Super Majority Consent definition

Super Majority Consent means, with respect to any Proposed Amendment submitted to a vote of the Token Holders pursuant to Section 11(d)(i), the affirmative vote (or deemed affirmative vote pursuant to Section 11(d)(i) below) of the Token Holders owning at least seventy-five percent (75%) of the then issued and outstanding Tokens.
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Super Majority Consent means the affirmative vote or consent, determined in accordance with the terms and conditions of this Agreement, of more than eighty percent (80%) of the Managers of the Board (“Super Majority Consent of the Board”), or of the holders of more than eighty percent (80%) of the total membership interest in the Company (“Super Majority Consent of the Members”), as the case may be, at the time of the consent, unless otherwise expressly provided in the Agreement.
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Super Majority Consent means the consent of Managers appointed by one or more Members collectively holding 81% of all of the Company Interests entitled to vote on such action at the time such action is taken.
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Examples of Super Majority Consent in a sentence

  • If the Talented Individual does not agree with the Super Majority Consent which determined Achievement in Resolution as “Achieved”, the Talented Individual may within 5 Business Days from the date of Super Majority Consent request Universum to opine on whether the Achievement in Resolution was achieved.


More Definitions of Super Majority Consent

Super Majority Consent means affirmative consent of Sponsors holding together more than 2/3 of U(s) than held by the Sponsors.
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Super Majority Consent means any decision made, voted, resolved or passed at any time with the consent of the OC Representatives appointed by the Parties separately or collectively holding in aggregate equal to or more than 80% of Participation Percentages at that time (other than those OC Representatives who are precluded from providing consent under the terms of this deed).
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Super Majority Consent means the approval of one or more Limited Partners entitled to vote together holding a two-thirds majority of the total Interests by value, as determined on the basis of Contributions.
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Related to Super Majority Consent

  • Supermajority Vote means the affirmative vote of at least two-thirds of all of the members of the Operating Committee or any Subcommittee, as applicable, authorized to cast a vote with respect to a matter presented for a vote (whether or not such a member is present at any meeting at which a vote is taken) by the Operating Committee or any Subcommittee, as applicable (excluding, for the avoidance of doubt, any member of the Operating Committee or any Subcommittee, as applicable, that is recused or subject to a vote to recuse from such matter pursuant to Section 4.3(d)); provided that if two-thirds of all of such members authorized to cast a vote is not a whole number then that number shall be rounded up to the nearest whole number.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Requisite Holders means at any time holders of Warrant Shares and Warrants representing at least a majority of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.

  • Supermajority With respect to any Class of Notes, the Holders of at least 66-2/3% of the Aggregate Outstanding Amount of the Notes of such Class.

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.