Majority Consent. Except where a different percentage or amount is specified herein, any action which requires the consent of, or permits the direction by, the Owners under this Agreement, must be approved or directed by a majority of the ownership percentage of the Owners.
Appears in 3 contracts
Samples: Trust Agreement (Medallion Financial Corp), Trust Agreement (Medallion Financial Corp), Trust Agreement (Medallion Financial Corp)
Majority Consent. Except where a different percentage or amount is specified herein, any action which requires the consent of, or permits the direction by, the Owners under this Agreement, must be approved or directed by a majority of the ownership percentage of the Owners.
Appears in 1 contract
