Requisite Holders definition

Requisite Holders means the holders of the Warrants representing a majority of the shares of Common Stock underlying the Warrants then outstanding.

Requisite Holders means at any time holders of Warrant Shares and Warrants representing more than 50% of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.

Requisite Holders means the holders of at least a majority of the outstanding shares of Preferred Stock (voting as a single class on an as-converted basis).

Examples of Requisite Holders in a sentence

• Any provision of the Notes may be amended or waived by the written consent of the Company and the Requisite Holders.

• If this Note has not otherwise been converted or repaid, upon a Change of Control or Acquisition, as the case may be, at the election of the Requisite Holders, the unpaid principal balance of this Note, together with any then unpaid accrued interest shall be converted into shares of Common Stock at the Cap Price immediately prior to such Change of Control or Acquisition.

• In addition, the Company shall not amend, modify, terminate, waive, or otherwise alter, in whole or in part, any of the above-referenced agreements or any restricted stock agreement between the Company and any employee, without the consent of the Board, including a majority of the Preferred Directors (which majority shall include the Series B Director), or the consent of the Requisite Holders.

• The Series C-1 Preferred Stock are redeemable in three annual installments at a price per share of $0.7709 (subject to adjustment for stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) at any time after July 1, 2020 upon the written request of the Requisite Holders.

• This Agreement may be amended or modified (or provisions of this Agreement waived) only upon the written consent of (a) the Company and (b) the Requisite Holders; provided, however, that for so long as Foundry has the right to designate a director for election to the Board pursuant to Section 1.2(a), Section 1.2(a) and the provisions of this Agreement that enable Section 1.2(a) shall not be amended, modified or waived without the written consent of Foundry.

More Definitions of Requisite Holders

Requisite Holders means the Holder or, in the event that there are multiple Holders, the Holder or Holders that own or otherwise hold more than fifty percent (50%) of the aggregate Registrable Securities.

Requisite Holders means the holders of at least a majority of the then outstanding shares of Series E Preferred Stock.

Requisite Holders means any Holder or Holders of a majority in interest of the Registrable Securities included or to be included in a registration or other relevant action, as the case may be.

Requisite Holders means Holders of a majority in principal amount of the Outstanding Securities.

Requisite Holders means Holders of a majority of the then outstanding shares of Series A Preferred Stock, voting together as a single class.

Requisite Holders means at any time holders of Warrant Shares and Warrants representing at least a majority of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.

Requisite Holders means the Holder or Holders of a majority in principal amount of the outstanding Notes or as otherwise provided in Article Six of the Indenture.