Voting Ratio definition
Examples of Voting Ratio in a sentence
In consideration for the Purchasers Initial Contribution and the Purchasers willingness to enter into the Operating Agreement, upon the terms and subject to the conditions set forth in this Agreement, the Company shall issue to the Purchaser, upon receipt of each contribution installment, an amount of Membership Units equal to a % Voting Ratio.
VPC shall be entitled to designate a number of Designees which shall result in such Designees representation on the Board being as close as possible (after CDPQ designates its Designees) to VPC's Voting Ratio.
In the event this Section 3.1(b) be invalidated on any ground by a court of competent jurisdiction, the Voting Ratio shall be the Sharing Ratio for specific matters as required by law but not on all matters that require a vote of the Members under this Agreement.
In consideration for the Purchaser=s Initial Contribution and the Purchaser=s willingness to enter into the Operating Agreement, upon the terms and subject to the conditions set forth in this Agreement, the Company shall issue to the Purchaser, upon receipt of each contribution installment, an amount of Membership Units equal to a % Voting Ratio.
In the event this Section 3.1(b) be invalidated on any ground by a court of competent jurisdiction, the Voting Ratio shall be the Sharing Ratio for specific matters as required by law but not on all matters that require a vote of the Partners under this Limited Partnership Agreement.
If a Class A Partner fails to contribute its proportional share of the Additional Capital Contributions, its Sharing Ratio and/or Voting Ratio shall be decreased by the General Partner.