Required Voting Percentage definition

Required Voting Percentage means a majority of the Company Shares outstanding owned by the Management Stockholders as of the date the vote is taken.

Required Voting Percentage means (a) for so long as the Apollo Group owns at least 10% of the outstanding Common Stock, the vote of the shares of Common Stock owned by the Apollo Group, and (b) only for matters that adversely affect any rights or obligations of Management Holders under this Agreement, a majority of the shares of Common Stock outstanding owned by the Management Holders as of the date the vote is taken.

Required Voting Percentage means a majority of the shares of Common Stock outstanding owned by the Management Holders as of the date the vote is taken. For the avoidance of doubt, the proxy described in Section 7(a) shall not be applicable for the purpose of obtaining the Required Voting Percentage.

Examples of Required Voting Percentage in a sentence

• Without the consent of the holders of the Series A Required Voting Percentage, the Partnership shall not (i) amend the terms of the OpCo Preferred Units in a manner that is adverse to and inconsistent with the terms of the Series A Preferred Units, (ii) amend Section 5.11(b)(iii)(B) of the OpCo Partnership Agreement, (iii) transfer any OpCo Preferred Units or (iv) provide any consent of the OpCo Preferred Units required under the first paragraph of Section 5.11(b)(iv) of the OpCo Partnership Agreement.

• President’s Report, Treasurer’s Report and Administrator’s Report tabled until next meeting.

• During the period commencing on the date of this Agreement and ending as of the Closing, the Partnership shall not take any action that would require the prior consent or approval of the Series A Preferred Unitholders representing the Series A Required Voting Percentage (as such term is defined in the Partnership Agreement) after Closing pursuant to and in accordance with Section 6.01(e) of the Partnership Agreement.

• Searchlight shall grant a proxy to vote such number of Ordinary Shares held by it prior to each general shareholder meeting of the Company to the extent necessary to allow the TNR Shareholders, together, to be able to vote at such general shareholder meeting (taking into account all the Ordinary Shares held by the TNR Shareholders or with respect to which the TNR Shareholders have voting power) the Required Voting Percentage.

• Notwithstanding any other provision of this Agreement, in addition to all other voting rights granted under this Agreement, the Partnership shall not declare or pay any distribution from Capital Surplus without the affirmative vote of the Record Holders of the Series A Required Voting Percentage.

More Definitions of Required Voting Percentage

Required Voting Percentage means, at any particular time, 75% of the Shares Subject to this Agreement determined as at such time. For so long as the Voting and Corporate Governance Agreement is in effect, the Voting Representative (as defined therein) for each Designated Holder Group (as defined therein) shall be exclusively authorized to act on behalf of and directed by each Holder included in such Designated Holder Group with respect to any matter requiring the consent, vote or approval of the Required Voting Percentage.

Required Voting Percentage means a majority of the Company Shares outstanding owned by the Management Stockholders as of the date the vote is taken (calculated as if the Preferred Shares had been converted into Non-Voting Shares on the date of such calculation and in accordance with the terms of such Preferred Shares).

Required Voting Percentage means (x) a majority of the Units owned by the Holders as of the date the vote is taken (including, for purposes of this calculation, Deemed Held Units) and (y) the vote of Units owned by the Apollo Group.

Required Voting Percentage means, prior to the Flip Point, the Majority of all Members and, after the Flip Point, Members collectively holding at least 50.1% of all then outstanding Class B Units, provided such term shall continue to mean the Majority of all Members with respect to the following actions:

Required Voting Percentage means a majority of the shares of Common Stock outstanding owned by the Holders as of the date the vote is taken and the vote of the shares of Common Stock owned by YBR.

Required Voting Percentage means a majority of the Company Shares outstanding owned by the Management Stockholders as of the date the vote is

Required Voting Percentage. - means the following: