Required Board Majority definition

Required Board Majority means at any time a majority of the members of the Board at that time which includes at least a majority of the Directors, each of whom has not been an employee of the Company or any subsidiary of the Company.
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Required Board Majority means at any time a majority of the members of the Board at that time.
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Required Board Majority means at any time a majority of the members of the Board at that time which includes at least a majority of the Outside Directors at that time.
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Examples of Required Board Majority in a sentence

  • The Business Plan and Budget in forms mutually agreed upon in writing by the JVC and the Shareholders shall have been approved by a Required Board Majority.

  • The Chief Executive Officer shall act in full accordance with any business or operating plan or Budgets approved by the Board and shall have no authority to take any action with respect to any of the matters enumerated in Section 7.4 or Section 8.10 without first obtaining the approval of the requisite Shareholder approval or a Required Board Majority, as the case may be, with respect to the matter in question.

  • Doc nr 180.05301/15joined with a Statistical Committee into the Committee on Raw Materials and Statistical Information (CR) in November.116The duties of the CR lay in the gathering and distribution of information, considering how economic policy affected the availability of raw materials, and how barriers to availability could be overcome.

  • A draft report.3. A final report including lessons learned, emerging good practices and recommendations.4. An Executive Summary according to the ILO guidelines and template.

  • The JVC shall have such other officers as a Required Board Majority may authorize by Board resolution.

  • Branches and other business offices may be established anywhere as necessary, if and to the extent approved by a Required Board Majority.

  • If such matter is not resolved within such time period, the second year of the Business Plan and Budget last approved by a Required Board Majority shall become the default Business Plan and Budget for the next fiscal year.


More Definitions of Required Board Majority

Required Board Majority means at any time a majority of the members of the Board of Directors of the Company at that time and which includes at least a majority of the independent directors at that time. Termination of the Executive’s employment by the Company for Cause shall be effective on the date of the notice of termination for Cause is delivered to the Executive.
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Required Board Majority means, with respect to any approval, the approval of a majority of the directors of the Board, with the approval of at least one director nominated solely by SPTL (other than any director that is a resident of Malaysia and not an employee of SPTL or any of its controlled Affiliates) and the approval of at least one director nominated solely by AUO (other than any director that is a resident of Malaysia and not an employee of AUO or any of its controlled Affiliates).
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Required Board Majority means at any time at least a sixty-six percent
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Required Board Majority means such vote of the New Parent Board as may be required by the by-laws of the Company as in effect from time to time, but in no event less than a majority of the New Parent Board.
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Required Board Majority is defined in Section 2(a)(i). Retirement is defined in Section 3(d). Retirement Date is defined in Section 1. Special Grants is defined in Section 2(b). Underpayment is defined in Section 7(b). Voting is defined in Section 9. Voting Stock is defined in Section 9.
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Related to Required Board Majority

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • 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.

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

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