Majority of Sellers definition

Majority of Sellers means Sellers representing greater than fifty percent (50%) of the voting Membership Interests.
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Majority of Sellers means Sellers representing sixty-six and two-thirds percent of the total number of Shares of Common Stock (including Common Stock to be issued upon the exercise of all warrants and Options), Series A Preferred Stock, and Series B Preferred Stock.
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Majority of Sellers means Sellers whose Shares, immediately prior to the Closing, constituted a majority in interest of the outstanding Shares of the Company.
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Examples of Majority of Sellers in a sentence

  • This Agreement supersedes any previous agreement or understanding between the Parties and cannot be modified or amended except in a writing executed by the Purchaser and the Majority of Sellers.

  • This Amendment supersedes any previous agreement or understanding between the Parties and cannot be modified or amended except in a writing executed by the Purchaser and the Majority of Sellers.

  • A copy of any appointment by a Majority of Sellers of any successor Holder Representative shall be provided to Purchaser promptly after it shall have been effected.

  • Purchaser may not conduct testing or sampling of soil, ground water, surface water or other media or materials during such inspection without the prior written consent of the Majority of Sellers, such consent not to be unreasonably withheld or delayed.

  • No admission of liability shall be made by or on behalf of Buyer or any of the DiaMed Companies and the Third Party Claim shall not be disposed of or settled without the prior written consent of the Majority of Sellers, which consent shall not be unreasonably withheld or delayed.

  • A copy of any appointment by a Majority of Sellers of any successor Holder Representative shall be provided to Biota promptly after it shall have been effected.

  • No amendment signed by a Majority of Sellers shall have the effect of expanding the scope of any warranty or representation given by any Seller nor of increasing the duties or liabilities of any Seller.

  • This Agreement may only be amended, modified or supplemented by an agreement in writing signed by Buyer and a Majority of Sellers.


More Definitions of Majority of Sellers

Majority of Sellers means such Sellers together who sell more than 50% of the total of the outstanding shares in DiaMed.
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Majority of Sellers has the meaning set forth in Section 12.2(d).
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Majority of Sellers shall have the meaning set forth in Section 11.5(a).
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Majority of Sellers means Sellers whose Shares, immediately prior to the Closing, constituted a majority in interest of the outstanding Shares of the Company. "Material Contracts" has the meaning set forth in Section 3.11(a).
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Majority of Sellers means Sellers representing greater than fifty percent (50%) of the Shares provided that the Majority of the Seller shall include the EnCap Shareholders and the CSFB Shareholders.
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Related to Majority of Sellers

  • Sellers has the meaning set forth in the preamble.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Sellers Disclosure Schedule means the disclosure schedule delivered by the Sellers to the Purchaser on the date hereof.

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered included in Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Seller has the meaning set forth in the Preamble.

  • Second Closing has the meaning set forth in Section 2.2.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Buyers has the meaning set forth in the preamble.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Buyer has the meaning set forth in the preamble.

  • Previously Acquired Shares means shares of Common Stock that are already owned by the Participant or, with respect to any Incentive Award, that are to be issued upon the grant, exercise or vesting of such Incentive Award.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Majority Purchasers means, at any time, Purchasers whose Commitments aggregate more than 66.67% of the aggregate of the Commitments of all Purchasers; provided, however, that so long as any Purchaser’s Commitment is greater than 66.67% of the aggregate Commitments, then “Majority Purchasers” shall mean a minimum of two Purchasers whose Commitments aggregate more than 66.67% of the aggregate Commitments.

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • Target Companies means the Target and its Subsidiaries.

  • Retained Contracts means all contracts, agreements, leases, software licenses, rights, obligations or other commitments of the Company that (a) arise out of or are related exclusively to any business or operation of the Company other than the Business, or (b) arise out of or are related in any way to the Business and which, in the case of both clauses (a) and (b) herein, are not Transferred Contracts.

  • Acquired Entities means the Company and the Acquired Subsidiaries.