Shareholder Majority definition

Shareholder Majority means holders representing at least 51% of the voting power of each of (i) the outstanding Series A Preferred Shares (voting as a single class on an as-converted basis), (ii) the outstanding Class A-2 Ordinary Shares and (iii) the outstanding Class A-1 Ordinary Shares.

Shareholder Majority means those Holders who hold in the aggregate in excess of 50% of the voting power of Registrable Securities outstanding from time to time.

Shareholder Majority means Shareholders having beneficial ownership of a majority of the Equity Securities beneficially owned by the Shareholders.

Examples of Shareholder Majority in a sentence

• Any modification, amendment or waiver signed by the Company, a Pequot Majority in Interest, a Constellation Majority in Interest and a Principal Shareholder Majority in Interest shall bind all of the parties hereto.

• No modification, amendment or waiver of any provision of this Agreement will be effective against the Company or the Shareholders unless such modification, amendment or waiver is approved in writing by the Company, a Pequot Majority in Interest and a Principal Shareholder Majority in Interest.

• No modification, amendment or waiver of any provision of this Agreement will be effective against the Company or the Shareholders unless such modification, amendment or waiver is approved in writing by the Company, a Pequot Majority in Interest, a Constellation Majority in Interest and a Principal Shareholder Majority in Interest.

• No reduction in the number or percentage of Ordinary Shares that the Shareholder Majority beneficially owns shall shorten the term of any incumbent director on the Board of Directors who is a Shareholder Designee.

• Where any action listed in paragraphs (i) to (xxi) above requires a Special Resolution in accordance with the Statute, and if the Shareholders vote in favor of such act but the approval of the Preferred Shareholder Majority has not been obtained, then each holder of a Preferred Share who votes against the resolution at a meeting of the Shareholders shall be deemed to have ten (10) times the number of votes of its own actual Shares.

More Definitions of Shareholder Majority

Shareholder Majority means holders of not less than 75% of the Ordinary Shares in issue from time to time;

Shareholder Majority means one or more Shareholders collectively holding no less than 70% of the Shares.

Shareholder Majority means the consent or approval of the Shareholders (including, if applicable, the Shareholder(s) requesting a consent or approval) then owning a majority of the Company Shares then owned by all Shareholders.

Shareholder Majority means the Founders (who (i) hold shares in the capital of the Company from time to time and (ii) are not Leavers at the relevant time) who together hold 75 per cent. or more of the nominal amount of the Shares held by all such Founders;

Shareholder Majority holders of 75% of the voting rights at the relevant time;

Shareholder Majority means holders of more than 50% of the Shares;

Shareholder Majority means Shareholders holding more than fifty per cent of the outstanding Shares;