Required Series A Holders definition

Required Series A Holders means, as of any date, the holders of at least a majority of the shares of Series A Preferred Stock outstanding as of such date.
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Required Series A Holders means, at any time, the holders of sixty-six and 67/100 percent (66.67%) of the then outstanding shares of Series A Preferred Stock.
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Required Series A Holders means the members of the Company who are holders of at least sixty percent (60%) of the outstanding Series A Preferred Units held by members, voting together as a separate class on an as converted basis.
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Examples of Required Series A Holders in a sentence

  • With respect to a Mandatory Series A Redemption, non-requesting holders of shares of Series A Preferred Stock shall have thirty (30) days from the date such notice is mailed to request in writing redemption of their Series A Preferred Stock on the terms contained herein and on the date of redemption set forth in Section 8(h), and all such requests shall be deemed to have been received by the Corporation on the date of the initial request by the Required Series A Holders.

  • No adjustment in the Series A Conversion Price shall be made as the result of the issuance or deemed issuance of Additional Shares of Common Stock if the Corporation receives written notice from the Required Series A Holders agreeing that no such adjustment shall be made as the result of the issuance or deemed issuance of such Additional Shares of Common Stock.

  • Notwithstanding anything to the contrary in this Certificate of Amendment or in the Certificate of Incorporation, the affirmative vote of the Required Series A Holders will be required to amend or repeal, or to adopt any provisions inconsistent with this Section 18.

  • This right of redemption of the holders of Series A Preferred shall be cumulative such that, if the Required Series A Holders choose not to make any such redemption of all shares of Series A Preferred as and when such right becomes exercisable, then such redemption may, at any time thereafter be subsequently exercised for all, or any portion, of outstanding shares of Series A Preferred.

  • If the Required Series A Holders disagree as to the Fair Market Value, the Board shall retain a nationally or regionally recognized, arms’ length appraisal firm jointly selected by at least a majority of (a) the disinterested members of the Board and (b) the Required Series A Holders.

  • If the majority of the Required Series A Holders and the majority of the disinterested members of the Board are unable to agree on such a firm, then each party will choose a nationally or regionally recognized appraisal firm, and those two firms will jointly select another nationally or regionally recognized appraisal firm to perform the appraisal.

  • If the Required Series A Holders and the Board are unable to agree on such a firm within such fifteen (15) day period, then each such party will choose within the succeeding fifteen (15) day period a nationally or regionally recognized independent appraisal firm, and those two firms will jointly select within fifteen (15) days of being chosen another nationally or regionally recognized independent appraisal firm to perform the appraisal.

  • The Company shall not consolidate or merge with or into any other Person (a “Merger Transaction”) without the consent of the Required Series A Holders, provided, however, that no Required Series A Holders consent shall be required in connection with the Reincorporation Merger (as defined in the Business Combination Agreement) or the Share Exchange (as defined in the Business Combination Agreement).

  • The applicable Redemption Price shall be paid in three (3) equal annual installments commencing not more than ninety (90) days after receipt by the Corporation on or any time after the seventh (7th) year anniversary of the Series A Original Issue Date, from the Required Series A Holders, of written notice requesting redemption of all, or any portion, of shares of Series A Preferred (the “Redemption Request”).

  • The provisions of this Section 3.4 may only be amended by an amendment of the Certificate of Incorporation of the Corporation including in the approval thereof the affirmative vote of the Required Series A Holders.


More Definitions of Required Series A Holders

Required Series A Holders shall have the meaning specified in Section 2.8.
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Required Series A Holders means the Series A Holders representing at least two-thirds of the aggregate number of shares of Series A Preferred Stock then outstanding.
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Required Series A Holders means those holders of Series A Preferred Stock holding at least a majority of the outstanding shares of Series A Preferred Stock.
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Required Series A Holders means Holders holding, in the ------------------------- aggregate, more than 50% of the outstanding principal amount of the Series A Bridge Notes at any time.
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Related to Required Series A Holders

  • Series A Holder means a Record Holder of the Series A Preferred Units.

  • Majority in liquidation amount of the Capital Securities means Holder(s) of outstanding Capital Securities, voting together as a class, but separately from the holders of Common Securities, of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all Capital Securities then outstanding.

  • Majority in Liquidation Amount of the Preferred Securities means a vote by the Holder(s), voting separately as a class, of more than fifty percent (50%) of the aggregate Liquidation Amount of all then outstanding Preferred Securities issued by the Issuer.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Majority in liquidation amount of the Securities means Holder(s) of outstanding Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Series or “Series of Securities” means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Class A Holder means the Person in whose name a Class A Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class A Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate, the Transferor, or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series D Notes is defined in Section 1.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A Notes is defined in Section 1.

  • 10% in liquidation amount of the Securities means Holders of outstanding Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series B or “Series B Equipment Notes” means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Required Subordinated Amount of Class C Notes means, for the Class A( - ) Notes for any date of determination, an amount equal to the product of

  • Preferred Shareholders means the holders of Preferred Shares.

  • Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.

  • Series D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 per share.

  • Majority Participating Holders means Participating Holders holding more than 50% of the Registrable Securities proposed to be included in any offering of Registrable Securities by such Participating Holders pursuant to Section 2.1 or Section 2.2.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series A Shares means shares of Series A Convertible Preferred Stock, par value $0.001 per share, of the Company.