Majority Warrantholders definition

Majority Warrantholders means the holders of a majority of Warrant Shares issuable upon exercise of all of the warrants issued pursuant to Section 1.02(b) of the Credit Agreement assuming the exercise of all such warrants.

Majority Warrantholders means the holders of a majority of Warrant Shares issuable upon exercise of all of the warrants issued pursuant the Purchase Agreement assuming the exercise of all such warrants.

Majority Warrantholders means at any time holders of more than 50% of the Warrants or, if the Warrants have been exercised, the Warrant Shares.

Examples of Majority Warrantholders in a sentence

• The Majority Warrantholders shall be entitled at any time to remove the Warrant Agent and appoint a successor to such Warrant Agent.

• Any supplement or amendment not covered by the preceding sentence shall require the consent of the Majority Warrantholders, the Company and the Warrant Agent.

• Notwithstanding any other provision of this Warrant, the Exercise Price shall not be adjusted below the par value of a share of Common Stock.; provided, however, that the written consent of the Majority Warrantholders shall be required prior to any increase in the par value of the shares of Common Stock.

• Any provision of this Warrant may be amended and the observance thereof waived with the written consent of the Company and the Warrantholder or by the written consent of the Company and the Majority Warrantholders.

• For purposes of this Section 5, fair market value of a Share as of a particular date shall be as determined in accordance with the procedures for valuing the Series A Preferred set forth in subsection IV.C.4(a) of the Certificate of Incorporation of the Company as in effect on the date hereof (with the Representative (as defined therein) to be selected by the Majority Warrantholders).

More Definitions of Majority Warrantholders

Majority Warrantholders means the holders of more than 50% of the aggregate number of Warrant Shares issuable upon the exercise of (a) this Warrant and (b) any warrants issued upon the transfer of portions of this Warrant by the Warrantholder to other holders.

Majority Warrantholders means the holders of at least fifty-one percent (51%) of the Senior Warrants (based on the number of shares of Common Stock for which such Senior Warrants may be exercised).

Majority Warrantholders means the holders of a majority of Warrant Shares issuable upon exercise of all of the Company Warrants issued pursuant to the Investment Agreement assuming the exercise of all such Company Warrants.

Majority Warrantholders has the meaning given in the Warrant Instrument;

Majority Warrantholders means, at any time, any one or more holders holding Warrants or being proxies or representatives in respect of Warrants and representing, in the aggregate, more than 50 per cent. of the aggregate number of all Warrants then unexercised.

Majority Warrantholders means the holders of a majority of Warrant Shares issued or issuable upon exercise of all of the Warrants issued pursuant the Purchase Agreement, assuming the full exercise of all such Warrants.

Majority Warrantholders means the percentage required for the passing of binding resolutions pursuant to Paragraph 17 or 19 (as the case may be) of Schedule 3.