Majority Holders means at any time the Holders of Warrants exercisable for a majority of the shares of Warrant Stock issuable under the Warrants at the time outstanding.
Majority Holders means the Holders of a majority of the aggregate principal amount of Securities registered under a Registration Statement.
Majority Holders means the Holders of a majority of the aggregate principal amount of the outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, any Registrable Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount; and provided, further, that if the Company shall issue any additional Securities under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, such additional Securities and the Registrable Securities to which this Agreement relates shall be treated together as one class for purposes of determining whether the consent or approval of Holders of a specified percentage of Registrable Securities has been obtained.
Examples of Majority Holders in a sentence
To convert the Safes to Company Common Stock pursuant to this Section 1(b), the Majority Holders must deliver written notice of such election to the Company following the Optional Conversion Date and prior to the termination of this Safe (the “Optional Conversion Election”).
If this Safe has not converted pursuant to an Equity Financing on or before the two-year anniversary of the Issuance Date (the “Optional Conversion Date”), upon the election of the Majority Holders, this Safe will convert into the number of shares of the Company Common Stock equal to the Purchase Amount divided by the Safe Price.
The Company shall issue such shares of the Company Common Stock as soon as practicable following its receipt of the Optional Conversion Election; provided, however, that unless and until the Majority Holders affirmatively make such Optional Conversion Election, this Safe will remain outstanding so as to permit the conversion of or payment under this Safe in accordance with Section 1(a), Section 1(c) or Section 1(d), as applicable, prior to the termination of this Safe.
More Definitions of Majority Holders
Majority Holders means the Holders of a majority of the aggregate principal amount of outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, Registrable Securities held by the Company or any of its affiliates (as such term is defined in Rule 405 under the 0000 Xxx) (other than the Initial Purchasers or subsequent Holders of Registrable Securities if such subsequent holders are deemed to be such affiliates solely by reason of their holding of such Registrable Securities) shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount.
Majority Holders means the Holders of a majority of the aggregate principal amount of Registrable Securities outstanding, excluding Exchange Securities referred to in clause (ii) of the definition of “Holders” above; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities or Exchange Securities is required hereunder, Registrable Securities and Exchange Securities held by the Company or any of its affiliates (as such term is defined in Rule 405 under the 0000 Xxx) shall be disregarded in determining whether such consent or approval was given by the Holders of such required percentage.
Majority Holders means the Holders of a majority of the aggregate principal amount of Registrable Securities outstanding; provided, that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, Registrable Securities held by the Company or any of its affiliates (as such term is defined in Rule 405 under the 0000 Xxx) shall be disregarded in determining whether such consent or approval was given by the Holders of such required percentage.
Majority Holders means the Holders of a majority of the aggregate principal amount of the outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, any Registrable Securities owned directly or indirectly by the Issuers or any of their affiliates shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount; and provided, further, that if the Issuers shall issue any additional Securities under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, such additional Securities and the Registrable Securities to which this Agreement relates shall be treated together as one class for purposes of determining whether the consent or approval of Holders of a specified percentage of Registrable Securities has been obtained.
Majority Holders means, at any time, the Holder or Holders of more than fifty percent (50%) of the Registrable Securities at such time.
Majority Holders means the Holders of a majority of the aggregate principal amount of applicable outstanding Notes.
Majority Holders means the Holder(s) of more than 50% of the Outstanding VMTP Shares.