Supermajority Sample Clauses

Supermajority. For supermajority approval, two thirds of responding contributors must vote in favor.
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Supermajority. A supermajority vote of two-thirds (2/3) of the voting members of the Board shall be required to approve the annual Department budget and all decisions or actions requiring the allocation of funds.
Supermajority. Members holding more than sixty-six and two-thirds percent (66.67%) of the Percentage Interest of the Company
Supermajority. Subject to the other provisions of this Agreement and the Members Agreement, none of the following actions by BOX Holdings shall be effective, and no Member, Director, Officer or employee of BOX Holdings shall take any action to cause any of the following to occur, unless approved by a vote of Members holding at least 67% of all outstanding Voting Units:
Supermajority. The following actions shall require approval by a supermajority of the Interoperability Committee: (a) the proposed addition of a new Party, (b) a proposal to require connectivity to interoperability hubs other than the Central US IOP Hub as a condition to becoming or remaining a Party, (c) removal of an officer as provided in Section 8.C., (d) rescinding a previously imposed requirement for approval by supermajority with respect to an action, and (d) establishing criteria for entry of an Additional Party other than those criteria set out in Section VII (A), (B), or (C) in the main body of the Agreement. The foregoing is not an exclusive list of the actions that a majority of the Interoperability Committee may determine shall require a supermajority vote for approval.
Supermajority. Seventy-five percent (75%) of all Board directors present and voting on a particular action.
Supermajority. The affirmative vote or consent of greater than eighty percent (80%) of the Percentage Interests of the Members or the Senior Members, as the case may be, provided that: (i) for purposes of any decision, consent or approval made on or prior to the Trigger Date in connection with a Strategic Transaction, the term "Supermajority" shall mean the affirmative vote or consent of greater than eighty percent (80%) of the Percentage Interests of the Senior Members other than Acacia; and (ii) for purposes of any decision, consent or approval in connection with any matter described in Section 4.1(a), 4.1(c), 4.1(d), 4.1(e), 4.1(f), 4.1(g), 4.1(h) or 4.1(j), unless relating to the sale, transfer or disposition of the Company or its assets in its or their entirety in a transaction in which the implicit value of the Company is at least *** or unless relating to matters described in the proviso in Section 4.1 which addresses Strategic Transactions, the term Supermajority shall mean the affirmative vote or consent of greater than eighty percent (80%) of the Percentage Interests of the Initial Members.
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Supermajority. (i) In the event either Tikkurila or Bxxxxx owns 10% or less of the outstanding shares of capital stock of the Company, MxXxxxxxx shall have the right to purchase from each of Bxxxxx and Tikkurila all of its shares, and each of Bxxxxx and Tikkurila shall have the right to sell to MxXxxxxxx all of its shares, on the terms set forth in this paragraph 6(b) (the "Supermajority Put/Call"). MxXxxxxxx, on the one hand, and Tikkurila or Bxxxxx, on the other hand, shall exercise their rights by delivering written notice to the other parties hereto (the "Supermajority Put/Call Notice").
Supermajority. For purposes of this Agreement, a Supermajority shall be defined as more than 75% of the Membership Interests.
Supermajority. Supermajority" means an affirmative vote or consent of the Member or Members owning an aggregate of at least eighty percent of the Percentage Interests.
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