two-thirds definition
two-thirds means not less than two-thirds of trustees present and eligible to vote or not-less than two-thirds of all trustees eligible to vote.
two-thirds vote means and includes two-thirds of the legal votes cast;
two-thirds. Vote” – shall mean a vote where at least two-thirds’ of the Members present, and eligible to vote, vote in the same manner.
More Definitions of two-thirds
two-thirds means rounded down to the nearest whole number.
two-thirds vote means two-thirds of the legal votes cast;
two-thirds of the Lenders means Lenders having Commitments aggregating at least two-thirds of the Aggregate Commitment except that if the Borrowers' Borrowing Rights have terminated or for purposes of Section 7.2 (Action on Event of Default), Two-Thirds of the Lenders means Lenders having two thirds of the aggregate unpaid principal amount of all Loans to the Borrowers. Unfunded Amount shall have the meaning assigned to such term in Section 2.3.
two-thirds or “two-thirds vote” means two-thirds of those present and qualified
two-thirds means only at least (as opposed to “more than”) 2/3, thus:
two-thirds means a whole number greater than or equal to the quotient of the number of persons present at any meeting or proceeding divided by one-and-one-half. If the total number of persons present is not evenly divisible by one-and-one-half, “Two-Thirds” means a whole number greater than or equal to the whole number that is greater by less than one than the quotient of the number of persons present at any meeting or proceeding divided by one-and-one-half.
two-thirds means in the case of the Investors (a) prior to the Closing, Investors having submitted Definitive Subscription Documents for at least two-thirds in dollar amount of the Definitive Subscription Documents of all Investors at the time in question and (b) after the Closing, Investors holding at least two-thirds of the North Country Shares held by all Investors at the time in question.