Majority Holder definition

Majority Holder as used in this Section 7.4 shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all of the Registrable Securities.
Majority Holder. The Holders of Certificates evidencing at least 51% of the Voting Rights allocated to such Class of Certificates.
Majority Holder has the meaning set forth in Section 10.1(b).

Examples of Majority Holder in a sentence

  • Thus, the Group initiated discussions with the largest holder of the Group's outstanding bonds, representing approximately 66.7% of the votes (the "Majority Holder"), to explore the possibility of amending certain provisions of the Terms and Conditions, including inter alia a maturity extension.

  • The Group and the Majority Holder have now resolved the outstanding items and agreed on the finalized documentation.

  • The negotiations between the Group and the Majority Holder were successfully concluded and the parties reached an agreement on certain amendments to the Terms and Conditions.


More Definitions of Majority Holder

Majority Holder shall have the meaning set forth in Section 10.
Majority Holder as used in Section 7.4 hereof shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of shares of Common Stock (including Shares already issued, Shares issuable pursuant to the exercise of outstanding Warrants, Underlying Warrant Shares already issued and Underlying Warrant Shares issuable pursuant to the exercise of outstanding Underlying Warrants) as would constitute a majority of the aggregate number of shares of Common Stock (including Shares already issued, Shares issuable pursuant to the exercise of outstanding Warrants, Underlying Warrant Shares already issued and Underlying Warrant Shares issuable pursuant to the exercise of outstanding Underlying Warrants) included in all the Registrable Securities.
Majority Holder as used in this Section (j) shall include any owner or combination of owners of Warrants or Warrant Shares in any combination if the holdings of the aggregate amount of:
Majority Holder. As to any Class of Regular Certificates, the Holder of Certificates of such Class evidencing, in the aggregate, at least 51% of the Percentage Interests evidenced by all Certificates of such Class.
Majority Holder means Black Diamond Capital Management, L.L.C. (or a group of affiliated holders of, or holders under common control with, Black Diamond Capital Management, L.L.C.), in its capacity as holder of the majority of New Holdco Common Stock on the Effective Date.
Majority Holder means the Holder then holding a Warrant or Warrants to acquire a majority of the Warrant Stock, and, if at the applicable time, there is no such Holder, then the Holder holding a Warrant or Warrants to acquire a plurality of the Warrant Stock, all as reflected in the Company’s records.
Majority Holder is defined in Section 1.1. ---------------