Unanimous Board Approval definition

Unanimous Board Approval is defined in Section 10.6.
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Unanimous Board Approval has the meaning set forth in Section 5.08.
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Unanimous Board Approval means the vote or written consent of all three members of the Board.
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Examples of Unanimous Board Approval in a sentence

  • The Members acknowledge, however, that such development principles are intended only as a non-binding guide and, with Unanimous Board Approval, any Development Project may be developed, constructed or operated in a manner that is inconsistent with such development principles.

  • Any repeal of, material amendment or modification to or deviation from the Initial Business Plan or Annual Business Plan then in effect shall require both Unanimous Member Approval and Unanimous Board Approval.

  • This Agreement may not be amended, restated, supplemented or otherwise modified, and no provision of this Agreement may be waived, other than in a writing duly executed by the parties hereto, subject to Unanimous Board Approval if required pursuant to Section 2.3(c)(iii) of the Stockholders Agreement or, if not required thereunder, Disinterested Approval.

  • The Members encourage the prompt and equitable settlement of all controversies, claims and failures to reach Unanimous Board Approval (a “Dispute”) relating to or arising out of this Agreement or courses of dealing related hereto, including any claim based on or arising from an alleged tort.

  • At the Second Board Meeting, the Directors shall meet and attempt to reach Unanimous Board Approval on the matter at issue.

  • No Annual Plan shall become effective unless and until it receives Unanimous Board Approval.

  • At such closing, the Company shall deliver written assignments of all of its right, title and interest in the applicable Project Sub (or assets, interests and property, as applicable) in a form reasonably acceptable to the purchaser(s), but containing no representations or warranties other than as may be agreed by Unanimous Board Approval, and the purchaser shall tender the purchase price in cash.

  • This Agreement may not be amended, restated, supplemented or otherwise modified, and no provision of this Agreement may be waived, other than in a writing duly executed by the parties hereto, subject to Unanimous Board Approval (as defined in the Stockholders Agreement) if required pursuant to Section 2.3(c)(iii) of the Stockholders Agreement or, if not required thereunder, Disinterested Approval.

  • The Company, on behalf of the members of the Company Group, may agree to pay a Transaction Fee in excess of 1.0% of the Transaction Value of a Transaction, subject to Unanimous Board Approval if required pursuant to Section 2.3(c)(iii) of the Stockholders Agreement or, if not required thereunder, Disinterested Approval.

  • The Company shall not, nor shall the Company permit any of its Subsidiaries to, amend the Certificate of Incorporation or the by-laws of the Company so as to reduce the protections of Board members contained in the exculpation and indemnification provisions thereof, or reduce the scope or degree of such exculpation or indemnification, without Unanimous Board Approval.


More Definitions of Unanimous Board Approval

Unanimous Board Approval means, subject to Section 2.6, the prior approval of all Sponsor Designees then serving on the Board, or if under consideration at a duly called meeting of the Board, all Sponsor Designees present at such meeting; provided that includes at least one CD&R Designee and any StepStone Designee.
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Unanimous Board Approval in the last line of Section 5(a) shall be replaced with the term “AFSI Approval.”
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Unanimous Board Approval set forth in Section 10 is hereby deleted in its entirety and replaced with the following:
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Unanimous Board Approval means the unanimous approval of the Board.
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Related to Unanimous Board Approval

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

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

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

  • Parent Board means the board of directors of Parent.

  • 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;

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

  • R.S. Board means the Board of Governors of the Federal Reserve System or any successor thereto.

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

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.

  • Supervisory Board means the individual or group of individuals that

  • Board of Directors or Board means the Board of Directors of Pitti Laminations Limited, as constituted from time to time.

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

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Compensation Committee means the Compensation Committee of the Board.

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

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • Required Shareholder Approval has the meaning in Section 2.20.

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

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

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • 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.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.