Holder Majority definition

Holder Majority means the Holders of a majority of the outstanding shares of Preferred Stock.

Holder Majority means Holders of a majority in aggregate principal amount of Notes then outstanding.

Holder Majority means holders of a majority of the outstanding Preferred Equity, provided, that each of DFO and Mubadala must be included in any such majority (on a separate and not joint basis) so long as such Purchaser or any transferee thereof (to which the Preferred Equity has been transferred in compliance with the terms of the Preferred Equity Documentation) holds as of the applicable date of determination not less than 50.1% of the sum of (i) the Stated Value of the Preferred Equity purchased by such Purchaser on the Closing Date less any Preferred Equity that has been redeemed by the Issuer from such Purchaser or transferee, as applicable, and (ii) the aggregate Compounded Dividends with respect to such Preferred Equity referred to in clause (i) as of the date of determination; provided that (x) with respect to any Purchaser, only such Purchaser or any transferee thereof (but not both) shall be required to constitute a Holder Majority at any given time and (y) there shall be no more than two holders at any given time who must be required to be included in the Holder Majority.

Examples of Holder Majority in a sentence

• In Descartes’ system, Toland recalls, what makes a dog different from a stone is not that the dog has a soul but only that “the dog is composed of parts so put together that they make a machine, which the arrangement of the corpuscles of a stone does not.”45 Dicaearchus says nothing more than Descartes, except that he contends that human beings too, in their entirety, are machines.

• WHEREAS the undersigned Purchasers (each a “Consenting Holder,” and collectively the “Consenting Holders”) are the beneficial owners of all of the Outstanding Amount of the Note and constitute a Holder Majority.

• For the avoidance of doubt, this director designation right by the Employee Key Holder Majority under this Subsection 10.2(b) shall be null and void if no Key Holder serves as an officer or employee of the Corporation at such time[.]266This provision grants a right.

• Ibis may extend the Suspension Period for an additional consecutive [***] with the consent of a Participating Holder Majority, which consent shall not be unreasonably withheld.

• Earth Digital Inputs0-30VDC digital inputs can be used for low flow fail indication or other “switch” inputs.

More Definitions of Holder Majority

Holder Majority means the consent of Holders who among them hold not less than the majority of the aggregate Liquidation Preference of the Series A Preferred Stock then outstanding.

Holder Majority means, holders of record of a majority of the outstanding shares of Preferred Stock, voting together as a single class, provided that such majority must include the MSD Investor so long as the MSD Investor or its Permitted Transferees holds, collectively, not less than 50% of the number of shares of Series A-1 Convertible Preferred Stock or Series A Convertible Preferred Stock issued to it on the Initial Issue Date (including any shares of Series A Convertible Preferred Stock issued upon conversion of Series A-1 Preferred Stock pursuant to Section 10).

Holder Majority means the holders of a majority in principal amount of the Notes.

Holder Majority means the holder or holders of more than 50 per cent. of the total principal amount of the Notes outstanding at the relevant time.

Holder Majority means Holders who between them hold a majority of the aggregate Liquidation Preference of the Series A Preferred Stock held by all of the Holders.

Holder Majority means, as of a particular time, holders of at least a majority of the then outstanding aggregate Current Liquidation Preference (as defined in the Certificate of Designation) of the Series A Preferred Shares then outstanding.

Holder Majority means, (i) with respect to a particular Registration Statement, Holder(s) holding more than 70% of the Registrable Securities then-held by Holder(s) who are participating in such Registration Statement and (ii) for all other purposes, Holder(s) holding more than 70% of the Registrable Securities then-held by Holder(s);.