Simple Majority Vote Clause Samples

A Simple Majority Vote clause establishes that decisions or actions are approved when more than half of the eligible voting members agree. In practice, this means that if a group or committee has ten members, at least six must vote in favor for a proposal to pass. This clause applies to various organizational or board decisions, streamlining the approval process by setting a clear and easily attainable threshold. Its core function is to facilitate efficient decision-making while ensuring that a significant portion of the group supports any action taken.
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Simple Majority Vote. No action may be taken by the Partnership in connection with any of the matters listed on Schedule 5.1(i) without the prior approval of the Partnership Board, at a duly called meeting, of Representatives with voting power of more than fifty percent (50%) of the Voting Percentage Interests of all Partners whose Representatives are not required by Section 8.6 or any other express provision of this Agreement to abstain from such vote (a "Simple Majority Vote").
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Simple Majority Vote. A “Simple-Majority Vote” of the Governing Board means a majority of the votes of the Members present constituting a quorum and voting.
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Simple Majority Vote. A “Simple Majority Vote” of the Executive Board means at least 51% of the Members present constituting a quorum and voting, with each Member present and voting having one vote. (By way of example, if five Members of the Board are in attendance at a meeting and voting on an issue, a simple majority would be three affirmative votes. If four Members of the Board are in attendance at a meeting and voting on an issue, a simple majority of would be three affirmative votes).
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Simple Majority Vote. 5.1(i) Required Majority Vote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.1(j) Unanimous Vote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.1(k) Unanimous Partner Vote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.1(l) Temporary Investments Guidelines . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.7 -v- 7 EXHIBITS Exhibit Number ------- ------ Form of Amended and Restated Parent Undertaking . . . . . . . . . . . . . . . . . . . . . 1.10(a) Form of Parents Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.10(b) Form of Default Loan Promissory Note . . . . . . . . . . . . . . . . . . . . . . . . . . 2.4(c)(ii) Form of Partner Loan Promissory Note . . . . . . . . . . . . . . . . . . . . . . . . . . 2.7 Form of Amended and Restated Sprint Trademark License Agreement . . . . . . . . . . . . . 8.2 AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF MAJORCO, L.P., A DELAWARE LIMITED PARTNERSHIP This AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP is entered into as of the 31st day of January, 1996, by and among Sprint Spectrum, L.P., a Delaware limited partnership ("Sprint"), TCI Network Services, a Delaware general partnership ("TCI"), Comcast Telephony Services, a Delaware general partnership ("Comcast"), and Cox Telephony Partnership, a Delaware general partnership ("Cox"), each as a General Partner and a Limited Partner, pursuant to the provisions of the Delaware Revised Uniform Limited Partnership Act, on the following terms and conditions:
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Simple Majority Vote. A “Simple Majority Vote” of the Joint Board means a majority of the votes of the Members present constituting a quorum and voting, with each Member present and voting having one vote.
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Simple Majority Vote. 5.1(i) Required Majority Vote........................................ 5.1(j) Unanimous Vote................................................ 5.1(k) Unanimous Partner Vote........................................ 5.1(l) Temporary Investments Guidelines.............................. 5.7
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Simple Majority Vote. Subject to the Corporations Act and clause 5.2, all decisions of the Board or the Shareholders must be made by Simple Majority Vote.
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Related to Simple Majority Vote

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  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • Required Vote The affirmative vote of the holders of shares representing a majority of the voting power of the outstanding shares of the Company Common Stock is the only vote required, if any, of the holders of any class or series of capital stock or other Equity Interests of the Company to approve and adopt this Agreement and the transactions contemplated hereby, including the Merger (the “Company Stockholder Approval”).

  • Parent Vote Immediately following the execution and delivery of this Agreement, Parent, in its capacity as the sole stockholder of Merger Sub, will execute and deliver to Merger Sub and the Company a written consent approving the Merger in accordance with the DGCL.

  • Meeting of the Board of Directors The Board of Directors of the Company may hold meetings, both regular and special, within or outside the State of Delaware. Regular meetings of the Board may be held without notice at such time and at such place as shall from time to time be determined by the Board. Special meetings of the Board may be called by the President on not less than one day’s notice to each Director by telephone, facsimile, mail, telegram or any other means of communication, and special meetings shall be called by the President or Secretary in like manner and with like notice upon the written request of any one or more of the Directors.