Majority Vote definition

Majority Vote means the vote of the Members holding more than a 50 percent Share.
Majority Vote means the affirmative vote of Members holding (i) 67% or more of the voting power (determined in accordance with Section 3.3(i) hereof) present at any duly called meeting, if the holders of more than 50% of the outstanding voting power of the Company are present or represented by proxy; or (ii) more than 50% of the outstanding voting power of the Company, whichever is less; or such greater or lesser percentage vote as defined and currently in effect under the 1940 Act.
Majority Vote means the affirmative vote of over fifty percent (50%) of the Members.

Examples of Majority Vote in a sentence

Any Executive Management Committee member may be removed by a Majority Vote of the Board.

The Members may, by resolution passed at a general Meeting of Members of which notice specifying the intention to pass such resolution has been given, remove any Director before the expiration of the Director’s term of office and may, by Majority Vote, elect any qualified person in the Director’s stead for the remainder of the Director’s term.

In the event both the President and Vice President of theCorporation are absent, a Chairperson shall be selected by a Majority Vote from those in attendance at the meeting.

Questions arising at any meeting of Directors shall be decided by a Majority Vote.

Every question shall, unless otherwise required by the Act, Regulations, Letters Patent or By-laws, be determined by a Majority Vote duly cast on the question.


More Definitions of Majority Vote

Majority Vote. – shall mean a vote where over half of the Members present, and eligible to vote, vote in the same manner.
Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.
Majority Vote means the approval of, or the affirmative vote by, Members holding a majority of the Units held by Members.
Majority Vote means the vote of a majority in interest of the Trust Beneficiaries.
Majority Vote means the affirmative vote of a majority of the Board of Directors, including the affirmative vote of a majority of the Independent Directors.
Majority Vote means the vote or consent in person or by proxy of Stockholders owning more than 50% of the outstanding Shares.
Majority Vote means the vote of Shareholders holding Shares representing over fifty percent (50%) of the issued and outstanding Shares of the Trust (excluding any Shares held by the Manager or its Affiliates).