Special Resolution of the Partners definition

Special Resolution of the Partners means a special resolution of the Partners of Elk Valley Coal holding not less than 95% of the outstanding Distribution Entitlements, in respect of certain significant matters regarding Elk Valley Coal;
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Special Resolution of the Partners means a resolution passed by Partners holding, in aggregate, not less than 95% of the outstanding Distribution Entitlements, either at a duly constituted meeting of Partners called for the purpose of considering such resolution or an adjournment thereof, or in writing (which writing may be by counterpart);
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Special Resolution of the Partners means a resolution passed by Partners holding, in aggregate, not less than 95% of the outstanding Distribution Entitlements, either at a duly constituted meeting of Partners called for the purpose of considering such resolution or an adjournment thereof, or in writing (which writing may be by counterpart); (tt)
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Examples of Special Resolution of the Partners in a sentence

  • Nothing herein contained shall prevent the Partnership from effecting any payment due to a Partner pursuant to the Administrative Services Agreements, other services agreements authorized by a Special Resolution of the Partners or any other agreement, lease or contract validly entered into between the Partnership and such Partner.

  • In the course of a winding-up or dissolution of the Partnership, the Managing Partner shall act as the receiver or, if approved by a Special Resolution of the Partners, as receiver and manager of the Partnership.

  • The Managing Partner may deviate from the Approved Plans and may take any necessary action to the extent that any emergency arises which requires any expenditure or other action for the protection of life, limb or property or the preservation of the assets and undertaking of the Partnership and is of sufficient urgency that approval by a Special Resolution of the Partners of a supplemental Capital and Operating Plan and Budget is not reasonably practicable.

  • No amendment, supplement, modification or waiver or termination of this Agreement shall be binding unless authorized by a Special Resolution of the Partners, which, for this purpose, must be in writing.

  • All decisions relating to the business and affairs of the Partnership will be made by the Managing Partner, other than those described in Schedule “A”, which must be approved by a Special Resolution of the Partners.

  • Unless changed by a Special Resolution of the Partners, the auditor of the Partnership shall be PricewaterhouseCoopers LLP.

  • If, in the good faith determination of the Managing Partner, and subject to Section 5.8, circumstances require a material deviation from the Prior Plan, the Managing Partner shall forthwith convene a Partners’ meeting to obtain, by Special Resolution of the Partners, authorization to deviate materially from the Prior Plan adjusted as contemplated in this Section 5.9(a).

  • The Partnership shall be wound up or dissolved on the authorization of such winding-up or dissolution by a Special Resolution of the Partners.

  • Except for the business and activities specified in Section 2.4 and the other businesses and activities authorized by a Special Resolution of the Partners, the Partnership shall not carry on any other business or activity.

  • Thereafter the Fiscal Year of the Partnership shall be the 12 month period ended December 31 of each year unless changed by a Special Resolution of the Partners.

Related to Special Resolution of the Partners

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Resolution shall have the meaning specified in Section 8(E).

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting by Shareholders, substantially in the form set out in Schedule B.

  • Articles of Association means the articles of association of the Company, as amended from time to time.

  • Declaration of Trust means this Agreement and Declaration of Trust, as amended or restated from time to time;

  • Urban Coordinating Council Empowerment Neighborhood means a neighborhood given priority access to State resources through the New Jersey Redevelopment Authority.