Electing Holders definition

Electing Holders has the meaning specified therefor in Section 2.04 of this Agreement.

Electing Holders has the meaning set forth in Section 6.1.

Electing Holders means one or more Holders that hold no less than a majority of the Registrable Securities then held by the Holders.

Examples of Electing Holders in a sentence

• If any of the Registrable Securities covered by the Shelf Registration are to be sold pursuant to an underwritten offering, the managing underwriter or underwriters thereof shall be designated by Electing Holders holding at least a majority in aggregate principal amount of the Registrable Securities to be included in such offering, provided that such designated managing underwriter or underwriters is or are reasonably acceptable to the Company.

• The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 5(d) were determined by pro rata allocation (even if the Electing Holders or any underwriters, selling agents or other securities professionals or all of them were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in this Section 5(d).

• The obligations of the Electing Holders and any underwriters, selling agents or other securities professionals in this Section 5(d) to contribute shall be several in proportion to the percentage of principal amount of Registrable Securities registered or underwritten, as the case may be, by them and not joint.

• If any of the Registrable Securities covered by the Shelf Registration are to be sold pursuant to an underwritten offering, the managing underwriter or underwriters thereof shall be designated by Electing Holders holding at least a majority in aggregate principal amount of the Registrable Securities to be included in such offering, provided that such designated managing underwriter or underwriters is or are reasonably acceptable to the Issuers.

• Each Electing Holder shall pay all underwriting discounts and commissions and transfer taxes, if any, relating to the sale or disposition of such Electing Holder's Registrable Securities pursuant to the Shelf Registration Statement.

More Definitions of Electing Holders

Electing Holders means (i) the Purchaser (if such Purchaser holds Registrable Securities) and (ii) the Holder or Holders (as applicable) of no less than a majority of the then outstanding Registrable Securities.

Electing Holders has the meaning specified therefor in Section 2.03.

Electing Holders has the meaning set forth in Section 4(a).

Electing Holders. Each of the Noteholder and certain other holders of the Convert Notes (the “Committing Holders”) will enter into separate agreements with the Company prior to the commencement of the Exchange Offer, committing to tender the full amount of their Convert Notes, subject to agreement on mutually acceptable documentation and the other conditions specified in such agreements and in this term sheet. Other holders of the Convert Notes may elect to participate in the Exchange Offer on the same terms as the Committing Holders (together with the Committing Holders, the “Electing Holders”).

Electing Holders means (i) if KKR Holders collectively hold a majority of the then outstanding Registrable Securities, one or more KKR Holders that hold no less than a majority of the Registrable Securities then held by KKR Holders or (ii) if KKR Holders collectively do not hold a majority of the then outstanding Registrable Securities, the Holder or Holders (as applicable) of no less than a majority of the then outstanding Registrable Securities.

Electing Holders means the Holder or Other Holders, if any, that elect to accelerate a portion of the Notes pursuant to Section 6(b)(ii).

Electing Holders means the Senior Lender, if any, that elect to accelerate a portion of the Notes pursuant to Section 6(b)(ii) of the Senior Notes.