Special Approval means approval by a majority of the members of the Conflicts Committee.
Special Approval means approval by a majority of the members of the Audit Committee.
Special Approval means approval by a majority of the members of the Conflicts Committee, provided that at the time of such approval all of the material facts known to the General Partner or any of its Affiliates regarding the proposed transaction in respect of which such approval is given were fully disclosed to or otherwise known by the Conflicts Committee.
Examples of Special Approval in a sentence
Failure to seek Special Approval shall not be deemed to indicate that a conflict of interest exists for which Special Approval could not have been obtained.
The Board of Directors or the Manager shall be authorized but not required, in connection with the resolution or course of action taken with respect to such conflict of interest, to seek Special Approval or Member approval of such conflict of interest, and the Board of Directors or the Manager may also adopt a resolution or course of action that has not received Special Approval or Member approval.
More Definitions of Special Approval
Special Approval has the meaning assigned to such term in the MLP Agreement.
Special Approval is defined in the Partnership Agreement.
Special Approval means approval by a majority of the members of the Conflicts Committee or, if the Conflicts Committee has only one member, the sole member of the Conflicts Committee.
Special Approval means approval by the Audit Committee.
Special Approval means approval by a majority of the Independent Directors, which may include the approval of the Audit Committee.
Special Approval means “Special Approval” as defined in the Partnership Agreement.
Special Approval means approval by a majority of the non-interested members of the Manager’s investment committee.