Required Holders definition

Required Holders means, at any time, the holders of at least 51% in principal amount of the Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates).

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Required Holders means the holders of at least a majority of the Registrable Securities.

Required Holders means the holders of the SPA Warrants representing at least a majority of shares of Common Stock underlying the SPA Warrants then outstanding.

Examples of Required Holders in a sentence

• Provision made pursuant to the preceding sentence shall be in a form and substance satisfactory to the Required Holders.

• Thereupon, unless waived in writing by the Required Holders within fifteen (15) days after each holder’s receipt of such notice, such More Favorable Financial Covenant shall be deemed automatically incorporated by reference into this Agreement, mutatis mutandis, as if set forth in full herein, effective as of the date when such More Favorable Financial Covenant shall have become effective under such Material Credit Facility.

• Except as set forth in Section 2(a) hereof, no provision of this Agreement may be amended, modified or supplemented other than by an instrument in writing signed by the Pledgor and the Required Holders (as defined in the Purchase Agreement).

• Such initial Registration Statement, and each other Registration Statement required to be filed pursuant to the terms of this Agreement, shall contain (except if otherwise directed by the Required Holders) the “Selling Shareholders” and “Plan of Distribution” sections in substantially the form attached hereto as Exhibit B.

• If at any time the Collateral Agent (together with its affiliates) beneficially owns less than $100,000 in aggregate principal amount of Notes, the Required Holders may, by written consent, remove the Collateral Agent from all its functions and duties hereunder and under the other Transaction Documents.

More Definitions of Required Holders

Required Holders means the holders of Notes representing at least a majority of the aggregate principal amount of the Notes then outstanding.

Required Holders means the holders of the Warrants representing at least a majority of the shares of Common Stock underlying the Warrants then outstanding.

Required Holders means (I) prior to the Closing Date, each Buyer entitled to purchase Notes at the Closing and (II) on or after the Closing Date, holders of a majority of the Registrable Securities as of such time (excluding any Registrable Securities held by the Company or any of its Subsidiaries as of such time) issued or issuable hereunder or pursuant to the Notes.

Required Holders shall have the meaning as set forth in the Securities Purchase Agreement.

Required Holders means, as of any given time, the holders of a majority of the Registrable Securities as of such time (excluding any Registrable Securities held by the Company or any of its Subsidiaries as of such time).

Required Holders means, as of any date, the holders of at least a majority of the Warrants outstanding as of such date.

Required Holders means the holders of Notes representing more than 50% of the aggregate principal amount of the Notes then outstanding.