Majority Owners definition
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.