Series C Majority Holders definition

Series C Majority Holders means the holders of a majority of the then outstanding shares of Series C Preferred Stock.
Sample 1
Series C Majority Holders means the holders of at least a simple majority (1/2) of the votes carried by the then outstanding Series C Shares, voting as a separate class.
Sample 1
Series C Majority Holders means the holders of at least a simple majority (1/2) of the votes carried by the then issued and outstanding Series C Shares, voting as a separate class, and on as-converted basis.
Sample 1

Examples of Series C Majority Holders in a sentence

  • The undersigned Series A Majority Holders, Series B Majority Holders and Series C Majority Holders hereby confirm that the Collateral Assignment shall be deemed to be a “Security Document” as such term is defined in the Series A Purchase Agreement, the Series B Purchase Agreement and the Series C Purchase Agreement.

  • All shares of Preferred Stock shall automatically be converted into shares of Common Stock (determined pursuant to Section 4.3.5(a) above), based on the then-effective Conversion Ratio of such share, at any time (i) upon the affirmative vote or prior written consent of the Series C Majority Holders, consenting or voting (as the case may be) separately as a class or (ii) immediately upon the closing of a QPO.

  • Money Manager shall notify FRIMCo in writing sufficiently in advance of any proposed change of control, as defined in Section 2(a)(9) of the Act, as will enable FRIMCo to: (a) consider whether an assignment as defined in Section 2(a)(4) of the Act will occur; (b) take the steps necessary to enter into a new Contract with Money Manager, including obtaining the approval of the Board; and (c) create, file and deliver a supplement to its Disclosure Documents.

  • Information on the distribution channels used within a Member State has contributed to our aggregation of the costs of the new regulations from our sample Member States to the EU level.

  • For purposes of this definition, "fair market value" shall be determined by the mutual agreement of the Corporation and the Series C Majority Holders, or if such agreement cannot be reached within five business days prior to the date of redemption, by an investment banking firm selected by the Corporation and reasonably acceptable to the Series C Majority Holders, with the costs of such appraisal to be borne by the Corporation.

  • Any of the rights, powers or preferences of the holders of Series C Preferred Stock set forth herein may be waived or defeased by the affirmative consent or vote of the Series C Majority Holders.

Related to Series C Majority Holders

  • Majority Holders means the Holders of a majority of the aggregate principal amount of Securities registered under a Registration Statement.

  • Majority Holder as used in this Section 7.4 shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all of the Registrable Securities.

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

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • Equity Holders means the Stockholders and the Option Holders.

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • Initial Holders has the meaning set forth in the preamble.

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution. Act and Interpretation Act Definitions Applicable

  • Note Majority means a majority by principal amount of the Noteholders.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Majority Investors means, as of any date, the holders of a majority of the Investor Shares outstanding on such date.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.7

  • Majority in Interest of Noteholders means, as of a particular date of determination and subject to Section 2.16 of the Indenture, the holders of at least a majority in aggregate unpaid principal amount of all Equipment Notes outstanding as of such date (excluding any Equipment Notes held by the Company or any Affiliate thereof, it being understood that a Pass Through Trustee shall be considered an Affiliate of the Company as long as more than 50% in the aggregate face amount of Pass Through Certificates issued by the corresponding Pass Through Trust are held by the Company or an Affiliate of the Company or a Pass Through Trustee is otherwise under the control of the Company or such Affiliate of the Company (unless all Equipment Notes then outstanding are held by the Company or any Affiliate thereof, including the Pass Through Trustees which are considered Affiliates of the Company pursuant hereto)); provided that for the purposes of directing any action or casting any vote or giving any consent, waiver or instruction hereunder, any Noteholder of an Equipment Note or Equipment Notes may allocate, in such Noteholder’s sole discretion, any fractional portion of the principal amount of such Equipment Note or Equipment Notes in favor of or in opposition to any such action, vote, consent, waiver or instruction.

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Majority in Interest of Note Holders Make-Whole Amount" or "Note Holder," or the percentage of Note Holders required to take or approve any action hereunder, (ii) reduce the amount, or change the time of payment or method of calculation of any amount, of Original Amount, Make-Whole Amount, if any, or interest with respect to any Equipment Note, or alter or modify the provisions of Article III hereof with respect to the order of priorities in which distribution thereunder shall be made as among the Note Holders, the Owner Trustee and Lessee, (iii) reduce, modify or amend any indemnities in favor of the Owner Trustee, the Mortgagee or the Note Holders (except that the Owner Trustee (in its individual capacity) or the Mortgagee, as the case may be, may consent to any waiver or reduction of an indemnity payable to it) or the other Indenture Indemnitees, (iv) consent to any change in the Trust Indenture or the Lease which would permit redemption of Equipment Notes earlier than permitted under Section 2.10 or 2.11 hereof or the purchase or exchange of the Equipment Notes other than as permitted by Section 2.13 hereof, (v) except as contemplated by the Lease or the Participation Agreement, reduce the amount or extend the time of payment of Basic Rent, Stipulated Loss Value, or Termination Value for the Aircraft in each case as set forth in the Lease, or modify, amend or supplement the Lease or consent to any assignment of the Lease, in either case releasing Lessee from its obligations in respect of the payment of Basic Rent, Stipulated Loss Value or Termination Value for the Aircraft or altering the absolute and unconditional character of the obligations of Lessee to pay Rent as set forth in Sections 3 and 16 of the Lease or (vi) permit the creation of any Lien on the Trust Indenture Estate or any part thereof other than Permitted Liens or deprive any Note Holder of the benefit of the Lien of this Trust Indenture on the Trust Indenture Estate, except as provided in connection with the exercise of remedies under Article IV hereof.

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

  • Series A Shares means the Company’s Series A Preferred Stock, par value $0.01 per share.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • 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-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

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