Majority Electing Holders

Majority Electing Holders. Means the Electing Holders of a majority of the aggregate principal amount of outstanding Registrable Securities.

Majority Electing Holders. Means the Electing Holders holding at least a majority in aggregate principal amount of the Registrable Securities and of the "Registrable Securities," as defined in the Exchange and Registration Rights Agreement, dated as of the Existing Notes Closing Date, relating to the Existing 8% Senior Notes, collectively.