Resolution of Members means either:
Resolution of Members means a resolution approved at a duly convened and constituted meeting of the Members of the Company by the affirmative vote of a majority of the votes of the Shares entitled to vote thereon which were present at the meeting and were voted;
Resolution of Members means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a written resolution signed by or on behalf of an absolute majority of the Members. In computing the majority when a poll is demanded, and in the case of a written resolution, regard shall be had to the number of votes to which each Member is entitled by the Articles.
Examples of Resolution of Members in a sentence
The Company may by Resolution of Members or by a Resolution of Directors continue as a company incorporated under the laws of a jurisdiction outside the British Virgin Islands in the manner provided under those laws.
The Company may by a Resolution of Members or by a Resolution of Directors appoint a voluntary liquidator.
Any Ordinary or Special Resolution of Members and any other action that may be taken by the Members at a meeting may also be taken by a resolution consented to in writing, without the need for any notice, by all Members who would have been entitled to attend and vote at a meeting called for the purpose of passing such a resolution or taking any other action.
The Company may by Resolution of Members call for the accounts to be examined by an auditor.
Notwithstanding section 175 of the Act, the Board may sell, transfer, lease, exchange or otherwise dispose of the assets of the Company without the sale, transfer, lease, exchange or other disposition being authorised by a Resolution of Members.
More Definitions of Resolution of Members
Resolution of Members means a resolution of the members passed either at a meeting of members, or by way of a written resolution, in either case in accordance with the provisions of the Articles;
Resolution of Members means a resolution passed by a simple majority of the Members voting as a single class as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a written resolution signed by or on behalf of an absolute majority of the Members. In computing the majority when a poll is demanded, and in the case of a written resolution, regard shall be had to the number of votes to which each Member is entitled by the Articles.
Resolution of Members means, subject to Clauses 12 and 12A of the Memorandum and Article 47, a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a written resolution signed by or on behalf of an absolute majority of the Members. In computing the majority when a poll is demanded, and in the case of a written resolution, regard shall be had to the number of votes to which each Member is entitled by the Articles. Except as otherwise set forth in the Memorandum and Articles, the Memorandum and Articles may only be amended by a Resolution of Members where such Resolution of Members has been passed by Members holding not less than 65 percent of the votes cast at a meeting of the holders of the Ordinary Shares, unless such Resolution of Members is passed in connection with a Business Combination in which case the Resolution of Members may be passed by an absolute majority of the shares cast at a meeting of the holders of the Ordinary Shares.
Resolution of Members means a resolution passed by a simple majority ofthe votes of such members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy or, in the case of corporations, by their duly authorised representatives, at a general meeting held in accordance with these Articles and includes a resolution passed pursuant to Article 11.10.
Resolution of Members means, (i) a resolution approved at a duly convened and constituted general meeting of the Shareholders by a majority of in excess of 50% of the votes cast by those Shareholders entitled to vote on the resolution (having regard to the number of votes to which each such Shareholder is entitled under the Memorandum and Articles), or such other threshold as may be specified in the Memorandum and Articles, or (ii) a resolution in writing signed or consented to in writing or by telex, telegram, cable or other written electronic communication by or on behalf of one or more Shareholders who together hold Shares which carry, in aggregate, a majority in excess of 50% of the votes of all Shareholders entitled to vote on the resolution at a general meeting (having regard to the number of votes to which each such Shareholder is entitled under the Memorandum and Articles), or such other threshold as may be specified in the Memorandum and Articles.
Resolution of Members means a resolution passed by a simple majority of thevotes of such members of the Company as, being entitled to do so, vote in person or, where proxies are allowed, by proxy or, in the case of corporations, by their duly authorised representatives, at a general meeting held in accordance with the Articles, or by way of a Written Resolution, in either case in accordance with the provisions of the Articles.
Resolution of Members means a resolution passed by the holders of a majority of in excess of fifty (50) percent of the votes of those members (or their duly appointed proxies) entitled to vote and voting on the resolution either at a meeting of members, or by way of a Written Resolution, in either case in accordance with the provisions of the Articles;