Majority of the Board definition
Majority of the Board means as of any given time, the Directors having the right to cast a majority of the votes of the Board of Directors.
Majority of the Board means the affirmative vote of more than fifty percent (50%) of the Governors.
Majority of the Board means the affirmative vote or written consent of a Majority of the members of the Board.
Examples of Majority of the Board in a sentence
At any time, the Chairman, if any, can be removed from his or her position as Chairman by a Majority of the Board.
A Majority of the Board shall constitute a quorum of the Board for purposes of conducting business.
Any decisions to be made by the Board shall require the approval of a Majority of the Board.
Managers, as such, shall not receive any stated salary for their services, but shall receive such reasonable compensation for their services as may be from time to time agreed upon by the Member or by a Majority of the Board.
A Majority of the Board may elect any one of the Managers to be the chairman of the board (the “Chairman”).
More Definitions of Majority of the Board
Majority of the Board means more than half of the voting power of those directors present, voting and forming part of the quorum at a properly convened Board meeting.
Majority of the Board means, at any time, a combination of any of the then Directors constituting more than fifty percent (50%) of the number of Directors who are then elected and qualified.
Majority of the Board means (i) if the Board of Managers is comprised of more than one manager, the affirmative vote of a majority of the managers then comprising the Board of Managers and (ii) if the Board of Managers is comprised of one manager, the vote of that manager.
Majority of the Board means, at any time, a combination of any of the then Managers constituting a majority of the votes of all of the Managers who are then elected and qualified.
Majority of the Board means a majority of the members of the Board;
Majority of the Board means, at any time, a majority of the votes attributable to the Directors who are then elected and qualified, including, without limitation, any rights to cast the votes of a TCP Director or GI Director who has resigned as contemplated pursuant to Sections 3.1(c)(ii) and 3.1(c)(iii) hereof.
Majority of the Board means the affirmative vote of more than fifty percent (50%) of the Governors. Except as otherwise provided in this Agreement, all actions requiring approval or vote of Members shall be taken by and approved upon voting based upon Membership Units and Percentage of Membership Units.