Purchaser Majority means Qualifying Purchasers holding, at the relevant date, or if such relevant date is before the Closing, subscribed for, at least 66.7% of all Shares and Warrant Shares then held or subscribed for by all Qualifying Purchasers.
Purchaser Majority means, prior to the Closing, the Purchasers committed to purchase at least a majority the Shares, provided that each Purchaser who has committed to purchase at least $20,000,000 of the Shares is included in such majority and, following the Closing, both (i) the Purchasers who hold at least a majority of the Shares still held by the Purchasers, and (ii) each Purchaser (A) whose Subscription Amount exceeds $20,000,000 and (B) who continues to hold at least fifty percent (50%) of the Shares purchased on the Closing Date.
Purchaser Majority means Purchasers entitled to purchase a majority of the Purchased Units and the Warrants on the Closing Date in accordance with Schedule A.
Examples of Purchaser Majority in a sentence
The Company may not assign (except by merger) its rights or obligations hereunder without the prior written consent of the Purchaser Majority (as defined in the Purchase Agreement).
The Company may not assign its rights or obligations hereof without the consent of the Purchaser Majority.
The Purchasers shall have received from Xxxxxxx Procter LLP, counsel for the Company, an opinion, dated as of the Closing, in the form agreed between the Company and the Purchaser Majority.
More Definitions of Purchaser Majority
Purchaser Majority means, prior to the Closing, the Purchasers committed to purchase at least a majority the Securities, provided that each Purchaser (together with its affiliated funds) who has committed to purchase at least $14,900,000 of the Securities is included in such majority and, following the Closing, both (i) the Purchasers who hold at least a majority of the Securities (including any Frequency Common Stock issued in exchange therefore) still held by the Purchasers, and (ii) each Purchaser (together with its affiliated funds) (A) whose Subscription Amount exceeds $14,900,000 and (B) who continues to hold at least fifty percent (50%) of the Securities (including any Frequency Common Stock issued in exchange therefore) purchased on the Closing Date.
Purchaser Majority means the Holders of Notes representing at least a majority of the aggregate Principal amount of the Notes then outstanding.
Purchaser Majority means Purchasers, other than any Purchaser that has defaulted in its obligation to pay its Subscription Amount pursuant to Section 2.02, then committed to purchasing a majority of the Closing Shares to be purchased hereunder at the Closing by (or, if after the Closing, then holding a majority of the Closing Shares held by) all Purchasers.
Purchaser Majority means, prior to the Closing, the Purchasers committed to purchase at least a majority the Securities, provided that each Purchaser who has committed to purchase at least $7,500,000 of the Securities is included in such majority and, following the Closing, both (i) the Purchasers who hold at least a majority of the Securities (including any Magenta Common Stock issued in exchange therefore) still held by the Purchasers, and (ii) each Purchaser (A) whose Subscription Amount exceeds $7,500,000 and (B) who continues to hold at least fifty percent (50%) of the Securities (including any Magenta Common Stock issued in exchange therefore) purchased on the Closing Date.
Purchaser Majority means Purchasers who have agreed to purchase a majority of the Shares to be issued and sold hereunder.
Purchaser Majority means the holders of 60% of the Shares.
Purchaser Majority means holders of a majority of the aggregate principal amount of the Notes then outstanding.