Special Majority Vote definition

Special Majority Vote means an affirmative vote of at least three- fourths of the Directors;

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Special Majority Vote means a simple majority of disinterested, non-affiliated Managers (counting all Managers affiliated with the holders of Class C Common Stock of Market Hub Partners, Inc. as one Manager for this purpose).

Special Majority Vote means a vote or resolution passed:

Examples of Special Majority Vote in a sentence

Decisions of the Joint Venturers set out in Schedule 2 must be determined by Special Majority Vote or by Unanimous Vote, as the case may be.
Such other person appointed pursuant to this clause 3.4(c) shall be nominated by written notice to each Shareholder together with a certified copy of the Special Majority Vote of the Board of CCIC.
This Agreement may be varied (Shareholder Variation) at any time as approved by a Special Majority Vote of the Shareholders or as evidenced by a written document signedf by at least that number of shareholders which in respect of their Shares would in aggregate constitute a Special Majority Vote.
There must at all times be at least 3 Directors (excluding alternate Directors), unless the Shareholders by Special Majority Vote determine otherwise.
The JV Company agrees to provide reasonable assistance to such technical consultant in its role, including the provision of such information and access to the Tenements and Mining Information as the technical consultant may reasonably require and, where agreed by Special Majority Vote of the Board, allowing a secondee to the Manager as set out in the Management Agreement.

More Definitions of Special Majority Vote

Special Majority Vote means an affirmative vote of a majority of the Directors that includes the unanimous affirmative vote of all Directors appointed by the founder members;

Special Majority Vote means the affirmative vote of at least two-thirds (2/3) of all disinterested Directors of the Board.

Special Majority Vote means a vote that consists of more than a two thirds majority (2/3) of the board members.

Special Majority Vote means a vote passed by a two thirds majority.

Special Majority Vote means a Simple Majority Vote at which the Founding Shareholder has also voted in favour. Sub-License Agreement means the agreement between the Company, Dyadic International (USA), Inc and Luina Bio Pty Ltd dated on or about the date of this document relating to the sub-licence of certain intellectual property rights to the Company. Sub-Licensed IP has the same meaning as defined in the Sub-License Agreement.

Special Majority Vote means a resolution of the Committee having the affirmative vote of two or more unrelated Parties having aggregate Percentage Interests exceeding 80%; "SR Costs" in relation to the Sole Risk Operation, means all costs and expenses reasonably and properly incurred by SR-Parties in carrying out the Sole Risk Operation; "SR Interest" in relation to a SR-Party and a Sole Risk Operation, means the participating interest of that party in the Sole Risk Operation; "SR Parties" in relation to a Sole Risk Operation, means the Parties participating in the Sole Risk Operation; "PSC Accounting Procedure" means the procedure set out in Exhibit-C to the Bengara-II PSC which Apex Bengara as the Operator is obliged to follow with respect to accounting for all costs incurred in the performance of Petroleum Operations pertaining to the Permit. In certain respects there are significant differences in the required PSC Accounting Procedure with respect to generally accepted accounting principles commonly practiced in the U.S.A.; "PSC Accounts" in relation specifically to the Bengara-II PSC, means all accounts and financial statements and records relating to the payment or receipt of moneys maintained by Apex Bengara as the Operator in relation to transactions entered into in the course of Petroleum Operations under the Permit and pertaining to the Permit Area together with all supporting documents including invoices, statements of expenditure, receipts and sales records; all principally for use as required by Pertamina for Cost Recovery documentation and Pertamina reporting as prescribed in the PSC Accounting Procedure and which would normally, but not necessarily, include JV Accounts. "Unanimous Vote" means a resolution of the Committee having the affirmative vote of all of the Parties to the Joint Venture taken at a meeting or in writing at which all Parties are present or are represented and cast their respective votes all having aggregate Percentage Interests totaling 100%; "Withdrawal Notice" means a notice of intention to withdraw from the Joint Venture; "Withdrawing Party" means a Party which has served, or which, under the terms of this Agreement, has been deemed to have served, a Withdrawal Notice on the other Parties; "Work Obligation" means the minimum work and expenditure requirements from time to time being conditions of grant of the Permit; and "Work Period" means the period the subject of an approved Work Program and Budget.