Required Interest definition

Required Interest shall have the meaning specified in the Standard Terms.

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Required Interest. Unless otherwise specified in the related Series Supplement, with respect to the Outstanding Certificates of any Series or any Class thereof, the accrued and undistributed interest on the Stated Amount or Notional Amount of such Outstanding Certificates computed at the applicable Pass Through Rate.

Required Interest means one or more Limited Partners having among them more than 50% of the Percentage Interests of all Limited Partners in their capacities as such.

Examples of Required Interest in a sentence

• The Members’ consent or vote of not less than a Required Interest shall be required to cause the Company to do anything set forth in this Section, except as otherwise set forth in this Agreement.

• Upon dissolution of the Company, the Manager or, in the absence of a Manager, a liquidator appointed by a Required Interest, shall liquidate remaining Company Assets, apply and distribute the proceeds derived from the liquidation of the remaining Company Assets as contemplated by this Agreement, and cause the cancellation of the Company’s Certificate of Formation.

• Any amendments not similar to the foregoing or as otherwise permitted by this Agreement or the power of attorney as set forth in Exhibit A shall require the written consent or vote of a Required Interest.

• Required Interest means the vote or consent of greater than fifty percent (>50%) of the Membership Interests entitled to vote.

More Definitions of Required Interest

Required Interest means a majority of the outstanding Common Units.

Required Interest means one or more Class B Limited Partners having among them more than 50% of the Class B Percentage Interests of all Limited Partners in its or their capacities as such.

Required Interest means one or more Members having among them more than 51% of the Sharing Ratios of all Members.

Required Interest means 5% of the outstanding Common Stock entitled to vote in the Election, based upon the number of outstanding shares of Common Stock most recently disclosed prior to the Advance Notice Date by the Corporation in a filing with the Securities and Exchange Commission.

Required Interest has the meaning set forth in Section 3.3(a).

Required Interest means the vote or consent of greater than fifty percent (>50%) of the Membership Interests entitled to vote.

Required Interest means the Members holding the applicable Units required to authorize or approve the relevant act of the Company, including Majority Interest or Supermajority Interest.