Outstanding definition
Examples of Outstanding in a sentence
Subject to the provisions of any class or series of Interests of any Company Series then Outstanding, the Members shall be entitled to vote only on those matters provided for under the terms of this Agreement.
Members holding no less than fifty percent (50%) of Outstanding Interests, present in person or by proxy, shall constitute a quorum for Company meetings.
To the extent the amount of any Cash Collateral exceeds the then Outstanding Amount of such L/C Obligations and so long as no Event of Default has occurred and is continuing, the excess shall be refunded to the Lead Borrower.
This Agreement forms part of an integrated cooperation structure among Outstanding Investment Co., Inc.
A proposed amendment affecting all of the Members of all of the Company Series shall be effective upon its approval by the affirmative vote of the holders of not less than a majority of the Outstanding Interests of all Company Series, voting together as a single class, unless a greater percentage is required under this Agreement or by Delaware law.