Supermajority Holders definition

Supermajority Holders means at any time Holders of two-thirds or greater in number of the outstanding Warrants not held by the Company or any of the Company’s Affiliates.

Supermajority Holders means two or more Shareholders of record holding in aggregate, at the time of reference, shares to which are attached more than two-thirds of the votes attached to the outstanding shares in the capital of the Company.

Supermajority Holders means the Holders (as defined in the Indenture) of 66 2/3% of the aggregate principal amount of the then outstanding Notes (as defined in the Indenture).

Examples of Supermajority Holders in a sentence

• No other Person (including an Assignee) that acquires a Membership Interest and Units shall be admitted to the Company as a Member in connection with a Disposition or an issuance by the Company, without the consent of the Supermajority Holders.

• Deactivation, de-recognition, loss of all privileges (including registration), for a specified period of time.o Other Actions: In addition to or in place of the above sanctions, the College may assign any other sanctions as deemed appropriate.

• The vote upon any resolution to be passed by Majority Holders or Supermajority Holders, or any resolution involving matters of a purely procedural nature shall be by way of show of hands.

• To the extent permitted by Law and subject to Section 1.15 of the Series A Investors Rights Agreement and Section 12(a)(i) of this Certificate of Designations, any Series A Director and any Exit Demand Director may be removed at any time as a director on the Board of Directors (without cause) upon, and only upon, the affirmative vote or consent of the Supermajority Holders.

• The number of Managers may be changed from time to time by resolution of the Board with the approval of the Supermajority Holders pursuant to Section 5.1(c)(i), but shall not be less than five (5) managersManagers.

More Definitions of Supermajority Holders

Supermajority Holders means the holders of Notes and/or Preferred Shares representing at least two-thirds of the total voting power of the Notes and Preferred Shares, determined on an As-If Converted Basis.

Supermajority Holders means the Holders of at least three-fourths (75%) of the aggregate Principal Amount of the outstanding Notes.

Supermajority Holders means, at any applicable time, Holders owning more than 66 2/3% of the aggregate outstanding principal amount of the Notes.

Supermajority Holders means (i) the Holders of at least 66 2/3% in principal amount of Notes then outstanding in the case of any resolution in writing or (ii) in the case of a resolution passed at a meeting or an adjourned meeting duly reconvened and at which a quorum is present in accordance with the terms of this Indenture, any resolution passed or decided by the Persons (whether present in person or represented by proxy) entitled to vote at such meeting and representing at least 66 2/3% in principal amount of outstanding Notes represented and voting at such meeting.

Supermajority Holders means the Initial Purchasers (Falcon and Fairway must both consent), and other Noteholders, collectively, holding in the aggregate more than sixty-six and two-third percent (66 2/3%) of the Note Principal Balance.

Supermajority Holders means (i) the holders of at least 55% of the then-outstanding shares of Preferred Stock, voting together as a single class, (ii) in addition, in the event of a proposed transaction subject to the Drag-Along Right which would result in the holders of Series D Preferred Stock receiving gross proceeds per share of Series D Preferred Stock less than one and one-quarter (1.25) times the Series D Original Issue Price (as defined in the Certificate of Incorporation), the holders of at least 55% of the then-outstanding shares of Series D Preferred Stock, voting as a separate class, which holders must include each of the Accel Investors that hold Series D Preferred Stock, (iii) in addition, in the event of a proposed transaction subject to the Drag-Along Right which would result in the holders of Series D-1 Preferred Stock receiving gross proceeds per share of Series D-1 Preferred Stock less than one (1) times the Series D-1 Original Issue Price (as defined in the Certificate of Incorporation), the holders of at least 55% of the then-outstanding shares of Series D-1 Preferred Stock, voting as a separate class, and (iv) in addition, in the event of a proposed transaction subject to the Drag-Along Right which would result in the holders of Series E Preferred Stock or Series E-1 Preferred Stock receiving gross proceeds per share of Series E Preferred Stock or Series E-1 Preferred Stock less than one (1) times the Series E/E-1 Original Issue Price (as defined in the Certificate of Incorporation), the holders of at least a majority of the then-outstanding shares of Series E Preferred Stock and Series E-1 Preferred Stock, voting together as a separate class.

Supermajority Holders means, as of any date of determination, the Holders holding at least 80% of the Aggregate Liquidation Preference as of such date of determination.