Special Majority Approval definition

Special Majority Approval means a resolution passed at, and entered in the minutes of, a meeting of the Shareholders duly called and held by the affirmative votes of persons holding or representing by proxy not less than 90% of the Shares.
Sample 1Sample 2
Special Majority Approval means the approval (by vote or written consent, as provided by law) of the holders of at least 2/3 of the then issued and outstanding shares of Series A-1 Preferred, voting separately as a single class.
Sample 1Sample 2
Special Majority Approval means the approval of a resolution by no less than ¾ of the Securityholders;
Sample 1

Examples of Special Majority Approval in a sentence

  • The Board will be entitled to establish equity incentive plans from time to time without the approval of the Voting Shareholders, provided, however, that unless authorized by Special Majority Approval, the aggregate number of securities of the Corporation issuable thereunder will not exceed 15% of the issued and outstanding Voting Shares from time to time.

  • No amendment to this Agreement will be valid or binding unless set forth in writing and Special Majority Approval is obtained.

  • Any other matter or issue in respect of which a provision in this Agreement expressly provides that Special Majority Approval of Shareholders is required.

  • Notwithstanding anything herein to the contrary, when required under Section 5.03(b), Funder Consent must be received in addition to any other requirements hereunder, including the requirements of Special Majority Approval as set forth in Section 5.02.

  • All Exclusive EC Matters shall be approved by Special Majority Approval of the Executive Committee.


More Definitions of Special Majority Approval

Special Majority Approval means the holders of no less than 2/3 of the outstanding Shares;
Sample 1
Special Majority Approval means the holders of no less than 2/3 of the outstanding Shares; (sss) “Tax Act” means the Income Tax Act (Canada), and the regulations promulgated thereunder, as amended from time to time;
Sample 1
Special Majority Approval means the approval of a majority of the EC Members constituting a quorum eligible to vote, which majority must include the County representative and the Funder representative. SPV means SLCO PFS 1, Inc., a Utah nonprofit corporation recognized as a 501(c)(3) organization under the Tax Code, established as the special purpose vehicle.
Sample 1
Special Majority Approval has the meaning given in paragraph 1 of this Schedule 10; Tag Along Notice has the meaning given in paragraph 7.3 of this Schedule 10; Tag Along Offer has the meaning given in paragraph 7.1 of this Schedule 10;
Sample 1
Special Majority Approval has the meaning given in paragraph 1 of this Schedule 10;
Sample 1
Special Majority Approval has the meaning given in paragraph 1 of this Schedule 5; SCHEDULE 7
Sample 1
Special Majority Approval means, subject to Section 3.5, as to a particular action being considered by the Board, approval of such action by all of the Directors.
Sample 1