Ordinary Consent definition

Ordinary Consent means the written consent of Unitholders together representing more
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Ordinary Consent means the written consent of Participants togetherrepresenting more than 50% of the issued and outstanding Participations.“Organisational Expenses”means all costs incurred in connection with the formation of the Fund as further set forth in Section 10 of this Prospectus.“Participant”means a natural or legal person, which participates in the Fund in accordance with the Subscription Form and the Terms and Conditions.“Participation”means a unit in which the rights of the Participants to the Net Asset Value have been divided, each Participation, representing an equal interest in the Net Asset Value without priority or preference of one over the other, on the understanding that the Fund may not issue fractions of Participations.“Prospectus”means this prospectus including its schedules, as amended from time to time.“Redemption Notice Date”means the date on which the Administrator receives a Redemption Notice from a Participant seeking to redeem Participations.“Redemption Notice”means the standard notice through which a request for redemption of Participations is made.“Redemption Price”means with respect to a redemption of Participations, the Net Asset Value per Participation as at the Valuation Date of the Participations redeemed.“Register”means the register in which in respect of each Participant are entered its name, address and other contact details, the bank or securities account details on which the Participant wishes to receive payments, its tax status and the number of its Participations.“Renewable Energy”Energy that originates from resources which are naturally replenished on a human timescale such as sunlight, wind, rain, tides, waves, biomass and geothermal heat.“Settlement Date”means with respect to a subscription or a redemption of Participations, the date on which the Participations are issued or redeemed.
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Ordinary Consent means, subject to compliance with Clause 12.4 (Consent Matters), the express written consent (including by electronic mail) or approval by one or more of the Limited Partners who, at the time of providing such consent or approval, have Commitments (excluding Excluded Voting Commitments) that in aggregate exceed 50% of Total Commitments (excluding Excluded Voting Commitments).
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Examples of Ordinary Consent in a sentence

  • In case of resignation of the Fund Manager, the Participants shall by Ordinary Consent appoint a substitute Fund Manager.

  • In case of removal of the Fund Manager, the Participants shall by Ordinary Consent appoint a substitute Fund Manager.

  • In case of resignation of the Fund Manager, the Unit Holders shall by Ordinary Consent appoint a substitute Fund Manager.The Investor Advisory Committee may, on behalf of the Unit Holders, remove the Fund Manager as the Fund Manager of the Fund.

  • In case of resignation of the Fund Manager, the Participants shall by Ordinary Consent appoint a substitute Fund Manager.The Participants may at any time by resolution taken by Special Consent remove the Fund Manager as the fund manager of the Fund, such removal to have effect after three (3) months from the date notified in writing to the Fund Manager.

  • In case of resignation of the Fund Manager, the Unit Holders shall by Ordinary Consent appoint a substitute Fund Manager.

  • We reject this suggestion because Watson’s written request to include prejudgment interest filed with the trial court did not request this higher rate and, instead, relied solely on Civil Code section 3287 and requested interest at the statutory rate of 10 percent per annum.

  • At any time prior to the tenth anniversary of the First Closing Date, the life of the Partnership may be extended, by the election of the General Partner and the Investors by an Investors' Ordinary Consent (and, in relation to such Investors' Ordinary Consent, the General Partner shall be entitled to vote as an Investor in respect of its Commitment), by a period of one year, and may subsequently be extended in the same manner prior to its termination by a further period of one year.

  • Such person will be approved as a Key Executive if the Investors (by way of an Investors' Ordinary Consent) do not object within one month of such notification.

  • No distribution in specie will be made of Investments which have not achieved a Listing except on the commencement of winding up of the Partnership in accordance with Clause 15 (Termination of Business, Winding Up, Liquidation and Dissolution) or where otherwise by Ordinary Consent.

  • In case of removal of the Fund Manager, the Participants shall by Ordinary Consent appoint a substitute Fund Manager..


More Definitions of Ordinary Consent

Ordinary Consent means the written consent of Participants together
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Ordinary Consent means the written consent of Unitholderstogether representing more than 50% of the issued and outstanding Units. “Organisational Expenses” means all costs incurred in connection with the formation of the Fund and the STAK as further set forth in Section 9 of this Prospectus. "Performance Fee" means the performance fee due by the Fund to the Fund Manager as remuneration for its management of the Fund as set forth in Section9.2.3 of this Prospectus. “Prime Broker” means AMRO Clearing Bank N.V., a public limited liability company (naamloze vennootschap) organized and established under the laws of the Netherlands, with its registered address at Gustav Mahlerlaan 10, 1082 PP, Amsterdam and registered with the Dutch trade register under number: 33170459 or another prime broker that might be appointed in the future. “Prime Brokerage Agreement” means the prime brokerage agreement that is entered into by the Fund Manager, on behalf of the Fund, and the Prime Broker as set forth in Section 6.5 of this Prospectus. “Prospectus” means this prospectus including its schedules, as amended from time to time. “Redemption Date” means the first Business Day of any calendar month and/or, under certain circumstances set out in the Terms and Conditions, such other day or days as the Fund Manager may from time to time determine at its sole discretion. “Redemption Notice” means the standard notice through which a request for redemption of Units is made. “Redemption Price” means the Net Asset Value per Unit of a certain Class as at the Valuation Date immediately preceding the Redemption Date on which the relevant Unit is redeemed. “Register” means the register in which in respect of each Unitholder are entered its name, address and
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Ordinary Consent means the written consent of Participants together representing more than fifty per cent. (50%) of the issued and outstanding Participations.
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Related to Ordinary Consent

