Holders of a Majority of the Registrable Securities definition

Holders of a Majority of the Registrable Securities means the Person or Persons who are the Holders of greater than 50% of the shares of Registrable Securities then outstanding.
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Holders of a Majority of the Registrable Securities means, at any particular date of determination, a Holder or Holders holding more than 50% of the Registrable Securities.
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Examples of Holders of a Majority of the Registrable Securities in a sentence

  • The provisions of this Agreement may be amended or waived at any time only by the written agreement of the Company and the Holders of a Majority of the Registrable Securities.

  • In such event the right of any Holder to registration pursuant to this Section 2 shall be conditioned upon such Holder's participation in such underwriting and the inclusion of such Holder's Registrable Securities in the underwriting to the extent requested (unless otherwise mutually agreed by the Holders of a Majority of the Registrable Securities initiating such request for registration and such Holder) to the extent provided herein.

  • Subject to Section 13, this Agreement may not be modified or amended except by a writing duly signed by the Company and the Holders of a Majority of the Registrable Securities.

  • In the case of any underwritten offering pursuant to Section 2, the Holders of a Majority of the Registrable Securities initially requesting a Registration shall select the institution or institutions that shall manage or lead the offering or placement, subject to the reasonable satisfaction of the Company.

  • Subject to Section ___, this Agreement may not be modified or amended except by a writing duly signed by the Company and the Holders of a Majority of the Registrable Securities.

  • If such method of disposition shall be an underwritten public offering, the Holders of a Majority of the Registrable Securities to be sold in such offering may designate the managing underwriter of such offering, subject to the approval of Merchant, which approval shall not be unreasonably withheld or delayed.

  • Otherwise, such Subsequent Shelf Registration Statement shall be on another appropriate form and shall provide for the registration of such Registrable Securities for resale by the Holders in accordance with any reasonable method of distribution elected by the Holders of a Majority of the Registrable Securities covered thereby.

  • No waiver of or consent to any departure by the Company from any provision of this Registration Rights Agreement shall be effective unless in writing and signed by the Holders of a Majority of the Registrable Securities.

  • Each Holder acknowledges that, by operation of Section 3.1 hereof, the Holders of a Majority of the Registrable Securities will, subject to the limitations contained in such Section 3.1, have the right and power to diminish or eliminate certain rights of Holders under this Agreement.

  • If the Requesting Holder or Requesting Holders, as the case may be, elect to have the offering of Registrable Securities pursuant to a Demand Registration be in the form of an underwritten offering, the Holders of a Majority of the Registrable Securities to be included in such offering shall select and obtain the investment banker or investment bankers and manager or managers that will administer the offering (subject to the approval of the Company, not to be unreasonably withheld or delayed).

Related to Holders of a Majority of the Registrable Securities

  • Additional Registrable Securities means, (i) any Cutback Shares not previously included on a Registration Statement and (ii) any capital stock of the Company issued or issuable with respect to the Common Shares, the Warrants, the Warrant Shares, or the Cutback Shares, as applicable, as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise without regard to any limitations on exercise of the warrants.

  • Other Registrable Securities means (i) any Common Equity held (directly or indirectly) by any Other Holders or any of their Affiliates, and (ii) any equity securities of the Company or any Subsidiary issued or issuable with respect to the securities referred to in clause (i) above by way of dividend, distribution, split or combination of securities, or any recapitalization, merger, consolidation or other reorganization.

  • Initial Registrable Securities means (i) the Warrant Shares issued or issuable upon exercise of the Warrants and (ii) any capital stock of the Company issued or issuable with respect to the Warrant Shares or the Warrants as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise, in each case without regard to any limitations on the exercise of the Warrants.

  • Registrable Securities has the meaning set forth in the Registration Rights Agreement.

  • Registrable Securities then outstanding means the number of shares determined by adding the number of shares of outstanding Common Stock that are Registrable Securities and the number of shares of Common Stock issuable (directly or indirectly) pursuant to then exercisable and/or convertible securities that are Registrable Securities.