Majority-in-interest Definition Example

This example Majority-in-interest definition appears in 2 contracts from 1 company

Majority-in-interest. Means, at any time of determination, at least a majority in interest (based on then-outstanding principal amounts of Notes at the time of such determination) of the Secured Parties.
Saleen Automotive, Inc. Contracts

SECURITYAGREEMENT (Filed With SEC on July 14, 2015)

SECURITY AGREEMENT (Filed With SEC on June 27, 2013)

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