Majority Consent means the Consent of Beneficiaries representing a Majority in Interest of the Beneficiaries.
Majority Consent means the affirmative vote of Investors holding, in the aggregate, in excess of 50% of the Offering Amount represented by voting Investors. Any Investor that does not respond within 15 days of receipt of a written request for an Investor vote shall be deemed to have forfeited such Investor’s right to vote on such action and the Offering Amount held by such Investor shall be ignored for purposes of determining the existence of a Majority Consent.
Majority Consent means the consent of Consenting Creditors representing more than 66 2/3% of the aggregate outstanding principal amount of the Indebtedness held by all Consenting Creditors and “Majority Consenting Creditors” shall be construed accordingly.
Examples of Majority Consent in a sentence
This Calendar does not preclude the addition of items for action by Majority Consent of the Council.
The Managing Trustee may not make substantial or material modifications in such investment objectives without Majority Consent.
The Managing Trustee may not amend the Advisory Agreement in any manner which would adversely affect the Beneficiaries without Majority Consent.
The Managing Trustee shall be subject to the limitations provided in this Article VII in its administration of the Trust unless Majority Consent is obtained.
These terms of reference may be amended only with [the prior written consent of the Board and] Investor Majority Consent.
More Definitions of Majority Consent
Majority Consent means the affirmative consent of a majority of the members constituting the whole Liquidating Trust Board, given at a meeting called for that purpose, or by a written consent in lieu of a meeting in accordance with this Liquidating Trust Agreement.
Majority Consent means, with respect to any Proposed Amendment submitted to a vote of the Coin Holders pursuant to Section 11(d)(i), the affirmative vote (or deemed affirmative vote pursuant to Section 11(d)(i) below) of the Coin Holders owning at least fifty-one percent (51%) of the then issued and outstanding Coins (if any).
Majority Consent means, with respect to any Major Loan Action submitted to a vote of the Token Holders pursuant to Section 5(a), the affirmative vote (or deemed affirmative vote pursuant to Section 5(b) below) of the Token Holders owning at least fifty-one percent (51%) of the then issued and outstanding Tokens.
Majority Consent or “Majority Vote” means more than fifty percent (50%) of affirmative total number of votes cast, or more than fifty percent (50%) of affirmative approval or consent, of Board members who are entitled to vote on, approve or consent to the matter, decision or action.
Majority Consent means the affirmative vote at any duly called and convened meeting of the Board of more than fifty percent (50%) of all Managers then constituting the entire Board.
Majority Consent of the Board shall mean the approval, authorization or ratification of at least four (4) of the Representatives comprising the Board, which approval, authorization or ratification may be given or withheld for any or no reason in the sole and absolute discretion of each Representative.
Majority Consent means the approval of those Class A Partners holding a majority of all Partner Percentages of the Class A Partners, at a meeting of the Class A Partners or approved without a meeting by written consent signed by those Class A Partners holding a majority of all Partner Percentages of the Class A Partners.