Examples of Special Board Approval in a sentence
Except in so far as the Guidelines may provide for a higher standard, and subject to Article 27.7, during the Initial Board Transition Period, Special Board Approval shall be required for the transaction of any business by the Board and thereafter questions arising at a meeting of the Board shall be decided by a majority of votes of the Directors present at such meeting who are entitled to vote on such question.
Access to Debtors’ Records after Effective Date On the Effective Date, (a) the Debtors shall be deemed to have transferred, assigned and conveyed to the Liquidating Trust, and the Liquidating Trust shall be authorized to take possession of, the Liquidating Trust Books and Records, and (b) the Debtors shall be deemed to have transferred, assigned and conveyed to the Property Trust, and the Property Trust shall be authorized to take possession of, the PT Books and Records.
Special Board Approval is required for various transactions involving amounts greater than $10 million.
The camp can likely be reserved at the end of the current ODS or soon after returning home.
Special Board Approval cannot be met without a positive vote of at least one nominee of each shareholder; thus, both shareholders are effectively granted veto rights.