Majority Voting Holders definition

Majority Voting Holders the holders of at least 51% of the Registrable Securities.
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Majority Voting Holders means the holders of at least 50.01% of the shares of Common Stock that are also Registrable Securities (assuming all shares of Series A Preferred Stock have been converted into shares of Common Stock).
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Majority Voting Holders means the holders of a majority of the combined voting power (with respect to matters for which the Voting Securities and the common stockholders are entitled to vote together) of all Voting Securities.
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Examples of Majority Voting Holders in a sentence

  • This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective permitted successors, personal representatives and assigns under this Section 11.2. The Company may not assign any of its rights or delegate any of its duties under this Agreement without the prior written consent of the Majority Voting Holders.

  • This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective permitted successors, personal representatives and assigns under this Section 10.2. The Partnership may not assign any of its rights or delegate any of its duties under this Agreement without the prior written consent of the Majority Voting Holders.

  • This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective permitted successors, personal representatives and assigns under this Section 11.2. The Partnership may not assign any of its rights or delegate any of its duties under this Agreement without the prior written consent of the Majority Voting Holders.

  • This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective permitted successors, personal representatives and assigns under this Section 9.2. The Company may not assign any of its rights or delegate any of its duties under this Agreement without the prior written consent of the Majority Voting Holders.

  • The Company agrees that it will take all steps necessary to effect a combination or subdivision of shares if in the judgment of the Majority Voting Holders or managing underwriter(s) such combination or subdivision would enhance the marketability of the Registrable Securities.

  • The Majority Voting Holders shall have the right to select the managing underwriter or underwriters to administer such offering; provided, that, such managing underwriter or underwriters shall be reasonably acceptable to the Company.

  • Notwithstanding anything to the contrary contained in this Agreement or elsewhere, the Majority Voting Holders shall have the exclusive right to cause the Company to exercise its option to exchange debt and equity securities of the Company for the Voting Preferred Shares pursuant to the terms of the certificate of designations governing the Voting Preferred Shares.

  • The Company agrees, if necessary, to supplement or make amendments to the Shelf Registration Statement, if required by the registration form used by the Company for the shelf registration or by the instructions applicable to such registration form or by the Securities Act or as may reasonably be requested by the Majority Voting Holders.

  • If the Majority Voting Holders so elect, such offering of Registrable Securities shall be in the form of an underwritten offering, and the Company shall amend or supplement the Shelf Registration Statement for such purpose.

  • The Company shall at all times maintain in force for the benefit of all directors and officers of the Company coverage from a reputable insurer selected by the Majority Voting Holders with coverages (including, without limitation, commercially available coverages against environmental liabilities) which are not less than Twenty Five Million Dollars ($25,000,000) and deductibles which are approved by the Majority Voting Holders.

Related to Majority Voting Holders

  • 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.

  • Acting Holders means, at the time of determination, Holders of at least 40% of the outstanding CVRs as set forth on the CVR Register.

  • 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 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.

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

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

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

  • 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.

  • 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.

  • Non-Directing Holders means the holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling class” or the duly appointed representative of the holders of such Certificates or such other party otherwise entitled under the Note A-2 PSA to exercise the rights granted to the Non-Directing Holders in this Agreement. If Note A-2 has not been included in a Securitization, the Non-Directing Holder with respect to such Note will be the then-current Holder of such Note.

  • Requesting Holders shall have the meaning given in Section 2.1.5.

  • Existing Holders shall have the meaning given in the Preamble.

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

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

  • Participating Holders means all Holders of Registrable Securities which are proposed to be included in any offering of Registrable Securities pursuant to Section 2.1 or Section 2.2.

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.

  • 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 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.

  • Key Holder Registrable Securities means (i) the shares of Common Stock held by the Key Holders, and (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of such shares.

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

  • Initiating Holder has the meaning set forth in Section 2.01(a).

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

  • Majority (as defined in the 0000 Xxx) of the Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the Board of Directors who are not "interested persons" (as defined in said Act) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. This Agreement is terminable, without penalty, on 60 days' written notice, by the Board of Directors of the Fund or by vote of holders of a majority of the Fund's shares, or upon 90 days' written notice, by the Adviser. This Agreement will also terminate automatically in the event of its assignment (as defined in said Act).

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

  • Selling Holders means, with respect to a specified registration pursuant to this Agreement, Holders whose Registrable Securities are included in such registration.

  • Majority Trustee Vote means the vote of a majority of the Trustees;