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

• 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.

• If the Board reasonably determines that an alternative structure (as compared to the foregoing) to effect QIPO would be beneficial to the Members, collectively, and not materially adverse to any Member as compared to the foregoing, then each Member hereby agrees that it will take such action and execute such documents as may reasonably be necessary to effectuate such alternative structure upon the request of the Voting Majority.

• The Board shall initially be comprised of two persons, consisting initially of Barrack and Ribis; (collectively, the “Board Members”), and thereafter shall consist of such number as may be fixed from time to time by resolution of the Voting Majority In Interest.

More Definitions of Voting Majority

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. [Signature Page Follows]

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. 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.

Voting Majority has the meaning ascribed to such term in the HF Investment LLC Agreement.

Voting Majority has the meaning specified in the Company Agreement.

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

Voting Majority has the meaning set forth in Section 4.2.