Examples of Percentage Vote in a sentence
No action can be taken by the Board without an affirmative Percentage Vote.
A supermajority vote is required by this Agreement for the matters addressed by Section 8.4. When a supermajority vote is required by this Agreement or the Operating Rules and Regulations, action of the Board shall require an affirmative Percentage Vote of the specified supermajority of all Directors on the entire Board.
Notwithstanding the foregoing, in the event of a tie in the Percentage Vote, an action may be approved on an affirmative Voting Shares Vote.
Notwithstanding the foregoing, in the event of a tie in the Percentage Vote, an action may be approved by an affirmative “Voting Shares Vote,” as defined in Section 1.1.22, if three or more Directors immediately request such vote.
When a voting shares vote is held, action by the Board requires both an affirmative Percentage Vote and an affirmative Voting Shares Vote.
The Secretary shall read the minutes of the last annual meeting and the minutes of any special meeting held subsequent thereto, unless such reading is waived by a majority of the Percentage Vote present at a meeting at which a quorum is present or such minutes have been previously approved.
Where the Owner of a Condominium Unit constitutes or consists of more than one person, there shall be only one voting representative entitled to all of the Percentage Vote allocable to that Condominium Unit.
The term "51% of Owners" or "51% of the Percentage Vote" or a like phrase, as used in these Bylaws, shall mean the Owners entitled to at least that same percentage of the Percentage Vote of all Co-owners.
Other business may be brought before the meeting only upon a written request submitted to the Secretary of the Corporation at least seven days prior to the date of the meeting; provided, that such written request may be waived at the meeting if agreed to by a majority of the Percentage Vote present at a meeting at which a quorum is present.
Except where otherwise expressly provided in the Declaration, the Articles, these Bylaws, the Act or the Indiana Nonprofit Corporation Act of 1991, as amended (the "Statute"), a quorum at all meetings shall consist of the Owners representing fifty-one percent (51%) of the Percentage Vote.