Weighted Majority definition

Weighted Majority means the votes of 51 per cent of those represented after the votes are weighted by the percentage that applies under Ontario Regulation 139/96 for Municipal Levies.
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Weighted Majority means either (a) Signatory Airlines which, in the aggregate, landed eighty-five percent (85%) or more of the landed weight of all Signatory Airlines for the preceding twelve-month period for which records are available, or (b) all but one of the Signatory Airlines regardless of landed weight.
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Weighted Majority means the votes of 51 percent of those represented after the votes are weighted by the percentage that applied under this definition in 1997 for each municipality.
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Examples of Weighted Majority in a sentence

  • At the meeting of the Authority at which the Non-Matching Levy is to be approved, the Secretary-Treasurer shall conduct the vote to approve of Non-Matching Levy by a Weighted Majority of the Members present and eligible to vote, in accordance with Ontario Regulation 139/96.

  • At the meeting of the Authority at which the Non-Matching Levy is to be approved, the Secretary- Treasurer shall conduct the vote to approve of Non-Matching Levy by a Weighted Majority of the Members present and eligible to vote, in accordance with Ontario Regulation 139/96.

  • In addition, this model describes a variant of the Weighted Majority Algorithm (WMA) [15] in order to fine tune the weight of advisers for the purpose of deception detection after actual successful or unsuccessful interactions.

  • For purposes of apportioning votes on the basis of population, the same method shall be applied to apportioning Executive Committee votes as is applied to apportioning General Assembly votes under Article III, Section A.4.b. If a question shall receive a number of weighted votes greater than half of the total number of weighted votes cast, the question shall be determined to have received Weighted Majority approval.

  • If a question shall receive a number of weighted votes greater than half of the total number of weighted votes cast, the question shall be determined to have received Weighted Majority approval.

  • The Weighted Sum, Weighted Majority and DLR methods update weights sequentially as each data point is received.

  • Except as provided in Article III, Section B.5.c. below, no question shall be determined to be approved without receiving both a Majority and a Weighted Majority of votes cast.

  • At the meeting of the Authority at which the Non-Matching Levy is to be approved, the General Manager-Secretary Treasurer shall conduct the vote to approve of Non-Matching Levy by a Weighted Majority of the Members present and eligible to vote, in accordance with Ontario Regulation 139/96.

  • Except as provided in Article III, Section A.5.c. below, no question shall be determined to be approved without receiving both a Majority and a Weighted Majority of votes cast.

  • Weighted Majority means the vote of 51% of those present after the votes are weighted by the percentage of discounted equalized assessment for each municipality 3.0 Policies and Procedures The regulation for non-matching levies comes into effect when the voting taking place is to clearly establish the levy.


More Definitions of Weighted Majority

Weighted Majority means the votes of 51 percent of those represented in accordance with Section 2.2 and shall apply with regard to the Conservation Authority budget.
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Weighted Majority means the votes of 51 per cent of those represented after the votes are weighted by the percentage that applied under this definition in 1997 for each municipality. O. Reg. 139/96, s. 1 (1); O. Reg. 231/97, s. 1 (1); O. Reg. 106/98, s. 1.
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Weighted Majority means the votes of 51 per cent of those represented after the votes are weighted by the percentage that applies under Ontario Regulation 139/96 for Municipal Levies.3 Governance Members 3.1.1 AppointmentsParticipating Municipalities within the jurisdiction of the Cataraqui Region Conservation Authority may appoint Members in accordance with Section 14 of the Act. The members of the Board are the appointed representatives of the Participating Municipalities. 3.1.2 Term of Member AppointmentsA Member shall be appointed for a term of up to four years at the discretion of the appointing municipal council; such term beginning at the first meeting of the Authority following his or her appointment and ending immediately before the first meeting of the Authority following the appointment of his or her replacement. The General Manager shall notify the appropriate municipality in advance of the expiration date of any Member’s term, unless notified by the municipality of the Member’s reappointment or the appointment of his or her replacement. A Member is eligible for reappointment. A Member can be replaced by a Participating Municipality at the municipality’s discretion prior to the end of their term. 3.1.3 Powers of the BoardThe Board may, by resolution:
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Weighted Majority means the vote of 50.1% of all ParticipatingMembers, weighted by Member Category with each Member Category being allocated an equal percentage of the total vote. By way of example, but not limitation, as long as there are five (5) Member Categories, each Member Category will be allocated twenty percent (20%) of the total vote on each matter coming before the Members. Each Member Category shall have its equal percentage of the total vote regardless of (i) the number of Participating Members that are part ofany Member Category; (ii) how many Participating Members of such Member Category are present in person or by remote communication or represented by proxy at the meeting; and (iii) the number of Participating Members voting on a particular item. Notwithstanding anything to the contrary in these Bylaws, in the event that any Executive Designee has been appointed and is currently in office pursuant to Section 5.10(c) of these Bylaws, such Executive Designee is entitled to cast one (1) vote within its Member Category as to each matter submitted to a vote of the Participating Members, any reference in these Bylaws to the Participating Members in connection with a Member vote shall be deemed to include all Executive Designees, and the vote of an Executive Designee shall be considered a Participating Member vote in the applicable Member Category for all purposes under these Bylaws, in each case other than with respect to elections of Directors or Designated Participating Members.To determine whether a matter has received the approval of a “Weighted Majority” of the Participating Members: (A) the number of Participating Members in each Member Category casting a vote in favor of a particular item shall be, divided by (B) the total number of Participating Members in that Member Category present in person, by remote communication or represented by proxy at the meeting and entitled to vote on the subject matter and that quotient shall then be divided by (C) the number of Member Categories of the Corporation as of the date of such vote, to determine the percentage of such Member Category in favor of such matter. The percentages so derived for each Member Category shall be aggregated, and if the aggregate is at least 50.1%, the matter shall be approved, and if the aggregate is less than 50.1%, the matter shall be rejected.
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Related to Weighted Majority

