Supermajority Vote of the Members definition

Supermajority Vote of the Members means the affirmative approval of the Members who own in the aggregate more than 66 2/3 % of all the then outstanding Class A Units.
Supermajority Vote of the Members shall refer to the affirmative vote, approval or consent of Members holding sixty-seven percent (67%) of the percentage Membership Interests held by the Members in the aggregate. EXHIBIT D TO THE OPERATING AGREEMENT OF HEART HOSPITAL OF BK, LLC A North Carolina Limited Liability Company DEVELOPMENT BUDGET EXHIBIT [SEE ATTACHED CAPITAL EXPENSE INFORMATION.] 60 BAKERSFIELD HEART HOSPITAL CAPITAL EXPENSES TOTAL DEPRECIATION & INTEREST CAPITAL EXPENSES AMOUNT AMORTIZATION EXPENSE --------------------- -------------------- TERM AMOUNT RATE AMOUNT Property: Building Construction $[***]/sqft $[***] 40 years $[***] Land Lease 11.00 acres @$[***]/sqft $[***] 70 years $[***] Architectural Fees [***]% of constr. $[***] 40 years $[***] Interest During Con 9 months @ [***]% $[***] 40 years $[***] ------- Total Property $[***] [***]% $[***] Equipment: Capacity Cath Labs [***]/lab/yr 4 lab(s) $[***] Operating Rooms [***]/OR/yr 3 OR(s) $[***] Angiography Suite $[***] CVRU/Recovery $[***] Radiology & Laboratory $[***] Patient Care $[***] Other Departments $[***] ------- Total Equipment $[***] 7 years $[***] [***]% $[***] Startup Costs: Loan Acquisition Costs: Loan Commitment [***]% of loan amt $[***] 7 years $[***] [***]% $[***] Legal Fees $[***] 5 years $[***] [***]% $[***] ------- $[***] Pre-Opening Costs: $[***] 2 years $[***] [***]% $[***] ------- ------ ------ TOTALS $[***] $[***] $[***] [***] These portions of this exhibit have been omitted and filed separately with the Commission pursuant to a request for confidential treatment. EXHIBIT E TO THE OPERATING AGREEMENT OF HEART HOSPITAL OF BK, LLC a North Carolina limited liability company REGULATORY ALLOCATIONS This Exhibit contains special rules for the allocation of items of Company income, gain, loss and deduction that override the basic allocations of Profits and Losses in the Agreement to the extent necessary to cause the overall allocations of items of Company income, gain, loss and deduction to have substantial economic effect pursuant to Regulations Section 1.704-1(b) and shall be interpreted in light of that purpose. Subsection (a) below contains special technical definitions. Subsections (b) through (h) contain the Regulatory Allocations themselves. Subsections (i), (j) and (k) are special rules applicable in applying the Regulatory Allocations.
Supermajority Vote of the Members means the affirmative vote of Class A Members holding 66 2/3% or more of the Class A Units.

Examples of Supermajority Vote of the Members in a sentence

  • Its assets shall be liquidated and its affairs shall be wound up as soon as practical thereafter by the Managers, or if for any reason there is no Manager, by another Person designated by a Supermajority Vote of the Members.

  • A Member may be involuntarily removed as a Member by Supermajority Vote of the Members as provided for in Article IV, section 4.2(1) of this Agreement.

  • This Agreement and the Authority may be terminated by a Supermajority Vote of the Members except during the outstanding term of any Authority indebtedness.

  • This Agreement may be amended from time to time by Supermajority Vote of the Members.

  • Upon the Supermajority Vote of the Members, the Executive Director will coordinate the submission of the applicable Final Deliverable to another standards development organization, and the Working Group Participants that developed that Final Deliverable agree to grant the copyright rights necessary to make those submissions.

  • Notwithstanding the foregoing, Members and Working Group Participants may not make any public disclosures of that information without a Supermajority Vote of the Members or Working Group, as applicable, authorizing that disclosure, and any distributions of technical information to third parties must include a notice materially similar to the following: “This is a document made available by the Alliance for Open Media.

  • Where the Project or Working Group cannot reach consensus with respect to a particular decision to be made, the Project or Working Group will make that decision by a Supermajority Vote of the Members or Working Group Participants, as applicable.

  • Additional Interests may be created and issued to Persons and to existing Members, on a Supermajority Vote of the Members, on the terms and conditions determined by a Supermajority Vote of the Members at the time of such creation or issuance.

  • Seller has made available to Buyer copies of all Employment Agreements.

  • This Agreement may be amended, supplemented or restated only by Approval of the Members; provided, however that any amendment hereto necessary to effect any matter referred to in Section 6.9 shall require a Supermajority Vote of the Members.


