Majority Consent definition

Majority Consent means the Consent of Beneficiaries representing a Majority in Interest of the Beneficiaries.

Majority Consent means the affirmative vote of Tokens Holders holding more than 50% of outstanding Tokens in circulation, with abstentions counted in neither the numerator nor denominator in calculating such percentage.

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.

Examples of Majority Consent in a sentence

• Notwithstanding the foregoing, the Company (by action of Majority Consent of the Managers) shall be entitled to waive the Standstill Period in respect of any Put Right or Call Right at its sole discretion.

• If the Company (acting by Majority Consent of the Managers) and the Class B Unitholder Representative resolve and come to an agreement regarding any adjustments to the Adjusted EBITDA Reference Amount covered in such Company Statement, the Company and the Class B Unitholder Representative shall prepare, execute and deliver a written memorandum setting forth such resolution (a “Settlement Memorandum”).

• HIYA HEALTH PRODUCTS, LLC3 Name: Title: Date: 3 To be approved by the Managers acting by Majority Consent, which will be obtained separately.

• Any action which may be taken by the Managers at a special or regularly scheduled meeting may be taken without a meeting and without prior notice if the Managers consent to the action in writing or by electronic transmission by Majority Consent of the Managers.

• All actions, appointments or elections which the Class B Members are collectively permitted to take or make or requiring the consent of the Class B Members pursuant to this Agreement may be taken only with Majority Consent of the Class B Members.

More Definitions of 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.

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 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 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 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.

Majority Consent means the affirmative vote or written consent of Members owning more than 50% of the Percentages owned by the Members.