Majority Holders definition

Majority Holders means the Holders of a majority of the aggregate principal amount of Securities registered under a Registration Statement.

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Majority Holders means at any time the Holders of Warrants exercisable for a majority of the shares of Warrant Stock issuable under the Warrants at the time outstanding.

Majority Holders means the Holders of a majority of the aggregate principal amount of outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, Registrable Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount.

Examples of Majority Holders in a sentence

• If within 30 calendar days of providing such notice, the Majority Holders notify the Trustee in writing that they object to the retention of such Independent Consultant, such Independent Consultant shall not be retained by the Company and the Company will provide notice of the proposed retention of a different Independent Consultant in the same manner.

• The process will continue until the Company has proposed retention of an Independent Consultant that is not objected to by the Majority Holders.

• If such objection has not been received by the Trustee within 30 calendar days of providing such notice, the retention of such Independent Consultant shall be deemed to have been approved by the Majority Holders.

• In connection with seeking the affirmative vote or written consent of the Majority Holders pursuant to this Section 10(c) that relates to a transaction where the parties include the Corporation or any Subsidiary, on the one hand, and a Holder or its Affiliate (other than solely in such Person’s capacity as a holder of Convertible Preferred Stock or Common Stock), on the other hand, such conflicted Holder shall be deemed non-voting.

• The Company may not assign this Agreement or any rights or obligations hereunder without the prior written consent of the Majority Holders (other than by merger or consolidation or to an entity which acquires the Company including by way of acquiring all or substantially all of the Company’s assets, which shall not require such consent).

More Definitions of Majority Holders

Majority Holders means the Holders of a majority of the aggregate principal amount of the outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, any Registrable Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount; and provided, further, that if the Company shall issue any additional Securities under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, such additional Securities and the Registrable Securities to which this Agreement relates shall be treated together as one class for purposes of determining whether the consent or approval of Holders of a specified percentage of Registrable Securities has been obtained.

Majority Holders means the Holders of a majority of the aggregate principal amount of outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, Registrable Securities held by the Company or any of its affiliates (as such term is defined in Rule 405 under the ▇▇▇▇ ▇▇▇) (other than the Initial Purchasers or subsequent Holders of Registrable Securities if such subsequent holders are deemed to be such affiliates solely by reason of their holding of such Registrable Securities) shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount.

Majority Holders means, at any time, Holders of a majority of the Registrable Securities then outstanding.

Majority Holders means the Holders of a majority of the aggregate principal amount of applicable outstanding Notes.

Majority Holders means, at any time, the Holder or Holders of more than fifty percent (50%) of the Registrable Securities at such time.

Majority Holders means the Holder(s) of more than 50% of the Outstanding VMTP Shares.

Majority Holders means the Holders of a majority of the aggregate principal amount of the Original Notes and the New Notes registered under a Registration Statement.