More than 50 percent of the voting power definition

More than 50 percent of the voting power means voting power sufficient to elect a majority of the membership of the board of directors of the corporation.
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More than 50 percent of the voting power means voting power sufficient to
Sample 1Sample 2Sample 3

Examples of More than 50 percent of the voting power in a sentence

  • More than 50 percent of the voting power of the corporation that will own the media outlet if such corporation is a publicly traded company.

Related to More than 50 percent of the voting power

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • Voting Power means the voting power of all securities of the Company then outstanding and generally entitled to vote for the election of directors of the Company.

  • Disqualified Capital Stock means that portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event (other than an event which would constitute a Change of Control), matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof (except, in each case, upon the occurrence of a Change of Control) on or prior to the final maturity date of the Notes.

  • 85 percent removal means the arithmetic mean of the values for effluent samples collected in a period of 30 consecutive days shall not exceed 15 percent of the arithmetic mean of the values for influent samples collected at approximately the same times during the same period.