Common use of Actions by Noteholders Clause in Contracts

Actions by Noteholders. Except as provided in Section 9.2, wherever in this Agreement action is required or permitted to be taken by, or consent is required of, or a matter requires the satisfaction of, the Noteholders, such action may be taken by, and/or such consent may be obtained from, and/or such satisfaction may be expressed by, the holders of greater than 50%, voting together as a single class, of the principal amount of all Convertible Notes or Notes, as applicable, then outstanding.

Appears in 3 contracts

Sources: Senior Subordinated Convertible Note Purchase Agreement (Lawson Software Inc), Note Purchase Agreement (Eagle Test Systems, Inc.), Note Purchase Agreement (Eagle Test Systems, Inc.)

Actions by Noteholders. Except as provided in Section 9.2, wherever in this Agreement action is required or permitted to be taken by, or consent is required of, or a matter requires the satisfaction of, the Noteholders, such action may be taken by, and/or such consent may be obtained from, and/or or such satisfaction may be expressed by, the holders of greater than 50%a majority, voting considered together as a single class, of the aggregate principal amount of all Convertible Notes or Notes, as applicable, then outstanding.

Appears in 2 contracts

Sources: Subordinated Convertible Note Purchase Agreement (Open Link Financial, Inc.), Subordinated Convertible Note Purchase Agreement (Clayton Holdings Inc)

Actions by Noteholders. Except as provided in Section 9.211.2, wherever in this Agreement action is required or permitted to be taken by, or consent is required of, or a matter requires the satisfaction of, the Noteholders, such action may be taken by, and/or such consent may be obtained from, and/or such satisfaction may be expressed by, the holders of greater than 50%, voting together as a single class, of the principal amount of all Convertible Notes or Notes, as applicable, then outstanding.than

Appears in 1 contract

Sources: Senior Secured Note Purchase Agreement (Oglebay Norton Co /Ohio/)

Actions by Noteholders. Except as provided in Section SECTION 9.2, wherever in this Agreement action is required or permitted to be taken by, or consent is required of, or a matter requires the satisfaction of, the Noteholders, such action may be taken by, and/or such consent may be obtained from, and/or such satisfaction may be expressed by, the holders of greater than fifty percent (50%), voting together as a single class, of the principal amount of all Convertible Notes or Notes, as applicable, then outstanding.

Appears in 1 contract

Sources: Subordination Agreement (Clayton Holdings Inc)

Actions by Noteholders. Except as provided in Section 9.2, wherever Wherever in this Agreement action is required or permitted to be taken by, or consent is required of, or a matter requires the satisfaction of, the Noteholders, such action may be taken by, and/or such consent may be obtained from, and/or such satisfaction may be expressed by, the holders of greater than fifty percent (50%, voting together as a single class, ) of the principal amount of all Convertible Notes or Notes, as applicable, then outstanding.

Appears in 1 contract

Sources: 12% Senior Subordinated Note and Warrant Purchase Agreement (Allou Health & Beauty Care Inc)

Actions by Noteholders. Except as provided in Section 9.2, wherever in this Agreement action is required or permitted to be taken by, or consent is required of, or a matter requires the satisfaction of, the Noteholders, such action may be taken by, and/or such consent may be obtained from, and/or such satisfaction may be expressed by, the holders Majority Holders; provided, however that any Notes acquired by the Investor Group or their Affiliates or Associates shall be not be entitled to vote in respect of greater than 50%, voting together as a single class, of the principal amount of all Convertible Notes or Notes, as applicable, then outstandingany matter.

Appears in 1 contract

Sources: Securities Purchase Agreement (Bh Re LLC)

Actions by Noteholders. Except as provided in Section 9.2, wherever in this Agreement action is required or permitted to be taken by, or consent is required of, or a matter requires the satisfaction of, the Noteholders, such action may be taken by, and/or such consent may be obtained from, and/or such satisfaction may be expressed by, the holders of greater than fifty percent (50%), voting together as a single class, of the principal amount of all Convertible Notes or Notes, as applicable, then outstanding.

Appears in 1 contract

Sources: Subordinated Note Purchase Agreement (Alma Lasers Ltd.)