Unanimous Consensus definition

Unanimous Consensus means affirmative votes on a voting item of all then-current Directors, excluding any Director/Alternate who is required to abstain from voting on such item pursuant to the Conflict of Interest Policy, regardless of any quorum requirement hereunder.

Examples of Unanimous Consensus in a sentence

  • Decision making designations should be determined by the NRIWGC on a case by case basis, but at a minimum: Unanimous Consensus is required for: • Service Agreement • Service Management Plan • Permission Acceptance Agreement (PAA) • Privacy Protocol • the RIW Service Provider’s Privacy Policy • Permissions User Matrix • National Roles Matrix • Business Rules relating to system functionality Majority Decisions are required for: • An individual’s evidence of competency that informs a business rule.

Related to Unanimous Consensus

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

  • Consensus ’ means unanimous concur- rence among the interests represented on a ne- gotiated rulemaking committee established under this subchapter, unless such commit- tee—

  • Major Decision means:

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

  • 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: