Supermajority in Interest definition

Supermajority in Interest means a percentage in interest in excess of 66 2/3%.
Supermajority in Interest means the vote of at least seventy five percent (75%) of all Percentage Interest in the LLC.
Supermajority in Interest means such of the Partners as have, at the time of determination, eighty percent (80%) or more of the Partnership Percentages of all Partners.

Examples of Supermajority in Interest in a sentence

  • Supermajority in Interest As set forth in 3.8. TCW As set forth in the introductory paragraph of this Agreement.

  • The Company’s ability to acquire Portfolio Investments shall be re-instated, and the restrictions set forth in clauses (A) and (B) above shall be rescinded, upon the vote or written consent of a Supermajority in Interest of the Common Unitholders.


More Definitions of Supermajority in Interest

Supermajority in Interest means a percentage in interest in excess of 66 2/3%. With respect to any feeder fund, the feeder fund will be permitted to vote its Units in proportion to the voting instructions received from the feeder fund investors. Each feeder fund investor has the right to vote an amount equal to the number of Units to which its interest in the feeder fund corresponds. To the extent a feeder does not receive specific voting instructions from any feeder fund investor on the vote in question, then the feeder fund will vote the corresponding pro rata share of Units of those feeder fund investors in the same manner and proportion as the Units of those feeder fund investors for which it has received specific instructions for the vote in question.
Supermajority in Interest means, with respect to any agreement or vote of the Partners, one (1) or more of the Partners whose combined Sharing Ratios as to each Class B and Class A Units, then outstanding at the time of any such agreement or vote, equal or exceeds seventy-five percent (75%) of each of the Class B and Class A Units held by all Partners.
Supermajority in Interest means, (i) with respect to any matter other than those set forth in Section 9.3(b), Series One Members whose aggregate Series One Percentage Interest is greater than eighty percent (80%) of the total Series One Percentage Interest of all Series One Members, and (ii) with respect to only those matters that require the approval of the Members of Series Two, Series Two Members whose aggregate Series Two Percentage Interest is greater than eighty percent (80%) of the total Series Two Percentage Interest of all Series Two Members.
Supermajority in Interest means Investors holding at least two-thirds (2/3rds) of the aggregate outstanding principal amount of the Notes.
Supermajority in Interest means the vote of at least seventy percent (70%) of the percentage Interest of the Stockholders) may authorize Additional Contributions as provided below. Absent the Company's authorization, no Stockholder shall be required or permitted to make Additional Contributions.
Supermajority in Interest means, with respect to the Class B Members, Class B Members holding at least 60% of the aggregate Class B Membership Interests held by all Class B Members. “Tax” (and, with correlative meaning, “Taxes” and “Taxable”) means:
Supermajority in Interest means Members holding, in the aggregate, sixty-six percent (66%) or more of the Percentage Interests held by all Members of the Company. Until such time as there are members in addition to APS and SCPI, "Supermajority in Interest" shall mean 'Majority in Interest."