Super Board Approval definition

Super Board Approval means the approval (by vote or written consent) of the Board of Directors, which vote must include the affirmative vote or consent of at least 60% of the directors (rounded up to the nearest director) then in office.
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Super Board Approval shall have the meaning assigned to such term in the Charter.
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Super Board Approval has the meaning set forth in the Operating Agreement.
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Examples of Super Board Approval in a sentence

  • In the private sector, articles 336 to 336 b of the Code of Obligations provide protection from wrongful dismissal.

  • The Company will not enter into any material agreement with respect to any material Intellectual Property of the Company (including both licenses of such Intellectual Property to the Company and by the Company to third parties) without the affirmative vote or consent of the Super Board Approval.

  • The Company will not incur any indebtedness in excess of $500,000 individually or $1,000,000 in the aggregate in any twelve (12) month period, without the affirmative vote or consent of the Super Board Approval.

  • The Company will not appoint, terminate or remove the Chief Executive Officer or other Key Officers without the affirmative vote or consent of the Super Board Approval.


More Definitions of Super Board Approval

Super Board Approval means the approval of the Company’s Board of Directors, including the approval of at least seventy percent (70%) of the directors then in office.
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Related to Super Board Approval

  • Board Approval has the meaning set out in Section 2.2(a)(ii);

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Company Board of Directors means the board of directors of the Company.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Parent Board means the board of directors of Parent.

  • Company Board means the Board of Directors of the Company.

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Acquiror Board means the board of directors of Acquiror.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Purchaser Board means the board of directors of the Purchaser.

  • Shareholder Approval Date means the date on which this Plan is approved shareholders of the Company eligible to vote in the election of directors, by a vote sufficient to meet the requirements of Code Sections 162(m) (if applicable) and 422, Rule 16b-3 under the Exchange Act (if applicable), applicable requirements under the rules of any stock exchange or automated quotation system on which the Shares may be listed on quoted, and other laws, regulations and obligations of the Company applicable to the Plan.

  • Requisite Shareholder Approval shall have the meaning set forth in Section 4.3(a).

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Stockholder Approval has the meaning set forth in Section 4.5.

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • Board or Board of Directors means the Board of Directors of the Company.

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Prior Approval means written ap- proval by an authorized official evi- dencing prior consent.

  • Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • Shareholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the shareholders of the Company with respect to the transactions contemplated by the Transaction Documents, including the issuance of all of the Shares and Warrant Shares in excess of 19.99% of the issued and outstanding Common Stock on the Closing Date.

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • Board of Directors or Board means the Board of Directors of Betex India Limited, as constituted from time to time.