Requisite Purchasers means one or more Purchasers holding more than 50% of the aggregate outstanding principal amount of the Notes held by all Purchasers at such time.
Requisite Purchasers means Purchasers holding a majority of the Outstanding Balance, in the aggregate, of all Notes issued under this Agreement.
Requisite Purchasers means one or more Purchasers holding Notes Exposure and representing more than 50% of the aggregate Notes Exposure of all Purchasers; provided that (i) the amount of Notes Exposure of any Defaulting Purchaser shall be disregarded for purposes of this definition (including clause (ii) of this proviso), and (ii) to the extent that the total number of Purchasers (treating all Purchasers that are Affiliates as a single Purchasers) is greater than one, solely for purposes of any requested consent, waiver, amendment, or other modification requiring the affirmative vote of “Requisite Purchasers” (but, for the avoidance of doubt, not for the purpose of exercising or enforcing any rights and remedies available under any Note Document or applicable law), “Requisite Purchasers” shall also include at least two (treating all Purchasers that are Affiliates as a single Purchasers) Purchasers.
Examples of Requisite Purchasers in a sentence
Such Registration Statement shall not 108 include any shares of Common Stock or other securities for the account of any other holder without the prior written consent of the Requisite Purchasers.
Any term of this Agreement and any Note may be amended only with the written consent of the Company, the Principal Purchaser and the Requisite Purchasers.
At any time, the Requisite Purchasers may direct in writing the time, method and place of conducting any proceeding for any remedy available to the Principal Purchaser or of exercising any trust or power conferred on the Principal Purchaser.
More Definitions of Requisite Purchasers
Requisite Purchasers means:
Requisite Purchasers means Purchasers holding a majority of the aggregate principal amount of the Notes then Outstanding.
Requisite Purchasers means, as of any date of determination, Purchasers having more than 50% of the Purchasers’ Investment Limit or, if the Purchaser Commitments have been terminated, Purchasers holding in the aggregate more than 50% of all Loans and Purchasers’ Investment; provided that the Purchaser Commitment of, and the outstanding principal amount of any Loans and portion of Purchasers’ Investment held by, any Defaulting Purchaser shall be excluded for purposes of making a determination of Requisite Purchasers.
Requisite Purchasers means Purchasers holding more than fifty percent (50%) of the aggregate outstanding principal amount of the Notes issued pursuant to this Agreement. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings given to them in the Notes (as defined below).
Requisite Purchasers means the holders of the Notes representing a majority of the then outstanding principal balance of the Notes.
Requisite Purchasers means (i) in the case of issues relating to or concerning the Notes or Warrants, Persons holding Common Stock Equivalents representing a majority of all the outstanding Common Stock Equivalents issuable upon conversion of Notes, or upon exercise of Warrants, held by such Persons at the time in question, provided that so long as CVCA, or its Affiliates, is a Significant Holder, CVCA must be included in such majority, (ii) in the case of issues relating to or concerning the Series B Preferred Shares, Persons holding Common Stock Equivalents representing a majority of all outstanding Common Stock Equivalents issuable upon conversion of the Series B Preferred Shares held by such Persons at the time in question provided that so long as CVCA or its Affiliates, is a Significant Holder, CVCA must be included in such majority, (iii) in the cases of issues relating to or concerning the Series A Preferred Shares, CVCA, (iv) in the case of issues relating to or concerning the Series C Preferred Shares, Sprout, and (v) in the case of issues relating to or concerning the Series D Preferred Shares, Persons holding Common Stock Equivalents representing a majority of all outstanding Common Stock Equivalents issuable upon conversion of the Series D Preferred Shares, held by such Persons at the time in question provided that so long as CVCA, or its Affiliates, is a Significant Holder, CVCA must be included in such majority.
Requisite Purchasers means those Purchasers who hold in the aggregate in excess of a majority the Restricted Securities (based on Common Stock Equivalents) held by all of the Purchasers, provided that so long as CVCA, or its Affiliates, is a Significant Holder, CVCA must be included in such majority.