Requisite Parties definition

Requisite Parties means both the Board of Directors and the Selling Holders.

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Requisite Parties means all parties required to amend the terms and

Requisite Parties means, as of any date of determination, each of the (a) Supporting Senior Secured Noteholders who collectively own or control at least a majority of the aggregate principal amount of the Senior Secured Notes owned or controlled by all of the Supporting Senior Secured Noteholders and (b) Supporting Convertible Unsecured Noteholders who collectively own or control at least a majority of the aggregate principal amount of the Convertible Unsecured Notes owned or controlled by all of the Supporting Convertible Unsecured Noteholders, provided that, (a) if the Senior Secured Notes RSA has terminated pursuant to its terms, the “Requisite Parties” shall not include the Supporting Senior Secured Noteholders and (b) if the Convertible Unsecured Notes RSA has terminated pursuant to its terms, the “Requisite Parties” shall not include the Supporting Convertible Unsecured Noteholders.

Examples of Requisite Parties in a sentence

• The Requisite Parties agree to act in good faith without undue delay in issuing any such written instruction and approving any such adjustment.

• Each Stockholder shall receive the same form and amount of consideration as the Requisite Parties receive in connection with such Change of Control transaction, except to the extent necessary to comply with applicable securities laws, in which case, such Stockholder shall instead receive a cash payment of equal value.

• This Agreement may be terminated by mutual written agreement among the Requisite Parties.

• The power of attorney granted hereunder shall authorize the President of the Company to execute and deliver the documentation referred to in Section 6(b) on behalf of Subscriber if Subscriber fails to do so within five (5) business days of a request by the Company, assuming at the time of such request the Sale of the Company has been approved by the Requisite Parties.

• The Parties hereto may not amend, modify or supplement this Agreement except pursuant to a written instrument making specific reference to this Agreement that identifies itself as an amendment, modification or supplement to this Agreement and that is signed by the Requisite Parties; provided that no provision of this Agreement may be amended or modified in a manner that disproportionately and materially adversely affects a Party without such Party’s consent.

More Definitions of Requisite Parties

Requisite Parties means the Debtors and the Requisite Backstop Parties; provided, however, that in the context of whether a Restructuring Document is acceptable (including reasonably acceptable) to the Requisite Parties, to the extent such Restructuring Document contains provisions that are (i) not addressed in this Agreement or (ii) not consistent with the terms of this Agreement, then the term “Requisite Parties” shall also include (x) the Requisite Consenting Existing Lenders to the extent (and solely to the extent) such provisions materially and adversely affect the treatment of the Credit Facility Claims under the Plan or the releases to be received by the Consenting Existing Lenders and their respective Related Parties under the Plan, (y) the Requisite Consenting Noteholders to the extent (and solely to the extent)

Requisite Parties has the meaning given in Recital (B);

Requisite Parties means (x) the Board (including the affirmative vote of the Majority Preferred Directors), (y) the holders of a majority of the voting power of the then issued and outstanding Ordinary Shares and Golden Shares of the Company voting together as a single class and (z) the Majority Preferred Holders.

Requisite Parties shall have the meaning set forth in Section 4.3.

Requisite Parties means, collectively, the Company and the holders of at least 60% of the Registrable Securities, other than the Series I-1 Preferred Stock and Non-Voting Common Stock issued upon conversion thereof, then outstanding (voting together as a single class on an as-converted basis and with the Series B-1 Preferred Stock being treated as not subject to the Regulatory Voting Restriction for this purpose).

Requisite Parties has the meaning set forth in Section 3.1(e)(ii)(A) hereof.

Requisite Parties means the Debtors and the Requisite Consenting Lenders. (bbb) “Restructuring Documents” means all agreements, instruments, pleadings, orders, forms and other documents (including all exhibits, schedules, supplements, appendices, annexes, instructions and attachments thereto) that are utilized to implement or effectuate this Agreement, the Plan and/or the Restructuring, including, but not limited to, (i) the Bidding Procedures, the Bidding Procedures Motion and the Bidding Procedures Order, (ii) the Plan and the Plan Supplement, (iii) the Disclosure Statement and any motion seeking the approval thereof and related Solicitation materials, (iv) the Disclosure Statement Order, (v) the Confirmation Order,