Majority Series B Investors definition

Majority Series B Investors means the holders of more than fifty percent (50%) of the voting power of the issued and outstanding Series B Preferred Shares (voting together as a single class and on an as-converted basis).
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Majority Series B Investors means the Series B Investors holding more than fifty percent (50%) of the then outstanding Series B Preferred Shares.
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Majority Series B Investors means the holders of more than fifty percent (50%) of the Series B Preferred Shares then outstanding.
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Examples of Majority Series B Investors in a sentence

  • A provision of this Agreement may only be amended and the observance thereof may only be waived (either generally or in a particular instance and either retroactively or prospectively) with the written consent of the Company and the Majority Investors, except for Section 5 which may be amended with the written consent of the Majority Series A Investors, the Majority Series B Investors and the holders of a majority of the Ordinary Shares.

  • The rights conferred upon the Board of Directors of the Company as set forth in this Section 10 shall not be revoked or rescinded in any case except with the consent of a majority of the holders of Ordinary Shares, the Majority Series A Investors and the Majority Series B Investors.

  • The Majority Series A Investors and Majority Series B Investors shall each have the right to challenge any determination by the Board of Directors of fair market value pursuant to this Article 125(h), in which case the determination of fair market value shall be made by an independent appraiser selected jointly by the Board of Directors and the challenging parties, the cost of such appraisal to be borne equally by the Company and the challenging parties.

  • This Agreement constitutes an amendment and restatement of the Existing Agreement pursuant to Section 14 thereof and shall become effective and binding on all parties thereto and persons bound by the terms thereof upon obtaining the consent evidenced by execution of this Agreement by the Company, the Majority Investors and the Majority Series B Investors.

  • Each of the Key Shareholders and the Company undertake to use its best efforts to, within thirty-six (36) months from the date of the Series B Closing: (i) consummate a Qualified IPO of the Company acceptable to the Series A Directors and Majority Series B Investors, or (ii) consummate a Sale of the Company.

Related to Majority Series B Investors

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

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

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

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • Majority Stockholder means any person that would be a “50-percent shareholder” (within the meaning of section 382(g)(4)(D) of the U.S. Tax Code) of Common Stock if such person claimed a Worthless Stock Deduction at any time on or after the Petition Date.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • CD&R Investors collectively, (i) CD&R Fund VIII, (ii) CD&R Friends & Family Fund VIII, L.P., a Cayman Islands exempted limited partnership, and any successor in interest thereto, and (iii) any Affiliate of any CD&R Investor identified in clauses (i) and (ii) of this definition.

  • Lead Investors means collectively, BlackRock, GSO, Magnetar and, solely for purposes of Section 2.02(b), Investment Partners V (II), LLC.

  • Investor Group means the Sponsor and its affiliates, successors and assigns.

  • Majority Participating Holders means Participating Holders holding more than 50% of the Registrable Securities proposed to be included in any offering of Registrable Securities by such Participating Holders pursuant to Section 2.1 or Section 2.2.

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • 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 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.

  • Other Investors shall have the meaning set forth in the Preamble.

  • Series A Shares means the Company’s Series A Preferred Stock, par value $0.01 per share.

  • Existing Investors shall have the meaning given in the Preamble hereto.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Super-Majority Banks means at any time Banks having at least 85% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing at least 85% of the aggregate unpaid principal amount of the Loans.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Majority in Interest As to any Class of Regular Certificates, the Holders of Certificates of such Class evidencing, in the aggregate, at least 51% of the Percentage Interests evidenced by all Certificates of such Class.