Majority Owners definition

Majority Owners means the Owners of at least 51% of the aggregate principal amount of the Bonds Outstanding.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) of the aggregate principal amount of the Bonds of a Series then Outstanding or all of the Bonds then Outstanding, as applicable in the context within which such reference is made.
Majority Owners means the Holders who own a majority of the voting rights of the Certificates as determined as set forth in Section 3.06.

Examples of Majority Owners in a sentence

  • To the extent that Sun-Ex fails to promptly cure any such failure following notice from the Majority Owners, then the Majority Owners shall have the right to cause such activities to be performed as are required for the Project to remain in compliance.

  • This Cell Owner Agreement contains all the Parties’ agreements and may not be modified in any other manner than by an instrument in writing executed by Sun-Ex and the Majority Owners.

  • However, if the Force Majeure event causes a delay for more than one hundred eighty (180) days, Majority Owners may terminate this Cell Owner Agreement.

  • Upon any such resignation, the Majority Owners shall have the right to appoint a successor Administrative Agent approved by the Seller (which approval will not be unreasonably withheld or delayed).

  • Buyer shall permit Majority Owners to review and approve each such Tax Return described in the preceding sentence a reasonable period of time prior to filing, which approval shall not be unreasonably withheld.


More Definitions of Majority Owners

Majority Owners. The Owner or Owners of Class A Certificates evidencing Percentage Interests in excess of 51% in the aggregate.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) in principal amount of the Outstanding Series 2019 Bonds.
Majority Owners means the Owners of greater than 50% of the aggregate principal amount of the Bonds Outstanding.
Majority Owners means the Beneficial Owners of more than 50% of the principal amount of the Series 2019A Bonds Outstanding.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) of the aggregate principal amount of the Series 2021 Bonds then Outstanding.
Majority Owners as used herein shall mean the Beneficial Owners of more than fifty percent (50%) of the principal amount of the Outstanding Series 2024 Bonds.
Majority Owners means the Beneficial Owners of more than fifty percent (50%) of the Outstanding Series of Bonds to which such reference is made and, if no such reference is made, shall mean the Beneficial Owners of more than fifty percent (50%) of the Outstanding Series 2018A-1 Bonds.