Required Interest definition

Required Interest shall have the meaning specified in the Standard Terms.
Required Interest. Unless otherwise specified in the related Series Supplement, with respect to the Outstanding Certificates of any Series or any Class thereof, the accrued and undistributed interest on the Certificate Principal Balance or Notional Amount of such Outstanding Certificates computed at the applicable Pass Through Rate.
Required Interest means one or more Class B Limited Partners having among them more than 50% of the Class B Percentage Interests of all Limited Partners in its or their capacities as such.

Examples of Required Interest in a sentence

  • Except as otherwise provided in this Agreement, the affirmative vote of a Required Interest at a meeting of Members at which a quorum is present shall be the act of the Members.

  • Any Member who is designated Tax Matters Partner may not take any action contemplated by Sections 6222 through 6232 of the Code without consent of a Required Interest, and this sentence does not authorize such Tax Matters Partner to take any action left to the determination of an individual Member under Sections 6222 through 6232 of the Code.


More Definitions of Required Interest

Required Interest means a majority of the outstanding Common Units.
Required Interest means one or more Members having among them more than 51% of the Sharing Ratios of all Members.
Required Interest means one or more Limited Partners having among them more than 50% of the Percentage Interests of all Limited Partners in their capacities as such.
Required Interest has the meaning set forth in Section 3.3(a).
Required Interest means one or more Limited Partners having among them more than 50% of the Sharing Ratios of all Limited Partners in their capacities as such.
Required Interest means 5% of the outstanding Common Stock entitled to vote in the Election, based upon the number of outstanding shares of Common Stock most recently disclosed prior to the Advance Notice Date by the Corporation in a filing with the Securities and Exchange Commission.
Required Interest means, subject to and in accordance with Section 7.5, the applicable percentage of Membership Interests of all Members required to authorize or approve a relevant act of the Company, including, without limitation, a Majority Interest, a Super-Majority Interest or all Membership Interests, as applicable.