Common use of Majority Holders Clause in Contracts

Majority Holders. Majority Holders" shall mean stockholders who hold (or would hold, if all Purchaser Shares were converted to Common Shares) a majority of the Registrable Securities.

Appears in 1 contract

Sources: Shareholder Agreements (Blech David)

Majority Holders. The term "Majority Holders" shall mean stockholders who hold (or would hold, if all Purchaser Shares were converted to Common Shares) a majority the holders of at least 66-2/3% of the Registrable SecuritiesPreferred Stock.

Appears in 1 contract

Sources: Securities Purchase Agreement (Nuvox Inc /De/)

Majority Holders. The term β€œMajority Holders" ” shall mean stockholders who hold (or would hold, if all Purchaser Shares were converted to Common Shares) a majority the holders of at least 66 2/3% of the Registrable SecuritiesPreferred Stock.

Appears in 1 contract

Sources: Securities Purchase Agreement (Nuvox Inc /De/)