Ordinary Majority definition

Ordinary Majority means a simple majority of the votes cast by shareholders at a General Meeting in person or by means of a proxy.

Ordinary Majority means the holders of more than fifty percent (50%) of the then issued and outstanding Ordinary Shares (other than the Ordinary Shares issued upon the conversion of Preferred Shares and Ordinary Shares held by the Investors).

Ordinary Majority means a majority of more than 50% of all the actual votes cast by the Shareholders present (either in person, through proxy or through written ballot), and entitled to vote on the relevant proposal in a General Meeting (or class meeting, if applicable), without taking into account abstentions.

Examples of Ordinary Majority in a sentence

• No Shareholder, not being a Director, shall have any right to inspect any account or book or other similar document of the Company, except as conferred by Law or authorized by the Board or by a resolution of the General Meeting adopted by an Ordinary Majority.

• In any General Meeting, a proposed resolution shall be adopted if it receives an Ordinary Majority, or any other majority of votes set by Law or in accordance with these Articles of Association.

• Upon the recommendation of the Board approved by a resolution of the General Meeting adopted by an Ordinary Majority, a dividend may be paid, in whole or in part, by the distribution of specific assets of the Company or by distribution of paid up shares, debentures or other securities of the Company or of any other companies, or in any combination thereof.

• If all the directors and the other Office Holders are not present, or all the directors and the other Office Holders have refused to chair the meeting, one of the Shareholders or his proxy will be elected to chair the meeting by an Ordinary Majority vote of the Shareholders present and voting, not including abstentions.

• A General Meeting at which a lawful quorum is present (hereinafter: “The Original General Meeting”), may resolve by an Ordinary Majority to adjourn the General Meeting, from time to time, to another time and/or place (hereinafter: an “Adjourned Meeting”).

More Definitions of Ordinary Majority

Ordinary Majority means the holders representing more than fifty percent (50%) of the voting power of the Ordinary Shares then outstanding, voting together as a single class on an as converted basis, excluding Class A Ordinary Shares converted and convertible from any Preferred Shares.

Ordinary Majority means the holders of more than fifty percent (50%) of the voting power of the issued and outstanding Class A Ordinary Shares.

Ordinary Majority. - means an ordinary majority of all the votes of the shareholders present and entitled to vote at a particular meeting or class meeting of the Company, as applicable, without taking into account the votes of abstainees.

Ordinary Majority means Founder Entit(ies) holding more than fifty percent (50%) of the total issued and outstanding Ordinary Shares held by the Founder Entities on an as-converted and fully-diluted basis.

Ordinary Majority. - means an ordinary majority of all the votes of the shareholders present, in person or by proxy, and entitled to vote at a particular meeting or class meeting of the Company, as applicable, without taking abstentions into account.

Ordinary Majority. - means more than fifty percent (50%) of the voting power underlying the shares held by all of the shareholders who are entitled to vote and who voted in a General Meeting in person or by means of a proxy.

Ordinary Majority means Ordinary Shareholders holding more than fifty per cent. (50%) of the Ordinary Shares then issued and outstanding.