Majority B Holders definition
Majority B Holders means the holder(s) of a majority of the Series B Preferred Shares then issued and outstanding.
Majority B Holders means the holders of more than 50% of the issued and outstanding Series B Preferred Stock;
Majority B Holders means, as of any date of determination thereof, ------------------ the holders of not less than a majority in aggregate outstanding principal amount of all Series B Certificates.
Examples of Majority B Holders in a sentence
Any By-Laws adopted or amended by the Board may be amended or repealed by a vote of the majority A-1 Holders and the Majority B Holders.
These By-Laws may be amended or repealed and new By-Laws may be adopted by a vote of the Majority A-1 Holders and the Majority B Holders or by the Board in accordance with the stockholders Agreement.
More Definitions of Majority B Holders
Majority B Holders means the holders of more than 50% of the B Preference Shares in issue;
Majority B Holders means the holders of a majority of the then outstanding shares of Series B Preferred Stock.