Common use of Termination of Representative Clause in Contracts

Termination of Representative. The services of a Representative may be terminated at any time by the affirmative vote of Holders holding a majority of the Notes, measured by the outstanding principal amount with respect to each such Note, but only if they simultaneously appoint a replacement Representative.

Appears in 445 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

AutoNDA by SimpleDocs

Termination of Representative. The services of a Representative may be terminated at any time by the affirmative vote of Holders holding a majority of the Notes, measured by the outstanding principal amount with respect to each such Note, but only if they simultaneously appoint a replacement Representative.simultaneously

Appears in 15 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

Termination of Representative. The services of a Representative may be terminated at any time by the affirmative aJrmative vote of Holders holding a majority of the Notes, measured by the outstanding principal amount with respect to each such Note, but only if they simultaneously appoint a replacement Representative.

Appears in 1 contract

Samples: Investment Agreement

AutoNDA by SimpleDocs

Termination of Representative. The services of a Representative may be terminated at any time by the affirmative vote of Holders holding a majority of the Notes, measured by the outstanding principal amount with respect to each such Note, but only if they simultaneously appoint a replacement Representative.outstanding

Appears in 1 contract

Samples: Investment Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!