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Common use of Supermajority Vote Clause in Contracts

Supermajority Vote. A vote of Members representing not less than 75% of the Sharing Ratios of all Members.

Appears in 3 contracts

Sources: Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc)

Related Clauses

  • Required Vote
  • Parent Vote
  • Quorum; Required Vote
  • Shareholder Vote
  • Unanimous Consent

Parent Clauses

  • DEFINITIONS
  • Amendment of Bylaws
  • Voting Agreements
  • Miscellaneous
  • BOARD OF DIRECTORS

Sub-Clauses

  • Debt Incurrence
  • Issuances of Equity Securities
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