Unanimous agreement of the parties definition

Unanimous agreement of the parties means that the measure is approved by a majority vote of council members present at the council meetings of each of the parties. If one or more of the councils does not approve the measure on a majority vote, there is no unanimous agreement.
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Examples of Unanimous agreement of the parties in a sentence

  • The partnership shall be dissolved on the happening of any of the following events: Withdrawal, retirement, or expulsion of any partner; Death, disablility, or bankruptcy, of any partner; Incapacity of any partner to continue in the practice of law in Georgia, whether by physical or mental incapacity, suspension, or disbarment; or Unanimous agreement of the parties.

Related to Unanimous agreement of the parties

  • 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.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Shareholders Agreement shall have the meaning set forth in the Recitals.