Examples of Majority in a sentence
Any merger or consolidation of the Trust other than as described in the foregoing provisions of this Section 9.5 shall, in addition to the approval of the Trustees, require a Majority Shareholder Vote.
The Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Majority Lenders, and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans.
Mortgagor Refers to [Amphastar Nanjing Pharmaceuticals Inc.] Majority lender Refers to one or more lenders whose proportion in the total amount reaches or exceeds [51]%. Penalty interest rate Refers to the overdue penalty interest rate and/or the misappropriation penalty interest rate. Fee letter Refers to the fee letter signed by the borrower and relevant parties regarding the transactions under this contract.
No provision of this Agreement may be waived, modified, supplemented, or amended except in a written instrument signed by the Company and the Majority Investors.
Any Default Rate interest shall be due and payable in cash on demand by the Administrative Agent or the Majority Lenders.