Majority Stockholders definition

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.

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Majority Stockholders means Stockholders that Beneficially Own a majority of the shares of Common Stock Beneficially Owned by the Stockholders.

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

Examples of Majority Stockholders in a sentence

• Except with respect to Transfers approved under ARTICLE II, the Voting Party may not, directly or indirectly, assign any of its rights or delegate any of its obligations under this Agreement, by operation of law or otherwise, without the prior written consent of the Majority Stockholders.

• Majority Stockholders agree that they shall exercise their duty as proxyholders in accordance with the terms of this Section 1.2.

• Without limiting the foregoing, Voting Party shall deliver to Majority Stockholders a duly executed Irrevocable Voting Proxy, which shall be irrevocable to the fullest extent permissible by law, in the form attached hereto as Exhibit A simultaneously with the execution hereof.

• The Majority Stockholders, in their capacity as a proxyholder pursuant to Section 1.2, shall not be liable for any error of judgment nor for any act done or omitted, nor for any mistake of fact or law nor for anything which the Majority Stockholders may do or refrain from doing in good faith in their capacity as a proxyholder, nor shall the Majority Stockholders have any accountability hereunder, except for their own bad faith, gross negligence or willful misconduct.

• It is understood and agreed that if there are successors of interest to the Majority Stockholders, such successors shall receive the voting rights.

More Definitions of Majority Stockholders

Majority Stockholders means, as of any date, the Stockholders holding a majority of the Common Stock of the Company on a fully-diluted, as converted basis then held by all Stockholders.

Majority Stockholders means the holders of at least fifty and one-tenth percent (50.1%) of the outstanding shares of Capital Stock subject to this Third Amended and Restated Stockholders’ Agreement.

Majority Stockholders means ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇.

Majority Stockholders means beneficial owners of Registrable Securities representing more than 50% of the total number of outstanding Registrable Securities (on an as-converted basis).

Majority Stockholders means PNC and ▇▇▇▇▇▇▇ ▇▇▇▇▇.

Majority Stockholders means the holders of a majority of the shares of Preferred Stock then outstanding, voting together as a single class, and 66 2/3% or more of the shares of Series E Preferred then outstanding, voting together as a single class.

Majority Stockholders means, collectively, EnCap Energy Capital Fund VIII, L.P., EnCap Energy Capital Fund VIII Co-Investors, L.P., and EnCap Energy Capital Fund IX, L.P.