Majority of Members definition

Majority of Members means a Member or Members whose Percentage Interests represent more than 50 percent of the Percentage Interests of all the Members.
Majority of Members means, at any time, any combination of Members holding, in the aggregate, a majority of all of the Interests.
Majority of Members means and refer to the Members holding more than 50% of the total votes entitled to be case with respect to a given matter (not just those represented at a meeting); and any specified fraction or percentage of the total votes entitled to be case with respect to a given matter. Unless otherwise specified, any provision herein requiring the approval of the Members means the approval of a Majority of Members.

Examples of Majority of Members in a sentence

  • Operating Agreement Provision — Consent of Majority of Members to Filing a Voluntary Case 18-10 Form 18-4.

  • A motion to table shall not be amended or debated and shall apply to the motion and any amendments under debate when the motion to table is made.If the motion to table carries, the Motion is tabled until a Majority of Members present vote to lift the tabled motion.

  • A motion will be carried when a Majority of Members present at a meeting vote in favour of the motion, unless otherwise specified in this Bylaw.

  • A Majority of Members constitutes a Quorum, unless provided otherwise in this By-Law or by statute.

  • Minutes or signed Resolution16.12 The minutes of a meeting of Members signed by the chair of the meeting or, where the law allows, a Resolution signed by the Required Majority of Members, is conclusive evidence of the matters stated in them unless the contrary is proved.


More Definitions of Majority of Members

Majority of Members means a majority of members of the Commission as provided by the Constitution, the Statutes, and any amendments regardless of whether such authorized positions are filled.
Majority of Members means a Member or Members whose Voting Interest represents more than 50 percent of the Voting Interest of all the Members.
Majority of Members shall have the meaning set forth in Section 3.2(c).
Majority of Members has the meaning set forth in the Existing LLC Agreement.
Majority of Members means more than fifty percent (50%) of the members, irrespective of how many interests each member holds.
Majority of Members means the Members who, in the aggregate, own more than 51% of the Company Interest as of the Effective Date of this Agreement.
Majority of Members means the majority of registered property owners as contemplated in paragraphs section 3(4) of the By-law;