Significant Matter definition

Significant Matter means any of the following:

Significant Matter has the meaning set forth in Section 6.4 of this Agreement.

Significant Matter means any matter involving the exercise by the Grand Council of the powers specified in paragraphs (2)(c), (d), (g), (h), (i), (k), (l) or (m) of Statute 15;

Examples of Significant Matter in a sentence

• For the avoidance of doubt, the Deadlock resolution mechanism set forth in Section 6.2(d) shall apply with respect to the failure of the Board to be able to make a decision upon any Significant Matter in accordance with this Section 6.4; provided, however, that prior to FHFA resolving any Deadlock with respect to a Significant Matter an in-person meeting to discuss the Deadlock shall have occurred among the Chief Executive Officers of each of the Enterprises and the director of FHFA.

• Neither Xxxxxx Xxx nor Xxxxxxx Mac may Transfer their respective LLC Units, or any portion thereof, without (i) approval as a Significant Matter pursuant to Section 6.4, and (ii) proper receipt of such other Governmental Approvals as may be necessary.

• Subject to any required Governmental Approval, the Company shall make distributions to the Members from time to time in such amount as shall be determined pursuant to the Significant Matter approval process provided for in Section 6.4. All distributions shall be made to the Members in accordance with their Percentage Interests.

• The CEO is hereby expressly authorized to (A) implement matters approved by the Board in accordance with Section 6.2, (B) implement Significant Matters approved pursuant to the Significant Matter approval process contained in Section 6.4 and (C) once the initial Business Plan and Budget are in effect in accordance with Section 8.1, operate the Company in accordance with the Charter, Business Plan and Budget in effect from time to time in accordance with Section 8.1.

• Deadlock · A deadlock shall consist of: o Two successive duly noticed Board meetings unable to be convened for lack of quorum; o Two successive Board meetings duly held without the Board reaching decision on any Significant Matter; or o Irrespective of the number of successive Board meetings held (or called), failure of the Board to agree on and adopt a business plan and annual budget for a period of four consecutive quarters.

More Definitions of Significant Matter

Significant Matter means, subject to Section 9.8(a)(iii), any of the following:

Significant Matter means whether in a single or series of transactions (i) a merger, reorganization, share exchange, consolidation, business combination, joint venture, partnership, recapitalization, dissolution, liquidation or similar transaction involving the Company constituting more than fifty percent (50%) or more of the assets, revenues or earnings of the Company, (ii) an acquisition of assets of the Company equal to more than fifty percent (50%) of the consolidated assets of the Company, (iii) an acquisition of more than 50% of the outstanding Company Common Stock, (iv) the issuance of. Company Common Stock that after giving effect to such issuance represents more than fifty percent (50%) of the outstanding Company Common Stock, or (v) a tender offer or exchange offer that, if consummated, would result in any person or “group” (as defined under Rule 13(d) of the Exchange Act) beneficially owning more than fifty (50%) of the outstanding Company Common Stock, other than the Nussdorf Group;

Significant Matter shall have the meaning specified in Section 2(d).

Significant Matter means any action, or failure to act, taking or having the effect of any of the following: (i) Approval of the annual operating and capital budgets of Solid for any year; (ii) Approval of the acquisition, regardless of the form thereof, by Solid or any Solid Subsidiary of the assets or securities of another Person for consideration greater than $50 million in value; (iii) Approval of the entry by Solid or any Solid Subsidiary into any joint venture, partnership, strategic alliance, merger or other business combination with another Person pursuant to which the value of the consideration paid or received by Solid (or the Solid Subsidiary) is greater than $50 million in value; (iv) Approval of the sale or other divestiture of assets of Solid or a Solid Subsidiary either (i) having a book value at the time of sale or divestiture of greater than $50 million, (ii) for consideration greater than $50 million or (iii) for consideration less than the fair market value of the assets proposed to be sold or divested (as determined in the sole discretion of the Board) or for no consideration; (v) A decision by the Board or the shareholders of Solid to issue or authorize the issue of equity securities of, or any other derivative security or financial instrument giving a right to an equity participation in, Solid, in any case in an amount in excess of $100 million or, in the case of a capital increase reserved to Lion or any Affiliate of Lion, in any amount in excess of $10 million, provided, however, that a proposed issuance of equity securities, or such derivative securities or financial instruments, in excess of $100 million shall be deemed not to be a Significant Matter if Blue is given the opportunity to subscribe for its pro rata share of such securities (based on its percentage ownership of Solid's capital) of such issuance; (vi) Presenting resolutions to the shareholders to approve an amendment of Solid's Statuts; and (vii) Approval of any agreement as to any transaction or series of related transactions between Solid (or any Subsidiary thereof) and Blue or any Subsidiary or Affiliate of Blue or between Solid (or any Subsidiary thereof) and Lion or any Subsidiary or Affiliate of Lion involving consideration or value which is greater than $10 million or the term of which exceeds one year or that is on terms which are less favorable to Solid (or any Subsidiary thereof) than could be obtained in arm's-length dealings with an independent third party (as determined in t...

Significant Matter means each of the following matters, in each case to the extent consistent with the FCC’s decision in Xxxxx Creek Communications, LLC, Memorandum Opinion and Order, 13 FCC Rcd 18709 (1998) and the Wireless Telecommunications Bureau’s determination that the contractual rights specified in the application of Advantage Spectrum, L.P. (ULS File No. 0006668843, granted July 5, 2016) did not preclude the grant of bidding credits to the Auction applicant:

Significant Matter means each of the following matters, in each case to the extent consistent with the decision in Bxxxx Creek Communications, LLC, Memorandum Opinion and Order, 13 FCC Rcd 18709, 18715 (1998) and the Wireless Telecommunications Bureau’s determination that the contractual rights specified in Advantage Spectrum, L.P. Form 601, ULS File No. 0006668843, LP Agreement – Advantage Spectrum (filed Mar. 20, 2015, Agreement Establishing Advantage Spectrum L.P., By and Between Frequency Advantage, L.P. and USCC Wireless Investment, Inc. entered into as of August 29, 2014, § 5.3), granted July 5, 2016, did not preclude the grant of bidding credits to that Auction applicant:

Significant Matter has the meaning specified in Section 2.3(a).