Majority Interest. Except as otherwise provided in this Agreement, all decisions and documents relating to the management and operation of the Company shall be made and executed by the majority of the Members.
Majority Interest. Except as expressly provided in this Agreement, any action that may be taken by the Certificateholders under this Agreement shall be taken by Certificateholders by a majority of the holders voting per capita.
Majority Interest. 16 ARTICLE V APPLICATION OF TRUST FUNDS; CERTAIN DUTIES
Majority Interest. A Majority Interest shall be required to approve:
Majority Interest. Except as expressly provided in this Master Trust Agreement or in any Series Trust Supplement, any action that may be taken by the Certificateholders under this Master Trust Agreement shall be taken by Certificateholders unanimously within any Series and when more than one Series is involved then by a majority of the Series voting per capita.
Majority Interest. Except for matters that are covered by Section 6.2(h)(i) or matters that the law otherwise requires approval by a greater percentage, a Majority Interest shall be required to approve any action that requires approval of the Partners or the Representatives, including the following matters:
Majority Interest. The Majority Interest is duly authorized and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in this Agreement.
Majority Interest. 24 ARTICLE 5 APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 25 Section 5.01 Application of Trust Funds.............................................................25 Section 5.02 Method of Payment......................................................................26
Majority Interest. The Stock Certificate shall, as of the ------------------ date of delivery, represent a majority of the Company's outstanding Common Stock.
Majority Interest. 5 Minimum Gain Attributable to Partner Nonrecourse Debt....................................................5
