Share Majority definition

Share Majority means a majority of the total votes that may be cast in the election of Directors by holders of all Outstanding Voting Shares.
Share Majority means a majority of the Outstanding Voting Shares, voting together as a single class.
Share Majority means a majority of the Outstanding Common Shares.

Examples of Share Majority in a sentence

  • The Liquidator (if other than the Board of Directors) shall be entitled to receive such compensation for its services as may be approved by holders of a Share Majority.

  • A proposed amendment shall be effective upon its approval by a Share Majority, unless a greater percentage is required under this Agreement or by Delaware law.

  • The Liquidator (if other than the Board of Directors) shall agree not to resign at any time without 15 days’ prior notice and may be removed at any time, with or without cause, by notice of removal approved by holders of a Share Majority.

  • Upon dissolution, death, incapacity, removal or resignation of the Liquidator, a successor and substitute Liquidator (who shall have and succeed to all rights, powers and duties of the original Liquidator) shall within 30 days thereafter be approved by holders of a Share Majority.


More Definitions of Share Majority

Share Majority means a majority of the total votes that may be cast generally in the election of Directors (other than a Designated Director) by holders of all Outstanding Voting Shares, voting together as a single class.
Share Majority means a majority of the total votes that may be cast in the election of Directors by holders of all Outstanding Voting Shares. “Solicitation Notice” has the meaning assigned to such term in Section 11.11(c).
Share Majority means a majority of the votes entitled to be cast by the holders of the Outstanding Voting Shares.
Share Majority means (i) during the Subordination Period, a majority of the Outstanding Class A Shares (excluding Class A Shares owned by the General Partner or its Affiliates), voting as a class, and a majority of the Outstanding Class B Shares, voting as a class, and (ii) after the end of the Subordination Period, a majority of the Outstanding Class A Shares and Class B Shares, voting together as a single class.
Share Majority means a majority of the Outstanding Shares, voting together as a single class.
Share Majority means a majority of the total votes that may be cast by holders of all Outstanding Voting Stock.
Share Majority means a majority of the total votes that may be cast in the election of Directors by holders of all Outstanding GSD LLC Shares.