Examples of Eligible Votes in a sentence
Such a meeting may be convened by the Issuer and shall be convened by it upon the request in writing of the Noteholders (or of the holders of Notes of the relevant Series, Class or Tier of a Class) entitled to cast not less than 20% of the Eligible Votes.
Any damage or destruction to the Common Area shall be repaired or reconstructed unless the Class B Member and at least seventy-five percent (75%) of the Eligible Votes shall decide within sixty (60) days after the casualty not to repair or reconstruct.
In these Conditions, "Eligible Votes", in respect of a meeting or resolution of the Noteholders (or of the holders of Notes of a particular Series, Class or Tier of a Class, as the case may be), means the aggregate number of votes allocated pursuant to paragraph (b) below to the Notes entitled to vote at such meeting or in respect of such resolution.
In addition to the above, this Declaration may be amended upon the affirmative vote or written consent, or any combination thereof, of at least two-thirds (2/3) of the Eligible Votes and the consent of the Declarant, so long as Declarant has an unexpired option to subject property to this Declaration.
No such dedication or transfer shall be effective unless an instrument agreeing to such dedication or transfer has been approved by the Declarant during any time that the Declarant controls the Association or the Community Association and otherwise by at least two thirds (2/3) of all Eligible Votes.
The quorum at any meeting convened to vote on an Extraordinary Resolution of the Noteholders (other than in respect of a Reserved Matter) will be two or more persons entitled to cast more than 75% of the Eligible Votes.
A resolution in writing signed by or on behalf of Noteholders who for the time being are entitled to cast Eligible Votes will take effect as if it were an Extraordinary Resolution; such a resolution in writing may be contained in one document or several documents in the same form, each signed by or on behalf of one or more Noteholders.
The method of computing each Owner's Allocated Share that is used by the Declarant on the Control Transfer Date shall be the method used by the Board subsequent to the Control transfer Date unless a change in method is approved by two-thirds (2/3) of all Eligible Votes.
Majority means more than fifty percent (50%) of the total number of eligible groups, Eligible Votes, eligible Owners, or other, as the context may indicate.
In the event of a tie (Nominated Songs that receive the same number of Eligible Votes in a given Category), the applicable Panel will vote to determine the Winning Song for that Category from among all such Nominated Songs that were tied.