Vote Limit definition

Vote Limit means the percentage interest specified in a Vote Limit Certificate by a Vote Limited Member pursuant to which such Member (together with such Vote Limited Member’s affiliates) will be irrevocably limited to such Vote Limit in any vote taken under Sections 2.1, 2.8, 2.9 and 8.2.
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Vote Limit means the percentage interest specified in writing by a Vote Limited Record Holder pursuant to which such Record Holder (together with any other Vote Limited Record Holder that joined such Vote Limited Record Holder in its written request to be designated as such) will be irrevocably limited to such Vote Limit in any vote taken under Section 3.5 herein.
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Vote Limit means the percentage interest specified in a Vote Limit Certificate by a Vote Limited Member of the applicable Series pursuant to which such Member (together with such Vote Limited Member’s affiliates) will be irrevocably limited to such Vote Limit in any vote taken under Section 2.01, Section 2.08, Section 2.09 and Section 8.02 with respect to the applicable Series.
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Examples of Vote Limit in a sentence

  • I further acknowledge and agree that any affiliate of the Vote Limited Member shall be deemed to be a Vote Limited Member and shall be subject to the Vote Limit.

  • I further acknowledge my understanding that the designation as a Vote limited Member is irrevocable and the that the Vote Limit set forth herein can be further reduced by written notice to the Company, but cannot be increased by the Vote Limited Member.

  • I further acknowledge my understanding that the designation as a Vote limited Member is irrevocable and that the Vote Limit set forth herein can be further reduced by written notice to the Company, but cannot be increased by the Vote Limited Member.

  • Any Member that beneficially owns 10% or more of the Outstanding Interests (excluding Interests beneficially owned by the Managing Member) may provide the Company with a Vote Limit Certificate in the form of Exhibit A that, from the effective date set forth in such notice (or if no such effective date is indicated, the date such notice is received by the Company), such Member shall be subject to a Vote Limit.

  • The indemnity for the case of death cannot be accumulated with that for permanent invalidity.

  • I hereby certify, acknowledge and agree that, irrespective of the actual number of Interests beneficially owned by the Designated Vote Limited Member (including Interests beneficially owned by such Designated Vote Limited Member’s Affiliates), the Designated Vote Limited Member together with its Affiliates shall not be entitled to vote more than the Vote Limit, 10%, on any matter put to a vote of the Company’s Members.

  • Any Interests beneficially owned by such Vote Limited Member in excess of the Vote Limit shall not constitute Voting Interests for any purposes of this Agreement for so long as such Interests are beneficially owned by such Vote Limited Member or any affiliate of such Vote Limited Member.

  • This Vote Limit Certificate shall have no force or effect with respect to any successor, assignee or transferee of the Designated Vote Limited Member’s Interests other than any successor, assignee or transferee that, at the time of such transaction, is an Affiliate of the Designated Vote Limited Member.

  • I further acknowledge and agree that any Affiliate of the Designated Vote Limited Member shall be deemed to be a Vote Limited Member and shall be subject to the Vote Limit.

  • If the poll is private, only people with the link can participate in the vote.• Vote Limit: Limits the number of people that can participate in the poll.• Time Limit: This is a requirement as the account will eventually run out of Ether.


More Definitions of Vote Limit

Vote Limit means a Class A share as to which its Record Holder irrevocably revokes and relinquishes the voting rights attributable to such Class A share such that it will not be considered Outstanding for voting or quorum purposes.
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Vote Limit means 10%, the percentage interest pursuant to which a Vote Limited Member (together with such Vote Limited Member’s affiliates) will be irrevocably limited to vote in any vote taken hereunder.
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Related to Vote Limit

  • Vote Limited Member means any Member who beneficially owns 5% or more of the outstanding Class A shares (excluding Masterworks Shares) submits a Vote Limit Certificate to the Board which designates such Member as a Vote Limited Member, either separately or jointly with one or more other Members.

  • Vote Limit Certificate means a certificate in substantially the form attached hereto as Exhibit B which is delivered to the Company in accordance with Article 8.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Lower explosive limit (LEL) means the concentration of a compound in air below which a flame will not propagate if the mixture is ignited.

  • Overall Share Limit means the sum of (i) 32,045,000 Shares; and (ii) an annual increase on the first day of each calendar year beginning January 1, 2022 and ending on and including January 1, 2031, equal to the lesser of (A) 3% of the aggregate number of shares of Common Stock outstanding on the final day of the immediately preceding calendar year and (B) such smaller number of Shares as is determined by the Board.