Priority Holders definition

Priority Holders means the following persons who have previously been granted registration rights by Parent: (i) Sirrom Capital Corporation, (ii) NationsBanc Capital Corporation, (iii) CMG@Ventures, L.P., (iv) WorldCom, Inc., (v) those former stockholders and other equity owners of Voice-Tel Enterprises, Inc. ("VTE"), VTN, Inc. and the franchisees of VTE, and (vi) the former stockholders of VoiceCom Holdings, Inc. pursuant to the acquisition agreement between Parent and certain stockholders of VoiceCom.
Priority Holders has the meaning set forth in Section 3.2.
Priority Holders the holders of the Priority Obligations.

Examples of Priority Holders in a sentence

  • The Senior Priority Representative shall act for the Senior Priority Secured Parties as provided in this Agreement, and shall be entitled to so act at the direction of the Requisite Senior Priority Holders from time to time.

  • The number of securities to be offered for the accounts of the Holders shall be reduced to zero before the number of securities to be offered for the accounts of the Priority Holders is reduced.

  • The Senior Priority Representative shall act for the Senior Priority Secured Parties as provided in this Agreement, and shall be entitled to so act at the direction of the requisite Senior Priority Holders from time to time.

  • In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall govern and control as between the First Priority Collateral Trustee, the First Priority Indenture Trustee, the Second Priority Collateral Trustee, the Second Priority Indenture Trustee, and any other Second Priority Holders (as such terms are defined in the Intercreditor Agrement).

  • The First Priority Indenture Trustee shall as soon as practicable notify the Company and the First Priority Holders of the effective date and the amount of each such change in interest rate.

  • No failure by the Company, any Restricted Subsidiary, any First Priority Guarantor, or the First Priority Indenture Trustee to comply with the procedures of this Section 3.3 shall in any way impair the rights of the First Priority Holders to receive the Redemption Price in connection with any Optional Redemption or Mandatory Redemption.

  • The obligations of each First Priority Guarantor under its First Priority Guarantee and this First Priority Indenture are in addition to and not in substitution for any other obligations to the First Priority Indenture Trustee, the First Priority Collateral Trustee, and to any of the First Priority Holders in relation to this First Priority Indenture, the First Priority Securities, and each other First Priority Document and any guarantees or security at any time held by or for the benefit of any of them.

  • The Collateral Trustee shall be authorized to take such action for which the consent or approval of the Requisite Second Priority Holders is required in reliance on such certificates.

  • The Company may redeem the Second Priority Securities, in whole or in part, at any time, subject to compliance with Section 3.3 and indefeasible payment of the Redemption Price to the Paying Agent on the Redemption Date for the benefit of the Second Priority Holders whose Second Priority Securities are being redeemed (each such redemption being an “Optional Redemption”).

  • All payments (including prepayments) to be made by the Company hereunder, whether on account of principal, interest, fees or otherwise, shall be made without setoff or counterclaim and shall be made prior to 10:00 a.m., New York City time, on the Business Day immediately preceding the due date thereof to the Paying Agent, for the account of the First Priority Holders, in U.S. dollars and in immediately available funds.


More Definitions of Priority Holders

Priority Holders means Jacxxxx, XancBoston, GECC and PNC.
Priority Holders shall have the meaning set forth in Section 4.2.
Priority Holders means any person qualifying as a "Holder" under the 1994 Agreement.
Priority Holders means Priority Investment Holdings, LLC and Priority Equity Incentive Holdings, LLC or their Affiliates.
Priority Holders means the Crest Group, Jackxxx, XxncBoston, the RTK Stockholder, the CRI Stockholder, Prudential, RFM CRI LLC, the Telecrafter Stockholder, GECC and PNC.
Priority Holders has the meaning specified therefore in Section 2.01 (c) of this Agreement.

Related to Priority Holders

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

  • Majority Holder as used in this Section 7.4 shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all of the Registrable Securities.

  • Holders means the holder or holders, as the case may be, from time to time of Registrable Securities.

  • Equity Holders means the Stockholders and the Option Holders.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Second Lien Noteholders means the registered holders, from time to time, of the Second Lien Notes, as determined in accordance with the relevant Second Lien Notes Indenture.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

  • Senior Noteholders means the holders of the Senior Notes.

  • Security Holder means the holder of a Security.

  • Initial Holders has the meaning set forth in the preamble.

  • Class C Noteholders means the holders of any Class C Notes from time to time.

  • Instituting Noteholders has the meaning set forth in Section 7.6(a) of the Indenture.

  • Priority Non-Tax Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Requesting Noteholders shall have the meaning ascribed thereto in Section 12.01 of the Indenture.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

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

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • Priority Non-Tax Claim means any Claim other than an Administrative Expense Claim or a Priority Tax Claim, entitled to priority in payment as specified in section 507(a) of the Bankruptcy Code.

  • priority date means the date of the earlier application that serves as the basis for the right of priority provided for in the Paris Convention;

  • Class A-2 Noteholders means the Class A-2a Noteholders and the Class A-2b Noteholders.

  • Eligible Holders has the meaning set forth in Section 2.01(a).

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.

  • Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.