Common use of Consent of Purchasers Clause in Contracts

Consent of Purchasers. As used in the Agreement, “consent of the Purchasers” or similar language means the consent of holders of not less than 50% of the total principal and interest outstanding on the Notes owned by Purchasers on the date consent is requested.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Save the World Air Inc), Securities Purchase Agreement (Save the World Air Inc), Securities Purchase Agreement (Save the World Air Inc)

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Consent of Purchasers. As used in the Agreement, “consent of the Purchasers” or similar language means the consent of holders of not less than 50% of the total principal and interest of the outstanding on the Notes Shares owned by Purchasers on the date consent is requested.

Appears in 2 contracts

Samples: Securities Purchase Agreement (GigOptix, Inc.), Securities Purchase Agreement (Solar Energy Initiatives, Inc.)

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Consent of Purchasers. As used in the Agreement, “consent of the Purchasers” or similar language means the consent of holders of not less than 50% of the total principal and interest of the outstanding on the Notes owned by Purchasers on the date consent is requested.

Appears in 1 contract

Samples: Unit Purchase Agreement (StrikeForce Technologies Inc.)

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