Common use of Requisite Holders Clause in Contracts

Requisite Holders. Each of the parties hereto agrees that the Company may, in connection with the taking of any action permitted to be taken hereunder with the consent or approval of the Requisite Holders of the Registrable Securities, rely in good faith on a certificate from any such holder or holders stating that it holds or is acting on behalf of a majority in interest of the Registrable Securities.

Appears in 6 contracts

Sources: Registration Rights Agreement (Financial Performance Corp), Registration Rights Agreement (Crown Books Corp), Registration Rights Agreement (Crown Books Corp)