Acting Holders definition

Acting Holders means, at the time of determination, Holders of not less than a majority of the outstanding CVRs as set forth in the CVR Register.
Acting Holders means, at the time of determination, Holders of at least a majority of the outstanding CVRs as set forth on the CVR Register (it being understood that to the extent such Holders are nominees, they may be directed by the beneficial owners of such CVRs).
Acting Holders means, at the time of determination, Holders of at least 50% of the outstanding CERs as set forth on the CER Register.

Examples of Acting Holders in a sentence

  • If the Rights Agent provides notice of its intent to resign, is removed pursuant to Section 3.3 or becomes incapable of acting, Parent, by Parent Board Resolutions, will as soon as is reasonably possible appoint a qualified successor Rights Agent who, unless otherwise consented to in writing by the Acting Holders, shall be a transfer agent of national reputation or the corporate trust department of a commercial bank.

  • Except for the rights of the Rights Agent expressly set forth herein, the Acting Holders will have the sole right, on behalf of all Holders, by virtue of or under any provision of this Agreement, to institute any action or proceeding with respect to this Agreement, and no individual Holder or other group of Holders, will be entitled to exercise such rights.

  • Both Parent and the Acting Holders may receive and inspect a copy of the CVR Register, from time to time, upon written request made to the Rights Agent by ▇▇▇▇▇▇, in the case of a request by ▇▇▇▇▇▇, or the applicable Acting Holders, in the case of a request by such Acting Holders.

  • If the Acting Holders deliver the Acting Holder Request, Parent shall not be required to make the related Prohibited CVR Payment(s) unless and until the Parent Stockholder Matter has been validly approved by Parent’s stockholders at the Parent Special Meeting, and all time periods applicable to the payment of any related Prohibited CVR Payment(s) shall be tolled until the Parent Stockholder Matter is validly approved.

  • Subject to the last sentence of Section 6.2, the Acting Holders shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Holders under this Agreement, or exercising any power conferred on the Holders by this Agreement; provided that such direction shall not be otherwise than in accordance with applicable Law and the provisions of this Agreement.


More Definitions of Acting Holders

Acting Holders means, at the time of determination, Holders of at least twenty percent (20%) of the CVRs.
Acting Holders means Holders with an aggregate Ownership Percentage of twenty-five percent (25%) or more.
Acting Holders means, at the time of determination, Holders of at least 40% of the outstanding CVRs as set forth on the CVR Register. “Affiliate” means, with respect to any specified Person, any other Person that, directly or indirectly, through one or more intermediaries, controls,
Acting Holders means, at the time of determination, Holders of at least thirty percent (30%) of the Outstanding Securities.
Acting Holders means, at the time of determination, Holders of at least thirty percent (35%) of the outstanding CPRs.
Acting Holders means a majority in interest of the Holders, but excluding any Holders that serve or have served as an officer of the Company or on the Company’s Board of Directors.
Acting Holders means, at the time of determination, Holders of at least 30% of the outstanding CVRs as set forth in the CVR Register (excluding for this calculation all Foresite Stockholders and all CVRs held by Foresite Stockholders).