Priority Holders definition

Priority Holders means the following persons who have previously been granted registration rights by Parent: (i) Sirrom Capital Corporation, (ii) NationsBanc Capital Corporation, (iii) CMG@Ventures, L.P., (iv) WorldCom, Inc., (v) those former stockholders and other equity owners of Voice-Tel Enterprises, Inc. ("VTE"), VTN, Inc. and the franchisees of VTE, and (vi) the former stockholders of VoiceCom Holdings, Inc. pursuant to the acquisition agreement between Parent and certain stockholders of VoiceCom.
Priority Holders the holders of the Priority Obligations.
Priority Holders has the meaning set forth in Section 3.2.

Examples of Priority Holders in a sentence

  • The Senior Priority Representative shall act for the Senior Priority Secured Parties as provided in this Agreement, and shall be entitled to so act at the direction of the Requisite Senior Priority Holders from time to time.

  • The number of securities to be offered for the accounts of the Holders shall be reduced to zero before the number of securities to be offered for the accounts of the Priority Holders is reduced.

  • The Senior Priority Representative shall act for the Senior Priority Secured Parties as provided in this Agreement, and shall be entitled to so act at the direction of the requisite Senior Priority Holders from time to time.

  • In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall govern and control as between the First Priority Collateral Trustee, the First Priority Indenture Trustee, the Second Priority Collateral Trustee, the Second Priority Indenture Trustee, and any other Second Priority Holders (as such terms are defined in the Intercreditor Agrement).

  • Upon surrender of such First Priority Securities called for Mandatory Redemption or Optional Redemption, the Redemption Price for such First Priority Securities shall be paid to the First Priority Holders by the Paying Agent, to the extent that the Paying Agent has received the Redemption Price.

  • The obligations of each Guarantor under its Guarantee and this Indenture are in addition to and not in substitution for any other obligations to the Trustee, the Second Priority Collateral Trustee, and to any of the Second Priority Holders in relation to this Indenture, the Second Priority Securities, and each other Second Priority Document and any Guarantees or security at any time held by or for the benefit of any of them.

  • Notwithstanding any provision of law permitting or requiring any action to be taken or approved by the affirmative vote of the holders of Equity Shares entitled to cast a greater number of votes, any such action shall be effective and valid if taken or approved by the affirmative vote of holders of Equity Shares entitled to cast a majority of all the votes entitled to be cast on the matter.

  • The Requisite Second Priority Holders may remove the Trustee by so notifying the Company and the Trustee in writing and may appoint a successor trustee with the Company’s consent.

  • Notwithstanding anything to the contrary in this Agreement, the Second Priority Agents and the Second Priority Holders may exercise rights and remedies as an unsecured creditor against New Pyxus Topco, any Grantor or any Subsidiary that has guaranteed the Second Priority Claims in accordance with the terms of the applicable Second Priority Documents and applicable law, in each case to the extent not inconsistent with the provisions of this Agreement.

  • Any enforcement proceeding instituted by the First Priority Indenture Trustee shall be brought in its own name as trustee of an express trust in favor of the First Priority Holders.


More Definitions of Priority Holders

Priority Holders means any person qualifying as a "Holder" under the 1994 Agreement.
Priority Holders shall have the meaning set forth in Section 4.2.
Priority Holders means the Crest Group, Jackxxx, XxncBoston, the RTK Stockholder, the CRI Stockholder, Prudential, RFM CRI LLC, the Telecrafter Stockholder, GECC and PNC.
Priority Holders means Jacxxxx, XancBoston, GECC and PNC.
Priority Holders has the meaning specified therefore in Section 2.01 (c) of this Agreement.
Priority Holders means Priority Investment Holdings, LLC and Priority Equity Incentive Holdings, LLC or their Affiliates.

Related to Priority 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.

  • Holders means the holder or holders, as the case may be, from time to time of Registrable Securities.

  • Equity Holders means the Stockholders and the Option Holders.

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

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Second Lien Noteholders means the holders of the Second Lien Notes.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

  • Senior Noteholders means the holders of the Senior Notes.

  • Security Holder means the holder of a Security.

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

  • Class C Noteholders means the holders of any Class C Notes from time to time.

  • Instituting Noteholders has the meaning set forth in Section 7.6(a) of the Indenture.

  • Priority Non-Tax Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Requesting Noteholders shall have the meaning ascribed thereto in Section 12.01 of the Indenture.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Required Consenting Noteholders means, as of the relevant date, Consenting Noteholders that collectively hold at least 75% of the aggregate outstanding principal amount of the Notes Claims held by all such Consenting Noteholders.

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • Priority Non-Tax Claim means any Claim other than an Administrative Expense Claim or a Priority Tax Claim, entitled to priority in payment as specified in section 507(a) of the Bankruptcy Code.

  • priority date means the date of the earlier application that serves as the basis for the right of priority provided for in the Paris Convention;

  • Eligible Holders has the meaning set forth in Section 2.01(a).

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.

  • Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

  • Unit Holders means all Unit Holders.