Examples of Majority Note Holders in a sentence
Any amendment, modification or waiver of any term of this Note or the Purchase Agreement that is approved by the Majority Note Holders shall constitute a valid amendment, modification or waiver of such term(s) of this Note, subject to the limitations of Section 7.8 of the Purchase Agreement.
Nonetheless, any term of this Agreement or the Notes may be amended and the observance of any term of this Agreement or the Notes may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the Majority Note Holders.
This Note applies to, inures to the benefit of, and binds the successors and assigns of the parties hereto; provided, however, that the Company may not assign its obligations under this Note without the written consent of the Majority Note Holders.
Except as otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties, provided, however, that the Company may not assign its obligations under this Agreement without the written consent of Majority Note Holders.
Prepayment of principal, together with accrued interest, under the Notes may not be made without the consent of the Majority Note Holders.