Requisite Holders definition

Requisite Holders means at any time holders of Warrant Shares and Warrants representing at least a majority of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.

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

Requisite Holders means the Holder or, in the event that there are multiple Holders, the Holder or Holders that own or otherwise hold more than fifty percent (50%) of the aggregate Registrable Securities.

Examples of Requisite Holders in a sentence

• Subject to the rules and regulations of the Trading Market and the consent of the Requisite Holders, the Company may at any time during the term of this Warrant reduce the then current Exercise Price to any amount and for any period of time deemed appropriate by the Board of Directors.

• No provision of this Agreement may be waived, modified, supplemented or amended except in a written instrument signed, in the case of an amendment, by the Company and by the Requisite Holders or, in the case of a waiver, by the party against whom enforcement of any such waived provision is sought.

• The Company shall timely file a Current Report on Form 8-K (the “Form 8-K”) as required by this Agreement, and may issue a press release, in each case reasonably acceptable to the Requisite Holders, disclosing the material terms of the transactions contemplated hereby.

• The Company shall not merge, dissolve, liquidate, consolidate with or into another person, or sell, transfer, license, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired), except for the sale of all or a portion of the assets related to the Company’s biomaterials business without the prior written consent of the Requisite Holders.

• If any Event of Default occurs (other than the one described in (viii) above), upon written request of the Requisite Holders, the Mandatory Default Amount through the date of acceleration shall be paid to the Holder in cash.

More Definitions of Requisite Holders

Requisite Holders means the holders of at least a majority of the then outstanding shares of Series E Preferred Stock.

Requisite Holders means the holders of at least a majority of the outstanding shares of Preferred Stock (voting as a single class on an as-converted basis).

Requisite Holders means Holders of a majority of the then outstanding shares of Series A Preferred Stock, voting together as a single class.

Requisite Holders means, with respect to any registration of Registrable Securities pursuant to Section 2.1 above, any holder or holders of more than 50% of the Registrable Securities to be so registered.

Requisite Holders means holders of record of a majority of the outstanding shares of Preferred Stock (excluding, for the avoidance of doubt, any shares of Preferred Stock that are held by the Corporation or its controlled Affiliates (including in treasury), whether repurchased, redeemed or otherwise acquired, which shall not be entitled to a vote).

Requisite Holders. Requisite Holders" shall mean any Holder or Holders of a majority in interest of the relevant class of Registrable Securities requested to be included in a registration or other relevant action, as the case may be.

Requisite Holders shall have the meaning ascribed to such term in the Purchase Agreement.