Class Vote definition

Class Vote. As long as Certificates of any Class of Senior Certificates is Outstanding, a determination by the Holders of Outstanding Certificates of such Class representing more than 50% of the aggregate of the Voting Rights of such Class (or such higher percentage for such Classes as shall be specified in the applicable provisions hereunder) with respect to which votes are cast on the issue on or prior to 30 days after receipt of notice given as provided in Section 10.05(b), and after all the Classes of Senior Certificates are no longer Outstanding, by the Holders of Outstanding Class R Certificates representing more than 50% of the Residual Interests of such Class R Certificates; provided, that the Certificate Insurer shall be deemed to have 100% of the Voting Rights so long as no Certificate Insurer Default exists.
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Class Vote. None, except as provided by law, the terms of any preferred stock or the Certificate of Incorporation or at the discretion of the Board of Directors.
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Class Vote. As long as Certificates of any Class of Senior, Mezzanine ---------- or Class B Certificates is Outstanding, a determination by the Holders of Outstanding Certificates of such Class representing more than 50% of the aggregate of the Percentage Interests of such Class (or such higher percentage for such Classes as shall be specified in the applicable provisions hereunder) with respect to which votes are cast on the issue on or prior to 30 days after receipt of notice, and after all such Classes of Certificates are no longer Outstanding, by the Holders of Outstanding Class R Certificates representing more than 50% of the Residual Interests of such Class R Certificates.
Sample 1

Examples of Class Vote in a sentence

  • According to the Class Vote Demand, a class vote was required under Section 242(b)(2) because consideration to the stockholders of Heliogen was to be paid in newly issued common stock, following elimination of the Class B Common Stock.

  • The Class Vote Demand alleged that Athena violated Section 242(b)(2) of the Delaware General Corporation Law (the “DGCL”) by not requiring separate class votes for holders of the Athena Class A and Class B Common Stock in connection with certain aspects of the business combination between Athena and Heliogen.

  • The plaintiffs cannot rely on the Amendment-By-Merger Exception to impose the Two-Thirds Default Vote, the Two- Thirds Class Vote, or the 95% Vote.

  • Magna may satisfy this obligation by exercising voting rights attaching to MEC Class A Shares or MEC Class B Shares held by and registered in the name of Magna, except in the case of a Class Vote in which case Magna shall satisfy this obligation by exercising votes attaching to MEC Class A Shares held by and registered in the name of Magna.

  • On the written request of the Chairman of the Board, or one-third (1/3) of the members of the Board of Directors, the Secretary shall call a special meeting of the Board, Such request shall state the general nature of the business to be transacted at such meeting.

  • In the event that the Voting Power Ratio Change and/or the Class Vote Threshold Change are approved at the Youku AGM and Youku Class Meetings, certain changes in the voting rights of Youku Class A shareholders and Youku Class B shareholders would occur.

  • Class Vote Proportions At run's end, for each case, the proportion of votes for each class is recorded.

  • As a result of the provisions contained in this Section 3.1: (i) any Change of Control Transaction that is approved by the Majority Stockholders, taking into account GEM's Common Vote, will be approved by the Series 1 Class Vote, and (ii) any Change of Control Transaction that is not approved by the Majority Stockholders, taking into account GEM's Common Vote, will not be approved by the Series 1 Class Vote.

  • Unless a Youku Class A shareholder indicates otherwise in his or her proxy card, the manner in which the Youku Class A shareholder votes upon the resolutions at the Youku AGM to authorize and approve the Share Issuance and the Class Vote Threshold Change will be deemed to be the same manner in which such Youku Class A shareholder votes upon the resolutions at the Youku Class A Shareholders Meeting to authorize and approve the Share Issuance and the Class Vote Threshold Change.

  • The Class Vote Threshold Change must be authorized and approved by (1) an affirmative vote of at least two-thirds of such shareholders of Youku as, being entitled to do so, vote in person or by proxy as a single class at the Youku AGM, and by (2) an affirmative vote of at least two-thirds of such Youku Class A shareholders as, being entitled to do so, vote in person or by proxy at the Youku Class A Shareholders Meeting.

Related to Class Vote

  • Required Vote has the meaning ascribed thereto in Section 2.2(b);

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • e-voting means voting using either the internet, telephone or text message; “e-voting information” has the meaning set out in rule 24.2;

  • Special Voting Units means, collectively, special voting units of the REIT, and “Special Voting Unit” means any one of them.

  • Special Voting Unit means a special voting unit of the REIT;

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Vote ’ means one of the main segments into which a budget of a municipality is divided for the appropriation of funds for the different departments or functional areas of the municipality; and which specifies the total amount that is appropriated for the purposes of the department or functional area concerned.

  • Majority Interests Vote means the vote, at a meeting of Holders, of (A) 67% or more of the Interests present or represented at such meeting, if Holders of more than 50% of all Interests are present or represented by proxy, or (B) more than 50% of all Interests, whichever is less.

  • Subordinate Voting Shares means subordinate voting shares in the capital of the Company.

  • Special Voting Share means the one share of Series B special voting preference stock with no par value, issued by US Gold to and deposited with the Trustee, which entitles the holder of record to a number of votes at meetings of holders of shares of US Gold Common Stock equal to the number of Exchangeable Shares outstanding from time to time that are held by Beneficiaries.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

  • Class LB Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Supermajority Vote means the affirmative vote of at least two-thirds of all of the members of the Operating Committee or any Subcommittee, as applicable, authorized to cast a vote with respect to a matter presented for a vote (whether or not such a member is present at any meeting at which a vote is taken) by the Operating Committee or any Subcommittee, as applicable (excluding, for the avoidance of doubt, any member of the Operating Committee or any Subcommittee, as applicable, that is recused or subject to a vote to recuse from such matter pursuant to Section 4.3(d)); provided that if two-thirds of all of such members authorized to cast a vote is not a whole number then that number shall be rounded up to the nearest whole number.

  • Class C Shares means shares of the Class C Common Stock.

  • vote of a majority of the outstanding voting securities" shall mean the vote of the lesser of (a) 67 per centum or more of the shares of the Fund present or represented by proxy at the meeting if the holders of more than 50 per centum of the outstanding shares of the Fund are present or represented by proxy at the meeting, or (b) more than 50 per centum of the outstanding shares of the Fund.

  • Class LE Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Class LD Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Outstanding Voting Securities means the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors.

  • Scratch vote means to mark or punch the straight party ticket and then mark or

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • transferred vote means a vote derived from a ballot document on which a second or subsequent preference is recorded for the candidate to whom that ballot document has been transferred, and

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class LC Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.