Majority Series C Holders definition

Majority Series C Holders means the holders of more than fifty percent (50%) of the voting power of the outstanding Series C++ Preferred Shares, voting together as a single class.

Majority Series C Holders means the holders of more than sixty percent (60%) of the voting power of the outstanding Series C Preferred Shares, voting together as a single class.

Majority Series C Holders means, collectively, the holders of more than fifty percent (50%) of the then outstanding Series C-1 Preferred Shares and the Series C-2 Preferred Shares, and the Conversion Shares issued upon conversion thereof, on a fully-diluted and as-converted basis.

Examples of Majority Series C Holders in a sentence

• Upon receipt of a Series B-1 Redemption Request from the OOGEDT and, if applicable, a Series C Participation Request from the Majority Series C Holders, the Company shall apply all of its assets to any such redemption, and to no other corporate purpose, except to the extent prohibited by Delaware law governing distributions to stockholders.

• Xxxxxx shall be an independent director beginning November 1, 1997, and (z) one additional director who shall mutually acceptable to Nassau, Kamine and either AT&T or the Majority Series C Holders, provided that it is agreed that Xxxxxx X.

• The Company Written Consents include consents from the Majority Series C Holders, the Key Series D Holders, and the Required Key Investors, and are in full force and effect and have not been revoked.

• No adjustment in the Series C Conversion Price shall be made as the result of the issuance or deemed issuance of New Securities if the Company receives written notice from the Majority Series C Holders agreeing that no such adjustment shall be made as the result of the issuance or deemed issuance of such New Securities.

• No adjustment in the Series C+ Conversion Price shall be made as the result of the issuance or deemed issuance of New Securities if the Company receives written notice from the Majority Series C+ Holders agreeing that no such adjustment shall be made as the result of the issuance or deemed issuance of such New Securities.

More Definitions of Majority Series C Holders

Majority Series C Holders means, collectively, the Stockholders holding at least a majority of the then-outstanding shares of Series C Preferred Stock.

Majority Series C Holders means the holders of more than fifty percent (50%) of the voting power of the outstanding Series C Preferred Shares and/or Ordinary Shares converted therefrom (voting together as a single class and on an as converted basis).

Majority Series C Holders means the holders of more than fifty percent (50%) of the voting power of the Series C+ Preferred Shares and/or Ordinary Shares converted therefrom (voting together as a single class and on a fully-diluted and as converted basis), which shall include the Series C+ Preferred Shares issuable under the Series C+ Warrant and/or Ordinary Shares convertible therefrom.

Majority Series C Holders means the holders of a majority of the outstanding Company’s Series C Preference Shares (as such term is defined in the Company Charter).

Majority Series C Holders means the holders of more than two thirds (2/3) of the voting power of the then issued and outstanding Series C Shares, Series C1 Shares and Series C1+ Shares.

Majority Series C Holders means the holders of more than fifty percent (50%) of the voting power (for purpose of this Agreement, “more than” in respect of any amount, shall not include such amount) of the voting power of the outstanding Series C+ Preferred Shares, voting together as a single class.

Majority Series C Holders means, collectively, the record holders of at ------------------------- least two-thirds of the shares of Common Stock issued or issuable upon conversion of the shares of Series C Convertible Participating Preferred Stock, $0.01 par value per share, of the Company.