Sentences with phrase «simple majority of»

The two basic requirements at common law for a derivative action are: - that the alleged wrong or breach of duty is one that is incapable of being ratified by a simple majority of the members; and - that the alleged wrongdoers are in control of the company, so that the company, which is the «proper claimant» can not claim by itself.

If a simple majority of employees sign cards saying they want to unionize, it happens automatically, says Granatstein.

No distributions shall be made to Partners other than Equity Partners; rather, such other Partners shall be compensated by salary by mutual agreement of each Partner in question and a simple majority of the Management Committee.

Except as may be otherwise determined by unanimous decision of the Management Committee, the remaining [*] % of Bonus Distributions shall be distributed among the Equity Partners (including members of the Management Committee) as determined by a simple majority of the Management Committee in its sole discretion.

Cash distributions in excess of the Draws («Bonus Distributions») shall be paid on a periodic basis as determined by a simple majority of the Management Committee and shall not exceed the amount by which the liquid funds of the Partnership as of the last day of the preceding month exceed the Reserve Amount.

Except as provided in Section 13.2 hereof, within seventy - five (75) days after the end of each Fiscal Year, a simple majority of the Management Committee shall recommend to the Equity Partners for their approval the amount of capital contribution required for the operation of the Partnership (the «Required Capital») for the next Fiscal Year, which shall be $ X each Equity Partner until, acting at the recommendation of a simple majority of the Management Committee, the Equity Partners determine that a different amount is appropriate.

Notwithstanding the foregoing, a simple majority of the Management Committee may, from time to time in its discretion, specify any such other amount as the «Reserve Amount.»

An affirmative vote of a simple majority of the members of the Management Committee and of at least two thirds of the Partners (voting in number and not by Points) is required to admit a new Partner who is not being admitted as an Equity Partner, upon such terms as shall be established by the Management Committee.

Appellate courts often hear cases en banc and decide them by simple majority of the judges on the bench.

The Supreme Court ruled in the Head Money Cases that «treaties» (ratified by 2/3 of the Senate as specified in Article II) have the same legal effect in US law as regular legislation passed by Congress (by a simple majority of both houses), which means that Congress can modify or repeal (insofar as US law is concerned) any «treaty» that is ratified by the Senate, by passing a later law that contradicts it, just like it can with regular legislation.

Though seldom used, the Congressional Review Act (CRA), according to WSJ, «allows Congress to nullify regulations within 60 days of their publication into the Federal Register with a simple majority of members.»

A simple majority of the votes cast shall be necessary to elect.

Currently, a citizen's initiative can be amended by a simple majority of the legislature and the governor's approval.

An affirmative vote shall require a simple majority of those who respond.

The simple majority of respondents, 43.69 percent, incorrectly believed that by increasing their credit utilization they could improve their credit score.

The simple majority of millennials, 29.55 percent, had a FICO credit score within the range of 580 to 669, which is classified as «fair.»

And remember, it requires a simple majority of Independent Shareholders to defeat this Resolution... Andreas & Kyriakos Rialas will NOT be voting their shares.

This is a more onerous requirement than the simple majority of creditors required in a consumer proposal.

The bills are modeled after California's Parent Empowerment Act of 2010, which enables parents to force one of five types of major reforms on a low - performing public school if a simple majority of parents sign a petition seeking the change.

Dear Editor: There is good reason why the parent trigger — a plan to allow a simple majority of parents at a failing public school to trigger reform options — is sweeping the nation.

Outside California, only four laws — in Louisiana, Texas, Michigan and a pilot process in Columbus, Ohio — have met Parent Revolution's minimum standards, which include requiring the petition support of a simple majority of parents, serving the same students once the school gets transformed and offering at least one turnaround option that would bring on entirely new management.

When a simple majority of waivered students is obtained for a given teacher and classroom, the other parents can be told by phone that their child would need to change teachers if they do not sign a waiver.

The other measures were rejected, but each did manage to win a simple majority of votes.

(d) Except as otherwise stipulated in these Bylaws, measures taken up at Division meetings, including the annual business meeting, shall be adopted by a simple majority of those present and voting.

A simple majority of voting members of the Board shall constitute a quorum.

Under the current law, a strike can take place if it is backed by a simple majority of those union members who vote - regardless of the level of turnout.

Leader of the G24, and former Speaker of the House, Kabiru Alhassan Rurum of Rano constituency who announced it noted that the feat was achieved by the simple majority of their number.

In the Lok Sabha, both presiding officers — the Speaker and the Deputy Speaker - are elected from among its members by a simple majority of members present and voting in the House.

If you can't get a simple majority of the voters to increase your budget, you should be using the same one they approved last year.

The changes being proposed would make it easier to override the cap by requiring a simple majority of voters rather than a two - thirds supermajority.

All school district budgets should be decided by a simple majority of local voters; as Assemblyman Kevin Cahill (D - Kingston) was quoted yesterday as saying, the 60 % override vote for tax levies exceeding the cap is «undemocratic».

A simple majority of electoral votes is required.

«We were involved in the elections in New Hampshire, where we helped elect a simple majority of folks committed to protecting marriage,» the NOM president wrote to supporters.

Article 48 of the Lisbon treaty allows for changes to the treaty - The proposal would need to be accepted by a simple majority of the European Council and then needs to be ratified by all member states.

All it actually involves is changing the rules of the Senate so that a nominee like Gorsuch can be confirmed with a simple majority of 51 votes.

If chosen as speaker by a simple majority of his 50 colleagues on Wednesday, he'd be the second - youngest speaker ever.

The panel recommended «a legislative change that provides for decision by a simple majority of the total voting body.»

[1] For all other bills, a simple majority of each house is required.

These recommendations can be voted on in any election, either one specially called or in conjunction with other statewide elections, and need only pass by a simple majority of those casting votes.

A simple majority of the voting membership is required to approve a local law intro.

Currently, the Speaker and the Senate Majority Leader hold enormous power to abuse the system and stop bills from coming to the floor even if they are mathematically sponsored by a simple majority of members from each house of the legislature (76 out of 150 in the Assembly and 32 out of 63 in the Senate).

«My amendment 4 is based on a simple point of principle, namely that a motion can be passed by a simple majority of one, as has been the case from time immemorial — from the very inception of our parliamentary process in what is sometimes described as the «mother of Parliaments».

As long as Cuomo's cap stays in place, it will continue bending the property - tax curve lower — especially in school districts, where the law gives a simple majority of voters the power to absolutely freeze tax levies at prior - year levels.

Among other concepts this enshrines the view that there is no binding method for one sitting Parliament to bind a future Parliament irrevocably to a decision, and these decisions are made by simple majority of those MPs...

Note that when Harry Reid used the nuclear option, the rule change only used a simple majority of votes.

Its simple majority of the fans want Wenger Out now and in a modern world majority carries the Vote....

More than a simple majority of the country identifies with religion.

Not exact matches

The Senate speaker of the house is elected through a voting process that requires a simple majority in a run - off ballot.

Passing that version of the budget kicked off the reconciliation process, allowing the Senate to pass legislation with a simple majority.

It's true that 28 percent of them were using «premium content», but the majority of the content is short and simple, which is something most businesses of any size can do.