Common use of Majority Controls Clause in Contracts

Majority Controls. Resolutions in meetings of the Noteholders shall be adopted by a simple majority (50.01%), subject to any other specific provision herein requiring any other majority with respect to certain resolutions.

Appears in 3 contracts

Sources: Indenture (Tower Semiconductor LTD), Indenture (Tower Semiconductor LTD), Indenture (Tower Semiconductor LTD)