Examples of Majority of the Investors in a sentence
The Company shall not be entitled to transfer any of its rights or obligations under this Agreement or any other Transaction Agreement without the prior written consent of the Majority of the Investors.
The closing (the "Closing") of the sale of the Shares shall be effected at the offices of the Company on or prior to the second business day following satisfaction in full of all of the closing conditions set forth in Section 4 and 5 hereof, or waiver of any such conditions pursuant to the terms thereof, or at such other time and place as may be agreed to by a majority of the Investors pursuant to Section 9.9 (a "Majority of the Investors") and the Company (the "Closing Date").
Except as expressly provided herein, neither this Agreement, the Notes nor any term hereof or thereof may be amended, waived, discharged or terminated other than by a written instrument signed by the party against whom enforcement of any such amendment, waiver, discharge or termination is sought; provided, however, that the Majority of the Investors may, with the Company’s written consent, waive, modify or amend any provisions of this Agreement and of the Notes.
As used herein, a "Majority of the Investors" means Investors who have agreed to or have purchased a majority of the Shares pursuant to this Agreement.
If any Event of Default described in Sections 7.1(b) through 7.1(f) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Majority of the Investors may, by written notice to the Company, declare all or any portion of the outstanding principal amount of the Notes, and all accrued and unpaid interest thereon, immediately due and payable, without further notice, demand or presentment.
Subject to the conditions and restrictions set forth in Sections 12.3and 12.4 hereof, a Member may at any time Transfer all but not less than all, of its Units to (i) any Affiliate of the Member, (ii) a transferee that succeeds to the Member’s Interest as a result of the Member’s Bankruptcy, death, dissolution or legal incompetency; or (iii) any other transferee upon the approval by a Majority of the Investors.
Special strategic decisions are required for low-value NOA, as suppliers are not interested to submit performance security in foreign currency for low-value award.
The “Investment Period” shall commence on the Business Day immediately following the Initial Closing and, unless earlier terminated pursuant to subsection (b) of this Section 8.3, continue until the later of the date of the Beaverton Startup Challenge, or that date on which the Fund has invested all of its Investment Capital; provided, however, that a Majority of the Investors may extend the Investment Period by no more than three (3) months.
Any term hereof may be amended and the observance of any term hereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only with the written consent of the holders of a Majority of the Investors and the holders of a majority of the then outstanding Upfield Shares.
Except as otherwise provided in Section 13.6, without the prior written consent of a Majority of the Investors, the Manager shall distribute only Marketable Securities as distributions in kind.