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.

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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

Any attempt by a party to sell or transfer Company securities 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 without the written consent of the Majority Series A Holders, the Majority Series B Holders and the Majority Series C Holders (or their respective permitted assigns).
In addition to such other limitations as may be provided in the Restated Articles, for so long as the Series C Preferred Holders hold no less than five percent (5%) of the outstanding shareholding of the Company (on an as-converted and fully diluted basis), the following acts of the Group Companies shall require the prior written approval of the Majority Series C Holders.
Any press release issued by the Company shall not disclose any of the Financing Terms and the final form of such press release shall be approved in advance in writing by the Majority Series A Holders, the Majority Series B Holders and the Majority Series C Holders.
No other announcement regarding any of the Financing Terms in a press release, conference, advertisement, announcement, professional or trade publication, mass marketing materials or otherwise to the general public may be made without the prior written consent of the Majority Series A Holders, the Majority Series B Holders and the Majority Series C Holders.

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, 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.

Majority Series C Holders means the holders of no less than 75% of all issued Series C Preferred Shares then outstanding.