Share Majority definition

Share Majority means a majority of the total votes that may be cast in the election of Directors by holders of all Outstanding Voting Shares.
Share Majority means a majority of the Outstanding Voting Shares, voting together as a single class.
Share Majority means a majority of the Outstanding Common Shares.

Examples of Share Majority in a sentence

  • An amendment to this Agreement shall be effective upon its approval by the General Partner and, except as otherwise provided by Section 13.1 or Section 13.3, the holders of a Share Majority, unless a greater or different percentage of Outstanding Shares is required under this Agreement.

  • Upon dissolution, removal or resignation of the Liquidator, a successor and substitute Liquidator (who shall have and succeed to all rights, powers and duties of the original Liquidator) shall within 30 days thereafter be approved by holders of at least a Share Majority.

  • Any such action by such holders for removal of the General Partner must also provide for the election of a successor General Partner by the holders of a Share Majority.

  • Any such action by such holders for removal of the General Partner must also provide for the election of a successor General Partner by the Shareholders holding a Share Majority (including Shares held by the General Partner, the Existing Owners and their permitted transferees and their respective Affiliates).

  • The Liquidator (if other than the General Partner) shall agree not to resign at any time without 15 days’ prior notice and may be removed at any time, with or without cause, by notice of removal approved by holders of a Share Majority.


More Definitions of Share Majority

Share Majority means a majority of the votes entitled to be cast by the holders of the Outstanding Voting Shares.
Share Majority means a majority of the total votes that may be cast in the election of Directors by holders of all Outstanding Voting Shares. “Solicitation Notice” has the meaning assigned to such term in Section 11.11(c).
Share Majority means (i) during the Subordination Period, a majority of the Outstanding Class A Shares (excluding Class A Shares owned by the General Partner or its Affiliates), voting as a class, and a majority of the Outstanding Class B Shares, voting as a class, and (ii) after the end of the Subordination Period, a majority of the Outstanding Class A Shares and Class B Shares, voting together as a single class.
Share Majority means a majority of the Outstanding Shares, voting together as a single class.
Share Majority means a majority of the total votes that may be cast by holders of all Outstanding Voting Stock.
Share Majority means a majority of the total votes that may be cast in the election of Directors by holders of all Outstanding LLC Shares.
Share Majority means a majority of the total votes that may be cast in the election of Directors by holders of all Outstanding Voting Shares. “Shareholders Agreement” means the Shareholders Agreement expected to be entered into by and among New Fortress Holdings and the