Voting Majority definition

Voting Majority means the votes of such number of voting Members.

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Voting Majority means the Members or stockholders that collectively hold in the aggregate greater than fifty percent (50%) of the voting power of the Company or VMD Corporation, as applicable.

Voting Majority. Since the LLC unit percentage (%) is split 50% to 50% then during the time of funding and then return of Capital, i.e. the $23,000,000 Steriwave will have an additional voting share providing them with a majority of voting rights till such time the $23,000,000 is paid back. After the funds are paid back then voting rights will revert to 50% to 50% with an independent third party to prevent deadlocks.

Examples of Voting Majority in a sentence

Notice of each meeting shall be given by the Voting Majority In Interest to each Board Member and shall state the place, date and time of the meeting.
Each Board Member shall serve in such capacity, except as otherwise set forth herein, until such time that such Board Member is removed by resolution of the Voting Majority In Interest or resigns.
Managers shall be elected by the affirmative vote of Members holding at least a Voting Majority Interest.
The Company shall indemnify its employees and other agents who are not Managers to the fullest extent permitted by law, provided that such indemnification in any given situation is approved by Members owning a Voting Majority Interest.
Similarly, at any meeting, Members Owning a Voting Majority shall decide any question brought before such meeting, unless the question is one upon which, by express provision of the Act or this Agreement, a different vote is required.

More Definitions of Voting Majority

Voting Majority means Members holding greater than 50% of the outstanding Units.

Voting Majority means the approval of Unitholders holding a majority of the issued and outstanding Units of whatever class. In connection with matters brought before the Unitholders for approval by “Voting Majority,” Units held by an assignee who has not been admitted as a Substituted Member will not be treated as outstanding for purposes of determining whether the applicable majority percentage has been obtained.

Voting Majority means the Members owning more than fifty percent (50%) of the Units owned by all Members, regardless of whether such Units are Class A Units or Class B Units. Units held by Assignees shall be ignored for purposes of determining a Voting Majority.

Voting Majority means the holders of a majority of the Voting Units.

Voting Majority means any security presently entitling the owner or holder thereof to vote in the direction or management of the affairs of a person, or any security issued under or pursuant to any trust, agreement or arrangement whereby a trustee or trustees or agent or agents for the owner or holder of such security are presently entitled to vote in the direction or management of the affairs of a person.

Voting Majority means Members entitled to vote holding collectively fifty percent (50%) or more of the total Percentage Interests of all Members entitled to vote (as set forth in Section 7.5(b)).

Voting Majority has the meaning set forth in Section 4.2.