Majority Preferred Shareholders definition

Majority Preferred Shareholders means the holders of the majority of the issued and outstanding Preferred Shares (calculated on an as converted basis).
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Majority Preferred Shareholders means the Preferred Shareholder(s) representing more than 50% of the total Ordinary Shares (calculated on an as-converted basis) that all Preferred Shareholders hold in the Company.
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Majority Preferred Shareholders means the holders of at least two thirds (2/3) of the voting power of the then outstanding Preferred Shares (voting as one separate class on an as converted basis).
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Examples of Majority Preferred Shareholders in a sentence

  • Subject to the Memorandum and Articles, the number of shareholders necessary to constitute a quorum at any annual or extraordinary general meeting shall be the shareholders representing more than fifty percent (50%) of the Ordinary Shares (calculated on an as-converted basis) issued and outstanding of the Company (including Majority Preferred Shareholders and Majority Founding Parties).

  • Any attempt by a party to sell or transfer Non-Investor Ordinary Shares in violation of this Section 4 shall be void and the Company hereby agrees it will not effect such a transfer nor will it treat any alleged transferee as the holder of such shares unless with the written consent of the Majority Preferred Shareholders and subject to the provisions of Section 8 under this Agreement.

  • The term “Document” expressly includes electronic or magnetic data as referenced in Tex.

  • No Holder of Registrable Securities shall be granted piggyback registration rights superior to those of the Holders of the Preferred Shares without the consent in writing of the Majority Preferred Shareholders.

  • Subject to Section 8.5 of this Agreement, the Majority Preferred Shareholders shall have the right to nominate new management personnel to the Company, subject to the approval of the Board.

  • In addition to the restrictions set forth in Section 6.2 and Section 6.3, without the prior consent of Majority Preferred Shareholders, the Key Holders or any other holder of any Ordinary Shares (excluding the Ordinary Shares upon the conversion of the Preferred Shares) or their successors in interest (each a “Restricted Shareholder”), shall not effect a Transfer to any other party at any time prior to an IPO, regardless of their employment status with the Company at that time.

  • The Trustee or the Issuer shall execute and deliver at the Majority Preferred Shareholder's direction such instruments of transfer or assignment prepared by the Majority Preferred Shareholder, in each case without recourse, as shall be necessary to transfer title to the Majority Preferred Shareholder or its designee of the Senior Tranche(s) and the Trustee shall have no responsibility with regard to such Senior Tranche(s).

  • When, and if approved by the Majority Preferred Shareholders (including Majority Series E Preferred Shareholders), the Company shall pay dividends to all the Shareholders in proportion to the number of fully paid Shares held by such Shareholder on an as-converted basis.

  • Subject to the sentence below with respect to Permitted Transfers, without the prior written consent of the Majority Preferred Shareholders (including the Majority Series E Preferred Shareholders), none of the Founders shall transfer, assign, encumber or otherwise make the subject of disposition any Ordinary Shares directly or indirectly owned by them prior to the consummation of the Qualified IPO.

  • Subject to Section 6.4, this Agreement may only be amended with the written consent of (i) the Company; (ii) the Majority Preferred Shareholders; and (iii) the Majority Ordinary Shareholders.


More Definitions of Majority Preferred Shareholders

Majority Preferred Shareholders means collectively, the holders of a simple majority of the voting power of the Series A Preferred Shares, and the holders of a simple majority of the voting power of the Series B Preferred Shares.
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Majority Preferred Shareholders means the holders of more than fifty percent (50%) of the voting power of the outstanding Preferred Shares, voting as a single class and on an as-converted basis.
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Majority Preferred Shareholders means Majority Series A Preferred Shareholders, Majority Series B Preferred Shareholders, Majority Series C Preferred Shareholders, Majority Series D Preferred Shareholders, Majority Series D+ Preferred Shareholders and Majority Series E Preferred Shareholders.
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Majority Preferred Shareholders means the holders of more than fifty percent (50%) voting power of the outstanding Preferred Shares, voting as a single class and on an as-converted basis.
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Majority Preferred Shareholders means the Majority Series A Preferred Shareholders, the Majority Series B Preferred Shareholders, the Majority Series C Preferred Shareholders, the Majority Series D Preferred Shareholders, the Majority Series D+ Preferred Shareholders and the Majority Series E Preferred Shareholders.
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Related to Majority Preferred Shareholders

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

  • Preferred Shareholders means the holders of Preferred Shares.

  • 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 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.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Ordinary Shareholders means the holders of Ordinary Shares;

  • Majority Stockholder means, collectively or individually as the context requires, TPG Capital, L.P., Apollo Global Management, LLC and/or their respective affiliates.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Independent Shareholders means holders of outstanding Voting Shares, excluding (i) any Acquiring Person, (ii) any Offeror, (iii) any Affiliate or Associate of any Acquiring Person or Offeror, (iv) any Person acting jointly or in concert with any Acquiring Person or Offeror, and (v) any employee benefit plan, share purchase plan, deferred profit sharing plan or trust for the benefit of employees of the Corporation or a wholly-owned Subsidiary of the Corporation (unless the beneficiaries of such plan or trust direct the manner in which such Voting Shares are to be voted or direct whether the Voting Shares are to be deposited or tendered to a Take-Over Bid, in which case such plan or trust shall be considered to be an Independent Shareholder).

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Company Shareholders means holders of Company Shares.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Purchaser Preferred Stock means the shares of preferred stock, par value $0.0001 per share, of the Purchaser.

  • Company Preferred Shares means, collectively, the Company Series A-1 Preferred Shares, the Company Series A-2 Preferred Shares, the Company Series B Preferred Shares, and the Company Undesignated Preferred Shares.

  • Class A Shareholder means a holder of Class A Shares;

  • 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.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.