Required Purchasers definition

Required Purchasers means the Purchasers holding a majority of the Registrable Securities.
Required Purchasers means, at any time, collectively, the Financial Institutions with Commitments in excess of 66-2/3% of the aggregate Commitments and the Companies with Company Purchase Limits in excess of 66-2/3% of the aggregate amount of all Company Purchase Limits of all Companies hereunder.
Required Purchasers means, at any time, Purchasers holding Notes representing more than 50% of the aggregate principal amount of the Notes outstanding.

Examples of Required Purchasers in a sentence

  • If no such successor shall have been so appointed by the Required Purchasers and the Seller and shall have accepted such appointment within 60 days (or such earlier day as shall be agreed by the Required Purchasers) (the “Removal Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date.

  • Upon request by the Administrative Agent at any time, the Required Purchasers will confirm in writing the Administrative Agent’s authority to release its interest in particular types or items of Supporting Assets or other property pursuant to this Section.

  • The Seller shall not, without the prior written consent of the Administrative Agent and the Required Purchasers, make any change in the Seller’s name, identity, corporate structure or location or make any other change in the Seller’s identity or corporate structure that could impair or otherwise render any UCC financing statement filed in connection with this Agreement or any other Transaction Document “seriously misleading” as such term (or similar term) is used in the applicable UCC.

  • Accordingly, Labcorp agrees that it will not voluntarily resign as Servicer without the prior written consent of the Administrative Agent and the Required Purchasers.

  • Upon the occurrence of an Event of Default, the Administrative Agent may (with the consent of the Required Purchasers) and shall (at the direction of the Required Purchasers) designate as Servicer any Person (including itself) to succeed Labcorp or any successor Servicer, on such terms and conditions as the Administrative Agent may agree in its discretion.


More Definitions of Required Purchasers

Required Purchasers means Purchasers holding more than 50% in aggregate principal amount of the Notes.
Required Purchasers means, at any time, the Financial Institutions with Commitments in excess of 75% of the aggregate Commitments hereunder; provided, however, at any time there are only two Financial Institutions, “Required Purchasers” shall mean both such Financial Institutions.
Required Purchasers means, at any time, Purchasers holding more than fifty percent (50%) of the sum of the then aggregate outstanding principal balance of the Notes.
Required Purchasers means Purchasers holding or having the right to acquire 66.66% of the Shares and the Warrant Shares, at the applicable time.
Required Purchasers means, at any time, two or more Committed Purchasers whose Commitments at such time aggregate more than 66 2/3% of the PurchasersTotal Commitment at such time (or, if at such time, the Purchasers’ Total Commitment is zero, two or more Committed Purchasers whose Purchaser Group’s Purchaser Group Investment at such time aggregate more than 66 2/3% of the Total Investment at such time); provided that if at any time there is only one Committed Purchaser, Required Purchasers shall mean such Committed Purchaser.
Required Purchasers means Purchasers holding more than fifty percent (50%) of the principal amount of the Notes and the number of Warrants then outstanding or, if no Note or Warrant shall then be outstanding, more than fifty percent (50%) in interest of the Issuable Securities then issued and outstanding.
Required Purchasers means at any time Purchasers holding more than 50% of the aggregate Commitments of the Purchasers.