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 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 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).

Examples of Ordinary Majority in a sentence

  • Ordinary Majority A simple majority of the shareholders who are entitled to vote and who voted in a General Meeting in person, by means of a proxy or by means of a deed of voting.

  • 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.

  • Each Director of the Company shall be elected by an Ordinary Majority at the Annual Meeting; provided, however, that external Directors shall be elected in accordance with applicable law and/or any relevant stock exchange rule applicable to the Company.

  • The Directors' fees for their services will be set by the Assembly Chamber by Ordinary Majority Resolution.

  • The Assembly may create and pass by Ordinary Majority Resolution a resolution about Treaty Related Matters.


More Definitions of Ordinary Majority

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.
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 the Ordinary Shareholder(s) holding at least 50% of the issued and outstanding Ordinary Shares.
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.