Super Majority in Interest definition
Super Majority in Interest means one or more Members which hold, in the aggregate, in excess of seventy five percent (75%) of the aggregate of all Percentage Interests held by Members.
Super Majority in Interest means Members owning Membership Interests with Percentage Interests aggregating at least 662/3%.
Super Majority in Interest means, with respect to any agreement or vote of Investor Partners, Investor Partners whose combined Interests, at the time of the determination thereof, exceed 66% of the total Interests held by Investor Partners who are eligible to participate in such agreement or vote.
Examples of Super Majority in Interest in a sentence
The number of members on the Board may be increased (but not decreased) with the consent of a Super Majority In Interest.
This Agreement may be terminated at any time prior to the Effective Date with the approval of a Super Majority In Interest.
The Company’s external auditor shall be an entity nominated and selected by a Super Majority In Interest.
More Definitions of Super Majority in Interest
Super Majority in Interest means any Voting Member or group of Voting Members holding an aggregate of more than 70% of the Percentage Interests held by all Voting Members.
Super Majority in Interest means, with respect to the period from the date of this Agreement through the Borrowing Termination Date, at least two thirds (2/3) of each Class of Lenders.
Super Majority in Interest means, at any time of determination, the Secure Parties holding 67% of then-outstanding principal amount of Notes.
Super Majority in Interest means the Member(s) owning at least seventy-five percent (75%) of the issued and outstanding Units of the Company.
Super Majority in Interest means one or more Members whose aggregate Participation Percentage
Super Majority in Interest means, with respect to any referenced group of Members, a combination of any of such Members who, in the aggregate, own two-thirds (2/3) or more of the Membership Interests owned by all of such referenced group of Members.
Super Majority in Interest has the meaning specified in Section -------------------------- III.