Majority of Shareholders definition

Majority of Shareholders means those Shareholders who hold in the aggregate in excess of 50% of the New Preferred Shares held by all of the Shareholders.

Majority of Shareholders means (i) holders of at least a majority of the Registrable Shares then held by all Shareholders and (ii) holders of a majority of all Investor Shares (an "Investor Majority") as such.

Majority of Shareholders means those Shareholders who at the time in question hold at least a majority of the Registrable Shares then held by all Shareholders.

Examples of Majority of Shareholders in a sentence

However, at the discretion of the Board of Directors and the Majority of Shareholders the aforementioned statements may be subject to change at any time.
The shareholders may adopt, repeal, alter, amend or rescind the By-Laws of the Corporation by the vote of at least 66-2/3% of the votes held by holders of shares of Voting Stock (as hereinafter defined) except that if an Interested Person exists, such shareholder action must be taken by the vote of at least 80% of the votes held by holders of shares of Voting Stock, including an Independent Majority of Shareholders (as hereinafter defined in Article XIII of these By-Laws).
The shareholders may adopt, repeal, alter, amend or rescind the By-Laws of the Corporation by the vote of at least 66-2/3% of the votes held by holders of shares of Voting Stock (as hereinafter defined) except that if an Interested Person exists, such shareholder action must be taken by the vote of at least 80% of the votes held by holders of shares of Voting Stock, including an Independent Majority of Shareholders (as hereinafter defined).
Newly created directorships resulting from an increase in the number of directors and vacancies occurring in the Board of Directors for any reason may be filled by the affirmative vote of (i) 66 2/3% of the Whole Board of Directors and (ii) a majority of the Continuing Directors, although less than a quorum exists, or, if no directors remain, by the affirmative vote of not less than (i) 66 2/3% of the Voting Shares and (ii) an Independent Majority of Shareholders.
The shareholders may also amend the Bylaws by the affirmative vote of 66 2/3% of all Voting Shares entitled to vote on such amendment and by the affirmative vote of an Independent Majority of Shareholders.
Walter Kaplinsky, Secretary, affirms that the bylaws were ratified as amended by Written Consent of the Absolute Majority of Shareholders on December 10, 1998.
Actions (ii) and (iv) may also be taken, without shareholder notice or action, by the Board of Directors subject to written consent by the Company's founder as set out in Article VI(11) All other shareholder transactions require an Absolute Majority of Shareholders.
The shareholders may also amend the Bylaws by the affirmative vote of (i) 66 2/3% of the Voting Shares and (ii) an Independent Majority of Shareholders.
These Articles of Incorporation may be amended as provided by law; provided, however, that the affirmative vote of the holders of two-thirds (66 2/3%) of all of the Voting Shares outstanding and entitled to vote, voting as classes, if applicable, and an Independent Majority of Shareholders shall be required to approve any change of Articles VI, VII, IX and X of these Articles of Incorporation.
This Unanimous Written Consent action of the Majority of Shareholders of Eagle Oil Holding Company Inc.

More Definitions of Majority of Shareholders

Majority of Shareholders means fifty percent plus one of all outstanding voting securities. Shareholders not casting votes shall not count toward affirmative authorization under this subchapter.

Majority of Shareholders means each resolution and/or decision to be made under this Shareholders’ Agreement, unless not provided otherwise, with a simple majority (i.e. 50% plus one vote) of the Shareholders on the basis of the respective total stated capital of such Shares.

Majority of Shareholders means any group of Shareholders representing a majority of the Preferred Stock then outstanding.

Related to Majority of Shareholders

Majority Shareholders means the Xxxx X. Xxxxxxx Trust, Xxxxxxx X. Xxxxxxx Trust and Xxxxxxx X. Xxxxxxx Inter Vivos Trust.
Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.
Ordinary Shareholders means holders of Ordinary Shares;
Preferred Shareholders means the shareholders who hold Preferred Shares of the Company.
Resolution of Shareholders means either:

Related to Majority of Shareholders

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