Required Holders definition
Examples of Required Holders in a sentence
The Company will give each holder of Notes of a Series to be prepaid (with a copy to New York Life and each other holder of a Note) written notice of each optional prepayment under this Section 8.2 not less than 10 days and not more than 60 days prior to the date fixed for such prepayment unless the Company and the Required Holders agree to another time period pursuant to Section 17.
So long as any Buyer beneficially owns any Securities, the Company will not, without the prior written consent of the Required Holders, issue any Notes (other than to the Buyers as contemplated hereby) and the Company shall not issue any other securities that would cause a breach or default under the Notes or the Warrants.
Notwithstanding anything to the contrary contained elsewhere in the Certificate of Incorporation, the affirmative vote of the Required Holders will be required to amend or repeal, or to adopt any provisions inconsistent in, with this Article Eleventh.
Whether or not the transactions contemplated hereby are consummated, the Company will pay all reasonable and documented costs and expenses (including reasonable and documented attorneys’ fees of a special counsel and, if reasonably required by New York Life or the Required Holders, local or other counsel) incurred by New York Life, the Purchasers and each other holder of a Note in connection with the initial transactions contemplated hereby.
Except as disclosed in Schedule 2(i), the Company shall in no event include any securities other than Registrable Securities on any Registration Statement filed in accordance herewith without the prior written consent of the Required Holders.