Requisite Preferred Holders
Requisite Preferred Holders. Means the holders of a majority of the shares of Common Stock (excluding any Mandatory Conversion Shares) issued or issuable upon conversion of the Preferred Stock (voting together as a single class and on an as-converted to Common Stock basis), including at least two of the Requisite Investors.
Requisite Preferred Holders. Means, as of the date of determination, Consenting Preferred Holders holding at least a majority in aggregate liquidation preference value or number of shares of the outstanding Preferred Stock held by the Consenting Preferred Holders as of such date.
All Definitions
Found in
HALCON RESOURCES CORP contract