Member Resolution definition

Member Resolution means a special resolution by the Members directing the Directors to take, or refrain from taking, specified action.

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Member Resolution. A resolution of the member of the Issuer. “Member State”: Any member state of the European Union. 48 “Merging Entity”: The meaning specified in Section 7.10. “Minimum Denomination”: With respect to (a) the Secured Notes, U.S.$250,000 and integral multiples of U.S.$1 in excess thereof and (b) the Subordinated Notes, U.S.$1,700,000 and integral multiples of U.S.$1 in excess thereof; provided that solely in connection with the issuance of the Denomination Exclusion Notes and any transfer thereof after the Closing Date, the minimum denomination of such Notes may be less than the Minimum Denomination; provided that, after giving effect to a transfer of Denomination Exclusion Notes, the transferor owns $0 in aggregate principal amount of such Class of Notes. "Minimum Fitch Floating Spread": On any date of determination, the Minimum Fitch Floating Spread applicable to the current Fitch Test Matrix selected by the Collateral Manager. "Minimum Fitch Floating Spread Test": A test that is satisfied on any date of determination if the Weighted Average Floating Spread plus the Excess Weighted Average Coupon as of such date equals or exceeds the Minimum Fitch Floating Spread as of such date. “Minimum Floating Spread Test”: The test that will be satisfied on any date of determination if the Weighted Average Floating Spread plus the Excess Weighted Average Coupon equals or exceeds the greater of (a) the S&P Minimum Floating Spread and (b) 2.00%. “Minimum Weighted Average Coupon”: (i) If any of the Collateral Obligations are Fixed Rate Obligations, 7.00% and (ii) otherwise, 0.0%. “Minimum Weighted Average Coupon Test”: The test that will be satisfied on any date of determination as of which the Collateral Obligations include any Fixed Rate Obligations if the Weighted Average Coupon plus the Excess Weighted Average Floating Spread equals or exceeds the Minimum Weighted Average Coupon. "Minimum Weighted Average Fitch Recovery Rate Test": The test that will be satisfied on any date of determination if the Weighted Average Fitch Recovery Rate is greater than or equal to the applicable level in the Fitch Test Matrix. “Minimum Weighted Average S&P Recovery Rate Test”: The test that will be satisfied on any date of determination on and after the S&P CDO Monitor Election Date if the Weighted Average S&P Recovery Rate for the Highest Ranking S&P Class equals or exceeds the S&P CDO Monitor Recovery Rate of such Class of Secured Debt selected by the Collateral Manager in connection w...

Member Resolution means, for all matters put to a vote by the Leadership Council, the Members, or any committee as may exist from time to time, a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast, such votes representing not fewer than sixty percent (60%) of the total number of Certified and Registered Individuals associated with the Members of the Corporation, on that resolution at a duly called meeting on notice at which quorum is present or by written resolution signed by all those entitled to vote on the resolution.

Examples of Member Resolution in a sentence

The number of Representatives may be changed only by a Supermajority Member Resolution.
Where a Supermajority Member Resolution has been passed for such a loan, the applicable interest shall be consistent with the terms of subsection (c)(iv) of “SECTION 9: LEVERAGING POLICY” of the Charter.
The Shareholders shall use all reasonable endeavours to resolve the dispute on an amicable basis within fifteen (15) Working Days of the same arising (the first day of that 15 Working Day period being the first Working Day after any Member has given notice in writing to the other Shareholders stating that, in its belief, a dispute has arisen) (such period being the Member Resolution Period).
If the Chief and Council and Eligible Members approve of the Band Development, a Band Council Resolution and a Member Resolution must be prepared evidencing such approval.
The Company may, at its option by Member Resolution, at any time, with respect to the Securities, elect to have either Section 1302 or Section 1303 be applied to all Outstanding Securities upon compliance with the conditions set forth below in this Article Thirteen.
If any item requiring Member Resolution or Board Resolution is unresolved, such item shall be discussed and determined by the CEOs (i.e., top executives) of Amyris and Nikko Chemicals in good faith.
Upon the request of the Company accompanied by a Member Resolution authorizing the execution of any amended or supplemental indenture, the Trustee shall, subject to this Section 903, join with the Company in the execution of such amended or supplemental indenture authorized or permitted by the terms of this Indenture.
In the event the Purchase of a single parcel of Land involves a Price in excess of $50,000, involves Land in an urban municipality or involves Land that has a business located on the Land (other than a family farming operation) then prior to the Chief and Council providing their approval, the Purchase must firstly be approved by the Eligible Members in accordance with Article 27 and a Member Resolution must be provided to the Trustee evidencing such approval.
Any Additional Securities may be issued pursuant to authorization provided by a Member Resolution, a supplement to the Indenture, or under an Officers’ Certificate pursuant to the Indenture.
The election of the Company to redeem any Notes pursuant to Section 1101 or 1102(b) shall be evidenced by a Member Resolution.

More Definitions of Member Resolution

Member Resolution means a copy of a resolution duly adopted by the Members and delivered to the Trustee.

Member Resolution means a resolution of the Eligible Members following a vote held in accordance with Article 27, in the form set out in Schedule “C”, signed by a quorum of the Chief and Council;

Member Resolution means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Managing Member and to be in full force and effect on the date of such certification, and delivered to the Trustee.