Majority Sponsors definition

Majority Sponsors means, collectively or individually as the context requires, TPG Partners VI, L.P. and/or their respective affiliates.
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Majority Sponsors means Silver Lake and KKR, and for so long as Luxco holds Shares, Luxco.
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Majority Sponsors means Idamante, AAIL and AHCL, and Majority Sponsor means any of them;
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Examples of Majority Sponsors in a sentence

  • Each Shareholder hereby grants to the Majority Sponsors an irrevocable proxy coupled with an interest to vote, including in any action by written consent, such Shareholder’s Shares in accordance with such Shareholder’s agreements contained in this Section 2.7.2, which proxy shall be valid and remain in effect until the provisions of this Section 2.7.2 expire pursuant to Section 2.9.

  • With respect to any Change in Control that has received the Majority Sponsor Approval required under Section 2.5.2, each Shareholder agrees to cast all votes to which such Shareholder is entitled in respect of the Shares, whether at any annual or special meeting, by written consent or otherwise, in such manner as the Majority Sponsors may instruct by written notice to approve, effect, or implement such approved transaction.

  • The Majority Sponsors, in the case of a proposed Sale pursuant to Section 4.2, or the Prospective Selling Shareholder, in the case of a proposed Sale pursuant to Section 4.1, shall, in its sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof.

  • The Majority Sponsors shall have the right to remove the Majority Sponsor Designees at any time.

  • Upon a determination by the Majority Sponsors to effect an Initial Public Offering, the Board and each other Member shall take such actions as are necessary to effect the Holdings IPO; provided that, if any of the foregoing actions requested to be taken would adversely impact any Investor Member in a manner differently than it impacts the requesting Investor Members, such action shall be subject to the prior approval of such other Investor Member, such approval not to be unreasonably withheld.

  • All vested Performance-Based Units the Employee holds upon a Liquidity Event in which the Majority Sponsors realize an MoM that is equal to or greater than 3.0x will remain exercisable for a period of ninety (90) days following the Liquidity Event.

  • The Majority Sponsors shall consult regularly with the Management Investor concerning the financing of the Merger in general, and, in furtherance of and not in limitation of the foregoing, shall consult with the Management Investor in advance of causing SibCo to enter in into, or to borrow under, any definitive agreement pursuant to clauses (i) or (ii) of the immediately preceding sentence.

  • The Sponsor Directors may not be removed without the consent of Majority Sponsors.

  • Stockholders Agreement -------------------------------------------------------------------------------- Company's Initial Public Offering or any subsequent Public Offering shall specify, subject to the consent of the Majority Sponsors and the Majority Lenders; provided that the provisions of Sections 3.1 and 3.2 shall not expire unless the provisions of both Sections 3.1 and 3.2 expire simultaneously.

  • For all MoM levels achieved by the Majority Sponsors equal to or between 1.001 and 1.249, the value of each phantom unit that comprises the Performance Bonus shall decrease between the 1.0 MoM Value per unit and $0, using straight line interpolation.


More Definitions of Majority Sponsors

Majority Sponsors means, as of any date, the holders of a Majority in Interest of the Company Shares held by the Sponsors.
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Majority Sponsors means, collectively or individually as the context requires, TPG Partners VI, L.P. and/or their respective affiliates. 1 In the event that the value of one unit of the Company’s common units on the Effective Date is greater or less than $1.00, the number of phantom units subject to the Performance Bonus and the value of each phantom unit will be adjusted as necessary to grant a Performance Bonus to Employee that is equal to $2,000,000 as of the date of grant.
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Majority Sponsors means, as of any date, the holders ----------------- of a majority of the Sponsor Shares outstanding on such date.
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Majority Sponsors means any two of Xxxxx, GSCP and VAC.
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Related to Majority Sponsors

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Majority Investors means, as of any date, the holders of a majority of the Investor Shares outstanding on such date.

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • Majority Stockholder means, collectively or individually as the context requires, TPG Capital, L.P., Apollo Global Management, LLC and/or their respective affiliates.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • Majority Holders means at any time Holders representing a majority of the Registrable Securities.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.7

  • Majority Participating Holders means Participating Holders holding more than 50% of the Registrable Securities proposed to be included in any offering of Registrable Securities by such Participating Holders pursuant to Section 2.1 or Section 2.2.

  • Sponsor Affiliate means an entity that joins with the Company and that participates in the investment in, or financing of, the Project and which meets the requirements under the FILOT Act to be entitled to the benefits of this Fee Agreement with respect to its participation in the Project, all as set forth in Section 5.13 hereof.

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Super Majority Lenders means a Lender or Lenders whose Revolving Facility Commitments aggregate more than eighty five per cent. (85%) of the Total Facility Commitments (or, if the Total Facility Commitments have been reduced to zero, aggregated more than eighty five per cent. (85%) of the Total Facility Commitments immediately prior to that reduction).

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.

  • Majority Owner has the correlative meaning.

  • Super Majority Banks means at any time Banks having at least 85% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing at least 85% of the aggregate unpaid principal amount of the Loans.

  • Approved Sale has the meaning set forth in 2.1(d).

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Permitted Holders means, at any time, each of (i) the Sponsors, (ii) the Management Group, (iii) any Person that has no material assets other than the Capital Stock of the Issuer and, directly or indirectly, holds or acquires 100% of the total voting power of the Voting Stock of the Issuer, and of which no other Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision), other than any of the other Permitted Holders specified in clauses (i) and (ii) above, holds more than 50% of the total voting power of the Voting Stock thereof and (iv) any group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) the members of which include any of the Permitted Holders specified in clauses (i) and (ii) above and that, directly or indirectly, hold or acquire beneficial ownership of the Voting Stock of the Issuer (a “Permitted Holder Group”), so long as (1) each member of the Permitted Holder Group has voting rights proportional to the percentage of ownership interests held or acquired by such member and (2) no Person or other “group” (other than the Permitted Holders specified in clauses (i) and (ii) above) beneficially owns more than 50% on a fully diluted basis of the Voting Stock held by the Permitted Holder Group. Any Person or group whose acquisition of beneficial ownership constitutes a Change of Control in respect of which a Change of Control Offer is made in accordance with the requirements of this Indenture will thereafter, together with its Affiliates, constitute an additional Permitted Holder.

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Sponsor Group means the Sponsors and the Sponsor Related Parties.

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Supermajority means, with respect to any Class of Notes, the holders of at least 66-2/3% of the Aggregate Outstanding Amount of the Notes of such Class.

  • Requisite Holders means at any time holders of Warrant Shares and Warrants representing at least a majority of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.