Majority Owner definition

Majority Owner means any person that owns:
Majority Owner has the correlative meaning.
Majority Owner see clause (b) of the definition ofChange of Control.”

Examples of Majority Owner in a sentence

  • The Bond is subject to optional redemption in whole but not in part, at the direction of the Borrower upon not less than 45 days written notice (or such shorter period as may be agreed to by the parties) to the Trustee and the Majority Owner Representative (which notice shall be unconditional and irrevocable), on any Interest Payment Date, at a redemption price equal to 100% of the principal amount thereof, plus accrued interest thereon to, but not including, the redemption date.

  • The Majority Owner may (but shall not be obligated to) appoint (with prompt notice thereof to the Issuer and the Borrower) a mortgage servicer to service the Loan for all or a portion of the term of the Loan.

  • Contractor Name Phone - - Street Address City , State Zip Type of Submission (check one) Bid Proposal Qualification Amendment Majority Owner (if any).

  • At any time when a Servicer has not been appointed or when a Servicer has been removed without appointment of a successor Servicer, pursuant to this Section 7.11, all references in this Indenture and in the Loan Documents to the Servicer shall be deemed to refer to the Majority Owner.

  • Any Servicer appointed hereunder may be removed at any time, with or without cause, by the Majority Owner, by written notice to the Issuer, the Trustee, the Borrower and the Servicer.


More Definitions of Majority Owner

Majority Owner means, with respect to an entity, another entity that has “beneficial ownership” (as defined in Rule 13(d)(3) under the Exchange Act) of more than 50% of the total voting power of all shares of the first entity’s Capital Stock that are entitled to vote generally in the election of directors.
Majority Owner means the Person who owns at least fifty-one percent (51%) in aggregate principal amount of Outstanding Bonds, or, if no single person owns at least fifty-one percent (51%) in aggregate principal amount of Outstanding Bonds, the person who is designated in writing to exercise the powers of “Servicer” and “Majority Owner” hereunder by persons who collectively own at least fifty-one percent (51%) in aggregate principal amount of Outstanding Bonds.
Majority Owner of a Person means the Person having “beneficial ownership” (as defined in Rule 13(d)(3) under the Exchange Act) of more than 50% of the total voting power of all shares of the respective Person’s Common Equity.
Majority Owner see clause (b) of the definition ofChange in Control.” “More than 30% Owner” – see clause (a) of the definition of “Change in Control.”
Majority Owner means Xxxxxx X. Xxxxxxxx.
Majority Owner means Safeway Inc., a Delaware corporation.
Majority Owner means Bertil Rydevik (personal identity no. 520609-5134), David Ridemar (personal identity no. 640617-0172), Hadar Cars (personal identity no. 640913-0330), Nils-Arne Holmudden (personal identity no. 510923-4855) and Jonas Åkerman (personal identity no. 631010-0190).