Majority Owners means the Owners of at least 51% of the aggregate principal amount of the Bonds Outstanding.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) of the aggregate principal amount of the Bonds of a Series then Outstanding or all of the Bonds then Outstanding, as applicable in the context within which such reference is made.
Majority Owners means the Holders who own a majority of the voting rights of the Certificates as determined as set forth in Section 3.06.
Examples of Majority Owners in a sentence
In the event of the resignation or removal of the Trustee, the Issuer will, at the direction of the Majority Owners, appoint by written instrument a successor within 30 days of the resignation or removal.
Any action or vote (unless this Trust Agreement specifically provides otherwise) shall be approved by the Majority Owners.
The manner of obtaining such consents (and any other consents of Holders or Beneficial Owners provided for in this Trust Agreement) and of evidencing the authorization of the execution of consent by the Majority Owners shall be subject to such reasonable requirements as the Administrator may prescribe.
More Definitions of Majority Owners
Majority Owners. The Owner or Owners of Class A Certificates evidencing Percentage Interests in excess of 51% in the aggregate.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) in principal amount of the Outstanding Series 2019 Bonds.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) of the aggregate principal amount of the Series 2021 Bonds then Outstanding.
Majority Owners as used herein shall mean the Beneficial Owners of more than fifty percent (50%) of the principal amount of the Outstanding Series 2020B Bonds.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) of the Outstanding Series of Bonds to which such reference is made and, if no such reference is made, shall mean the Beneficial Owners of more than fifty percent (50%) of the Outstanding Series 2018A-1 Bonds.
Majority Owners. At any time, the owner or owners of more than 50% of all Registrable Securities then outstanding.
Majority Owners means one or more Members having among them more than fifty percent (50%) of the total number of votes of all issued and outstanding Units of Membership Interest (without regard to the class of Units owned by them). Class A Units and Class B Units shall not have separate class voting rights on any matters.