{"component": "definition", "props": {"groups": [{"samples": [{"hash": "aFyreMdFo4u", "uri": "/contracts/aFyreMdFo4u#majority-control", "label": "Asset Based Revolving Credit Agreement (RXO, Inc.)", "score": 37.0985626283, "published": true}, {"hash": "i0JAWYJHzBu", "uri": "/contracts/i0JAWYJHzBu#majority-control", "label": "Revolving Loan Credit Agreement (XPO, Inc.)", "score": 34.0978775024, "published": true}, {"hash": "9FnAfM4NRaI", "uri": "/contracts/9FnAfM4NRaI#majority-control", "label": "Revolving Loan Credit Agreement (XPO Logistics, Inc.)", "score": 32.5865859985, "published": true}], "size": 15, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [6, 21]}, {"key": "any-person", "type": "clause", "offset": [22, 32]}, {"key": "by-parent", "type": "clause", "offset": [100, 109]}, {"key": "of-securities", "type": "clause", "offset": [110, 123]}, {"key": "other-ownership-interests", "type": "clause", "offset": [127, 152]}, {"key": "ordinary-voting-power", "type": "definition", "offset": [185, 206]}, {"key": "in-the-case", "type": "clause", "offset": [211, 222]}, {"key": "general-partnership-interest", "type": "definition", "offset": [260, 288]}, {"key": "other-corporation", "type": "definition", "offset": [296, 313]}, {"key": "limited-liability-company", "type": "clause", "offset": [315, 340]}, {"key": "other-entity", "type": "definition", "offset": [370, 382]}, {"key": "subject-person", "type": "definition", "offset": [389, 403]}, {"key": "the-board-of-directors", "type": "clause", "offset": [480, 502]}, {"key": "the-subject", "type": "clause", "offset": [506, 517]}, {"key": "related-persons", "type": "definition", "offset": [568, 583]}, {"key": "the-accounts", "type": "clause", "offset": [641, 653]}, {"key": "the-parent", "type": "clause", "offset": [709, 719]}, {"key": "consolidated-financial-statements", "type": "definition", "offset": [736, 769]}, {"key": "in-accordance-with", "type": "clause", "offset": [813, 831]}, {"key": "majority-controlled", "type": "definition", "offset": [869, 888]}, {"key": "majority-controlling", "type": "definition", "offset": [895, 915]}], "snippet": "means with respect to any Person (the \u201cparent\u201d) at any date, (i) the ownership, control, or holding by parent of securities or other ownership interests representing 50% or more of the ordinary voting power or, in the case of a partnership, 50% or more of the general partnership interest of any other corporation, limited liability company, partnership, association or other entity (the \u201csubject person\u201d), (ii) occupation of 50% or more of the seats (other than vacant seats) on the board of directors of the subject person by Persons who were nominees, designees or Related Persons of parent, or (iii) any circumstances that could require the accounts of the subject Person to be consolidated with those of the parent in the parent\u2019s consolidated financial statements if such financial statements were prepared in accordance with GAAP as of such date. 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Indirect control shall be determined by multiplying the number of votes held by another legal person in that legal person (intermediary company) by the number of votes held by the holder of a participating interest in the intermediary company or companies. 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Terms such as \u201cMajority Controlled\u201d and \u201cMajority Controlling\u201d shall have corresponding meanings.", "title": "Majority Control", "id": "majority-control", "examples": ["<strong>Majority Control</strong>.......................................................", "<strong>Majority Control</strong>..........................................................", "<strong>Majority Control</strong>...........................................................", "Any such waiver must be in writing and be signed by the <strong>Majority Control</strong> Parties or the Trustee acting on behalf (and at the direction) of the <strong>Majority Control</strong> Parties.", "Executive may also own a majority or minority stake in the Company, and be a Holder of <strong>Majority Control</strong> of the Company either through the ownership of securities with certain rights or privileges or through contractual agreements, through one or more entities controlled by Executive.", "The <strong>Majority Control</strong> Parties, on behalf of all Noteholders, may waive any default by the Servicer in the performance of its obligations hereunder and its consequences.", "Unless otherwise approved in writing by the Administrative Agent, maintain at all times 100% ownership interest in each of the Grantors and in Macquarie Aviation North America, Inc., and a <strong>Majority Control</strong> over each Grantor and Macquarie Aviation North America, Inc.", "Such notice shall state the effective date of the resignation, which shall not be prior to the acceptance of the appointment by the successor Back-up Servicer which is reasonably acceptable to the <strong>Majority Control</strong> Parties.", "<strong>Majority Control</strong>.........................................................................", "Such notice shall state the effective date of the termination, which shall not be prior to the acceptance of the appointment by the successor Back-up Servicer which is reasonably acceptable to the <strong>Majority Control</strong> Parties."], "related": [["requisite-majority", "Requisite Majority", "Requisite Majority"], ["required-majority", "Required Majority", "Required Majority"], ["requisite-amount", "Requisite Amount", "Requisite Amount"], ["requisite-company-vote", "Requisite Company Vote", "Requisite Company Vote"], ["majority-vote", "Majority Vote", "Majority Vote"]], "related_snippets": [], "updated": "2026-02-10T05:59:35+00:00"}, "json": true, "cursor": ""}}