Requisite Members definition

Requisite Members means the Members (which may include the Manager) holding at least seventy-five percent (75%) of the Common Units then outstanding.
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Requisite Members means the holders of a majority of the Common Units then issued and outstanding, voting together as a separate class.
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Requisite Members means, the Carrier Deciding Member and the Watsco Deciding Member; provided, that if (i) the Percentage Interest owned by the Carrier Holders, in the aggregate, ceases to be at least ten percent (10%), Requisite Members shall be deemed to be the Watsco Deciding Member, and (ii) the Percentage Interest owned by the Watsco Holders, in the aggregate, ceases to be at least ten percent (10%), Requisite Members shall be deemed to be the Carrier Deciding Member.
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Examples of Requisite Members in a sentence

  • Any provision of this Agreement may be amended or waived by the written consent of the Requisite Members.

  • Before starting a project or making any commitments,7 the project manager must secure specific project approval signatures in accordance with8 SoCalGas’ Internal Order process,2 and SoCalGas’ approval and commitment policy.9 B.

  • Any vacancy on the Board shall be filled upon the vote or written consent of either the Requisite Members or the other Managers then serving on the Board.

  • This Agreement may be amended or modified in writing by the Manager, subject to the prior written consent of the Requisite Members.

  • Units or from equity securities or interests and rights to acquire Units or high equity securities or interests on what terms and conditions approved by the Requisite Members and who Board.


More Definitions of Requisite Members

Requisite Members means the holders of (i) two thirds (66.66%) of the issued and outstanding Company Interests voting together as a single class, (ii) a majority of the issued and outstanding Class A Company Interests voting as a separate class and (iii) a majority of the issued and outstanding Class B Company Interests voting as a separate class.
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Requisite Members has the meaning set forth in Section 12.2(a).
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Requisite Members means a Majority in Interest of the Common Members.
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Requisite Members means Members who, in the aggregate, own at least 2/3 of of the Class B Units.
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Requisite Members means Members holding at least sixty-six and two-thirds percent (66 2/3%) of the then issued and outstanding Units.
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Requisite Members as used in Section 1 hereof shall be deemed to be replaced with the phrase “board of directors of Ladder Holdings” and (ii) the term “Ladder Holdings” as used in this Agreement shall be deemed to mean the Ladder Company that is the issuer in such Qualified Initial Public Offering.
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Requisite Members means holders of a majority of the Class A Units.
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