Majority of Holders

Example Definitions of "Majority of Holders"
Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities and issued upon conversion of the Notes shall be deemed to hold an aggregate principal amount of Notes (in addition to the principal amount of Notes held by such holder) equal to the quotient of (x) the number of such shares of Common Stock held by such holder and (y) the conversion... rate in effect at the time of such conversion as determined in accordance with the Indenture. View More
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Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities and were issued upon conversion of the Notes shall be deemed to hold an aggregate principal amount of Notes (in addition to the aggregate principal amount of Notes held by such holder) equal to the quotient aggregate principal amount of (x) the number of Notes converted by such... Holder into such shares of Common Stock held by such holder and (y) the conversion rate in effect at the time of such conversion as determined in accordance with the Indenture. Stock. View More
Majority of Holders. Means Holders holding over 50% of the aggregate principal amount of Notes Debentures outstanding; provided that, for the purpose of this definition, a holder Holder of shares of Common Stock which that constitute Transfer Restricted Securities and issued upon conversion of the Notes shall be deemed to hold an aggregate principal amount of Notes Debentures (in addition to the principal amount of Notes Debentures held by such holder) Holder) equal to the product of (A) the quotient of (x) the... number of such shares of Common Stock held by such holder Holder and (y) the conversion rate (as expressed in the number of shares of Common Stock issuable per $1,000 principal amount of Debentures) in effect at the time of the conversion of Debentures into such conversion shares of Common Stock as determined in accordance with the Indenture. Indenture and (B) $1,000. View More
Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes Debentures outstanding; provided that, for the purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities and issued upon conversion of the Notes Debentures shall be deemed to hold an aggregate principal amount of Notes the Debentures (in addition to the principal amount of Notes the Debentures held by such holder) equal to the quotient of (x) the number of such shares of... Common Stock held by such holder and (y) the conversion rate in effect at the time of such conversion as determined in accordance with the Indenture. View More
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Majority of Holders. Registered Holders of a number of shares of the then outstanding Common Stock constituting Transfer Restricted Securities and an aggregate principal amount of then outstanding Notes constituting Transfer Restricted Securities, such that the sum of such shares of Common Stock and the shares of Common Stock issuable upon conversion of such Notes constitute in excess of 50% of the sum of all of the then outstanding shares of Common Stock constituting Transfer Restricted Securities and the number... of shares of Common Stock issuable upon conversion of then outstanding Notes constituting Transfer Restricted Securities, in each case assuming that the Notes are then convertible and that no cash is paid upon a conversion of Notes. For purposes of the immediately preceding sentence, (i) any Holder may elect to make any request, notice, demand, objection or other action hereunder with respect to all or any portion of Transfer Restricted Securities held by it and only the portion as to which such action is taken shall be included in the numerator of the fraction described in the preceding sentence and (ii) Transfer Restricted Securities owned, directly or indirectly, by the Issuer or its Affiliates shall be deemed not to be outstanding. View More
Majority of Holders. Registered Holders of a number of shares of the then outstanding Common Stock constituting Transfer Restricted Securities and an aggregate principal amount of then outstanding Notes constituting Transfer Restricted Securities, such that the sum of such shares of Common Stock and the shares of Common Stock issuable upon conversion of such Notes constitute in excess of 50% of the sum of all of the then outstanding shares of Common Stock constituting Transfer Restricted Securities and the number... of shares of Common Stock issuable upon conversion of then outstanding Notes constituting Transfer Restricted Securities, in each case assuming that the Notes are then convertible and that no cash is paid upon a conversion of Notes. For purposes of the immediately preceding sentence, (i) any Holder may elect to make any request, notice, demand, objection or other action hereunder with respect to all or any portion of Transfer Restricted Securities held by it and only the portion as to which such action is taken shall be included in the numerator of the fraction described in the preceding sentence and (ii) Transfer Restricted Securities owned, directly or indirectly, by the Issuer or its Affiliates shall be deemed not to be outstanding. View More
Majority of Holders. Registered Holders of a number of shares of the then outstanding Common Stock constituting Transfer Restricted Securities and an aggregate principal amount of then outstanding Notes Debentures constituting Transfer Restricted Securities, such that the sum of such shares of Common Stock and the shares of Common Stock issuable upon conversion of such Notes Debentures constitute in excess of 50% of the sum of all of the then outstanding shares of Common Stock constituting Transfer Restricted... Securities and the number of shares of Common Stock issuable upon conversion of then outstanding Notes Debentures constituting Transfer Restricted Securities, in each case assuming that the Notes Debentures are then convertible and that no cash is paid upon a conversion of Notes. Debentures. For purposes of the immediately preceding sentence, (i) any Holder may elect to make any request, notice, demand, objection or other action hereunder with respect to all or any portion of Transfer Restricted Securities held by it and only the portion as to which such action is taken shall be included in the numerator of the fraction described in the preceding sentence and (ii) Transfer Restricted Securities owned, directly or indirectly, by the Issuer or its Affiliates shall be deemed not to be outstanding. View More
Majority of Holders. Registered Holders of a number of shares of the then outstanding Common Stock constituting Transfer Restricted Securities and an aggregate principal amount of then outstanding Notes Debentures constituting Transfer Restricted Securities, such that the sum of such shares of Common Stock and the shares of Common Stock issuable upon conversion of such Notes Debentures constitute in excess of 50% of the sum of all of the then outstanding shares of Common Stock constituting Transfer Restricted... Securities and the number of shares of Common Stock issuable upon conversion of then outstanding Notes Debentures constituting Transfer Restricted Securities, in each case assuming that the Notes Debentures are then convertible and that no cash is paid upon a conversion of Notes. Debentures. For purposes of the immediately preceding sentence, (i) any Holder may elect to make any request, notice, demand, objection or other action hereunder with respect to all or any portion of Transfer Restricted Securities held by it and only the portion as to which such action is taken shall be included in the numerator of the fraction described in the preceding sentence and (ii) Transfer Restricted Securities owned, directly or indirectly, by the Issuer or its Affiliates shall be deemed not to be outstanding. View More
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Majority of Holders. Holders holding over fifty percent (50%) of the aggregate principal amount of Registrable Securities outstanding.
