Substantial Majority definition

Substantial Majority as used in this context, means at least 60 percent.” Id. (citing 16 CFR § 24 260.12(b)(1)).
View Source
Substantial Majority means fifty-one percent (51%) or such other percentage as Lessor shall reasonably determine to be a material to Lessee’s business, financial condition or ability to perform any obligation to Lessor hereunder.
View Source
Substantial Majority means a portion of the bank's lending activity so significant by number and dollar volume of loans that the lending test evaluation would not meaningfully reflect its lending performance if consumer loans were excluded.
View Source

Examples of Substantial Majority in a sentence

  • Reports of the Partnership for tax purposes will be prepared on such method of accounting as will, in the opinion of the Accountant, be most advantageous to a Substantial Majority in Interest of the Partners.


More Definitions of Substantial Majority

Substantial Majority means a portion of the credit union's lending activity so
View Source

Related to Substantial Majority

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution.

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • Super Majority has the meaning set forth in Section 2.6(a)(ii).

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • absolute majority means the number of Councillors which is greater than half the total number of the Councillors of a Council;