Majority Directors definition

Majority Directors means directors of the Corporation who are also members of the Board of Directors of ATI.

Majority Directors means a majority of the Directors of the Company (excluding the Stockholder Directors).

Majority Directors has the meaning set forth in Section 2.01(a)(iv).

Examples of Majority Directors in a sentence

• Majority Directors shall continue as directors and such additional voting right shall continue until such time as such default, event of default or event is cured, at which time such Majority Directors shall cease to be directors and such additional voting right of the Series A Preferred Stock and Series B Preferred Stock shall terminate subject to revesting in the event of each and every subsequent event of the character indicated above.

• Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned, in whole or in part, by operation of law or otherwise, by any of the parties without the prior written consent of the other parties hereto and the Majority Directors.

• The HCF Sale to Latitude is expected by the Majority Directors to provide immediate financial and other benefits to Humm and Humm Shareholders, and to create materially more value for Humm Shareholders than the status quo.

• In the event that the Chairperson is absent or fails to serve as chairperson of any meeting of the Board of Directors, one of the other Majority Directors shall act as chairperson in accordance with the order of directors fixed by the Board.

• Unless otherwise provided by this Agreement, the Special Member shall have the right fill a Director seat vacated by a Special Member Director, the Class A Member shall have the right to fill a Director seat vacated by a Class A Director and the Majority Directors shall have the right to fill a Director seat vacated by a Board Designated Director.

More Definitions of Majority Directors

Majority Directors has the meaning specified in Section 4.03(b).

Majority Directors means an affirmative vote of a majority of the votes cast by the Directors on a particular matter at a meeting of the Directors at which a majority of the Directors is present in person or by proxy, with each Director entitled to one vote.

Majority Directors means at any time Directors having more than fifty percent (50%) of the total number of votes (as provided in Section 6.3) that may be cast by all Directors then in office.

Majority Directors means at any xxxx Xxrectors having more than 50% of the total number of votes (as provided in Section 6.1(c)) that may be cast by all Directors then in office.

Majority Directors means at least four (4) directors of all the Preference Directors.

Majority Directors means more than two-thirds (2/3) of all Directors of the Company.

Majority Directors means, at any time, a majority of the members of the Board.