Majority Preferred Directors definition
Majority Preferred Directors means a majority of the Preferred Directors then serving as Directors.
Majority Preferred Directors means any four (4) out of all of the Preferred Directors.
Majority Preferred Directors means the affirmative vote or written consent by at least a majority of the Preferred Directors.
Examples of Majority Preferred Directors in a sentence
No Stockholder shall Transfer any Equity Securities of the Company to any Prospective Transferee that is a competitor of the Group as determined by the Board in good faith (including the affirmative vote of the Majority Preferred Directors).
Subject to applicable Laws, each Over-Purchasing Stockholder shall be entitled to apportion the Unpurchased Offered Shares to be purchased among its Affiliates, provided that such Affiliate is not a competitor of the Group as determined by the Board in good faith (including the affirmative vote of the Majority Preferred Directors).
More Definitions of Majority Preferred Directors
Majority Preferred Directors has the meaning set forth in the Shareholders’ Agreement.
Majority Preferred Directors means a majority of the Preferred Directors (at least five (5) out of eight (8)).
Majority Preferred Directors means at least three (3) Preferred Directors.
Majority Preferred Directors means no less than two-thirds of the Preferred Directors
Majority Preferred Directors means, (a) when the Board only has one (1) Preferred Director, such Preferred Director; and (b) when the Board has more than one (1) Preferred Directors, the majority of all Preferred Directors.