Majority Vote of the Board definition

Majority Vote of the Board means, with respect to a decision to be made or an action to be taken by a Majority Vote of the Board, the Approval by Managers entitled to vote more than fifty percent (50%) of the total number of votes eligible to be cast.
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Majority Vote of the Board means a resolution adopted by a simple majority vote of a quorum of the BOARD OF DIRECTORS.
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Majority Vote of the Board means a simple majority (more than fifty percent) of the votes actually cast by directors at a duly held meeting at which a quorum is present.
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Examples of Majority Vote of the Board in a sentence

  • Managers may also be removed for any reason by a Super Majority Vote of the Board of Managers.

  • Any officer or agent of the Company may be removed by a Super Majority Vote of the Board of Managers at any time, with or without cause.

  • Any action that can be taken at a meeting of the Board of Managers, or any action which may be taken at a meeting of the Board of Managers, may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by a Super Majority Vote of the Board of Managers.

  • Any officer or agent of the Board of Managers may be removed by a Super Majority Vote of the Board of Managers at any time, with or without cause.

  • Directors shall not receive any stated salary or reimbursements for their services as Directors; provided that, by resolution of a Super Majority Vote of the Board of Directors as set forth in Section 4.10, the Corporation may reimburse Directors for reasonable expenses, in such amounts as the Board of Directors may determine to be appropriate.

  • Member Committees and Sub-Groups shall have the same rules relating to quorum requirements and voting majorities as provided for in these Bylaws, unless otherwise approved by a Super Majority Vote of the Board of Directors.

  • The members of the Board of Managers shall receive per diem or other compensation for attending meetings and serving as a Manager as determined by a Super Majority Vote of the Board of Managers.

  • The departure plan may include the transfer of funds and equipment or other assets and must be approved by Simple Majority Vote of the Board.

  • Appointment and Conduct of Sub-Committees6.7 Any matters for decision of the Board (including the appointments of the Chair and Vice-Chair) may be delegated for decision to a Sub-Committee by a Majority Vote of the Board.

  • At any meeting of the Board duly called and expressly providing for such purpose, any one or more members of any committee may be removed with or without cause by a Super Majority Vote of the Board.


More Definitions of Majority Vote of the Board

Majority Vote of the Board means the affirmative vote by 50% plus one member of the full Board cast either by the seated member or their alternate.
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Majority Vote of the Board means the affirmative vote by members of the Board and/or their alternates casting a least a majority of the 100 votes apportioned to the Voting Entities.
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Related to Majority Vote of the Board

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Supermajority Vote means the affirmative vote of at least two-thirds of all of the members of the Operating Committee or any Subcommittee, as applicable, authorized to cast a vote with respect to a matter presented for a vote (whether or not such a member is present at any meeting at which a vote is taken) by the Operating Committee or any Subcommittee, as applicable (excluding, for the avoidance of doubt, any member of the Operating Committee or any Subcommittee, as applicable, that is recused or subject to a vote to recuse from such matter pursuant to Section 4.3(d)); provided that if two-thirds of all of such members authorized to cast a vote is not a whole number then that number shall be rounded up to the nearest whole number.

  • Chairman of the Board means the Chairman of the Board of the Corporation.

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

  • 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.

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

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

  • Simple Majority means a decision made by the Management Committee by more than 50% of the votes represented and entitled to be cast at a meeting thereof.

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

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

  • Parent Board means the board of directors of Parent.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

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

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

  • Sub-Committee means a committee of a committee created by the board.