Majorities. Any reference herein to a majority of Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities; provided that whenever the consent or approval of Holders is required hereunder, any Registrable Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the required majority.
Majorities. Any reference herein to a majority of Holders or Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities and any reference herein to a majority of Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities the Holder of which is an Electing Holder with respect to such Registrable Securities; provided that whenever the consent or approval of Holders or Electing Holders is required hereunder, any Registrable Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the required majority.
Majorities. Decisions shall be taken by a majority of two-thirds (2/3) of the votes.
Majorities. The majorities required to approve a Resolution at any meeting convened in accordance with these rules shall be:
Majorities. Any determination of the Executive Committee in favour of treating a Nominated Site as a Trading Site shall require a simple majority of the votes cast by Committee Members at the relevant meeting provided that in the case of a Trading Site Application which falls to be considered under paragraph 5 the necessary majority shall be 75 per cent. of all the votes cast by Committee Members.
Majorities. Any reference herein to a majority of Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Transfer Restricted Securities; provided that whenever the consent or approval of Holders is required hereunder, any Transfer Restricted Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the required majority.
Majorities. The partners will, represented by the majority, will govern the operations of the Company. All partners, including the dissidents and the absent, will remain subject to the agreement of the Board, bearing in mind the right of partnership separation which will remain valid whenever applicable. Majority will occur when a number of partners representing 60% of the capital stock vote in favor of the agreement, with the exception of the events mentioned in the following paragraph and the applicable legislation. Notwithstanding the above, in order to increase or decrease the capital stock of the Company, extend, merge, transform, break-up or liquidate the Company, waive the first refusal right for cases of increase in the capital stock, partner exclusion, waiver of non-compete prohibitions for the administrators, by-laws' modifications and in any other instances as required by law, a vote representing at least 75% of the capital stock will be required. A majority of valid votes representing at least a third of the capital stock of the Company will suffice to determine the enforcement of a responsibility action against the administrators of the Company.
Majorities. All matters of the Company within the authority of the ---------- Board or of the shareholders meeting shall be decided by the favorable vote of a number of directors representing more than fifty per cent (50%) of the directors then holding office, whether directors or alternate directors replacing directors, in the case of the Board, or by a majority of more than fifty percent (50%) of the Shares, in the case of the shareholders meetings, subject to the following special rules:
Majorities. Resolutions shall be taken by the majorities of the totality of the co-owners in proportion that in each case are specified below: 1) By simple majority: only for this case will be computed the majority of the votes present, and will be to deal with the following matters: a) Any matter of administration that does not imply expenditures and expenses and does not impose a special majority; b) Determination of opening hours and total closure of access to parking lots; 2) By a majority of half plus one of votes: a) Any matter of mere administration that implies expenditures and expenses whenever not required by these Regulations a Special majority; b) Appoint and remove the members of the Board of Directors of the property and establish their attributions c) Resolve matters of common interest referred to in Article 10 of Law 13.512, fix salaries and wages to the doorman and other staff of the common building, appoint and remove any auxiliary administrative staff from the specific task of the administrator, whose function may be included in the employment contract, at the proposal of the Administrator; and d) modify the Internal Regulations. 3) By a majority of not less than two thirds of the votes: a) Resolve the sale of the land and materials in case of total or partial destruction of the common property, in accordance with the twelfth article of Law 13.512 and resolve the demolition and sale of the land and materials in case of old age of the building, according to the sixteenth article of the same law. b) Appoint the administrator or re-elect him, establish his remuneration and remove it, and modify the Co-ownership and Administration Regulations in which unanimity is not required for which unanimity is not required to resolve, grant special powers, except for the case that for resolution of Co-owners are required unanimity of xxxxx, in which case the special power will be conferred fulfilling this requirement. c) Resolve on the quality or destination of the occupation assigned to the respective parts of the building and about the proportion established for the units of exclusive property in consideration of the whole. 4) By unanimous consent of all co-owners: a) arrange for the realization of any new work or any modification of existing work that affects the common parts of the building and that are not of exclusive use of a sub-consortium; b) constitute mortgage or other real rights over the entire common property. In order to comply with the resolutions ...
Majorities. The decisions of the regular meeting shall be made by the affirmative vote of the absolute majority of the original face value represented thereat, while the decisions of the special meeting shall be made by the affirmative vote of two thirds (2/3) of the original face value of not canceled Securities represented thereat.
