Unanimous Action definition

Unanimous Action has the meaning given in Section 4.2(a).
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Unanimous Action shall have the meaning set forth in Section 10(c).
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Unanimous Action means (i) any Unanimous Modification, (ii) any determination with respect to the disposition of Hazardous Substances at any of the Properties, (iii) any instruction to the Cash Management Bank or a bank at which a Blocked Account or Pledged Operating Account is held to release amounts to any Borrower, except in accordance with the terms of this Agreement or any other Loan Document, (iv) the subordination of any lien created pursuant to the terms of this Agreement or any of the other Loan Documents, (v) any amendment to any single purpose entity provisions contained in this Agreement or any of the other Loan Documents (including, without limitation, any modification of the definition of “Single-Purpose Entity” and/or “Independent Director”), or the approval of any amendment of the operating agreement of any Borrower relating to the single-purpose entity provisions or Independent Director provisions contained therein, (vi) any Assumption and (vii) any disbursement to Borrower pursuant to Section 3.5(c).
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Examples of Unanimous Action in a sentence

  • Pursuant to the Unanimous Action Letter, Wuxi KJF and the other 11 partners agreed that they would vote in concert on corporate matters with respect to Wuxi Club.

  • The Board of Directors shall, at its organizational meeting or Unanimous Action in Lieu Thereof, and from time to time thereafter as it deems appropriate, choose a President, a Secretary, and a Treasurer.

  • Moved by: Wolff Second by: Kelly Vote: Unanimous Action 2: Motion to approve Village Gate Detailed Master Plan with the conditions as stated in the agenda packet.

  • Renner/Adamkiewicz Vote: Unanimous Action: To notify the family that their garden is encroaching on the conservation area which could result in significant fines from MNCPPC.

  • Start Time: 6:12 p.m.Handout: Staff HandoutDiscussion: None Action: First Reading of Ordinance No. 1, Series 2020 Vote: Unanimous Action: Second Reading of Ordinance No. 1, Series 2020 Motion: Mayor HenrySecond: Councilor LucioRoll Call Vote: Councilor Lucio, ‘Aye’Councilor Preisler, ‘Aye’ Councilor Woodbury, ‘Aye’ Councilor Greene, ‘Aye’ Mayor Henry, ‘Aye’Motion passes unanimously.

  • Moved by: Wolff Second by: Villadsen Vote: Unanimous Action 2: Motion to approve Developer Agreement.Moved by: Villadsen Second by: Wolff Vote: Unanimous Randy Harrington, Town Manager, said there had been some feedback, and people online are having a hard time hearing, so he asked that people speak directly into their microphones.

  • Action: Authorize the City Manager to proceed with the purchase of Audio Upgrade equipment as proposed from TRS Tim Richey Audio Engineering for a total of $36,961.30.Motion: Councilor PreislerSecond: Councilor LyddonVote: Unanimous Action: Authorize the City Manager to proceed with the purchase of Lighting upgrades as proposed from Anderson Group Inc.

  • A proposed amendment shall be adopted and be effective as an amendment hereto if it receives the approval of the Board acting by Unanimous Action, except that notwithstanding Section 4.1(g), no proposed amendment to the Certificate or this Agreement shall be effective without the prior approval of each Member that such amendment materially and adversely affects.

  • Unanimous Action taken: Approved transferring to Kitsap County Dept.

  • Further, no Foreign Portfolio Investor shall have any representation in the governing board of a recognised stock exchange or a recognised clearing corporation.


More Definitions of Unanimous Action

Unanimous Action has the meaning given in Section 4.2(a). “Unfunded Amount” has the meaning given in Section 5.2(e). “Withheld Member” has the meaning given in Section 6.7.
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Related to Unanimous Action

  • Unanimous Consent means the consent of Lenders (other than Delinquent Lenders) holding 100% of the Commitments (other than Commitments held by a Delinquent Lender).

  • unanimous resolution means, subject to subsection (3), a resolution-

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Disinterested Quorum means a quorum of the Board who are not Parties to the subject Proceeding or any related Proceeding.

  • 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;

  • Action shall have the meaning ascribed to such term in Section 3.1(j).

  • Major Decision means:

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Joint Remediation Committee has the meaning set forth in Section II.A.2.

  • 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.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Class Action means a legal action:

  • Disinterested Person means a director who has not, during the period that person is a member of the Committee and for one year prior to commencing service as a member of the Committee, been granted or awarded equity securities pursuant to this Plan or any other plan of the Company or any Parent, Subsidiary or Affiliate of the Company, except in accordance with the requirements set forth in Rule 16b-3(c)(2)(i) (and any successor regulation thereto) as promulgated by the SEC under Section 16(b) of the Exchange Act, as such rule is amended from time to time and as interpreted by the SEC.

  • Class Action Waiver BY ENTERING INTO THIS CONTRACT, YOU ARE GIVING UP YOUR RIGHT TO ARBITRATE OR LITIGATE IN COURT ANY DISPUTE OR CLAIM AS A CLASS ACTION OR COLLECTIVE ACTION, EITHER AS A CLASS REPRESENTATIVE OR MEMBER OR COLLECTIVE ACTION PARTICIPANT. YOU FURTHER AGREE THAT YOUR RIGHTS AS A CONSUMER UNDER THE CCPA ARE NEITHER WAIVED NOR IMPAIRED BY VIRTUE OF PROCEEDING IN A NON-CLASS, NON-CONSOLIDATED AND NON-JOINT ARBITRATION AUTHORIZED UNDER THIS AGREEMENT, NOR SHALL PROCEEDING IN A NON-CLASS, NON-COLLECTIVE OR NON-CONSOLIDATED AND NON-JOINT ARBITRATION BE DEEMED OR DETERMINED TO CONSTITUTE A WAIVER OR IMPAIRMENT OF YOUR RIGHTS. IN THE EVENT AN ARBITRATOR DEEMS THIS CLASS ACTION WAIVER INVALID, THEN THE ARBITRATION PROVISION ABOVE SHALL BE NULL AND VOID. Waiver of Right to Trial by Jury: IN ARBITRATION, EACH PARTY EXPRESSLY AND IRREVOCABLY WAIVES THEIR RIGHT TO A TRIAL BY JURY OF ANY DISPUTE OR CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT, INCLUDING CLAIMS ARISING UNDER THE CALIFORNIA CONSUMER PRIVACY ACT OR ANY OTHER FEDERAL OR STATE LAWS.

  • Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and they are not an Associate of any Insider.

  • Disinterested Trustee means a Trustee of a Fund who is not an “interested person” of the Fund within the meaning of Section 2(a)(19) of the 1940 Act.

  • 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.

  • Major Decisions shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement; provided that at any time that Note A-1 is not included in the Lead Securitization, “Major Decision” shall mean:

  • 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.

  • Age of majority means the age when the procedural safeguards and other rights afforded to the parent or parents of a student with a disability transfer to the student. In Virginia, the age of majority is 18.

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

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

  • Disinterested Board Members means those members of the Board of a Fund that are not deemed to be "interested persons" of the Fund, as defined by the Act.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.