Common use of Number of Holders of Voting Securities Clause in Contracts

Number of Holders of Voting Securities. So long as any SBIC Investor holds any securities purchased pursuant to the Purchase Agreement or issued by the Company with respect thereto, the Company shall notify each SBIC Investor (i) at least fifteen (15) days prior to taking any action after which the number of record holders of the Company’s voting securities would be increased from fewer than fifty (50) to fifty (50) or more, and (ii) of any other action or occurrence after which the number of record holders of the Company’s voting securities was increased (or would increase) from fewer than fifty (50) to fifty (50) or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.

Number of Holders of Voting Securities. So long as any SBIC Investor holds any securities purchased pursuant to the Purchase Agreement or issued by the Company with respect thereto, the Company shall notify each SBIC Investor (i) at least fifteen (15) 15 days prior to taking any action after which the number of or record holders of the Company’s 's voting securities would be increased from fewer than fifty (50) 50 to fifty (50) 50 or more, and (ii) of any other action or occurrence after which the number of record holders of the Company’s 's voting securities was increased (or would increase) from fewer than fifty (50) 50 to fifty (50) 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.

Number of Holders of Voting Securities. So long as any SBIC Investor holds any securities purchased pursuant to the Purchase Agreement or issued by the Company with respect thereto, the Company shall notify each SBIC Investor (i) at least fifteen (15) days prior to taking any action after which the number of record holders of the Company’s 's voting securities would be increased from fewer than fifty (50) to fifty (50) or more, and (ii) of any other action or occurrence after which the number of record holders of the Company’s 's voting securities was increased (or would increase) from fewer than fifty (50) to fifty (50) or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.

Number of Holders of Voting Securities. So long as any SBIC Investor holds any securities purchased pursuant to the Stock Purchase Agreement or issued by the Company with respect thereto, the Company shall notify each SBIC Investor (i) at least fifteen (15) 15 days prior to taking any action after which the number of record holders of the Company’s 's voting securities would be increased from fewer than fifty (50) 50 to fifty (50) 50 or more, ; and (ii) of any other action or occurrence after which the number of record holders of the Company’s 's voting securities was increased (or would increase) from fewer than fifty (50) 50 to fifty (50) 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.

Number of Holders of Voting Securities. So long as any SBIC Investor holds any securities purchased pursuant to the Purchase Agreement or issued by the Company with respect thereto, the Company shall notify each SBIC Investor (i) at least fifteen (15) 15 days prior to taking any action after which the number of record holders of the Company’s voting securities would be increased from fewer than fifty (50) 50 to fifty (50) 50 or more, and (ii) of any other action or occurrence after which the number of record holders of the Company’s voting securities was increased (or would increase) from fewer than fifty (50) 50 to fifty (50) 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.

Number of Holders of Voting Securities. So long as any SBIC Investor holds any securities purchased pursuant to the Purchase Agreement or issued by the Company with respect thereto, the Company shall notify each SBIC Investor (i) at least fifteen (15) 15 days prior to taking any action after which the number of record holders of the Company’s 's voting securities would be increased from fewer than fifty (50) 50 to fifty (50) 50 or more, and (ii) of any other action or occurrence after which the number of record holders of the Company’s 's voting securities was increased (or would increase) from fewer than fifty (50) 50 to fifty (50) 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.