Passing of resolutions Clause Samples

The 'Passing of resolutions' clause defines the process by which decisions are formally approved by a company's board of directors or shareholders. It typically outlines the required majority for a resolution to pass, the procedures for calling meetings, and the methods by which votes are cast—such as by show of hands, poll, or written consent. This clause ensures that important company decisions are made transparently and in accordance with agreed-upon rules, thereby providing a clear and orderly framework for corporate governance.
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Passing of resolutions. A proposed resolution before the Members shall be passed if it is voted in favour of by a majority of Members present at the opening a general meeting of Members who are "electors" under the Indian Act. PEGUIS FIRST NATION SURRENDER CLAIM TRUSTWE HEREBY CONFIRM, for the purposes of Section 8.4 of the Peguis First Nation Surrender Claim Trust, that as of the Date of Certification, being the day of , 2009, a reasonable estimate of: 1) the number of Qualified Members who will have reached the age of fifty-five (55) years of age in the calendar year of the Date of Certificate, is 2) the number of Qualified Members who will not have reached the age of fifty-five (55) years of age in the calendar year of the Date of Certificate, is individuals.
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Passing of resolutions. 6.1 A resolution put to the vote of a meeting shall be decided by a show of hands and in case of an equality of votes, the chairman shall, if he is a Noteholder, both on a show of hands and on a poll, have a casting vote in addition to the votes to which he may be entitled as a Noteholder. 6.2 At any meeting of Noteholders (unless a poll is demanded) a declaration by the chairman that a resolution has been passed, whether or not passed unanimously or by a particular majority, and an entry to that effect in the minutes of the meeting shall be conclusive evidence of the fact.
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Passing of resolutions. The Bondholders can pass resolutions in a meeting (Gläubigerversammlung) in accordance with § 5 et seqq. SchVG or by means of a vote without a meeting (Abstimmung ohne Versammlung) in accordance with § 18 and § 5 et seqq. SchVG. (i) Attendance at the meeting and exercise of voting rights is subject to the Bondholders' registration. The registration must be received at the address stated in the convening notice no later than the third day preceding the meeting. As part of the registration, Bondholders must provide evidence of their eligibility to participate in the vote by means of a special confirmation of the Custodian in accordance with § 18(d)(i)(A) and (B) hereof in text form and by submission of a blocking instruction by the Custodian stating that the relevant Bonds are not transferable from and including the day such registration has been sent until and including the stated end of the meeting. (ii) Together with casting their vote, Bondholders must provide evidence of their eligibility to participate in the vote without a meeting by means of a special confirmation of the Custodian in accordance with § 18(d)(i)(A) and (B) hereof in text form and by submission of a blocking instruction by the Custodian stating that the relevant Bonds are not transferable from and including the day such vote has been cast until and including the day the voting period ends.
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Passing of resolutions. 6.1 A resolution put to the vote of a meeting shall be decided by a show of hands and in case of an equality of votes, the chairman (if he or she is a Noteholder or is a proxy or representative of a Noteholder) shall, both on a show of hands and on a poll, have a casting vote in addition to the votes (if any) to which he or she may be entitled as a Noteholder or as a proxy or as a representative. If the Chairman is not a Noteholder or a proxy or representative of a Noteholder, he or she shall not have a casting vote. 6.2 At any meeting of Noteholders (unless a poll is demanded by the chairman or by one or more Noteholders present in person or by proxy, entitled to vote and holding or representing in aggregate not less than one tenth in principal amount of the Loan Notes then outstanding) a declaration by the chairman that a resolution has been carried, whether or not carried unanimously or by a particular majority, or lost or not carried by a particular majority and an entry to that effect in the minutes of the meeting shall be conclusive evidence of the fact.
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Passing of resolutions the passing of the Resolutions (without amendment) at the EGC on the EGC Date (and not, except with the prior written agreement of the Joint Bookrunners, at any adjournment of such meeting unless such adjourned meeting is held on the EGC Date);
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Passing of resolutions. 6.1 Save as otherwise specified in this Schedule 4, a resolution put to the vote of a meeting shall be decided with reference to prescribed percentages, as specified, under this Deed or the Trust Indenture, of the aggregate principal amount of Stock then outstanding. 6.2 In the event that any resolution is required to be put to the vote of a meeting, and no percentage is prescribed under this Deed or the Trust Indenture in relation to the aggregate principal amount of Stock then outstanding which is required to vote in favour of a resolution, in order for that resolution to be passed then any such resolution shall be passed by Stockholders who hold, in aggregate, a majority of principal amount of Stock then outstanding. 6.3 Subject to the provisions of paragraph 6.4, any resolution put to the vote of a meeting shall be taken by a poll either immediately or after such adjournment as the chairman may direct (not being more than thirty days after the date on which the resolution is put to a meeting) and the result of such poll shall be deemed to be a resolution of the meeting at which the resolution was proposed. 6.4 Any poll taken at any meeting on the election of a chairman or on any question of adjournment shall be taken at the meeting without adjournment. 6.5 In the case of any poll not taken immediately, at least seven days’ notice shall be given specifying the time, date and place at which the poll is to be taken. 6.6 A poll shall be taken as the chairman may direct and he may appoint scrutineers (who need not be Stockholders) and fix a time, date and place for declaring the result of the poll. The result of the poll shall be deemed to be the relevant resolution of the meeting at which the poll was demanded.
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Passing of resolutions. 7.1 A resolution put to the vote of a meeting will be decided by a show of hands (unless a poll is demanded) and in case of an equality of votes, the chairman will, in respect of both a show of hands and on a poll, not have a casting vote. 7.2 At any meeting of CVR Holders (unless a poll is demanded) a declaration by the chairman that a resolution has been passed, that such resolution has been passed unanimously or by a particular majority, and an entry to that effect in the minutes of the meeting will be conclusive evidence of those facts.
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Passing of resolutions. 7.1 A resolution put to the vote of a meeting will be decided by a show of hands (unless a poll is demanded) and in case of an equality of votes, the chairman will, in respect of both a show of hands and on a poll, not have a casting vote.
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Related to Passing of resolutions

