Common use of Action by Purchasers Clause in Contracts

Action by Purchasers. Any action to be taken by the Purchasers pursuant to this Agreement, including without limitation instructing the Agent to act pursuant to this Agreement, shall be approved in writing by a majority-in-interest of the then outstanding principal amount of the Notes.

Appears in 3 contracts

Sources: Security Agreement (Azco Mining Inc), Security Agreement (Bulldog Technologies Inc), Pledge Agreement (Bulldog Technologies Inc)