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.7

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution. Act and Interpretation Act Definitions Applicable

  • Age of majority means the age when the procedural safeguards and other rights afforded to the parent or parents of a student with a disability transfer to the student. In Virginia, the age of majority is 18.

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • vote of a majority of the outstanding voting securities" shall mean the vote, at a meeting of Holders, of the lesser of (a) 67 per centum or more of the Interests in the Trust present or represented by proxy at the meeting if the Holders of more than 50 per centum of the outstanding Interests in the Trust are present or represented by proxy at the meeting, or (b) more than 50 per centum of the outstanding Interests in the Trust. The terms "Holders" and "Interests" when used herein shall have the respective meanings specified in the Declaration of Trust of the Trust.

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Note Majority means a majority by principal amount of the Noteholders.

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Simple Majority means a decision made by the Management Committee by more than 50 percent of the votes represented and entitled to be cast at a meeting thereof.

  • absolute majority , of the Committee, means a majority of the committee members currently holding office and entitled to vote at the time (as distinct from a majority of committee members present at a committee meeting);

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.

  • Majority (as defined in the 0000 Xxx) of the Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the Board of Directors who are not "interested persons" (as defined in said Act) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. This Agreement is terminable, without penalty, on 60 days' written notice, by the Board of Directors of the Fund or by vote of holders of a majority of the Fund's shares, or upon 90 days' written notice, by the Adviser. This Agreement will also terminate automatically in the event of its assignment (as defined in said Act).

  • Super Majority Banks means at any time Banks having at least 85% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing at least 85% of the aggregate unpaid principal amount of the Loans.

  • Supermajority means, with respect to any Class of Notes, the holders of at least 66-2/3% of the Aggregate Outstanding Amount of the Notes of such Class.

  • Majority in Liquidation Amount of the Preferred Securities means a vote by the Holder(s), voting separately as a class, of more than fifty percent (50%) of the aggregate Liquidation Amount of all then outstanding Preferred Securities issued by the Issuer.

  • Super Majority Lenders means a Lender or Lenders whose Revolving Facility Commitments aggregate more than eighty five per cent. (85%) of the Total Facility Commitments (or, if the Total Facility Commitments have been reduced to zero, aggregated more than eighty five per cent. (85%) of the Total Facility Commitments immediately prior to that reduction).

  • Majority Noteholders means the Holders of the Notes representing a majority of the principal balance of the most senior Class of Notes then outstanding.

  • Majority in Interest of the Partners means Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners entitled to Consent to or withhold Consent from a proposed action.

  • Majority in liquidation amount of the Capital Securities means Holder(s) of outstanding Capital Securities, voting together as a class, but separately from the holders of Common Securities, of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all Capital Securities then outstanding.

  • Majority in Interest of Noteholders means, as of a particular date of determination and subject to Section 2.16 of the Indenture, the holders of at least a majority in aggregate unpaid principal amount of all Equipment Notes outstanding as of such date (excluding any Equipment Notes held by the Company or any Affiliate thereof, it being understood that a Pass Through Trustee shall be considered an Affiliate of the Company as long as more than 50% in the aggregate face amount of Pass Through Certificates issued by the corresponding Pass Through Trust are held by the Company or an Affiliate of the Company or a Pass Through Trustee is otherwise under the control of the Company or such Affiliate of the Company (unless all Equipment Notes then outstanding are held by the Company or any Affiliate thereof, including the Pass Through Trustees which are considered Affiliates of the Company pursuant hereto)); provided that for the purposes of directing any action or casting any vote or giving any consent, waiver or instruction hereunder, any Noteholder of an Equipment Note or Equipment Notes may allocate, in such Noteholder’s sole discretion, any fractional portion of the principal amount of such Equipment Note or Equipment Notes in favor of or in opposition to any such action, vote, consent, waiver or instruction.

  • Majority in Interest of the Members means Members whose Percentage Interests aggregate to greater than fifty percent of the Percentage Interests of all Members.

  • Majority in Liquidation Amount means, with respect to the Trust Securities, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Single Series Extraordinary Resolution means a resolution passed at a meeting of Noteholders duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 14(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions) by a majority of: