Approving Holders definition

Approving Holders means the approval in writing by the holders of at least 70% of the outstanding shares of the Series F Preferred Stock, Series E Preferred Stock and Series D Preferred Stock, voting together as a separate class, as if all shares of such series of Preferred Stock had been converted into Common Stock.
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Approving Holders has the meaning set forth in Section 1.5.
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Approving Holders shall have the meaning set forth in Section 8.4(a).
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Examples of Approving Holders in a sentence

  • On or prior to the effective date of any resignation or removal, the Approving Holders shall select a successor Shareholder Representative.

  • Section 1.2. Effective as of the Effective Date (as hereinafter defined), the Company, the Approving Holders and the Other Holders hereby agree the definition of “Change of Control” in Schedule A of the Note Purchase Agreement is hereby amended to add the double-underlined text (indicated textually in Schedule A of Exhibit A as: double-underlined text) as set forth in the conformed copy of the Note Purchase Agreement attached hereto as Exhibit A.

  • The payments made for the account of each Bank and each Related Bank shall be made, and distributed to it, for the account of its domestic or foreign lending office, as such Bank or such Related Bank may, subject to Section 2.9.3, designate in writing to Administrative Agent.

  • Each of the Parent, Sub, the Company and the Approving Holders acknowledges that each party to this Agreement has been represented by counsel in connection with this Agreement and the transactions contemplated by this Agreement.

  • As disclosed in the Offer to Purchase, the Offer is subject to Parent receiving the funds contemplated by the Commitment Letter; however, the Offer is not subject to Parent seeking any other commitment for, or sources of, any financing necessary to consummate the Offer and the Proposed Merger.

  • Upon any such resignation or removal, such Approving Holders shall select a successor Securityholders’ Representative, which successor shall be approved by the Approving Holders.

  • The Company and each of the Approving Holders, together with the other purchasers named on the Purchaser Schedule thereto (the “Other Holders”), entered into that certain Note Purchase Agreement, dated as of September 14, 2016 (the “Note Purchase Agreement”).

  • The Company and the Approving Holders shall have performed all obligations and agreements and complied with all covenants and conditions required by this Agreement or any Ancillary Agreement to be performed or complied with by them prior to or at the Closing.

  • The Approving Holders may retain such investment advisors and other professionals as they shall consider advisable for the purpose of advising them with respect to the En Bloc Sale.

  • If the Approved Company Sale is structured as a Transfer of Member Shares, then each holder of Member Shares shall Transfer all of his or its Member Shares and rights to acquire Member Shares on the terms and conditions approved by Approving Holders.


More Definitions of Approving Holders

Approving Holders means the holders of at least sixty percent (60%) of the outstanding shares of Series D Preferred Stock and Series E Preferred Stock at the time of the proposed action or consent, voting together as a single class; provided, however, that, (a) so long as Summit owns at least 50% of the Series D Preferred Stock held by Summit as of the date hereof, any action requiring the consent of the Approving Holders shall also require the consent of a majority of Series D Preferred Stock held by Summit at the time of the proposed action or consent, voting together as a single class, (b) so long as Summit owns at least 50% of the Series E Preferred Stock held by Summit as of the date hereof, any action requiring the consent of the Approving Holders shall also require the consent of a majority of Series E Preferred Stock held by Summit at the time of the proposed action or consent, voting together as a single class, and (c) so long as Xxxx owns at least 50% of the shares of Series D Preferred Stock held by Xxxx as of immediately following the Effective Time, any action requiring the consent of the Approving Holders shall also require the consent of a majority of the shares of Series D Preferred Stock held by Xxxx at the time of the proposed action or consent, voting together as a single class.
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Approving Holders has the meaning set forth in Section 14.1(d).
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Approving Holders means the approval in writing by the holders of at least seventy percent (70%) of the outstanding shares of the Series F Preferred Stock, Series E Preferred Stock and Series D Preferred Stock, voting together as a separate class, on an as-converted basis.
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Related to Approving Holders

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

  • Majority Participating Holders means Participating Holders holding more than 50% of the Registrable Securities proposed to be included in any offering of Registrable Securities by such Participating Holders pursuant to Section 2.1 or Section 2.2.

  • Participating Holders means all Holders of Registrable Securities which are proposed to be included in any offering of Registrable Securities pursuant to Section 2.1 or Section 2.2.

  • Requesting Holders shall have the meaning given in Section 2.1.5.

  • Existing Holders shall have the meaning given in the Preamble.

  • Selling Holders means, with respect to a specified registration pursuant to this Agreement, Holders whose Registrable Securities are included in such registration.

  • Acting Holders means, at the time of determination, Holders of at least 40% of the outstanding CVRs as set forth on the CVR Register.

  • Demanding Holders shall have the meaning given in subsection 2.1.1.

  • Initiating Holder has the meaning set forth in Section 2.01(a).

  • Requesting Holder shall have the meaning given in subsection 2.1.1.

  • Other Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their securities in certain registrations hereunder.

  • Non-Directing Holders means the holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling class” or the duly appointed representative of the holders of such Certificates or such other party otherwise entitled under the Note A-2 PSA to exercise the rights granted to the Non-Directing Holders in this Agreement. If Note A-2 has not been included in a Securitization, the Non-Directing Holder with respect to such Note will be the then-current Holder of such Note.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Takedown Requesting Holder shall have the meaning given in subsection 2.3.3.

  • Majority Investors means, as of any date, the holders of a majority of the Investor Shares outstanding on such date.

  • Majority Holders means the Holders of a majority of the aggregate principal amount of Securities registered under a Registration Statement.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • Piggyback Registration Statement has the meaning set forth in Section 3(a).

  • Lead Investors means collectively, BlackRock, GSO, Magnetar and, solely for purposes of Section 2.02(b), Investment Partners V (II), LLC.

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Demanding Holder shall have the meaning given in subsection 2.1.1.

  • Demand Registration Statement has the meaning set forth in Section 2.01(a).

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Living Holder A Certificate Owner of a Special Retail Certificate other than a Deceased Holder.

  • Public Stockholders means the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).