Unanimous Vote definition
Examples of Unanimous Vote in a sentence
In addition, the Unanimous Vote Matters shall require the consent of each Lender and each Holder affected by such matter.
Review, modify, and approve by a Unanimous Vote any recommendations to the Project Developer on the design of the Project.
If any Project Participant’s Entitlement Share is reduced to zero through the process specified in Exhibit C, such Project Participant shall not be required to be present or be entitled to vote in order for such vote to be a Unanimous Vote.
Upon the prior written consent of the Majority Secured Parties and unless such matter is a Unanimous Vote Matter, the Agent may release any portion of the Trust Property or any other security, and grant such extensions and indulgences in relation to the Obligations secured hereby without in any manner affecting the priority of the Lien hereof on any part of the Trust Property.
Any amendment to this Operating Agreement shall be adopted and be effective as an amendment hereto if it receives the Unanimous Vote of the Members, provided that such amendment be in writing and executed by all Members voting thereto.