Requisite Percentage of Outstanding Holders definition

Requisite Percentage of Outstanding Holders means the Holders of Registrable Securities who, hold 50.1% or more of the total Registrable Securities that would then be outstanding.
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Requisite Percentage of Outstanding Holders mean the holders of Registrable Securities who hold 33% or more of the total Option Shares and Primary Shares (counted as a single group) that are then outstanding (assuming that the then exercisable portion of the First Option (if any) and the then exercisable portion of the Second Option (if any) had been exercised for Option Shares).
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Requisite Percentage of Outstanding Holders means the Holders of Registrable Securities who, assuming conversion of all of the then outstanding Series B Preferred, Series C Preferred and Series D Preferred into
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Examples of Requisite Percentage of Outstanding Holders in a sentence

  • At any time and from time to time, one or more Holders representing the Requisite Percentage of Outstanding Holders will have the right pursuant to this Section 3.1 to request a registration of all or a portion of the Registrable Securities pursuant to a resale Registration Statement.

  • At any time and from time to time, commencing immediately after the effective date of a registration statement to be filed by the Company to register shares issued in a private placement, a portion of which closed concurrently with the Merger, one or more Holders representing the Requisite Percentage of Outstanding Holders will have the right pursuant to this Section 3.1 to request a registration of all or a portion of the Registrable Securities pursuant to a resale Registration Statement.


More Definitions of Requisite Percentage of Outstanding Holders

Requisite Percentage of Outstanding Holders means the Holders of Registrable Securities who, assuming conversion of all of the then outstanding Notes into Conversion Shares, would hold 50.1% or more of the total Conversion Shares that would then be outstanding.
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Related to Requisite Percentage of Outstanding Holders

  • Requisite Percentage shall have the meaning set forth in Section 23(c)(i) hereof.

  • majority of the outstanding shares means the lesser of (a) sixty-seven percent (67%) or more of the shares present at a meeting if more than fifty percent (50%) of these shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding shares.

  • Company Outstanding Shares means the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time, expressed on a fully-diluted and as-converted to Company Common Stock basis.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Total Outstanding Shares means the aggregate number of shares of Company Common Stock outstanding immediately prior to the Effective Time, plus the aggregate number of shares of Company Preferred Stock outstanding immediately prior to the Effective Time, and plus the aggregate number of shares of the Company Common or Preferred Stock issuable, with or without the passage of time or satisfaction of other conditions, upon exercise of the rights to obtain such shares pursuant to Company Convertible Securities immediately prior to the Effective Time.

  • Aggregate Revolver Outstandings means, at any date of determination: the sum of (a) the unpaid balance of Revolving Loans, (b) the aggregate amount of Pending Revolving Loans, (c) one hundred percent (100%) of the aggregate undrawn face amount of all outstanding Letters of Credit, and (d) the aggregate amount of any unpaid reimbursement obligations in respect of Letters of Credit.

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

  • Total Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans, all Swing Line Loans and all L/C Obligations.

  • Outstanding Credit Exposure means, as to any Bank at any time, the sum of (i) the aggregate principal amount of its Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the LC Obligations at such time.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Total Revolving Credit Exposure means, as to any Revolving Credit Lender at any time, the unused Revolving Credit Commitments and the Revolving Credit Exposure of such Revolving Credit Lender at such time.

  • Original Class A Percentage The Class A Percentage as of the Cut-Off Date, as set forth in Section 11.04.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.

  • Aggregate Revolving Credit Outstandings shall have the meaning provided in Section 5.2(b).

  • Outstanding Dollar Principal Amount has the meaning specified in the Indenture.

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.

  • Aggregate Exposure Percentage with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate Exposure at such time to the Aggregate Exposure of all Lenders at such time.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time.