More Definitions of Supermajority Vote of the Members

Supermajority Vote of the Members means and shall refer to the affirmative vote, approval or consent of Members holding sixty-seven percent (67%) of the percentage Membership Interests held by the Members in the aggregate. EXHIBIT C TO THE OPERATING AGREEMENT OF HEART HOSPITAL OF DTO, LLC A North Carolina Limited Liability Company DEVELOPMENT BUDGET EXHIBIT [SEE ATTACHMENT] EXHIBIT D TO THE OPERATING AGREEMENT OF HEART HOSPITAL OF DTO, LLC a North Carolina limited liability company REGULATORY ALLOCATIONS This Exhibit contains special rules for the allocation of items of Company income, gain, loss and deduction that override the basic allocations of Profits and Losses in the Agreement to the extent necessary to cause the overall allocations of items of Company income, gain, loss and deduction to have substantial economic effect pursuant to Regulations Section 1.704-1(b) and shall be interpreted in light of that purpose. Subsection (a) below contains special technical definitions. Subsections (b) through (h) contain the Regulatory Allocations themselves. Subsections (i), (j) and (k) are special rules applicable in applying the Regulatory Allocations.
Supermajority Vote of the Members shall refer to a sixty-six percent (66%) portion of the votes held by those Managers or Members having Governance Rights then outstanding. For any action requiring a Supermajority Vote by Managers, all Managers must be accounted and Quorum does not apply. For any action requiring a Supermajority Vote by Members, Quorum shall be determined in accordance with Section III.3.
Supermajority Vote of the Members shall refer to the affirmative vote, approval or consent of Members holding sixty-seven percent (67%) of the percentage Membership Interests held by the Members in the aggregate. EXHIBIT D TO THE AMENDED AND RESTATED OPERATING AGREEMENT OF HEART HOSPITAL OF BK, LLC A North Carolina Limited Liability Company DEVELOPMENT BUDGET EXHIBIT Reference is made to the Development Budget Exhibit which is attached as Exhibit D to the Original Operating Agreement and incorporated herein by this reference. EXHIBIT E TO THE AMENDED AND RESTATED OPERATING AGREEMENT OF HEART HOSPITAL OF BK, LLC a North Carolina limited liability company REGULATORY ALLOCATIONS This Exhibit contains special rules for the allocation of items of Company income, gain, loss and deduction that override the basic allocations of Profits and Losses in the Agreement to the extent necessary to cause the overall allocations of items of Company income, gain, loss and deduction to have substantial economic effect pursuant to Regulations Section 1.704-1(b) and shall be interpreted in light of that purpose. Subsection (a) below contains special technical definitions. Subsections (b) through (h) contain the Regulatory Allocations themselves. Subsections (i), (j) and (k) are special rules applicable in applying the Regulatory Allocations.
Supermajority Vote of the Members means and shall refer to the affirmative vote, approval or consent of Members holding sixty-seven percent (67%) of the percentage Membership Interests held by the Members in the aggregate. EXHIBIT C TO THE OPERATING AGREEMENT OF HEART HOSPITAL OF DTO, LLC A North Carolina Limited Liability Company DEVELOPMENT BUDGET EXHIBIT [SEE ATTACHED CAPITAL EXPENSE INFORMATION] HEART HOSPITAL OF DTO, LLC CAPITAL EXPENSES FACILITY SIZE Total Beds 36 occ. beds = [***]% of 40 beds capacity Total Square Feet [***] sqft/bed +[***] add'l [***] sqft CAPITAL EXPENSES TOTAL DEPRECIATION & INTEREST AMOUNT AMORTIZATION EXPENSE -------------------- ----------------- TERM AMOUNT RATE AMOUNT Property: Building Construction $[***]/sqft $[***] 40 years $[***] Land 11.00 acres @$[***]/sqft $[***] 0 years $[***]

Related to Supermajority Vote of the Members

  • 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 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.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Majority in Interest of the Members means Members whose Percentage Interests aggregate to greater than fifty percent of the Percentage Interests of all Members.

  • Simple Majority means a decision made by the Management Committee by more than 50% of the votes represented and entitled to be cast at a meeting thereof.

  • Supermajority means, 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 in Interest of the Partners means Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners entitled to Consent to or withhold Consent from a proposed action.

  • Majority in Interest of the Limited Partners means Limited Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners.

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • Voting Members has the meaning set forth in Section 4.07(b).

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • vote of a majority of the outstanding voting securities" shall mean the vote of the lesser of (a) 67 per centum or more of the shares of the Fund present or represented by proxy at the meeting if the holders of more than 50 per centum of the outstanding shares of the Fund are present or represented by proxy at the meeting, or (b) more than 50 per centum of the outstanding shares of the Fund.

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Major Decision means:

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • Fund Board means the Board of Directors/Trustees of a Fund.

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution.

  • Class A Members means those Members who have purchased Class A Interests.

  • absolute majority , of the Committee, means a majority of the committee members currently holding office and entitled to vote at the time (as distinct from a majority of committee members present at a committee meeting);

  • majority of the outstanding shares means the lesser of (a) sixty-seven percent (67%) or more of the shares present at a meeting if more than fifty percent (50%) of these shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding shares.

  • 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.

  • Voting Member means a Member holding one or more Voting Shares.

  • Age of majority means the age when the procedural safeguards and other rights afforded to the parent or parents of a student with a disability transfer to the student. In Virginia, the age of majority is 18.

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;