Majority of Owners definition

Majority of Owners means a majority (or any greater percentage that may be specifically required for a particular action or authorization by the terms of this Declaration) of the total voting power of the Members of the Association.

Majority of Owners means those owners holding 51 per cent of the votes in accordance with the percentages assigned in the declaration;

Majority of Owners means and refer to the holders of more than fifty (50%) percent of the total Votes of the Members.

Examples of Majority of Owners in a sentence

• Modification of Trust Agreement and Supplemental Agreements with Consent of a Majority of Owners of Obligations; Restrictions on Modifications; Notice of Supplemental Agreements 41 Section 1103.

• Article II, entitled “Voting, Majority of Owners, Quorum, Proxies” provides: Section 1.

• Except as otherwise provided in this Declaration, all votes required for action of the Association as set forth in this Declaration shall require a Majority of Owners.

• Modification of Loan Agreement With Consent of Majority of Owners 55 Section 1303.

• The Sole Member currently operates and maintains facilities located at with beds and nothing herein is intended to restrict the Sole Member’s operations at such facility as they exist on the date hereof; provided that the Sole Member agrees not to expand the services currently provided for at such facility or increase the number of beds in such facility, except with the prior written consent of a Majority of Owners.

More Definitions of Majority of Owners

Majority of Owners or "Majority of Members" means, for voting purposes, a number of votes greater than one/half (1/2) of all votes held by all the Owners or Members.

Majority of Owners means the Owners of more than fifty percent (50%) of the aggregate interest in the Common Elements. Any specified percentage of Owners means such percentage in the aggregate of such undivided ownership.

Majority of Owners means a majority of the Block Owners, where Block Owners have one vote per individual Flat or Unit;

Majority of Owners means, unless otherwise expressly indicated, more than fifty percent (50%) of the total number of Lots, and the term “Majority of

Majority of Owners. Majority of Members”) means the number of owners (members) representing a total of fifty-one (51) percent or more of the basic value of the Property as a whole, in accordance with the percentages specified in the Master Deeds.

Majority of Owners means the holders or beneficial owners of, collectively, more than 50% of the aggregate principal amount of all Outstanding Bonds. The Trustee may require Bondholders or beneficial owners to provide such evidence of ownership of Bonds as the Trustee may reasonably require in making any determinations hereunder, which evidence may include, without limitation, written statements from one or more DTC Participants attesting to the beneficial ownership of the Bonds.

Majority of Owners means 51% of total votes or 60% of the owner’s present in person, fraction being ignored.