Majority Interest. A Majority Interest shall be required to approve (A) the amount of Available Cash with respect to each Quarter, (B) any action that pursuant to an express provision of this Agreement requires the approval of a Majority Interest, or (C) any other action that requires the approval of the Management Committee but does not expressly require the approval of a Unanimous Interest, an Ultramajority Interest, or a Supermajority Interest.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Piedmont Natural Gas Co Inc)
Majority Interest. A Majority Interest shall be required to approve (A) the amount of Available Cash with respect to each Quarter, Quarter and (B) any other action that that, pursuant to an express provision of this Agreement Agreement, (1) requires the approval of a Majority Interest, Interest or (C2) any other action that requires the approval of the Management Committee but does not expressly require the approval of a Unanimous Interest, an Ultramajority Interest, or a Supermajority Interest.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Spectra Energy Partners, LP)
Majority Interest. A Majority Interest shall be required to approve (A) the amount of Available Cash with respect to each Quarterany other action that, (B) any action that pursuant to an express provision of this Agreement Agreement,
(A) requires the approval of a Majority Interest, Interest or (CB) any other action that requires the approval of the Management Committee but does not expressly require the approval of a Unanimous Interest, an Ultramajority Interest, or a Supermajority Interest.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Duke Energy Corp)