Common use of Majority in Interest Clause in Contracts

Majority in Interest. In the event that any selection or determination is to be made by Grantee or the Owner hereunder and at the time of such selection or determination there is more than one Grantee or Owner, such selection shall be made by a majority in interest of such Grantees or Owners.

Appears in 13 contracts

Samples: Stock Option Agreement (Summit Bancorp/Nj/), Merger Agreement (Citizens Banking Corp), Stock Option Agreement (Citizens Banking Corp)

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Majority in Interest. In the event that any selection or determination is to be made by Grantee or the Owner hereunder and at the time of such selection or determination there is more than one Grantee or Owner, such selection shall be made by a majority in interest of such Grantees or Owners.there

Appears in 2 contracts

Samples: Stock Option Agreement (Citizens Banking Corp), Stock Option Agreement (Citizens Banking Corp)

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