Board Quorum definition

Board Quorum means, subject to clause 5.7, not less than one half of the Directors then in office.
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Board Quorum has the meaning set forth in Section 4.05(a).
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Board Quorum has the meaning set forth in Section 4.05(a). “Board Special Consent” means the affirmative vote or written consent of the Managers representing more than sixty percent (60%) of the Deemed Cleco Power Interests and including (i) the affirmative vote or written consent of Managers designated by at least two (2) unaffiliated General Partner Members and (ii) for so long as (x) required by applicable Law and (y) there is at least one Independent Manager serving on the Cleco Power Board, the affirmative vote of at least one Independent Manager. “Board Special Consent Matter” means each action or matter, any consent or approval of which, pursuant to the provisions of this Agreement, requires Board Special Consent. “Board Supermajority Consent” means the affirmative vote or written consent of the Managers representing more than seventy-five percent (75%) of the Deemed Cleco Power Interests and including (other than for purposes of Section 4.02(c)) for so long as (i) required by applicable Law and (ii) there is at least one Independent Manager serving on the Cleco Power Board, the affirmative vote of at least one Independent Manager. “Board Supermajority Consent Matter” means each action or matter, any consent or approval of which, pursuant to the provisions of this Agreement, requires Board Supermajority Consent. “Board Unanimous Consent” means the approval or consent of all Managers then serving on the Cleco Power Board, including the Special Independent Manager; provided, that the approval or consent of an Alternate Manager in place of the Designated Manager for which he or she serves as an alternate shall be sufficient for this purpose, and no Alternate Manager need approve or consent if the Designated Manager for which he or she serves as an alternate approves or consents. “Board Unanimous Consent Matter” means each action or matter, any consent or approval of which, pursuant to the provisions of this Agreement, requires Board Unanimous Consent. “Business Days” means any day other than a Saturday, a Sunday or a legal holiday recognized or declared as such by the government of the United States of America, the State of New York or the State of Louisiana, on which banks are generally open for business in New York City and Baton Rouge,
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Examples of Board Quorum in a sentence

  • If at the adjourned meeting a Board Quorum is not present within 30 minutes after the time scheduled for the meeting, the Directors present shall then constitute a Board Quorum.

  • No business may be transacted at a Board meeting unless a Board Quorum is present.

  • Accordingly, Directors participating in a Board meeting via such means shall be deemed to be present in person at the meeting and shall be entitled to be counted in the Board Quorum and to vote.


More Definitions of Board Quorum

Board Quorum means 51% of Directors present for a board meeting as stipulated in Section 6.6.
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Board Quorum means, subject to clause 5.7, not less than one half of the Directors then in office. Business Day means any day (other than a Saturday, Sunday or public holiday, as that term is defined in section 5(1) of the Holidays Act 2003) on which registered banks are open for general banking business in Northland, New Zealand. Chairperson means the chairperson of the Board appointed in accordance with clause 5.8.
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Board Quorum shall have the meaning ascribed to such term under Clause 2.4 (d);
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Related to Board Quorum

  • Company Board of Directors means the board of directors of the Company.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • entire Board of Directors means the total number of directors which the Corporation would have if there were no vacancies.

  • Board or Board of Directors means the Board of Directors of the Company.

  • Board Committee means those individual members of the Board of Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article VIII and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Quorum means a majority of the Regular Trustees or, if there are only two Regular Trustees, both of them.

  • Board of Directors means the board of directors of the Company.

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Board of Director or “Board” means the Board of Directors of Omaxe Limited, as constituted from time to time.

  • Independent Board Committee means the independent board committee of the Company

  • Sub-Committee means any other committee, other than the executive committee/ mayoral committee or committees appointed by the council or the executive committee;

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • the Board means the board of directors of the Company;

  • Nominations Committee means the committee referred to as such in, and established pursuant to, Article 133;

  • Board means the Board of Directors of the Company.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Whole Board means the total number of authorized directors whether or not there exist any vacancies or unfilled seats in previously authorized directorships.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.