Series C Majority means the Series C Shareholder(s) holding at least 50% of the issued and outstanding Series C Shares.
Series C Majority means the holders of a majority in number of Series C Shares from time to time; “Series C Majority Consent” means the prior written consent of the Series C Majority;
Examples of Series C Majority in a sentence
SERIES C MAJORITY means, for any given time, holders representing the majority in voting for the C-series shares then held all holders.
More Definitions of Series C Majority
Series C Majority means, for any given time, Holders representing a majority in voting power of the Series C Shares then held by all Holders. "SERIES C SHARES" means the Series C Convertible preferred shares, par value US$0.01 per share. "SERIES C QPO" means an IPO by the Company on a Qualified Exchange (or such other exchange as shall be approved in writing by the holders of a majority in voting power of the Series C Shares) of Ordinary Shares representing at least 25% of the fully-diluted share capital of the Company immediately following the offering, at a price per share that values the Company at no less than US$335,000,000 immediately prior to the offering. "SHAREHOLDER AGREEMENT" means that certain Amended and Restated Shareholders Agreement, dated of even date herewith, among the Company, ManagerCo and the additional parties named therein.
Series C Majority means (i) the holders of at least a majority of the voting power of the outstanding Series C1 Preferred Shares (voting together as a single class and on an as converted basis) before the Series C2 Closing, or (ii) the holder of at least a majority of the voting power of the outstanding Series C Preferred Shares (voting together as a single class and on an as converted basis) if the Series C2 Closing has been fully consummated.
Series C Majority means the holders in the aggregate of a majority of the then outstanding shares of Series C Preferred Stock, voting together as a separate class.
Series C Majority shall have the meaning ascribed to it in Section 7.1.1.
Series C Majority means holders of a majority of the Series C Shares; provided that such approving holders must include ARCC if at the time such action is approved ARCC is a Continuing Series C Share Holder.
Series C Majority. Section 2(a) or Section 2(d) may be assigned (other than to an Affiliate of ARCC) in each case without both the prior written consent of the Company and approval of the Board.