Underwriting Majority

Example Definitions of "Underwriting Majority"
Underwriting Majority. On any date, Holders holding at least 66 2/3% of the aggregate principal amount of the Registrable Securities outstanding on such date; provided, that for the purpose of this definition, a holder of shares of Common Stock that constitute Registrable Securities and issued upon conversion of Notes shall be deemed to hold an aggregate principal amount of Registrable Securities (in addition to the principal amount of Notes held by such holder) equal to (x) the number of such shares of Common Stock... that are Registrable Securities held by such holder multiplied by (y) the then applicable Conversion Price (as defined in the Indenture). View More
Underwriting Majority. On any date, Holders holding at least 50% of the aggregate principal amount of the Registrable Securities outstanding on such date; provided, that for the purpose 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
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