Required Members definition

Required Members means Members holding not less than a majority of all of the Membership Interests.
Required Members means, at any time, Members holding Member Interests representing more than 50% of the aggregate amount of Cash contributions in respect of all of the Member Interests (without regard to any distributions made hereunder).
Required Members has the meaning set forth in Section 12.8(a).

Examples of Required Members in a sentence

  • The Required Members serve continuously while they are in their positions.

  • Composition 4 or more members Required Members: Vice President or Treasurer (Chair)* (The Vice President shall chair the committee in the fall term.

  • Required Members, through Article 2(4), to refrain “from the threat or use of force” against other States.

  • Any member appointed to meet any of the criteria of categories 1 – 5 described in Required Members section, above, shall serve only so long as such member continues to fulfill the requirement of the position which appointed.

  • Composition 7 or more members Required Members: Treasurer (Chair) President Vice President 4 current Board members, 1 from each division Such additional board members as the Vice-president may slate.


More Definitions of Required Members

Required Members means, subject to Section 4.5(a), Members holding more than 80% of the Percentage Interest. For the avoidance of doubt, Members holding more than 80% of the Percentage Interest may approve any matter that is presented for approval of Required Members without giving advance or subsequent Notice to other Members whose approval of such matter is not required to reach such threshold.
Required Members has the meaning given to such term in the Project Company LLC Agreement.
Required Members means Members holding at least 50.1% of the aggregate Capital Contributions to the Company.
Required Members means MHMI and a majority of the percentage Membership Interests held by the Investor Members.
Required Members has the meaning set forth in the Operating Agreement. ----------------
Required Members means, collectively, the Members holding not less than [67]% of the Units outstanding as of the applicable date of determination (on a fully diluted, as-converted basis but excluding, for purposes of such calculation, PubCo and all Units held directly or indirectly by it).
Required Members means, as of any date, the approval, request or consent of the holders of a majority of the BRS Units.