Majority of the Holders definition

Majority of the Holders means Holders of Warrants representing more than fifty percent (50%) of the shares of Common Stock obtainable upon exercise of the Warrants then outstanding.

Majority of the Holders means Holders of Warrants that would be, upon exercise of the Warrants, entitled to purchase more than 50% of all shares of Common Stock then issuable under all of the Warrants.

Majority of the Holders is as defined in Section 6(b).

Examples of Majority of the Holders in a sentence

• Except as expressly provided herein, neither this Warrant nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument signed by the party against whom enforcement of any such amendment, waiver, discharge or termination is sought; provided, however, that any provisions hereof may be amended, waived, discharged or terminated upon the written consent of the Company and the Majority of the Holders.

• In addition, a Deciding Majority of the Holders of the Mezzanine Loan may terminate the Servicer in the manner set forth in the Servicing Agreement.

• The provisions of this Agreement may be amended at any time and from time to time, and particular provisions of this Agreement may be waived, with and only with an agreement or consent in writing signed by the Company and the Majority of the Holders.

• Neither Sentient nor (if applicable) a Majority of the Holders may declare an Event of Default while there are any Series A Debentures outstanding unless an Event of Default has been declared with respect to the Series A Debentures.

• Upon any delay by the Company pursuant to this Section 10.2(d) which lasts more than 60 days, the Majority of the Holders of the Warrant Agreements may rescind the notice given pursuant to Section 10.2(a), and the Holders of the Warrant Agreements will be deemed not to have exercised the right to effect the filing of a registration statement under Section 10.2(a) as a result of such notice.

More Definitions of Majority of the Holders

Majority of the Holders means at any time Holders representing a majority of the Registrable Securities.

Majority of the Holders means Holders of a majority of the shares of Series B Preferred Stock Outstanding at the time (excluding any shares of Series B Preferred Stock owned by Affiliates of the Company)

Majority of the Holders means Holders with an aggregate Ownership Percentage of more than fifty percent (50%).

Majority of the Holders means those Holders holding at any time a majority of the Registrable Securities and Transferees of such Persons' Registrable Securities with respect to the rights that such Transferees shall have acquired in accordance with SECTION 9, at such times as such Persons shall have beneficial or record ownership of Registrable Securities. 1997 NOTE PURCHASE AGREEMENT. "1997 Note Purchase Agreement" and "2000 NOTE AND STOCK PURCHASE AGREEMENT" shall have the meanings given to each in the RECITALS.

Majority of the Holders means, at any relevant time, the Holders of a majority of the nominal amount of the Notes that are at any relevant time outstanding.

Majority of the Holders means a vote of the holders of greater than 60% of the outstanding shares of Preferred Stock; provided, however, that, if some or all of the Preferred Shares have been converted into Shares, Majority of the Holders shall mean a vote of the holders of greater than 60% of the Shares, giving pro forma effect to the conversion of all outstanding shares of Preferred Stock, whether or not actually issued and outstanding.

Majority of the Holders means persons holding more than 60% of the outstanding shares of Series C Preferred.