Majority Consenting Noteholders definition
Examples of Majority Consenting Noteholders in a sentence
Interest Offering Shares, Backstopped Shares and Backstop Consideration Shares issued in connection with the Share Offering have been, as of the Election Deadline and the Implementation Date, conditionally approved for listing on the TSX or such other Designated Offshore Securities Market acceptable to the Majority Consenting Noteholders, subject only to receipt of customary final documentation.
Clause 8.2(b)(ii) of the Revised Lock-Up Agreement permits the Revised Lock-Up Agreement to be terminated by notice from the Company, the Majority Consenting Noteholders, or the Majority NSSN Underwriters, if the Transaction has not been completed by a specified date.
For the avoidance of doubt, a waiver by the Majority Consenting Noteholders shall be binding on all other Consenting Noteholders.
The Definitive Documents shall be consistent in all respects with the terms of this term sheet and otherwise reasonably acceptable to the Majority Consenting Noteholders.
Notwithstanding any provision in this Agreement to the contrary, upon the written consent of USEC and the Majority Consenting Noteholders, the dates and deadlines set forth in this subparagraph (c) may be extended prior to or upon each such date or deadline, and such later date or deadline agreed to in lieu thereof shall be of the same force and effect as the dates provided herein.