Voting Majority definition

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

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 means fifty- one (51%) percent of the members/property owners of the Association. To amend the By Laws it shall mean a majority of the property owners of the Association. To amend the Declaration of Covenants it shall mean a majority of the property owners.

Examples of Voting Majority in a sentence

• Voting Majority; Housekeeping Amendments These By-laws may be amended by a majority vote of the Honor Committee, voting in accordance with the regular procedures of the Honor Committee.

• 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.

• 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.

• Managers shall be elected by the affirmative vote of Members holding at least a Voting Majority Interest.

More Definitions of Voting Majority

Voting Majority has the meaning specified in the Company Agreement.

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

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 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 has the meaning set forth in Section 4.2.

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

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.