  • Necessary Consents means all planning permissions and all other consents, licences, permissions, certificates, authorisations and approvals whether of a public or private nature which shall be required by any Competent Authority for the Permitted Use;

  • Consent means written permission signed by a duly authorized officer or employee of the Commonwealth, provided that where the material facts have been disclosed, in writing, by prequalification, bid, proposal, or contractual terms, the Commonwealth shall be deemed to have consented by virtue of the execution of this contract.

  • Required Consent has the meaning set forth in Section 4.4.

  • Consent Date has the meaning set forth in Section 2.09(a) hereof.

  • Relevant Supervisory Consent means, in relation to any redemption or purchase of the Notes, any required permission of the Relevant Regulator applicable to the Company or the Relevant UK Resolution Authority (as applicable). For the avoidance of doubt, Relevant Supervisory Consent will not be required if either (i) none of the Debt Securities qualify as part of the Issuer’s regulatory capital, or own funds and eligible liabilities or loss absorbing capacity instruments, as the case may be, each pursuant to the Loss Absorption Regulations, (ii) the relevant Debt Securities are repurchased for market-making purposes in accordance with any permission given by the Relevant Regulator pursuant to the Loss Absorption Regulations within the limits prescribed in such permission or (iii) the relevant Debt Securities are being redeemed or repurchased pursuant to any general prior permission granted by the Relevant Regulator or the Relevant UK Resolution Authority (as applicable) pursuant to the Loss Absorption Regulations within the limits prescribed in such permission.

  • Requisite Shareholder Approval means the affirmative vote of a majority of the outstanding shares of the Company’s Voting Stock (voting together as a single class) and the affirmative vote of a majority of the outstanding shares of Common Stock (voting separately as a single class), in each case approving the amendment of the Company’s amended and restated articles of incorporation to increase the number of authorized shares of Common Stock to 150,000,000 shares.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).

  • Governmental Consent means any notice to, registration, declaration or filing with, exemption or review by, or authorization, order, consent or approval of, any Governmental Entity, or the expiration or termination of any statutory waiting periods;

  • Required Consents shall have the meaning set forth in Section 4.5.

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Governmental Approval is any consent, authorization, approval, order, license, franchise, permit, certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority.

  • Material Consents as defined in Section 7.3.

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Required Governmental Approvals means the Company Required Governmental Approvals and the Parent Required Governmental Approvals.

  • Requisite Stockholder Approval has the meaning set forth in Section 3.2.

  • Requisite Consents means all approvals, permissions and consents (whether statutory or otherwise) required from time to time from parties other than the Consultees in respect of the works or activities covered by a Proposal;

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • Governmental Authorizations means any approval, consent, license, permit, waiver, or other authorization issued, granted, given, or otherwise made available by or under the authority of any Governmental Entity or pursuant to any Legal Requirement.

  • Informed Financial Consent means the medical provider advises you of any out-of-pocket costs before your admission. This is called Informed Financial Consent.

  • Third Party Consent means any permission, consent, license, agreement, authorization or “right to use” required, from a third party (whether under a Third Party Agreement or otherwise):

  • Consents, Clearances and Permits means all authorizations, licenses, approvals, registrations, permits, waivers, privileges, acknowledgements, agreements, or concessions required to be obtained from or provided by any concerned authority for the purpose of setting up of the generation facilities and/ or supply of power;

  • Qualified Contract A Contract that qualifies under the Code as an individual retirement annuity (“IRA”) or a Contract purchased under a Qualified Plan that qualifies for special tax treatment under the Code. Qualified Plan — A retirement plan that receives favorable tax treatment under Section 401, 403, 408, 408A or 457 of the Code. SEC — Securities and Exchange Commission.

  • Company Consent mean, respectively, a written request, order or consent signed in the name of the Company by an Officer of the Company.

  • Approval means the written consent of the Authority.

  • Governmental Authorization means any permit, license, authorization, plan, directive, consent order or consent decree of or from any Governmental Authority.