Two-Thirds Majority definition

Two-Thirds Majority means the Limited Partners holding more than Sixty-Six and Sixty-Six Hundredths percent (66.66%) of the Percentage Interests of the Limited Partners.
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Two-Thirds Majority means a vote of two-thirds of trustees present at a meeting. It is calculated by multiplying the number of trustees present by .66 and rounding up to the nearest whole number e.g., 11 x .66 = 7.26 and would be rounded up to 8;
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Two-Thirds Majority means a vote supported by at least two-thirds (2/3) of those voting;
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Examples of Two-Thirds Majority in a sentence

  • In addition, the consent of the Two-Thirds Majority Holders shall be required to release (i) the Note Guarantee of any Subsidiary Guarantor from any of its obligations under such Note Guarantee or this Indenture or (ii) release any Collateral from the Liens securing the Notes for the benefit of the Holders of the Notes, in each case other than any such release in accordance with this Indenture and the Security Documents.

  • The consent shall set forth the actions so taken and be signed by a Two-Third's Majority of the Members or Directors.

  • The Members shall have the authority to amend the Articles of Organization and the Operating Agreement upon Two-Thirds Majority Consent except that in no case may the Articles of Organization or this Operating Agreement be altered in a way that would diminish the rights or value of the membership interest of any specific Member, or alter this Agreement in a way that would alter the rights of any specific Member, in a way that did not apply to Members generally, without that Member’s consent.

  • The provisions of this Section 7.6 may only be amended by a Two-Thirds Majority Vote.

  • The number of Managers may be amended by vote or written consent of a Two-Thirds Majority of the Membership Interest.


More Definitions of Two-Thirds Majority

Two-Thirds Majority means the affirmative vote of those Members holding more than Two-Thirds (2/3) of the Percentage Interests. With respect to the Board, “Super-Majority Vote” or “Two-Thirds Majority” shall mean the affirmative vote of more than two-thirds (2/3) of the Directors.
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Two-Thirds Majority means at least two-thirds of the votes cast, excluding abstentions.
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Two-Thirds Majority means the affirmative vote of more than two-thirds (2/3) of the Directors.
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Two-Thirds Majority. – shall mean Two-Thirds (2/3) of the Members present, and not disqualified from voting on a particular matter, or:
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Two-Thirds Majority means a vote of two‐thirds of trustees present at a meeting. It is calculated by multiplying the number of trustees present by .66 and rounding up to the nearest whole number e.g., 11 x .66 = 7.26 and would be rounded up to 8;
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Two-Thirds Majority means more than or equal to two-thirds of the number of Parties present and voting.
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Two-Thirds Majority always means two thirds of those present AND voting, or voting by proxy.
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