Requisite Purchasers definition

Requisite Purchasers means one or more Purchasers holding more than 50% of the aggregate outstanding principal amount of the Notes held by all Purchasers at such time.
Requisite Purchasers means one or more Purchasers holding Notes Exposure and representing more than 50% of the aggregate Notes Exposure of all Purchasers; provided that (i) the amount of Notes Exposure of any Defaulting Purchaser shall be disregarded for purposes of this definition (including clause (ii) of this proviso), and (ii) to the extent that the total number of Purchasers (treating all Purchasers that are Affiliates as a single Purchasers) is greater than one, solely for purposes of any requested consent, waiver, amendment, or other modification requiring the affirmative vote of “Requisite Purchasers” (but, for the avoidance of doubt, not for the purpose of exercising or enforcing any rights and remedies available under any Note Document or applicable law), “Requisite Purchasers” shall also include at least two (treating all Purchasers that are Affiliates as a single Purchasers) Purchasers.
Requisite Purchasers means:

Examples of Requisite Purchasers in a sentence

  • Before Purchaser shall be entitled to convert this Note, the Purchaser shall execute and deliver to the Company a purchase agreement reasonably acceptable to the Company and the Requisite Purchasers containing customary representations and warranties and transfer restrictions.

  • No term of this Note may be amended, modified or waived without the written consent of the Company and the Requisite Purchasers.

  • At any time upon or after June 30, 2014 (the “Maturity Date”), if this Note has not been paid in full or converted in accordance with the terms of Sections 2.1, 2.2 or 2.3, the Requisite Purchasers may demand payment of the entire outstanding principal balance of this Note and all unpaid accrued interest thereon (a “Payment Demand”).

  • The Company may not pay the principal or accrued interest on this Note on or prior to the Maturity Date without the prior written consent of the Requisite Purchasers following five (5) days’ prior written notice.

  • From and after 12:01 a.m. Central time on the IPO Date, no additional awards will be granted under the Prior Plan, and any shares that would otherwise remain available for future grants under the Prior Plan as of 12:01 a.m. Central time on the IPO Date will cease to be available under the Prior Plan at such time.


More Definitions of Requisite Purchasers

Requisite Purchasers means Purchasers holding a majority of the Outstanding Balance, in the aggregate, of all Notes issued under this Agreement.
Requisite Purchasers means Purchasers holding a majority of the aggregate principal amount of the Notes then Outstanding.
Requisite Purchasers has the meaning set forth in Section 8.15 hereof.
Requisite Purchasers means, as of any date of determination, Purchasers having more than 50% of the PurchasersInvestment Limit or, if the Purchaser Commitments have been terminated, Purchasers holding in the aggregate more than 50% of all Loans and Purchasers’ Investment; provided that the Purchaser Commitment of, and the outstanding principal amount of any Loans and portion of Purchasers’ Investment held by, any Defaulting Purchaser shall be excluded for purposes of making a determination of Requisite Purchasers.
Requisite Purchasers means the holders of the Notes representing a majority of the then outstanding principal balance of the Notes.
Requisite Purchasers means Purchasers holding at least 75% of the Outstanding Balance, in the aggregate, of all Notes issued under this Agreement.
Requisite Purchasers means Purchasers holding more than 50% of the Outstanding Balance, in the aggregate, of all Notes issued under this Agreement.