Series C-1 Majority definition

Series C-1 Majority means the Series C-1 Shareholder(s) holding at least 50% of the issued and outstanding Series C-1 Shares.
Series C-1 Majority shall have the meaning ascribed to it in Section 7.1.1.
Series C-1 Majority means holders of more than fifty percent (50%) of Series C-1 Shares

Examples of Series C-1 Majority in a sentence

  • Unless otherwise approved by the Series C-2 Majority, the Series C-1 Majority, the Series C Majority, the Series B Majority and the Series A Majority, any new shareholder of the Company who is not already a Party to this Agreement shall, not later than the time that it becomes a shareholder of the Company, agree in writing that it adheres to, and will be bound by, the terms of this Agreement as a Party to this Agreement.

  • At any time prior to the QIPO, each of the Founder Parties shall not Transfer any Shares directly or indirectly owned by them without the prior written consent of the Series C-2 Majority, the Series C-1 Majority, the Series C Majority, the Series B Majority and the Series A Majority, other than any Transfer of Shares pursuant to the enforcement of the Founder Share Charge and the Holding Company Share Charge (each as defined in the Series C SSA).

  • In any Public Offering, the managing underwriter shall be a nationally recognized investment banking firm chosen by the Board with, in the case of registrations requested pursuant to Section 2(a), the advise and consent of the Series C-1 Majority.

  • The Parties hereto shall maintain the corporate structure of the Group, and the Parties hereto shall cause that the shareholding structure of each Group Company will not be changed without the prior consent of the Series C-2 Majority, the Series C-1 Majority, the Series C Majority, the Series B Majority and the Series A Majority.