Common use of Voting Control Clause in Contracts

Voting Control. Voting Control" means the right to vote 50% or more of the securities having the right to elect the directors of a corporation or the right to designate a majority of the general partners of a partnership.

Voting Control. Voting Control" means the right to vote 50% or more elect a majority of the securities having the right to elect the directors of a corporation or corporation, the right to designate a majority of the general partners of a partnership, or the right to receive fifty percent (50%) or more of the profits of a partnership.