Majority of Holders. Holders holding over fifty percent (50%) of the aggregate principal amount of Registrable Securities outstanding. outstanding
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Majority of Holders. Holders holding more than 50% of the aggregate principal amount at maturity of Notes outstanding; provided that, for purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities when issued upon conversion of the Notes shall be deemed to hold an aggregate principal amount at maturity of Notes (in addition to the principal amount at maturity of Notes held by such holder) equal to $1,000 times the quotient of (x) the number of such shares of... Common Stock received upon conversion of the Notes and then held by such holder and (y) the prevailing conversion rate, such prevailing conversion rate as determined in accordance with the Indenture. View More
Majority of Holders. Holders holding more than 50% of the aggregate principal amount at maturity of Notes outstanding; provided that, provided, that for purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities when issued upon conversion of the Notes shall be deemed to hold an aggregate principal amount at maturity of Notes (in addition to the principal amount at maturity of Notes held by such holder) equal to $1,000 times the quotient of (x) the number of such... shares of Common Stock received upon conversion of the Notes and then held by such holder and multiplied by (y) the prevailing conversion rate, Conversion Price, such prevailing conversion rate Conversion Price as defined in and determined in accordance with the Indenture. View More
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Majority of Holders. Holders holding over 50% of the Transfer Restricted Securities outstanding.
Majority of Holders. Means, with respect to the Series 2009-1 Notes, one of the following: (A) if there are two or fewer Series 2009-1 Noteholders, Series 2009-1 Noteholders representing one hundred percent (100%) of the then Aggregate Series 2009-1 Principal Balance; (B) if there are at least three Series 2009-1 Noteholders but not more than five Series 2009-1 Noteholders, Series 2009-1 Noteholders representing in aggregate more than sixty-six and two-thirds percent (66 2/3%) of the then Aggregate Series 2009-1... Principal Balance; or (C) at all times not covered by clause (A) or clause (B), one or more Series 2009-1 Noteholders representing in aggregate more than fifty percent (50%) of the then Aggregate Series 2009-1 Principal Balance. View More
Majority of Holders. Holders holding over 50% of the aggregate principal amount of Registrable Securities outstanding.
Majority of Holders. Holders holding over 50% of the aggregate Applicable Amount of Registrable Securities outstanding.
Majority of Holders. Holders holding over 50% of the aggregate principal amount at maturity of Convertible Notes outstanding; provided that, for purposes of this definition, (i) a Holder of shares of Common Stock that constitute Registrable Securities which were issued upon conversion of Convertible Notes shall be deemed to hold an aggregate principal amount at maturity of Convertible Notes (in addition to the principal amount at maturity of any Convertible Notes held by such Holder) equal to the principal amount... at maturity of Convertible Notes which were converted into such shares of Common Stock and (ii) such Convertible Notes which were converted into such shares of Common Stock shall be deemed to be outstanding. View More
Majority of Holders. Holders holding over 50% of the aggregate principal amount of Registrable Securities outstanding; provided, that, for purpose of this definition, a Holder of shares of Common Stock that constitute Registrable Securities shall be deemed to hold an aggregate principal amount of Securities (in addition to the principal amount of Securities held by such Holder, if any) equal to the product of (x) the number of such shares of Common Stock that constitute Registrable Securities held by such Holder... and (y) the Conversion Price in effect at the time of such calculation as determined in accordance with the Indenture. View More
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