Common use of Majority of Holders Clause in Contracts

Majority of Holders. In the event of a merger or consolidation or sale, assignment, conveyance, transfer, lease or other disposition of all or substantially all of the properties and assets of the Company and its subsidiaries on a consolidated basis, the Company shall procure the assumption of its obligations under this Agreement (which it is understood and agreed shall include the registration of any other Applicable Stock on substantially the same terms as provided for the registration of the Common Stock) by the Person (if other than the Company) formed by such consolidation or into which the Company is merged or the Person who acquires by sale, assignment, conveyance, transfer, lease or other disposition all or substantially all of the properties and assets of the Company and its subsidiaries on a consolidated basis and this Agreement may be amended, modified or supplemented without the consent of any Holders to provide for such assumption of the Company's obligations hereunder (including the registration of any other Applicable Stock). Without the consent of each Holder of Notes, no amendment or modification may change the provisions relating to the payment of Additional Interest or the requirement to issue additional shares of Common Stock during a Registration Default Period. Each Holder of Notes or Registrable Securities outstanding at the time of any amendment, modification, supplement, waiver or consent or thereafter shall be bound by any amendment, modification, supplement, waiver or consent effected pursuant to this Section 10(b), whether or not any notice, writing or marking indicating such amendment, modification, supplement, waiver or consent appears on the Notes or Registrable Securities or is delivered to such Holder.

Majority of Holders. In the event of a merger or consolidation or sale, assignment, conveyance, transfer, lease or other disposition of all or substantially all of the properties and assets of the Company and its subsidiaries on a consolidated basis, the Company shall procure the assumption of its obligations under this Agreement (which it is understood and agreed shall include the registration of any other Applicable Stock on substantially the same terms as provided for the registration of the Common Stock) by the Person (if other than the Company) formed by such consolidation or into which the Company is merged or the Person who acquires by sale, assignment, conveyance, transfer, lease or other disposition all or substantially all of the properties and assets of the Company and its subsidiaries on a consolidated basis and this Agreement may be amended, modified or supplemented without the consent of any Holders to provide for such assumption of the Company's obligations hereunder (including the registration of any other Applicable Stock). Without the consent of each Holder of NotesSecurities, no amendment or modification may change the provisions relating to the payment of Additional Interest or the requirement to issue additional shares of Common Stock during a Registration Default Period. Each Holder of Notes or Registrable Securities outstanding at the time of any amendment, modification, supplement, waiver or consent or thereafter shall be bound by any amendment, modification, supplement, waiver or consent effected pursuant to this Section 10(b), whether or not any notice, writing or marking indicating such amendment, modification, supplement, waiver or consent appears on the Notes or Registrable Securities or is delivered to such Holder.

Majority of Holders. In the event of a merger or consolidation or sale, assignment, conveyance, transfer, lease or other disposition of all or substantially all of the properties and assets of the Company and its subsidiaries Subsidiaries on a consolidated basis, the Company shall procure the assumption of its obligations under this Agreement (which it is understood and agreed shall include the registration of any other Applicable Stock on substantially the same terms as provided for the registration of the Common Stock) by the Person (if other than the Company) formed by such consolidation or into which the Company is merged or the Person who acquires by sale, assignment, conveyance, transfer, lease or other disposition all or substantially all of the properties and assets of the Company and its subsidiaries Subsidiaries on a consolidated basis and this Agreement may be amended, modified or supplemented without the consent of any Holders to provide for such assumption of the Company's obligations hereunder (including the registration of any other Applicable Stock)hereunder. Without the consent of each the Holder of Noteseach Security, no amendment or modification may change the provisions relating to the payment of Additional Interest or the requirement to issue additional shares of Common Stock during a Registration Default PeriodInterest. Each Holder of Notes or Registrable Securities outstanding at the time of any amendment, modification, supplement, waiver or consent or thereafter shall be bound by any amendment, modification, supplement, waiver or consent effected pursuant to this Section 10(b), whether or not any notice, writing or marking indicating such amendment, modification, supplement, waiver or consent appears on the Notes or Registrable Securities or is delivered to such Holder.

Majority of Holders. In the event of a merger or consolidation or sale, assignment, conveyance, transfer, lease or other disposition of all or of substantially all of the properties and assets of the Company and its subsidiaries Subsidiaries on a consolidated basis, the Company shall procure the assumption of its obligations under this Agreement (which it is understood and agreed shall include the registration of any other Applicable Stock on substantially the same terms as provided for the registration of the Common Stock) by the Person (if other than the Company) formed by such consolidation or into which the Company is merged or the Person who acquires by sale, assignment, conveyance, transfer, lease or other disposition all or substantially all of the properties and assets of the Company and its subsidiaries Subsidiaries on a consolidated basis and this Agreement may be amended, modified or supplemented without the consent of any Holders to provide for such assumption of the Company's obligations hereunder (including the registration of any other Applicable Stock)hereunder. Without the consent of each Holder of NotesSecurities, no amendment or modification may change the provisions relating to the payment of Additional Interest or the requirement to issue additional shares of Common Stock during a Registration Default PeriodInterest. Each Holder of Notes or Registrable Securities outstanding at the time of any amendment, modification, supplement, waiver or consent or thereafter shall be bound by any amendment, modification, supplement, waiver or consent effected pursuant to this Section 10(b), whether or not any notice, writing or marking indicating such amendment, modification, supplement, waiver or consent appears on the Notes or Registrable Securities or is delivered to such Holder.