Requisite Vendors definition

Requisite Vendors means [**];
Sample 1Sample 2Sample 3
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
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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.


More Definitions of Requisite Vendors

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

Related to Requisite Vendors

  • 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 the holders of the Warrants representing a majority of the shares of Common Stock underlying the Warrants then outstanding.

  • Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.

  • 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.

  • Required Shareholder Approval has the meaning specified in Section 2.2(2).

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

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • 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 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 Holders means the holders of at least a majority of the Registrable Securities.

  • Requisite Lenders means Lenders having (a) more than 66 2/3% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Loans.