Required Interest definition

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

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 Certificate Principal Balance 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

• On each Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Transfer Date on funds on deposit in the Interest Reserve Account shall be retained in the Interest Reserve Account to the extent that the Required Interest Reserve Amount exceeds the amount on deposit in the Interest Reserve Account.

• To the extent that the amount on deposit in the Interest Reserve Account exceeds the Required Interest Reserve Amount (after taking into effect any withdrawals required to be made on such Transfer Date), the amount of such excess shall be withdrawn from the Interest Reserve Account and distributed to the Swap Counterparty on such Transfer Date.

• The Partnership may merge or consolidate with or into another business entity, or enter into an agreement to do so, with the consent of the General Partner and a Required Interest.

• With respect to any matter, other than a matter for which the affirmative vote of the holders of a specified portion of the Sharing Ratios of all Members entitled to vote is required by the Act, the affirmative vote of a Required Interest at a meeting of Members at which a quorum is present shall be the act of the Members.

• If such meeting is adjourned by the Members, such time and place shall be determined by a vote of the Members holding the Required Interest.

More Definitions of Required Interest

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 a majority of the outstanding Common Units.

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

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

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 means, subject to and in accordance with Section 7.5, the applicable percentage of Membership Interests of all Members required to authorize or approve a relevant act of the Company, including, without limitation, a Majority Interest, a Super-Majority Interest or all Membership Interests, as applicable.