Supermajority Noteholders definition

Supermajority Noteholders means, with respect to the Series 2005-2 Notes, subject to Section 8.9 of this Series Supplement, Series 2005-2 Noteholders holding 662/3% or more of the Series 2005-2 Invested Amount (excluding any Series 2005-2 Notes held by ARG or any Affiliate of ARG).

Supermajority Noteholders means (i) prior to the Option Closing, the holders of Notes with an aggregate principal amount equal to at least 66.67% of the aggregate principal amount of the Notes purchased at the Initial Closings and (ii) after the Option Closing, the holders of Notes with an aggregate principal amount equal to at least 66.67% of the aggregate principal amount of the Notes purchased at the Initial Closings and the Option Closing collectively.

Supermajority Noteholders means, as of the date of determination, Consenting Noteholders holding at least 66 and 2/3% of the outstanding principal amount of the Unsecured Notes outstanding under the Unsecured Note Indentures.

Examples of Supermajority Noteholders in a sentence

• From time to time, the Company shall use its commercially reasonable efforts to execute and deliver to the Lenders such additional documents and shall provide such additional information to the Lenders as the Supermajority Noteholders may reasonably require to carry out the terms of this Agreement and the Notes and any agreements executed in connection herewith or therewith.

• Subject to the terms of Section 8.8, each Lender acknowledges that by the operation of Section 8.8 hereof the Supermajority Noteholders will have the right and power to diminish or eliminate all rights of the Lenders under this Agreement and each Note issued to the Lenders.

• For so long as any of the Notes remain outstanding, without the prior written consent of the Supermajority Noteholders, the Company shall not issue any promissory notes convertible into the Company’s shares or any securities conferring the right to purchase the Company’s shares or securities convertible into, or exchangeable for (with or without additional consideration) the Company’s shares.

• If the Required Supermajority Noteholders have not appointed a successor Administrative Agent in accordance with paragraph (b) above within twenty (20) days after notice of resignation was given, the retiring Administrative Agent (after consultation with the Issuer) may appoint a successor Administrative Agent.

• Alternatively the Administrative Agent may resign by giving thirty (30) days’ notice to the Funding Agents and the Issuer, in which case the Required Supermajority Noteholders (after consultation with the Issuer) may appoint a successor Administrative Agent.

More Definitions of Supermajority Noteholders

Supermajority Noteholders means Noteholders holding at least 66⅔% of the sum of the outstanding principal amount of the Notes.

Supermajority Noteholders with respect to each Series of Notes, has the meaning set forth in the applicable Series Supplement.

Supermajority Noteholders means, at any time, Noteholders owed or holding at least 75% of the aggregate principal amount of the Amended Notes outstanding at such time.

Supermajority Noteholders means, with respect to the Series 2002-2 Notes, Series 2002-2 Noteholders holding 662/3% or more of the Series 2002-2 Invested Amount (excluding any Series 2002-2 Notes held by ARG II or any Affiliate of ARG II).

Supermajority Noteholders means holders of Notes constituting 66 2/3 % of the then outstanding aggregate principal amount of Notes, excluding any Notes held by National Coal or any of its Subsidiaries or Affiliates.

Supermajority Noteholders means, as of the date of determination, Consenting Noteholders holding, controlling or having the ability to control at least 66.67% in aggregate principal amount of Notes outstanding under the Indenture other than Notes held by the GE Parties or any other affiliates of the Company.

Supermajority Noteholders means, at any time, those Noteholders whose Pro Rata Shares aggregate sixty-six and two-thirds percent (66 2/3%) or more of the aggregate outstanding principal amount of all Notes; provided, however, that if any Noteholder (the "relevant Noteholder"), together with its Affiliates, holds sixty-six and two-thirds percent (66 2/3%) or more of the aggregate outstanding principal amount of all Notes, then the Supermajority Noteholders shall include at least one additional Noteholder that is not an Affiliate of the relevant Noteholder.