Unanimous Board Approval definition

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

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

  • 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.

  • 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.

  • Without limiting the generality of the foregoing, Unanimous Board Approval will be required for those matters set forth in Section 6.12 and such other matters as expressly require Unanimous Board Approval elsewhere in this Agreement.

  • Furthermore, to the extent such Sale of the Company is structured as a sale of securities, such Stockholder shall sell the Company Securities held by it on the terms and conditions approved by Unanimous Board Approval.

  • If a Budget Rejection Notice is not received by January 30th of the calendar year to which the Proposed Budget relates, then the Proposed Budget will be deemed to be approved by the Board acting with Unanimous Board Approval in all respects.

  • Unanimous Board Approval Cost $4,132.80 (In Progress)• Exterior Walkways/Ramps - Board Approved cost of $5,000 Sierra Stone (In Progress - Abbas)• Bike and Storage Locker Renewals - (In progress Magnum York)• Courtyard Membrane Repair - Fire Ant (Completed)• Garage Owner #204 concerns over aesthetic work required in his s, missinginsulation, paint needed (In progress-Abbas)• Entire complex Brickwork Grouting Repair - Unanimous Board Approval$5,400.

  • 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.

  • At such closing, (i) the selling Member shall then deliver a written assignment of its entire Interest to the purchasing Member in a form reasonably acceptable to the purchasing Member, but containing no representations or warranties other than as may be agreed by Unanimous Board Approval, and (iii) the purchasing Member shall tender cash in the amount of the purchase price to the selling Member.


More Definitions of Unanimous Board Approval

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 is defined in Section 8.2(e).
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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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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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Related to Unanimous Board Approval

  • Board Approval means the affirmative vote of a majority of the Disinterested Directors of the Company or a unanimous written consent of the Board of Directors of the Company duly obtained in accordance with the applicable provisions of the Company's certificate of incorporation, bylaws and applicable law.

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

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

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

  • Parent Board means the board of directors of Parent.

  • 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.

  • 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;

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

  • 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 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.

  • Supervisory Board means the Supervisory Board of the Company.

  • Board of Directors or Board means the Board of Directors of Duroply Industries 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 114;

  • 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 committee referred to as such in, and established pursuant to, Article 133;

  • 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.