We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Majority Decision definition

Majority Decision means each Major Decision that does not also constitute an Extraordinary Major Decision.
Majority Decision. A decision where the majority of judges declare the same fighter as the winner while the minority of the judges declare the fight as a draw;
Majority Decision means a combative sports contest ending with a majority of the judges scoring the contest in favor of one contestant with the remaining judge scoring the Contestants with the same score. A Majority Decision may be officially reported using the abbreviation “MDec.”

Examples of Majority Decision in a sentence

  • Each Decision-Eligible Note A Holder who delivers to the Lead Special Servicer an affirmative approval of or objection to a Majority Decision shall use commercially reasonable efforts to notify the other Decision-Eligible Note A Holders of such approval or objection but a failure to provide such notice shall not limit the effectiveness of the approval (or deemed approval) or objection delivered by such Decision-Eligible Note A Holder to the Lead Special Servicer.

  • No Person who constitutes a Decision-Eligible Note A Holder with respect to an Extraordinary Major Decision under subsection (d) or a Majority Decision under subsection (e) shall also be entitled to non-binding consultation with the Lead Special Servicer with respect to such Extraordinary Major Decision or such Majority Decision, as the case may be, notwithstanding that such Person may otherwise then constitute a Consulting Party.

  • In connection with any such Majority Decision, the Decision-Eligible Note A Holders may but need not consult with each other to consider whether the Extraordinary Major Decision should be approved or disapproved.

  • In the event that the requisite percentage of Holders have not approved (or been deemed approved) any Majority Decision, Super-Majority Decision or a Unanimous Decision, the Servicer shall not take such action.

  • In the case of clause (i) above, each Holder other than a Borrower Affiliate Holder shall have their aggregate Percentage Interest in the Mezzanine Loan “grossed up” on account of the Borrower Affiliate Holder’s Percentage Interest in the Mezzanine Loan for the purposes of calculating a Majority Decision, a Super-Majority Decision, or a Unanimous Decision and for all other related purposes hereunder.


More Definitions of Majority Decision

Majority Decision shall have the meaning set forth in Section 3.3.
Majority Decision means a combative sports contest ending with a majority of the
Majority Decision means the written agreement of at least two of the three Members of the Group of 3 to vote in a certain manner in respect of any particular matter, question, proposal or proposition whatsoever that may properly come before the Shareholders of the Corporation at any Shareholders’ Meeting;
Majority Decision means a decision taken in accordance with article 7;
Majority Decision means approval by Stockholders holding a majority of the Shares then held by all Stockholders (assuming the exercise of all convertible and exchangeable securities); provided, that if a dissenting Stockholder reasonably determines that the decision will materially adversely affect its ownership of the Shares or rights or obligations under this Agreement, then the decision must also be approved by such Stockholder.
Majority Decision means the decision of a majority of employees required to exercise discretion pursuant to this Agreement. Where a tied vote occurs, the designated Customer Service Manager, or where no Customer Service Manager is affected the most senior employee in the highest category shall exercise a casting vote.
Majority Decision. For the majority decision approach, the priority level that got selected the most in the survey is retained. In case of a tie for top position the priority with higher level is selected so as to add more bias towards retaining the requirement. For example, if MUST have and SHOULD have tied at top score, then the requirement is considered MUST have.  Weighted average: In the weighted average approach, the four priority levels are assigned following weights (as in the FP7 inCASA project): MUST have = 5, SHOULD have = 3, COULD have = 1, WON’T have = 0. The assigned weights are biased towards prioritising the requirements. The weighted average is then evaluated for survey responses of each user requirement. The rounding of the weighted average is done rounding to the nearest weight as shown below: o MUST have = [5  X  4] o SHOULD have = [4  X  2] o COULD have = [2  X  0.5] o WON’T have = [0.5  X  0] The MoSCoW survey results and subsequent priority level assignment using the two aforementioned approaches are shown in Table 6.