Examples of Requisite Majority in a sentence
Any modifications, amendments, supplements or waivers to the Charge Documents shall require the consent of the Company, the Charge Agent and the Requisite Majority of each Series of Notes secured thereby voting separately.
Notwithstanding anything herein to the contrary, the consent for any release of the Note Floating Charge with respect to a Series of Notes or any modification, amendment, supplement or waiver to such Series or to the Charge Documents with respect to such Series, in each case in connection with such consent, requires the consent of the Requisite Majority of such Series of Notes voting separately.
Each of the Indenture Trustee and the holders of the Notes are express third party beneficiaries of this Agreement, and, as such, the Indenture Trustee or the Requisite Majority acting on behalf of the holders of the Notes (subject to the terms and conditions of the Indenture) shall have full power and authority to enforce the provisions of this Agreement against the parties hereto.
The undersigned parties, collectively representing the Requisite Majority, hereby waive on behalf of themselves and all other Investors, Common Holders and Lenders, all registration rights with respect to the Public Offering, including, without limitation, the registration rights provided in Section 3.2 of the Rights Agreement, and any related notice rights.
This Agreement may be amended by the Sellers and the Purchaser only with the prior written consent of the Indenture Trustee (acting at the written direction of the Requisite Majority).