Majority of Owners definition

Majority of Owners means a majority (or any greater percentage that may be specifically required for a particular action or authorization by the terms of this Declaration) of the total voting power of the Members of the Association.

Majority of Owners means those owners holding 51 per cent of the votes in accordance with the percentages assigned in the declaration;

Majority of Owners means and refer to the holders of more than fifty (50%) percent of the total Votes of the Members.

Examples of Majority of Owners in a sentence

• Modification of Trust Agreement and Supplemental Agreements with Consent of a Majority of Owners of Obligations; Restrictions on Modifications; Notice of Supplemental Agreements 41 Section 1103.

• This Declaration may be amended by written instrument approved by the affirmative vote of the Majority of Owners in the Association.

• If any Special Assessment is to be used for the construction of new facilities (as opposed to repair and reconstruction of existing facilities in the Property), and if the total amount of the Special Assessment levied for such construction exceeds 10% of the total Annual Budget for that year, then the Special Assessment shall require the approval of a Majority of Owners.

• This Declaration may only be amended by written instrument approved by the affirmative vote of the Majority of Owners in the Association as provided in Article XI, Voting Requirements, herein.

• As used in these Bylaws the term "Majority of Owners" shall mean those owners holding 51% of the eligible votes.

More Definitions of Majority of Owners

Majority of Owners or "Majority of Members" means, for voting purposes, a number of votes greater than one/half (1/2) of all votes held by all the Owners or Members.

Majority of Owners means the owners of more than fifty per cent (50%) of the aggregate percentage interests assembled at a duly called meeting of the owners, which percentage shall be considered sufficient to adopt or reject any matter upon which the vote of the unit owners is required or percentage is specifically provided desired, unless a differ for by law. this Declaration or the bylaws. Any specified percentage of owners means owners of such number of percentage interests in the aggregate.

Majority of Owners means Owners owning a majority of the Lots.

Majority of Owners means a majority of the Block Owners, where Block Owners have one vote per individual Flat or Unit;

Majority of Owners means Owners entitled to cast more than fifty percent (50%) of the votes as provided in Article XXII (e) of this Master Deed.

Majority of Owners means Owners entitled to cast more than fifty percent (50%) of the votes as provided in Article XXII(f) of this Master Xxxx.

Majority of Owners means greater than fifty percent (50%) of: (a) the vote or written assent of Non-CIT Owners entitled to vote or so assent; plus (b) the vote or written assent of the Board for the CIT Intervals, taken as a block either For or Against a proposition.