Majority Warrant Holders

Majority Warrant Holders. Shall mean the holders (the "HOLDERS") of warrants issued in connection with the Purchase Agreement (the "WARRANTS") representing the right to acquire more than fifty percent (50%) of the Series B Preferred Stock underlying all of the then-outstanding Warrants.

Majority Warrant Holders. , with respect to a given determination, means the Holders of Warrants exercisable for more than fifty percent (50%) of the aggregate number of shares of Warrant Stock issuable upon the exercise of all Warrants outstanding and unexercised at the time of such determination.