Steering Committee Majority definition

Steering Committee Majority means the Steering Committee Members holding a majority of Units held by all Steering Committee Members.
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Steering Committee Majority has the meaning specified in Section 9.01(a).
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Steering Committee Majority means any member or members of the Steering Committee who in aggregate are the Beneficial Owners of more than 50% by principal face value of the total Notes held by the Steering Committee at the time any such approval, consent or opinion is provided.
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Examples of Steering Committee Majority in a sentence

  • The Consent Fee will be shared pro rata among those Consenting Bondholders that become a party to the Restructuring Support Agreement on or prior to 5: 00 p.m. (Hong Kong time) on 23 December 2015 (or such later date as the Company and the Steering Committee Majority may agree).

  • The Board shall determine the compensation of the Directors, subject to the approval of (a) a Steering Committee Majority for so long as the Steering Committee Members satisfy the Aggregate Steering Committee Threshold (which may take the form of incentive equity compensation) or (b) Member Majority Approval, following the time that the Steering Committee Members fail to satisfy the Aggregate Steering Committee Threshold.

  • The Banks agree that the Debt Coordinator and the Steering Committee Majority shall be fully justified in failing or refusing to take any action under this Agreement or any other Transaction Document unless it shall first receive such advice or concurrence of such Banks as it deems appropriate and, if it so requests, it shall first be indemnified to its satisfaction by the Banks against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.

  • In this connection, the Steering Committee Majority hereby authorizes the Debt Coordinator to instruct the Collateral Trustees or the Rexair Collateral Agent, as applicable, to release the Collateral so disposed from the Rexair Debt Lien, the Shared Collateral Lien or the Non-Shared Lien on their behalf pursuant to Section 8.06 of the Master Agreement.

  • An amendment or waiver of a term of this Agreement (including the Schedules hereto) that is minor or technical only may be made with the consent of the Company and Steering Committee Majority and any such amendment shall be binding on all parties.

  • This Agreement may be terminated at any time with the mutual written consent of the Company and the Steering Committee Majority.

  • An amendment or waiver of a term of this Agreement (other than the Schedules hereto) that is not minor or technical shall be made only with the consent of the Company and the Steering Committee Majority, provided that if an amendment or waiver imposes a materially more onerous obligation on any Party or affects any Party materially and disproportionately in comparison to other Parties, such amendment or waiver shall not bind that Party without its written consent.

  • The term "Steering Committee Majority" means the Debt Coordinator and any two other Steering Committee Members, except that in the case of determinations relating to Section 6.02(e)(iv) the term shall also mean any four members of the Steering Committee.

  • The Company shall provide written notice to the Consenting Noteholders (with a copy by email to xxxx.xxxxx@xxxxxxxx.xxx and xxxxx.xxxxx@xxxxxxxx.xxx) as soon as practicable after and in any event within 1 Business Day of obtaining knowledge of any of the events set out in Clause 11.1 (Automatic termination events) or Clause 11.2 (Steering Committee Majority termination events) above.


More Definitions of Steering Committee Majority

Steering Committee Majority means the Debt Coordinator and any two other Steering Committee Members, except that in the case of determinations relating to Section 6.02(e)(iv) the term shall also mean any four members of the Steering Committee.
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Related to Steering Committee Majority

  • Steering Committee shall have the meaning set forth in Section 3.1.

  • Joint Steering Committee or “JSC” has the meaning set forth in Section 3.1.

  • Managing Committee means the managing committee entrusted with the management of a trade union;

  • Project Steering Committee or “PSC” means the committee referred to in Section I.B of Schedule 2 to this Agreement;

  • Development Committee has the meaning set forth in Article 3 of the Amended and Restated Research and Development Agreement.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • JSC has the meaning set forth in Section 3.1.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Standing Committee means a permanent committee with a regular meeting schedule and designated subject matter jurisdiction that is authorized by the Rules of the Senate or the Rules of the House of Representatives.

  • Monitoring Committee means the committee established under clause 10 of this Award.

  • Joint Committee means the Joint Committee established by Article 164(1) of the withdrawal agreement;

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Screening Committee means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • OH&S Committee is referred to hereafter, read “body nominated to implement policy on site”.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

  • JRC has the meaning set forth in Section 2.2.

  • Research Committee shall have the meaning set forth in Section 2.1.

  • Technical Advisory Committee means a committee established under section 12;

  • Coordination Committee means the jointly constituted PJM and NYISO committee established to administer the terms and provisions of this Agreement pursuant to Section 35.3.2.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Hearing Committee means the committee appointed pursuant to this Plan to hear a request for an evidentiary hearing that has been properly filed and pursued by a practitioner.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Committee Meeting means a meeting of the Committee.

  • Committee Members means persons formally appointed by the Board to sit on or to chair specific committees.