Common use of Majorities Clause in Contracts

Majorities. Any reference herein to a majority of Holders or Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities and any reference herein to a majority of Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities the Holder of which is an Electing Holder with respect to such Registrable Securities; provided that whenever the consent or approval of Holders or Electing Holders 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 required majority.

Majorities. Any reference herein to a majority of Holders or Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities of each series and any reference herein to a majority of Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities the Holder of which is an Electing Holder with respect to such Registrable Securities; provided that whenever the consent or approval of Holders or Electing Holders 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 required majority.

Majorities. Any reference herein to a majority of Holders or Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Entitled Securities and any reference herein to a majority of Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Entitled Securities the Holder of which is an Electing Holder with respect to such Registrable Entitled Securities; provided that whenever the consent or approval of Holders or Electing Holders is required hereunder, any Registrable Entitled Securities owned directly or indirectly by the Company Issuers or any of its affiliates shall not be counted in determining whether such consent or approval was given by the required majority.

Majorities. Any reference herein to a majority of Holders or Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Entitled Securities and any reference herein to a majority of Electing Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Entitled Securities the Holder of which is an Electing Holder with respect to such Registrable Entitled Securities; provided that whenever the consent or approval of Holders or Electing Holders is required hereunder, any Registrable Entitled 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 required majority.