Majority of Holders Definition Example with 11 Variations

This page contains an example definition of Majority of Holders, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
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

Variations

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
Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes Debentures outstanding; provided provided, however, 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 Debentures shall be deemed to hold an aggregate principal amount of Notes Debentures (in addition to the aggregate principal amount of Notes Debentures held by such holder) equal to the quotient aggregate... principal amount of (x) the number of Debentures 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. 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 principal amount of Notes held by such holder) equal to the quotient product 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. Applicable Conversion Price. 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 of shares of Common Stock which constitute Transfer Restricted Securities and issued upon conversion conversion, repurchase or redemption of the Notes Debentures shall be deemed to hold an aggregate principal amount at maturity of Notes Debentures (in addition to the principal amount at maturity of Notes 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 conversion, repurchase or redemption as determined in accordance with the Indenture. View More
Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose of this definition, Agreement, 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 the Notes (in addition to the principal amount of the 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 their issuance upon conversion of the Notes as determined in accordance with the Indenture. View More
Majority of Holders. Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose purposes of this definition, a holder Holder of shares of Common Stock which that constitute Transfer Restricted Registrable Securities and that were 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) Holder) equal to the quotient product of (x) the number of such shares... of Common Stock held by such holder Holder and (y) the prevailing conversion rate in effect price at the time of such conversion, such prevailing conversion price as determined in accordance with the Indenture. View More
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 conversion, redemption or repurchase 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 conversion, redemption or repurchase as determined in accordance with the Indenture. Indenture; provided further, however, that Notes or shares of Common Stock which have been sold or otherwise transferred pursuant to the Shelf Registration Statement or pursuant to Rule 144 shall not be included in the calculation of Majority of Holders. View More
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 conversion, redemption or repurchase 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 conversion, redemption or repurchase as determined in accordance with the Indenture. View More
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