Partner Vote definition

Partner Vote. As defined in Section 11.6(g).
Partner Vote means, in the case of two Partners, the unanimous affirmative vote of both Partners.
Partner Vote is a vote taken among all Partners. A "Fund Vote" is a vote taken among all Fund Investors. A "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.

Examples of Partner Vote in a sentence

  • 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 LP Vote, Partner Vote or Fund Vote.

  • Without a Unanimous Partner Vote, the Partnership shall not engage in any other business, including any of the Excluded Businesses.

  • 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.

  • 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.

  • The execution and delivery of this Agreement and the consummation by Ventures and Merger Sub of the Transactions have been duly authorized and approved by the Ventures Committee and, prior to the Closing, each of the UANT/USMD Contribution and the Transactions shall have been authorized and approved by the Ventures Partner 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.

  • The Partnership shall be dissolved and its affairs wound up upon the occurrence of any of the following events: (a) a date designated and approved in writing by the General Partner and a Supermajority Limited Partner Vote; or (b) upon the entry of a decree of judicial dissolution under §17-802 of the Act.

  • This Agreement has been duly executed and delivered by Ventures and Merger Sub and is enforceable against each in accordance with its terms, subject to the Enforceability Exceptions and the Ventures 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.

  • 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.


More Definitions of Partner Vote

Partner Vote. As defined in Section 11.6(g). “Partners”: Collectively, the Managing General Partner, the Non-Managing General Partner and the Limited Partners, and any additional or successor partners of the Partnership admitted to the Partnership in accordance with the terms of this Agreement. References to a Partner shall be to any one of the Partners. “Partnership”: As defined in the Preamble to this Agreement. “Partnership Auditor”: As defined in Section 11.2. “Partnership Expenses”: As defined in Section 7.4(a). “Partnership Interest”: The ownership interest of a Partner in the Partnership at any particular time, including the right of such Partner to any and all benefits to which such Partner may be entitled as provided in this Agreement, and to the extent not inconsistent with this Agreement, under the Act, together with the obligations of such Partner to comply with all of the terms and provisions of this Agreement and the Act. “Partnership Minimum Gain”: As defined in Regulations Sections 1.704-2(b)(2) and 1.704-2(d). “Partnership Unit” or “Unit”: A unit of Partnership Interest having the rights, privileges and restrictions prescribed therefor by the terms of this Agreement. 9

Related to Partner Vote

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the ▇▇▇▇ ▇▇▇) 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 Company Vote has the meaning set forth in Section 3.03(a).

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

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to shares of the Company beneficially owned by insiders to whom options may be granted under the Plan and their associates and affiliates;

  • Stockholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the stockholders of the Company with respect to issuance of all of the Warrants and the Warrant Shares upon the exercise thereof.