Majority LP Vote definition

Majority LP Vote. As defined in Section 11.6(g).
Majority LP Vote means the affirmative vote or consent of Limited Partners holding Voting Interests representing more than fifty percent (50%) of the Percentage Interests attributable to Voting Interests held by the Limited Partners on the record date set for an LP Vote. A “Super Majority LP Vote” means the affirmative vote or consent of Limited Partners holding Voting Interests representing sixty-six and two-thirds percent (662/3%) or more of the Percentage Interests attributable to Voting Interests held by the Limited Partners on the record date set for an LP Vote. A “75% Majority LP Vote” means the affirmative vote or consent of Limited Partners holding Voting Interests representing seventy-five percent (75%) or more of the Percentage Interests attributable to Voting Interests held by the Limited Partners on the record date set for an LP Vote. A “Majority Partner Vote” means the affirmative vote or consent of Partners holding Voting Interests representing more than fifty percent (50%) of the Percentage Interests attributable to Voting Interests held by the Partners on the record date set for a Partner Vote. A “Super Majority Partner Vote” means the affirmative vote or consent of Partners holding Voting Interests representing sixty-six and two-thirds percent (662/3%) or more of the Percentage Interests attributable to Voting Interests held by the Partners on the record date set for a Partner Vote. A “75% Majority Partner Vote” means the affirmative vote or consent of Partners holding Voting Interests representing seventy-five percent (75%) or more of the Percentage Interests attributable to Voting Interests held by the Partners on the record date set for a Partner Vote.
Majority LP Vote means the affirmative vote or consent of Limited Partners owning Partnership Interests having an aggregate Percentage Interest of more than fifty percent (50%) on the record date set for a vote of the Limited Partners. A “Super Majority LP Vote” means the affirmative vote or consent of Limited Partners owning Partnership Interests having an aggregate Percentage Interest of sixty-six and two-thirds percent (66 2/3%) or more on the record date set for a vote of the Limited Partners. A “75% Majority LP Vote” means the affirmative vote or consent of Limited Partners owning Partnership Interests having an aggregate Percentage Interest of seventy-five percent (75%) or more on the record date set for a vote of the Limited Partners. Where any vote of Limited Partners is required under this Agreement but the Percentage Interest required to act is not specifically stated, such action shall be approved by Majority LP Vote.

Examples of Majority LP Vote in a sentence

  • If this Agreement requires any action be taken by or with the consent of Fund Investors by a Fund Vote, such action may be taken only at a meeting of Fund Investors pursuant to a written notice authorized by a Majority LP Vote to all Fund Investors, which notice shall specify the time and place of such meeting (which shall be not less than 30 Business Days after the date of such notice) and the purpose for which such meeting is called.

  • The Partnership will not make any distribution in kind without the approval of the Limited Partners by a Majority LP Vote, except for distributions of publicly-traded securities made with the Advisory Committee’s approval pursuant to Section 5.4 hereof.

  • The Managing General Partner, or if there is no Managing General Partner, a liquidator appointed by a Majority LP Vote, shall be the liquidator to wind up the affairs of the Partnership and to manage the Partnership’s assets during the winding up.

  • The Partnership will not make any distribution in kind without the approval of the Limited Partners by a Majority LP Vote, except for distributions of publicly-traded securities made with the Advisory Committee's approval pursuant to Section 5.4 hereof.

  • The General Partner, or if there is no general partner, a liquidator appointed by a Majority LP Vote, shall be the liquidator to wind up the affairs of the Partnership and to manage the Partnership's assets during the winding up.

  • A "75% Majority LP Vote" means the affirmative vote of Limited Partners holding Partnership Interests representing seventy-five percent (75%) or more of the Percentage Interests in the Partnership on the record date set for an LP Vote.

  • The Partnership will not make any distribution to Limited Partners in kind without the approval of the Limited Partners by a Majority LP Vote, except for distributions of publicly-traded securities made with the Advisory Committee’s approval.

  • Where any vote of Limited Partners is required under this Agreement but the Percentage Interest required to act is not specifically stated, such action shall be approved by Majority LP Vote.

  • Except as otherwise required by the Act, the Limited Partners may not require the Partnership to take any action, and the consent of the Limited Partners shall not be required for the Partnership to take any action, except to the extent this Agreement requires the taking of an action approved by, or prohibits the taking of any action unless approved by, a specified vote or consent of Limited Partners, which may be a Majority LP Vote, a Super Majority LP Vote or a 75% Majority LP Vote.

  • A "Majority LP Vote" means the affirmative vote of Limited Partners holding Partnership Interests representing more than fifty percent (50%) of the Percentage Interests in the Partnership on the record date set for an LP Vote.


