Majority of the Purchasers definition

Majority of the Purchasers means Purchasers who together are purchasing more than 50% of the Shares reflected on Exhibit A.
Sample 1Sample 2Sample 3
Majority of the Purchasers means those Purchasers which, at the time of determination thereof, individually or in the aggregate, are committed to purchase pursuant to this Agreement a majority of the stated value of the Securities.
Sample 1
Majority of the Purchasers means a vote of at least two-thirds of the Purchasers based on (i) prior to the Closing, the Pro Rata Percentages of the Purchasers and (ii) after the Closing, the number of Ordinary Shares owned by the Purchasers at the relevant time.
Sample 1

Examples of Majority of the Purchasers in a sentence

  • From and after the occurrence of any Termination Day, the Purchased Interest shall (until the event(s) giving rise to such Termination Day are satisfied or are waived by the Administrator and a Simple Majority of the Purchasers) be deemed to be 100%.

  • No provision of this Agreement may be amended or waived other than by an instrument in writing signed by the Company following the approval by the Board by a majority of all the Directors and a Majority of the Purchasers or, in the case of Article 6, the Holders of at least two-thirds (2/3) of the outstanding Registrable Securities, or in the case of a waiver, by the party against whom enforcement of such waiver is sought.

  • Such agreement, among others, provides for the assignment by individual inventors to Identix of all rights, title and interest in any and all patents related to or arising out of this Agreement.

  • SmartGate shall not assign this Agreement without first obtaining the written permission of the Super Majority of the Purchasers.

  • If a Majority of the Purchasers are unable to agree among themselves on such a selection within a thirty (30) day period, the selection of an appraiser or investment banking firm for the Purchasers shall be made by the Board of Directors of the Company.

  • The Closing will be held at the offices of Bxxxxxx MxXxxxxxx LLP, 300 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 or at such other place as shall be agreed upon by the Company and a Majority of the Purchasers.

  • The Managers may, from time to time as it deems advisable, appoint officers of the Company (the “Officers”), assign in writing titles (including, without limitation, Chairman, President, Vice President, Treasurer and Secretary) to any such persons and set forth in writing such persons duties and powers.

  • Except as otherwise expressly provided herein, the provisions of this Agreement may be amended and the Company may take any action herein prohibited, or omit to perform any act herein required to be performed by it, only if the Company has obtained the written consent of a Majority of the Purchasers.

  • A Majority of the Purchasers may waive any condition, right, breach or default that the Purchasers have the right to waive, and such waiver shall be effective against all the Purchasers, provided that such manner will not be effective against all the Purchasers unless it is in writing signed by a Majority of the Purchasers and specifically refers to this Agreement.

  • Darren, just minutes ago an unnamed administration official told me, “Yes, it’s true.


More Definitions of Majority of the Purchasers

Majority of the Purchasers means the Purchasers holding Debentures representing at least a majority of the principal then outstanding under the Debentures.
Sample 1

Related to Majority of the Purchasers

  • Majority of the Trustees means a majority of the Trustees in office at the time in question. At any time at which there shall be only one (1) Trustee in office, such term shall mean such Trustee.

  • Majority Purchasers means one or more Purchasers representing more than 50% of the aggregate Commitments of all Purchasers (or, if the Commitments have been terminated, Purchasers representing 100% of the aggregate outstanding Capital held by all the Purchasers); provided, however, that in no event shall the Majority Purchasers include fewer than two (2) Purchasers at any time when there are two (2) or more Purchasers.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • Majority Investors means, as of any date, the holders of a majority of the Investor Shares outstanding on such date.

  • Majority Noteholders means the Holders of a majority by principal amount of the most senior then outstanding class of Notes.

  • majority of the outstanding shares means the lesser of (a) sixty-seven percent (67%) or more of the shares present at a meeting if more than fifty percent (50%) of these shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding shares.

  • 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.

  • Majority Purchaser Agents means a minimum of two Purchaser Agents which in their related Purchaser Group have Related Committed Purchasers whose Commitments aggregate more than 50% of the aggregate Commitment of all Related Committed Purchasers in all Purchaser Groups.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Majority of Holders Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose of this Agreement, a holder of shares of Common Stock which constitute Transfer Restricted Securities shall be deemed to hold an aggregate principal amount of the Notes (in addition to the principal amount of the Notes held by such holder) equal to the quotient of (x) the number of such shares of Common Stock held by such holder and (y) the conversion rate in effect at the time of their issuance upon conversion of the Notes as determined in accordance with the Indenture.

  • Majority Banks means at any time Banks holding more than 50% of the Commitments, or if the Commitments have been terminated, Banks holding more than 50% of the then aggregate unpaid principal amount of the Advances.

  • Majority in Interest of the Partners means Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners entitled to Consent to or withhold Consent from a proposed action.

  • Required Holders means, at any time, the holders of at least 51% in principal amount of the Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates).

  • Note Majority means a majority by principal amount of the Noteholders.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Required Purchasers means the Purchasers holding a majority of the Registrable Securities.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • Purchaser Board means the board of directors of the Purchaser;

  • Super-Majority Banks means, at any time, Banks holding Loans representing at least 66-2/3% of the aggregate principal amount of the Loans outstanding, or if no Loans are outstanding, Banks having Commitments representing at least 66-2/3% of the Total Commitment.

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

  • Majority Holders means the Holders of a majority of the aggregate principal amount of Securities registered under a Registration Statement.

  • Majority Owner has the correlative meaning.

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