Majority Participants definition

Majority Participants means the Holder(s) of more than 50% of the Outstanding VMTP Shares.

Majority Participants means the Holder(s) of more than 50% of the Outstanding New VMTP Shares.

Majority Participants means the Holder(s) of more than 50% of the Outstanding MFP Shares.

Examples of Majority Participants in a sentence

• All issues which are likely to have a material impact on the Assigned Claim, its enforceability, or its collection, and any issue which is likely to have a material impact on costs to be incurred related to the Assigned Claim, shall be determined by vote requiring approval of the Majority Participants.

• Upon any such resignation or removal, the Majority Participants shall have the right to appoint a successor Agent.

• In such instance, the related Majority Participants shall be deemed to have approved such foreclosure or acceptance of a deed in lieu of foreclosure unless such Majority Participants notify the Servicer in writing, within two (2) Business Days after their receipt of written notice of the proposed foreclosure or deed in lieu of foreclosure from the Servicer, that it disapproves of the related foreclosure or acceptance of a deed in lieu of foreclosure.

• The Agent may resign at any time by giving written notice thereof to the Participants, the Trustee and the Company and may be removed at any time with or without cause by the Majority Participants.

• The Trustee may act through agents and Experts and shall not be responsible for the misconduct or negligence of any agent or Expert appointed and retained with due care or with the consent of the Employer or the Majority Participants.

More Definitions of Majority Participants

Majority Participants means the Holder(s) of more than 50% of the Outstanding Series 1 VRDP Shares.

Majority Participants shall have the meaning set forth in Section 12.04.

Majority Participants for purposes of this Section 12.04 shall mean, with respect to each Bank, at any time participants of such Bank participating in at least 51% of the aggregate principal amount of Loans made by such Bank and outstanding at such time, or if no such Loans are outstanding at such time, participants of such Bank participating in at least 51% of the Commitment of such Bank at such time. In the case of any such participation, the participant shall not constitute a "Bank" hereunder and shall not have any rights under this Agreement or any of the other Credit Documents (the participant's rights against any Bank in respect of such participation to be those set forth in the agreement executed by such Bank in favor of the participant relating thereto) and all amounts payable by the Borrower hereunder shall be determined as if such Bank had not sold such participation, except that the participant shall be entitled to the benefits of Section 2.07 or 4.04 of this Agreement to the extent that such Bank would be entitled to such benefits if the participation had not been transferred, granted or assigned.

Majority Participants means (a) at any time the aggregate Outstanding Lease Amount is greater than $0, Participants whose aggregate Outstanding Participation Amounts equal or exceed fifty percent (50%) of the aggregate Outstanding Lease Amount at such time and (b) at any time the aggregate Outstanding Lease Amount is $0, Participants whose Proportionate Shares equal or exceed fifty percent (50%).

Majority Participants means Participants whose Commitments are two thirds or more of the sum of the Commitments. MARGIN:

Majority Participants has the meaning given to it in the Investment Agency Agreement.

Majority Participants means (a) at any time the aggregate Outstanding Lease Amount is greater than $0, Participants (other than Novellus Participant) whose aggregate Outstanding Participation Amounts exceed fifty percent (50%) of the aggregate Outstanding Participation Amounts of all Participants (other than Novellus Participant) at such time and (b) at any time the aggregate Outstanding Lease Amount is $0, Participants (other than Novellus Participant) whose Proportionate Shares exceed fifty percent (50%) of the aggregate Proportionate Shares of all Participants (other than Novellus Participant) at such time.