Board Proposal definition

Board Proposal has the meaning set forth in Section 6.15.
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Board Proposal means any proposal approved by the Board and submitted to the shareholders of the Corporation.
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Board Proposal means a proposal stating a valid business purpose, approved and endorsed by a majority of the Board of Directors, presented to the shareholders for action by the shareholders at any meeting;
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Examples of Board Proposal in a sentence

  • The County reserves the right to interview, any or all Proposers and/or visit any or all Proposer’s sites during the evaluation of proposals by the Board Proposal Review Committee.

  • The Voting Constituency Class and (in the event the Staggered Board Proposal is adopted) the Term of Office Class to which each director is to be allocated shall be set forth in the Proxy Statement (as hereinafter defined) at the time it is mailed to the stockholders of the Company.

  • Each director in office as of the Effective Time shall be allocated to a Voting Constituency Class and (in the event the Staggered Board Proposal is adopted) a Term of Office Class in accordance with the applicable provisions of the Surviving Corporation Certificate of Incorporation.

  • If the Board Proposal is approved by the required vote of the Parent Stockholders, then, immediately prior to but effective only upon the Closing, Parent shall appoint Dxxxxx X.

  • The adoption of this new standard changes the presentation of the financial statements by disclosing the unrealised gains and losses on the investment portfolio in the Statement of Comprehensive Income rather than the Statement of Changes in Equity.

  • Vote Required; Recommendation of the Board Proposal Three must be approved by the Required Vote, assuming a quorum is present.

  • If such proposal carries at the 2018 Annual Meeting, the Company shall promptly cause the Certificate of Incorporation to be amended and take all other necessary actions so that the Board is no longer classified pursuant to the terms of the Classified Board Proposal.

  • Hockersmith) Documents: PFEIFFER 69TH AND SEAWALL EMERGENCY RAPAIRS.PDF 10.O. Consider For Approval The Buy Board Proposal Of Work For The Repair And Rehabilitation Of The Causeway Lighting From Crescent Engineering Company, Inc.

  • If the Supermajority Voting Proposal receives a majority of the votes cast at the 2015 Annual Meeting with respect to such proposal, then, at the 2016 Annual Meeting, the Board shall present to the Company’s stockholders, and shall recommend that the Company’s stockholders vote in favor of, amendments to the Charter and the Bylaws to eliminate any Supermajority Voting Provision in the Charter and the Bylaws (collectively, with the 2016 Declassified Board Proposal, the “2016 Proposals”).

  • The regulators’ harmonization of their safe harbor rules would be consistent with the stated intention of the tfDIC that its proposed rule “work in tandem with the [Board Proposal] and the [OCC Proposal].”25The tfDIC Proposal also includes a process for approval of enhanced creditor protection conditions that is substantially similar to that under the Board Proposal and the OCC Proposal, except that a covered tfSI would apply to the tfDIC for review of such enhanced creditor protections.

Related to Board Proposal

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Notice of Superior Proposal has the meaning set forth in Section 5.09(e).

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Competing Proposal shall have the meaning set forth in Section 6.6(f)(i).

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • approved proposal means a proposal approved or deemed to be approved under this Agreement;

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Eligible Proposal means a Proposal that meets or exceeds the prescribed requirement, proceeding to the next stage of evaluation;

  • Proposal means the Technical Proposal and the Financial Proposal of the Consultant.

  • Alternative Transaction Proposal means any proposal, offer, inquiry or contact with respect to an Alternative Transaction.

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Technical Proposal means the Contractor’s Technical Proposal dated (Technical Proposal date).

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • TO Financial Proposal means the TO Contractor’s financial response to the CATS+ TORFP dated date of TO Financial Proposal.

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Superior Acquisition Proposal means a bona fide Acquisition Proposal made by a third party for one or more of the McNeil Partnerships which the general partner of each such McNeil Partnership determines in good faith to be more favorable to the limited partners of such McNeil Partnership from a financial point of view than the Mergers and the other transactions contemplated by this Agreement with respect to such McNeil Partnership, and which such general partner determines in good faith is reasonably likely to be consummated.

  • Company Acquisition Proposal means any proposal for a merger or other business combination involving the Company or the acquisition of any equity interest in, or a substantial portion of the assets of, the Company, other than the transactions contemplated by this Agreement.

  • Price Proposal means the price offer included in the Proposal submitted by a Proposer as set forth on the forms requested in Exhibit C-2 of the ITP.

  • Parent Board Recommendation has the meaning set forth in Section 5.12(a).