Majority Preferred Stockholders definition

Majority Preferred Stockholders has the meaning set forth in the Securityholders Agreement.
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Majority Preferred Stockholders has the meaning assigned to the term “Majority Holders” in the Certificate of Designations, provided that from and after conversion of the Convertible Preferred Stock, such term shall include holders of a majority of the Common Stock into which such Convertible Preferred Stock has been converted and, if the Warrant Agreement has been exercised, the Common Stock issued pursuant thereto, excluding any such Common Stock which has ceased to constitute a Registrable Security hereunder.
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Majority Preferred Stockholders means holders of more than fifty percent (50%) of the aggregate number of Preferred Stock then outstanding; provided, however, that Preferred Stock owned by the Corporation, a Subsidiary, -------- ------- or a Person controlled by the Corporation shall be disregarded and deemed not outstanding for this purpose.
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Examples of Majority Preferred Stockholders in a sentence

  • The Members hereby acknowledge and agree that the determination of the Vestar Majority Holders, the Majority Preferred Stockholders, any Vestar Manager or any Preferred Manager as to whether to consent to any of the actions referenced in Section 6.10(a) and described in Section 2.3 of the Securityholders Agreement shall be made (i) in the sole discretion of such parties or the applicable Preferred Manager acting in its, his or her own best interests and (ii) without regard to any fiduciary duty.

  • The Company shall not, and shall not permit any of its Subsidiaries to take or commit to take any action, unless any required consent of the Majority Executives, the Vestar Majority Holders and the Majority Preferred Stockholders pursuant to Section 2.3 of the Securityholders Agreement has been obtained.

  • Except in connection with an initial Public Offering of Holdings, the charters of these committees shall not be modified, and no new committees created, without the consent of Vestar V and the Majority Preferred Stockholders.

  • The transaction shall in no event take place sooner than twenty (20) days after the Corporation has given the first notice provided for herein or sooner than fifteen (15) days after the Corporation has given notice of any material change provided for herein; provided, however, that such periods may be shortened upon the written consent of the Majority Preferred Stockholders.

  • Unless waived by the Majority Preferred Stockholders, all shares of Preferred Stock shall be redeemed upon the occurrence of a Redemption Event.

  • Except in connection with an initial Public Offering of Holdings, the charters of these committees shall not be modified, and no new committees created, without the consent of the Majority Preferred Stockholders.

  • The pool of shares available for the grant of future awards under the 2001 Plan will not be increased by the Exchange Offer.

  • This Agreement will terminate in respect of all Securityholders (a) with the written consent of the Company, the Vestar Majority Holders, the Majority Preferred Stockholders, the Employee Majority Holders, the TCW Majority Holders and the NYLIM Majority Holders, (b) upon the dissolution, liquidation or winding-up of the Company or (c) upon the consummation of an initial Public Offering or Qualified Merger .

  • The Executive Committee shall be dissolved upon the occurrence of the earlier of (i) a Qualified IPO, (ii) a Qualified Merger and (iii) at the election of the Majority Preferred Stockholders, a Default Event.

  • The Members hereby acknowledge and agree that the determination of the Majority Preferred Stockholders as to whether to consent to any of the actions referenced in Section 6.10(a) and described in Section 2.3 of the Securityholders Agreement shall be made (i) in the sole discretion of such parties acting in its, his or her own best interests and (ii) without regard to any fiduciary duty.


More Definitions of Majority Preferred Stockholders

Majority Preferred Stockholders means holders of more than 50% of the outstanding Series II Preferred Stock.
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Related to Majority Preferred Stockholders

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

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

  • 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.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Majority Stockholder means any person that would be a “50-percent shareholder” (within the meaning of section 382(g)(4)(D) of the U.S. Tax Code) of Common Stock if such person claimed a Worthless Stock Deduction at any time on or after the Petition 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.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Common Stockholders means holders of shares of Common Stock.

  • Voting Preferred Stock means, with regard to any matter as to which the holders of Series T are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series T) that rank equally with Series T either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Ordinary Shareholders means the holders of the Ordinary Shares of the Company.

  • Company Preferred Stock means the preferred stock, par value $0.001 per share, of the Company.

  • Majority Participating Holders means Participating Holders holding more than 50% of the Registrable Securities proposed to be included in any offering of Registrable Securities by such Participating Holders pursuant to Section 2.1 or Section 2.2.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.