Majority Series D Holders definition

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

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

Majority Series D Holders means the holders of a majority of outstanding Series D Preferred Shares.

Examples of Majority Series D Holders in a sentence

In the event that the automatic conversion of Series D Preferred Stock is pursuant to the vote or consent of the Majority Series D Holders, the Majority Series D Holders shall give written notice to the Corporation and to each other holder of Series D Preferred Stock (the "Conversion Notice") promptly following the vote or consent, as applicable, that the shares of Series D Preferred Stock shall be converted to Common Stock.
The Director appointed by the Majority Series D Holders pursuant to this Section 17.1(i) is referred to as the “Series D Director”.
The anti-dilution provisions of this instrument may be waived with the written approval or consent of the Majority Series D Holders.
Unless waived by written approval or consent of the holders of at least sixty-seven percent (67%) of the outstanding shares of Series D Preferred Stock, voting together as a single class on an "as-converted" basis (the "Majority Series D Holders"), each of the following transactions shall be deemed to be a liquidation, dissolution or winding up of the Corporation as those terms are used in and for purposes of this Section 4 (each such event being a "Deemed Liquidation Event").
All shares Series D Preferred Stock then outstanding shall automatically be converted into shares of Common Stock, at the then effective Conversion Price, upon the vote or consent in writing of the Majority Series D Holders, as a single class.

More Definitions of Majority Series D Holders

Majority Series D Holders means the holders of more than fifty percent (50%) of the voting power of the then issued and outstanding Series D Shares and Series D1+ Shares.

Majority Series D Holders means the holders of more than 61% of the voting power of the then outstanding Series D+ Preferred Shares (voting together as a single class and to the exclusion of other classes and series of Shares).

Majority Series D 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 D Preferred.