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).
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.
Required Holders means the holders of at least a majority of the Registrable Securities.
Examples of Required Holders in a sentence
During the period commencing on the date hereof and ending on the date no Buyers hold any Series C Preferred Shares issued hereunder (the “Covenant Period”), the Company will not, without the prior written consent of the Required Holders, issue any notes or convertible debt (other than to the Buyers as contemplated hereby).
The Company shall not assign this Agreement or any rights or obligations hereunder without the prior written consent of the Required Holders, including, without limitation, by way of a Fundamental Transaction (as defined in the New Articles) (unless the Company is in compliance with the applicable provisions governing Fundamental Transactions set forth in the New Articles).
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 (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.
Required Holders means, at any time, the holders of at least 66-2/3% in principal amount of the Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates).