Required Securityholders definition

Required Securityholders. Holders who hold Securities evidencing not less than 51% of the aggregate Voting Rights of the Securities; provided, however, that for purposes of Section 10.05(b), such percentage shall be increased to 66-2/3%.
View Source
Required Securityholders means Dolphin and the holders of Series A Preferred holding a majority of the outstanding shares of Series A Preferred not held by Dolphin.
View Source
Required Securityholders means, at the relevant time of reference thereto, those Securityholders holding, in the aggregate, fifty percent (50%) of the Registrable Securities then outstanding and then held by all Securityholders.
View Source

Examples of Required Securityholders in a sentence

  • The Required Securityholders may on behalf of the Securityholders of all the Securities waive any past default hereunder and its consequences.

  • Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the Required Securityholders.

  • This Agreement may not be assigned by a party hereto without the prior written consent of the Company and the Required Securityholders.

  • This Agreement may not be amended except by an instrument in writing signed by the Company and by the Required Securityholders.

  • Except as otherwise provided herein, the provisions of this Agreement may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given, unless the Company has obtained the written consent of the Required Securityholders, which amendment, modification, supplement, waiver or departure shall be binding on all Securityholders.


More Definitions of Required Securityholders

Required Securityholders means Securityholders of record as of the Closing Date that collectively hold that number of Outstanding Common Shares and Converted Outstanding Series A Preferred Shares equal to 95% or more of all Outstanding Common Shares and Converted Outstanding Series A Preferred Shares.
View Source
Required Securityholders means Securityholders holding more than 50% in number of the aggregate number of Registrable Securities, or more than 50% in number of Registrable Securities participating in a given Registration, as the context requires.
View Source
Required Securityholders means Securityholders of record as of the Closing Date that collectively hold 100% of the Outstanding Common Shares.
View Source