  • Copies of Resolutions Copies of all proposed or adopted motions, briefs, resolutions, by- laws or rules and regulations by the Municipal, Regional, Provincial or Federal Government or their respective advisory committees which affect the members of this Union and/or the general provision of day care, received by either party shall be maintained in an open file to which the Employees have access.

  • Problem Resolution The parties shall meet and attempt to resolve all disputes and differences that may arise between the parties hereto concerning construction, interpretation, performance, operations, or breach of the matters referred to in this Agreement prior to seeking any legal remedy.

  • Error Resolution If you believe that you did not authorize an electronic fund transaction, if you need a copy of a transaction receipt from a Merchant, if you think your statement or receipt is wrong, or if you need more information about a transaction listed on the statement or receipt, you should call or write us at the phone number or address shown at the end of these Regulatory Disclosures under “UMB Contact Information” You should report errors no later than sixty (60) days after information is available to you on your periodic statement or in your electronic statement information concerning the transaction that you believe to be in error or which you believe is a problem. Include the following information: (a) your name and your HSA Deposit Account number; (b) describe the error or the transaction you are unsure about and explain as clearly as you can why you believe it is an error or why you need more information; and (c) the dollar amount of the suspected error. If you tell us orally, we may require that you send us your complaint or questions in writing within ten (10) business days. We will determine whether an error occurred within ten (10) business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will credit your account within ten (10) business days for the amount you think is in error so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within ten (10) business days, we may not credit your account. For errors involving new accounts, point-of-sale, or foreign-initiated transactions, we may take up to 90 days to investigate your complaint or question. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error. We will tell you the results within three (3) business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.

  • Disputes Resolution It is the intent of the parties to communicate on a regular basis in a positive and effective manner. The parties agree to communicate areas of concern as they arise and to address those concerns in a professional manner. Any disputes between the Commission and the School which arise under, or are by virtue of, this Contract and which are not resolved by mutual agreement, shall be decided by the full Commission in writing, within 90 calendar days after a written request by the School for a final decision concerning the dispute; provided that where a disputes resolution process is defined for a particular program area (e.g., IDEA, Section 504, etc.), the Parties shall comply with the process for that particular program area; and further provided that the parties may mutually agree to utilize the services of a third-party facilitator to reach a mutual agreement prior to decision by the full Commission. Subject to the availability of an appeal under Ch. 302D, HRS, or BOE administrative rules or procedures, any such decision by the full Commission shall be final and conclusive.

  • Informal Resolution To expedite resolution and control the cost of any dispute, controversy or claim related to this Agreement ("Dispute"), you and Company agree to first attempt to negotiate any Dispute (except those Disputes expressly provided below) informally for at least thirty (30) days before initiating any arbitration or court proceeding. Such informal negotiations commence upon written notice from one person to the other.