Common use of Majority of Holders Clause in Contracts

Majority of Holders. Whenever an action or determination under this Agreement requires a majority of the aggregate principal amount of the applicable holders, in determining such majority, 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, then 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.

Appears in 18 contracts

Samples: Registration Rights Agreement (Solventum Corp), Registration Rights Agreement (3m Co), Registration Rights Agreement (CARRIER GLOBAL Corp)

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Majority of Holders. Whenever an action or determination under this Agreement requires a majority of the aggregate principal amount of the applicable holders, in determining such majority, if the Company shall issue any additional Securities New Notes under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, then such additional Securities New Notes 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.

Appears in 4 contracts

Samples: Registration Rights Agreement (S&P Global Inc.), Registration Rights Agreement (Nucor Corp), Registration Rights Agreement (AbbVie Inc.)

Majority of Holders. Whenever an action or determination under this Agreement requires a majority of the aggregate principal amount of the applicable holders, in determining such majority, if the Company shall issue any additional Securities under Additional Notes (as defined in the Indenture Indenture) prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, then such additional Securities Additional Notes and the Registrable Securities Notes 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 Notes has been obtained.

Appears in 3 contracts

Samples: Registration Rights Agreement (Veralto Corp), Registration Rights Agreement (Veralto Corp), Registration Rights Agreement (Fortive Corp)

Majority of Holders. Whenever an action or determination under this Agreement requires a majority of the aggregate principal amount of the applicable holders, in determining such majority, if the Company shall issue any additional Securities Notes under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, then such additional Securities Notes and the Registrable Securities Notes 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 Notes has been obtained.

Appears in 3 contracts

Samples: Registration Rights Agreement (Public Service Enterprise Group Inc), Registration Rights Agreement (Devon Energy Corp/De), Registration Rights Agreement (Raytheon Technologies Corp)

Majority of Holders. Whenever an action or determination under this Agreement requires a majority of the aggregate principal amount of the applicable holdersHolders, in determining such majority, 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, then 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.

Appears in 2 contracts

Samples: Registration Rights Agreement (Phillips 66), Registration Rights Agreement (Baxalta Inc)

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Majority of Holders. Whenever an action or determination under this Agreement requires a majority of the aggregate principal amount of the applicable holdersHolders, in determining such majority, if the Company shall issue any additional Securities Notes under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, then such additional Securities Notes and the Registrable Securities Notes 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 Notes has been obtained.

Appears in 2 contracts

Samples: Registration Rights Agreement (Conocophillips), Registration Rights Agreement (Conocophillips)

Majority of Holders. Whenever an action or determination under this Agreement requires a majority of the aggregate principal amount of the applicable holders, in determining such majority, if the Company shall issue any additional Securities ADI Notes under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, then such additional Securities ADI Notes 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.

Appears in 1 contract

Samples: Registration Rights Agreement (Analog Devices Inc)

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