Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixty-five percent (65%) of the outstanding principal amount of the Notes.
Appears in 9 contracts
Samples: Subscription Agreement (BioElectronics Corp), Stock Pledge Agreement (Xstream Beverage Network, Inc.), Collateral Agent Agreement (Hybrid Fuel Systems Inc)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixtyseventy-five percent (6575%) of the outstanding principal amount of the Notes.
Appears in 7 contracts
Samples: Collateral Agent Agreement (Code Green Apparel Corp), Collateral Agent Agreement (Blastgard International Inc), Collateral Agent Agreement (Inrob Tech Ltd.)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Security Agreement shall mean Lenders who hold not less than sixty-five percent (65%) of the outstanding principal amount of the Notes.
Appears in 3 contracts
Samples: Collateral Agent Agreement (Aegis Assessments Inc), Collateral Agent Agreement (Dalrada Financial Corp), Collateral Agent Agreement (Ceragenix Pharmaceuticals, Inc.)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixtyseventy-five percent (6575%) of the outstanding principal amount Notes comprising a portion of the NotesObligations.
Appears in 3 contracts
Samples: Collateral Agent Agreement (Science Dynamics Corp), Collateral Agent Agreement (Science Dynamics Corp), Collateral Agent Agreement (Tirex Corp)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, A Majority in Interest shall mean Lenders who hold not less than sixtyseventy-five percent (6575%) of the outstanding principal amount of the NotesNotes on the date such Majority in Interest instructs the Collateral Agent.
Appears in 3 contracts
Samples: Collateral Agent Agreement (China Yongxin Pharmaceuticals Inc.), Collateral Agent Agreement (China Yongxin Pharmaceuticals Inc.), Collateral Agent Agreement (China Yongxin Pharmaceuticals Inc.)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixty-five fifty percent (6550%) of the outstanding principal amount of outstanding under the Notes.
Appears in 2 contracts
Samples: Collateral Agent Agreement (Vendingdata Corp), Collateral Agent Agreement (Vendingdata Corp)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Security Agreement shall mean Lenders who hold not less than sixty-five percent (65%) of the outstanding principal amount of the Notes.
Appears in 2 contracts
Samples: Collateral Agent Agreement (General Components, Inc.), Collateral Agent Agreement (Stem Cell Innovations, Inc.)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Borrower Documents shall mean Lenders who hold not less than sixtyseventy-five percent (6575%) of the outstanding principal amount of the Notes.
Appears in 2 contracts
Samples: Collateral Agent Agreement (Pay88), Collateral Agent Agreement (Attitude Drinks Inc.)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Borrower Documents shall mean Lenders who hold not less than sixtyfifty-five one percent (6551%) of the outstanding principal amount of the Notes.
Appears in 2 contracts
Samples: Collateral Agent Agreement (China Cablecom Holdings, Ltd.), Collateral Agent Agreement (Tasker Products Corp)
Majority in Interest. For so long as any obligations remain outstanding on the Secured Promissory Notes, Majority in Interest shall mean Lenders who hold not less than sixty-five sixty percent (6560%) of the outstanding principal amount of the NotesObligations.
Appears in 1 contract
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixtyseventy-five percent (6575%) of the outstanding principal amount of the NotesObligations.
Appears in 1 contract
Majority in Interest. For so long as any obligations remain ---------------------- outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixty-five percent (65%) of the outstanding principal amount of the Notes.
Appears in 1 contract
Majority in Interest. For so long as any obligations remain outstanding on the Secured Notes, Majority in Interest shall mean Lenders who hold not less than sixty-five sixty percent (6560%) of the outstanding principal amount of the NotesObligations.
Appears in 1 contract
Samples: Subscription Agreement (Select Media Communications Inc)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Borrower Documents shall mean Lenders who hold not less than sixty-five six percent (6566%) of the outstanding principal amount of the Notes.
Appears in 1 contract
Samples: Collateral Agent Agreement (Wizzard Software Corp /Co)
Majority in Interest. For so long as any obligations remain outstanding on the NotesNote, “Majority in Interest Interest” for the purposes of this Agreement and the Borrower Documents shall mean Lenders who hold not less than sixtyfifty-five one percent (6551%) of the then-outstanding principal amount of the NotesNote.
Appears in 1 contract
Samples: Collateral Agent Agreement (Advance Nanotech, Inc.)
Majority in Interest. For so long as any obligations remain outstanding on the NotesNote, "Majority in Interest Interest" for the purposes of this Agreement and the Borrower Documents shall mean Lenders who hold not less than sixtyfifty-five one percent (6551%) of the then-outstanding principal amount of the Notes.
Appears in 1 contract
Samples: Collateral Agent Agreement (Advance Nanotech, Inc.)
Majority in Interest. For so long as any obligations remain outstanding on the Secured Notes, for purposes of this Agreement, “Majority in Interest Interest” shall mean Lenders who hold not less than sixty-five percent (65%) 50% of the outstanding aggregate principal amount of the Notesall Secured Notes then outstanding.
Appears in 1 contract
Samples: Secured Convertible Promissory Notes Subscription Agreement (Nuvel Holdings, Inc.)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Borrower Documents shall mean Lenders who hold not less than sixty-five seventy percent (6570%) of the outstanding principal amount of the NotesNotes on the date such Majority in Interest instructs the Collateral Agent.
Appears in 1 contract
Samples: Collateral Agent Agreement (Liberty Star Uranium & Metals Corp.)
Majority in Interest. For so long as any obligations remain outstanding on the Secured Notes, Majority in Interest shall mean Lenders who hold not less than sixtytwo-five percent thirds (6566%) of the outstanding principal amount of the NotesObligations.
Appears in 1 contract
Samples: Collateral Agent Agreement (Commercial Consolidators Corp)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Security Agreement shall mean Lenders who hold not less than sixty-five seventy percent (65%) of the outstanding principal amount of the Notes.
Appears in 1 contract
Majority in Interest. For so long as any obligations remain outstanding on the Secured Notes, Majority in Interest shall mean Lenders who are members of the First Group who hold not less than sixtyseventy-five percent (6575%) of the Obligations outstanding principal amount on the Notes held by members of the NotesFirst Group. Thereafter, Majority in Interest shall mean Lenders who are members of the Second Group who hold not less than seventy-five percent (75%) of the Obligations outstanding on the Notes held by members of the Second Group.
Appears in 1 contract
Samples: Collateral Agent Agreement (Vianet Technologies Inc)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixty-five eighty percent (6580%) of the outstanding principal amount of the Notes.
Appears in 1 contract
Samples: Collateral Agent Agreement (Energy & Engine Technology Corp)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest for the purposes of this Agreement and the Borrower Documents shall mean Lenders who hold not less than sixty-five percent (65%) of the outstanding principal amount of the Notes.
Appears in 1 contract
Samples: Collateral Agent Agreement (Franklin Towers Enterprises Inc)
Majority in Interest. For so long as any obligations remain outstanding on the Notes, Majority in Interest shall mean Lenders who hold not less than sixtyseventy-five percent (6575%) of the Obligations outstanding principal amount of on the Notes.
Appears in 1 contract
Samples: Collateral Agent Agreement (New World Entertainment Corp.)
