Requisite Vendors definition

Requisite Vendors means [**];
Sample 1Sample 2Sample 3
Requisite Vendors means, on any date of determination, those Vendors who hold in the aggregate more than fifty percent (50%) of the Registrable Shares held by all of the Vendors on such date of determination.
Sample 1
Requisite Vendors means, at any time, Vendors then holding more than fifty-one (51.0%) of the then aggregate unpaid principal amount of all Forbearances then outstanding or, if no such Forbearances are then outstanding, Vendors then having more than fifty-one percent (51.0%) of the Aggregate Commitment; provided, however, that (a) in the event there shall be only two (2) Vendors, both such Vendors and (b) in the event that there shall be any Vendor which is an Affiliate of Purchaser such Vendor's shares shall not be included in the above percentage calculation.
Sample 1

Examples of Requisite Vendors in a sentence

  • The transactions contemplated herein shall be completed as of the Effective Time by way of electronic closing or any location agreed upon in writing by the Purchaser and the Requisite Vendors provided, however, that the Parties agree that Closing shall take effect from the Effective Time.

  • The D&O Tail Policy will be for a claim period of [**] following the Closing Date and provide for coverage and amounts as are acceptable to the Requisite Vendors.

  • Any such waiver and election by the Purchaser or the Requisite Vendors, as the case may be, will only serve as a waiver of that specific Closing condition.

  • If any of the conditions set forth in Section 5.9.1 have not been satisfied, the Purchaser may elect in writing to waive any such condition and proceed with the completion of the transactions contemplated hereby and, if any of the conditions set forth in Section 5.9.2 have not been satisfied, the Requisite Vendors may elect in writing to waive any such condition and proceed with the completion of the transactions contemplated hereby.

  • No Party shall issue any press release or otherwise make public statements or filings with respect to this Agreement or the Closing Documents, or the transactions contemplated herein or therein, without the consent of the other Parties (or, in the case of the Purchaser, of the Requisite Vendors, if before the Closing, or the Vendors’ Delegate, if after the Closing) which consent shall not be unreasonably withheld or delayed.

  • The Requisite Vendors shall request the Purchaser’s consent to proceed with any decision, act or event which contravenes the foregoing, such consent not to unreasonably be withheld.

  • The Vendors’ Delegate, or any subsequent Person serving in such capacity, may resign from such role upon at least ten (10) Business Days’ prior written notice to the Purchaser and the Requisite Vendors.

  • If the Vendor Representative shall be unable or unwilling to serve in such capacity, the Vendor Representative’s successor shall be named by those Vendors representing the Requisite Vendors, who shall serve and exercise the powers of the Vendor Representative hereunder.

  • Administrative Agent shall take such action with respect to such Event of Default as shall be requested by Requisite Vendors in accordance with SECTION 6; provided, however, that unless and until Administrative Agent shall have received any such request, Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Event of Default as it shall deem in the best interest of Vendors.

  • If Administrative Agent shall resign as Administrative Agent under this Agreement and the other Credit Documents, then Requisite Vendors shall appoint a successor Administrative Agent; provided, however, that such successor shall also be an Eligible Assignee.


More Definitions of Requisite Vendors

Requisite Vendors means Vendors entitled to receive 85% of the Purchase Price payable to the Vendors, provided that if consent or action of the Requisite Holders is required in circumstances where the consent or action relates solely to the Closing Stock, the Earn-Out Stock or the Deferred Cash Purchase Price, Requisite Vendors shall means Vendors entitled to receive a majority of the Closing Stock, the Earn-Out Stock or the Deferred Cash Purchase Price, as applicable that is issuable or payable to the Vendors.
Sample 1

Related to Requisite Vendors

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

  • Requisite Shareholder Approval means the affirmative vote of a majority of the outstanding shares of the Company’s Voting Stock (voting together as a single class) and the affirmative vote of a majority of the outstanding shares of Common Stock (voting separately as a single class), in each case approving the amendment of the Company’s amended and restated articles of incorporation to increase the number of authorized shares of Common Stock to 150,000,000 shares.

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Requisite Holders means at any time holders of Warrant Shares and Warrants representing at least a majority of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.

  • Requisite Stockholder Approval has the meaning set forth in Section 3.2.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • Requisite Consents means all approvals, permissions and consents (whether statutory or otherwise) required from time to time from parties other than the Consultees in respect of the works or activities covered by a Proposal;

  • Required Consent has the meaning set forth in Section 4.4.

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Requisite Investors means the holders of a majority of the Registrable Securities then held by the Investors.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Required Buyers means Buyers having Purchase Prices in the aggregate that are at least equal to a majority of the aggregate Purchase Price for all Buyers.

  • Majority Purchasers means one or more Purchasers representing more than 50% of the aggregate Commitments of all Purchasers (or, if the Commitments have been terminated, Purchasers representing 100% of the aggregate outstanding Capital held by all the Purchasers); provided, however, that in no event shall the Majority Purchasers include fewer than two (2) Purchasers at any time when there are two (2) or more Purchasers.

  • Required Company Stockholder Vote shall have the meaning set forth in Section 2.5.

  • Super-Majority Banks means, at any time, Banks holding Loans representing at least 66-2/3% of the aggregate principal amount of the Loans outstanding, or if no Loans are outstanding, Banks having Commitments representing at least 66-2/3% of the Total Commitment.

  • Required Consents shall have the meaning set forth in Section 4.5.

  • Requisite Amount has the meaning specified in the Spread Account Agreement.

  • Required Purchasers means the Purchasers holding a majority of the Registrable Securities.

  • 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.

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Authorized Share Approval means approval of the Amendment by the shareholders of the Company.