Super Majority in Interest definition

Super Majority in Interest means one or more Members which hold, in the aggregate, in excess of seventy five percent (75%) of the aggregate of all Percentage Interests held by Members.
Super Majority in Interest means Members owning Membership Interests with Percentage Interests aggregating at least 662/3%.
Super Majority in Interest means, with respect to any agreement or vote of Investor Partners, Investor Partners whose combined Interests, at the time of the determination thereof, exceed 66% of the total Interests held by Investor Partners who are eligible to participate in such agreement or vote.

Examples of Super Majority in Interest in a sentence

  • If Members representing a Super-Majority in Interest indicate an affirmative desire to join with the Initiating Member (the “Designating Members”), then the Company shall furnish to such Designating Members the name, address and email address of each such Designating Member (an “Information Notice”) for the purpose of their selecting a Member Representative (as defined below) as described below.

  • Our Operating Agreement can be amended only by the written consent of the Manager and the vote or written consent of a Super-Majority in Interest.

  • First, lightning is the predominant source of NOx in the upper tropical troposphere as the mixing ratios drop to near zero when excluding it, and a model run excluding aircraft NOx does not show significant differences compared to the baseline scenario.

  • The presence, in person or by proxy, of a Majority in Interest (or a Super- Majority in Interest if the action being taken at the meeting requires a Super-Majority in Interest to approve such action) shall constitute a quorum for the transaction of business by the Members.

  • Elections of the Managers shall not be required to be held at any regular frequency, but, instead, shall be held upon the determination of the Members by vote of a Super-Majority in Interest (at which time, the number of Managers to be elected and the election of any such Manager shall be by the affirmative vote of a Super- Majority in Interest).


More Definitions of Super Majority in Interest

Super Majority in Interest means, with respect to the period from the date of this Agreement through the Borrowing Termination Date, at least two thirds (2/3) of each Class of Lenders.
Super Majority in Interest means, at any time of determination, the Secure Parties holding 67% of then-outstanding principal amount of Notes.
Super Majority in Interest means those Members owning Membership Interests that represent more than 75% of the aggregate percentage interests in the Company.
Super Majority in Interest means, with respect to any referenced group of Members, a combination of any of such Members who, in the aggregate, own two-thirds (2/3) or more of the Membership Interests owned by all of such referenced group of Members.
Super Majority in Interest means one or more Members whose aggregate Participation Percentage
Super Majority in Interest has the meaning specified in Section -------------------------- III.3.
Super Majority in Interest means that number of Unitholders who in the aggregate hold more than sixty-seven percent (67%) of the Percentage Interests held by those Unitholders entitled to consent or to vote upon the applicable action or matter pursuant to the terms of this Agreement.