Supermajority Resolution definition

Supermajority Resolution means a resolution adopted by a majority vote of the Members at a general meeting attended by Members who represent two-thirds or more of the total outstanding shares of the Company or, if the total number of shares represented by the Members present at the general meeting is less than two-thirds of the total outstanding shares of the Company, but more than one-half of the total outstanding shares of the Company, means instead, a resolution adopted at such general meeting by the Members who represent two-thirds or more of the total number of shares entitled to vote on such resolution at such general meeting;

Supermajority Resolution means a resolution required by Applicable Regulations, the Articles of Incorporation or these By-Laws, as relevant, to be approved by a higher percentage of votes cast than required under a Majority Resolution, or where the percentage of votes in favour and against the resolution is required to be calculated by a different mechanism to that required by a Majority Resolution.

Supermajority Resolution means a resolution passed by a majority vote of the Members at a general meeting attended by Members (either in person or by proxy) who represent two-thirds or more of the total outstanding Shares or, if the total number of Shares represented by the Members present (either in person or by proxy) at the general meeting is less than two-thirds of the total outstanding Shares, but more than one half of the total outstanding Shares, means instead, a resolution passed by the two-thirds or more of votes cast by the Members present (either in person or by proxy) at such general meeting.

Examples of Supermajority Resolution in a sentence

• Except where a provision of this Agreement requires a Special Resolution, Supermajority Resolution or unanimous resolution, all questions before the Management Committee will be decided by a simple majority of the votes cast.

• Notwithstanding any other provision of this Agreement, in addition to other matters in this Agreement specifically requiring any unanimous resolution, Special Resolution or Supermajority Resolution by the Management Committee, the matters set forth in Schedule B shall require a Special Resolution or a Supermajority Resolution by the Management Committee, as the case may be (with all such matters as set out in this Agreement and Schedule B referred to as the “Participant Reserved Matters”).

• A Class Rights Action shall require approval by a Majority Resolution of each company, unless Applicable Laws and/or the Thomson Articles and By-laws and the Thomson-Reuters Memorandum and Articles (as relevant) require such Class Rights Action to be approved as a Supermajority Resolution by either or both companies, in which case it shall be approved as a Supermajority Resolution by the relevant company or companies to which such requirement applies (the "Required Majority").

• This Agreement may be amended from time to time by the Corporation, provided that any such amendment shall take effect only upon the passage by Members of a Supermajority Resolution at a Special Meeting or Annual Meeting approving such amendment.

• Unless the Act, the Articles, or This By-Law, or Membership Agreement otherwise provide, at any Meeting of Entity Members every question shall be determined by Ordinary Resolution on the question with the exception of changes to This By-Law or Articles of Incorporation which require a Supermajority Resolution.

More Definitions of Supermajority Resolution

Supermajority Resolution means a resolution passed by a majority vote of the Members at a

Supermajority Resolution means, with respect to Carnival or P&O Princess, a resolution required by Applicable Regulations and/or the Carnival Articles and By-laws or the P&O Princess Memorandum and Articles, as relevant, to be approved by a higher percentage of votes Voted than required under a Majority Resolution, or where the percentage of votes Voted in favour and against the resolution is required to be calculated by a different mechanism to that required by a Majority Resolution;

Supermajority Resolution means, with respect to Thomson or Thomson-Reuters, a resolution required by Applicable Laws and/or the Thomson Articles and By-laws or the Thomson-Reuters Memorandum and Articles, as relevant, to be approved by a higher percentage of votes Voted than required under a Majority Resolution, or where the percentage of votes Voted in favour and against the resolution is required to be calculated by a different mechanism to that required by a Majority Resolution;

Supermajority Resolution means, with respect to Carnival or P&O Princess, a resolution required by Applicable Regulations and/or the Carnival Articles and By-laws or the P&O Princess Memorandum and Articles, as relevant, to be approved by a higher percentage of votes Voted than required under a Majority Resolution, or where the

Supermajority Resolution means a resolution passed by Shareholders, being entitled to do so, voting in person or in the case of Shareholders being corporations, by their respective duly authorised representatives or, where proxies are allowed, by proxy at a general meeting, such Shareholders holding more than half of the total number of Shares held by all Shareholders present at that meeting, and such meeting attended by Shareholders holding in aggregate not less than two-thirds (2/3) of total number of issued Shares of the Company. However, in the case where the Shareholders present at such general meeting hold in aggregate less than two-thirds (2/3) of total number of issued Shares of the Company but more than half of the total number of issued Shares of the Company, “Supermajority Resolution” shall instead mean a resolution passed by Shareholders, being entitled to do so, voting in person or in the case of Shareholders being corporations, by their respective duly authorised representatives or, where proxies are allowed, by proxy at a general meeting, such Shareholders holding not less than two-thirds (2/3) of the total number of Shares held by all Shareholders present at such meeting;

Supermajority Resolution means, with respect to Carnival or P&O Princess, a resolution required by Applicable Regulations and/or the Carnival Constitution or the P&O Princess Articles, as relevant, to be approved by a higher percentage of votes Voted than required under a Majority Resolution, or where the percentage of votes Voted in favour and against the resolution is required to be calculated by a different mechanism to that required by a Majority Resolution;

Supermajority Resolution means a resolution passed by both (i) a majority of not less than two-thirds (2/3) of the votes cast by Founding Members and (ii) a majority of not less than two- thirds (2/3) of the votes cast by all Members; as the case may be on that resolution.