Supermajority Vote of the Board definition

Supermajority Vote of the Board means approval by a majority of the entire Board of Directors, which majority must include all of the Independent Directors. CERTIFICATE OF SECRETARY BELVEDERE SOCAL The undersigned hereby certify that:
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Supermajority Vote of the Board means a resolution adopted by a minimum of a two-thirds (2/3) majority vote of the full Board of Directors, less any vacancies.
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Supermajority Vote of the Board means approval by a majority of the entire Board of Directors, which majority includes a majority of all Investor Directors and a majority of all Independent Directors.
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Examples of Supermajority Vote of the Board in a sentence

  • Any vacancy occurring in the office of the Chairman, Chief Executive Officer or President shall be filed by Supermajority Vote of the Board of Directors.

  • The Vice-Chairman shall perform such other duties as may from time-to-time be assigned to him or her by Supermajority Vote of the Board of Directors.

  • The Chairman, Chief Executive Officer or President shall be subject to removal without cause only by Supermajority Vote of the Board of Directors at a special meeting of the Board of Directors called for that purpose.

  • The Chairman of the Board shall be a director and shall preside at all meetings of the Board of Directors and, in the absence or inability to act of the Chief Executive Officer, meetings of stockholders and shall, subject to the Board's direction and control, be the Board's representative and medium of communication, and shall perform such other duties as may from time-to-time be assigned to the Chairman of the Board by Supermajority Vote of the Board of Directors.

  • Except as otherwise set forth herein, these Bylaws and IPR Policy may be altered, amended, or repealed upon a Supermajority Vote of the Board.

  • Except as otherwise set forth herein, the Organizational Documents may be altered, amended, or repealed upon a Supermajority Vote of the Board.

  • Assessment of fees requires a Supermajority Vote of the Board pursuant to Section 9.3.2(a) of this Agreement.

  • The amendment of this provision shall also require a Supermajority Vote of the Board.

  • The Corporation may be dissolved at any time by a Supermajority Vote of the Board at a meeting called expressly to consider dissolution.

  • If the Company does not elect to purchase all of the Offered Securities within such 10-day period pursuant to a Supermajority Vote of the Board in accordance with Article 8, any remaining Offered Securities shall then be offered during the following 10-day period to all other Shareholders in accordance with their Pro Rata Share.


More Definitions of Supermajority Vote of the Board

Supermajority Vote of the Board means the affirmative vote of at least a majority of the Managers, which majority shall include, during the period there is a Senior Notes Manager, at least one (1) Senior Notes Manager, and during the period there is a Senior Secured Notes Manager, at least one (1) Senior Secured Notes Manager.
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Supermajority Vote of the Board means a vote of not less than 80% of the members of the entire Board of Directors of OpCo.
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Supermajority Vote of the Board is defined in Exhibit C. 1. 124 “Supermajority Vote of the Project Entity’s Capital Stock” is defined in Exhibit C.
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Related to Supermajority Vote of the Board

  • Supermajority Vote means the affirmative vote of at least two-thirds of all of the members of the Operating Committee or any Subcommittee, as applicable, authorized to cast a vote with respect to a matter presented for a vote (whether or not such a member is present at any meeting at which a vote is taken) by the Operating Committee or any Subcommittee, as applicable (excluding, for the avoidance of doubt, any member of the Operating Committee or any Subcommittee, as applicable, that is recused or subject to a vote to recuse from such matter pursuant to Section 4.3(d)); provided that if two-thirds of all of such members authorized to cast a vote is not a whole number then that number shall be rounded up to the nearest whole number.

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

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

  • Supermajority means, with respect to any Class of Notes, the holders of at least 66-2/3% of the Aggregate Outstanding Amount of the Notes of such Class.

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

  • Member of the Board means an individual who is a member of the Board or of the board of directors of a Subsidiary or an Affiliate.

  • Chairman of the Board means the Chairman of the Board of the Corporation.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • 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.

  • Simple Majority means a decision made by the Management Committee by more than 50% of the votes represented and entitled to be cast at a meeting thereof.

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

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

  • Whole Board means the total number of authorized directors whether or not there exist any vacancies or unfilled seats in previously authorized directorships.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • vote of a majority of the outstanding voting securities" shall mean the vote of the lesser of (a) 67 per centum or more of the shares of the Fund present or represented by proxy at the meeting if the holders of more than 50 per centum of the outstanding shares of the Fund are present or represented by proxy at the meeting, or (b) more than 50 per centum of the outstanding shares of the Fund.

  • Parent Board means the board of directors of Parent.

  • Independent Board Committee means the independent board committee of the Company

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

  • 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;

  • entire Board of Directors means the total number of directors which the Corporation would have if there were no vacancies.

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

  • the Board means the board of directors of the Company;

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.