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 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

• No pari passu or senior lien on the Collateral shall be incurred without the consent of the Required Holders.

• If no successor agent has accepted appointment as the Collateral Agent by the date which is thirty (30) days following a retiring Collateral Agent’s notice of resignation, a retiring Collateral Agent’s resignation shall nevertheless thereupon become effective and the Buyers, shall perform all of the duties of the Collateral Agent hereunder until such time as Required Holders shall appoint a successor agent as provided for above.

• If the Collateral Agent resigns under the Notes, the Required Holders shall appoint a successor agent.

• 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 Change or a Fundamental Transaction (unless the Company is in compliance with the applicable provisions governing Fundamental Changes set forth in the Notes and the applicable provisions governing Fundamental Transactions set forth in the Warrants).

• Neither this Agreement nor any term hereof may be changed, waived, discharged or terminated orally, or by any action or inaction, but only by a writing signed by the Company and the Required Holders.

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, 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).

Required Holders means the holder or holders of at least 66-2/3% of the aggregate principal amount of the Notes from time to time outstanding.