More Definitions of Majority LP Vote

Majority LP Vote. As defined in Section 11.6(g). “Majority Partner Vote”: As defined in Section 11.6(g). “Management Board”: As defined in Section 5.3(a). “Management Team”: As defined in Section 5.5. “Managing General Partner”: Hines US Core Office Capital LLC, a Delaware limited liability company, and its successors, and any Person hereafter admitted as a general partner designated the Managing General Partner of the Partnership in accordance with the terms of this Agreement. “Managing General Partner Expenses”: As defined in Section 7.1. “Moody’s”: Moody’s Investor Services, Inc. “Non-Managing General Partner”: As defined in Section 5.11(a). “NOP”: National Office Partners Limited Partnership, a limited partnership formed by the State of California Public EmployeesRetirement System and an Affiliate of Hines. “Notice of Redemption”: As defined in Section 3.8 and, as the context requires, as defined in the corresponding provisions of the Constituent Documents of US Core Trust and US Core Properties. “NY Trust”: Hines-Sumisei NY Core Office Trust, a Maryland real estate investment trust, and its successors. “Operating Company”: NY Trust, US Core Trust, US Core Properties, any successor to any of the foregoing, and any Entity hereafter designated an “Operating Company” by the Managing General Partner, subject to the provisions of Section 5.1. “Operating Company Expenses”: As defined in Section 7.5(a). 8
Majority LP Vote means the affirmative vote of Limited Partners holding Partnership Interests representing more than fifty percent (50%) of the Percentage Interests in the Partnership on the record date set for an LP Vote. A "Super Majority LP Vote" means the affirmative vote of Limited Partners holding Partnership Interests representing sixty-six and two-thirds percent (66 2/3%) or more of the Percentage Interests in the Partnership on the record date set for an LP Vote. A "75% Majority LP Vote" means the affirmative vote of Limited Partners holding Partnership Interests representing seventy-five percent (75%) or more of the Percentage Interests in the Partnership on the record date set for an LP Vote. A "Majority Partner Vote" means the affirmative vote of Partners holding Partnership Interests representing more than fifty percent (50%) of the Percentage Interests in the Partnership on the record date set for a Partner Vote. A "Super Majority Partner Vote" means the affirmative vote of Partners holding Partnership Interests representing sixty-six and two-thirds percent (66 2/3%) or more of the Percentage Interests in the Partnership on the record date set for a Partner Vote. A "75% Majority Partner Vote" means the affirmative vote of Partners holding Partnership Interests representing seventy-five percent (75%) or more of the Percentage Interests in the Partnership on the record date set for a Partner Vote.
Majority LP Vote means the affirmative vote or consent of Limited Partners holding Voting Interests representing more than fifty percent (50%) of the Percentage Interests attributable to Voting Interests held by the Limited Partners on the record date set for an LP Vote. A “Super Majority LP Vote” means the affirmative vote or consent of Limited Partners holding Voting Interests representing sixty-six and two-thirds percent (66-2/3%) or more of the Percentage Interests attributable to Voting Interests held by the Limited Partners on the record date set for an LP Vote. A “75% Majority LP Vote” means the affirmative vote or consent of Limited Partners holding Voting Interests representing seventy-five percent (75%) or more of the Percentage Interests attributable to Voting Interests held by the Limited Partners on the record date set for an LP Vote. A “Majority Partner Vote
Majority LP Vote means the affirmative vote of Limited Partners holding more than fifty percent (50%) of the Units outstanding on the record date set for an LP Vote. A "Super Majority LP Vote" means the affirmative vote of Limited Partners holding sixty-six and two-thirds percent (66 2/3%) or more of the Units outstanding on the record date set for an LP Vote. A "75% Majority LP Vote" means the affirmative vote of Limited Partners holding seventy-five percent (75%) or more of the Units outstanding on the record date set for an LP Vote. A "Majority Partner Vote" means the affirmative vote of Partners holding more than fifty percent (50%) of the Units outstanding on the record date set for a Partner Vote. A "Super Majority Partner Vote" means the affirmative vote of Partners holding sixty-six and two-thirds percent (66 2/3%) or more of the Units outstanding on the record date set for a Partner Vote. A "75% Majority Partner Vote" means the affirmative vote of Partners holding seventy-five percent (75%) or more of the Units outstanding on the record date set for a Partner Vote.

Related to Majority LP Vote

  • 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.

  • 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.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

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

  • 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.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution.

  • 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.

  • Simple Majority means a decision made by the Management Committee by more than 50% of the votes represented and entitled to be cast at a meeting thereof.

  • Majority in Interest of the Partners means Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners entitled to Consent to or withhold Consent from a proposed action.

  • Note Majority means a majority by principal amount of the Noteholders.

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • majority of the outstanding shares means the lesser of (a) sixty-seven percent (67%) or more of the shares present at a meeting if more than fifty percent (50%) of these shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding shares.

  • absolute majority , of the Committee, means a majority of the committee members currently holding office and entitled to vote at the time (as distinct from a majority of committee members present at a committee meeting);

  • Majority in Interest As to any Class of Regular Certificates, the Holders of Certificates of such Class evidencing, in the aggregate, at least 51% of the Percentage Interests evidenced by all Certificates of such Class.

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Majority (as defined in the 0000 Xxx) of the Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the Board of Directors who are not "interested persons" (as defined in said Act) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. This Agreement is terminable, without penalty, on 60 days' written notice, by the Board of Directors of the Fund or by vote of holders of a majority of the Fund's shares, or upon 90 days' written notice, by the Adviser. This Agreement will also terminate automatically in the event of its assignment (as defined in said Act).

  • Majority in Interest of the Limited Partners means Limited Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners.

  • Supermajority means, with respect to any Class of Notes, the holders of at least 66-2/3% of the Aggregate Outstanding Amount of the Notes of such Class.

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Company Board of Directors means the board of directors of the Company.