Underwriting Majority

Example Definitions of "Underwriting Majority"
Underwriting Majority. Means on any date, Holders holding at least 66 2/3% of the aggregate principal amount of the Securities outstanding on such date; provided, that for the purpose of this definition, a Holder of shares of Common Stock that constitute Registrable Securities when issued upon conversion of 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 are 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. 4 View More Arrow
Found in Willbros Group, Inc. contract
Underwriting Majority. Means on 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 holder of shares of Common Stock that constitute Registrable Securities when and issued upon conversion of Securities Notes shall be deemed to hold an aggregate principal amount of Registrable Securities (in addition to the principal amount of Securities Notes held by such Holder, if any) holder) equal to the product of (x) the number of such shares of Common Stock that are Registrable Securities held by such Holder and holder multiplied by (y) the then applicable Conversion Price (as defined in effect at the time of such calculation as determined in accordance with the Indenture. 4 Indenture). View More Arrow
Found in JAKKS PACIFIC INC contract
Underwriting Majority. Means Shall mean 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 holder of shares of Common Stock that constitute Registrable Securities when and issued upon conversion of Securities Notes shall be deemed to hold an aggregate principal amount of Registrable Securities (in addition to the principal amount of Securities Notes held by such Holder, if... any) holder) equal to the product of (x) the number of such shares of Common Stock that are Registrable Securities held by such Holder and holder multiplied by (y) the then applicable Conversion Price (as defined in effect at the time of such calculation as determined in accordance with the Indenture. 4 Indenture). View More Arrow
Found in NEW CENTURY TRS HOLDINGS INC contract
Underwriting Majority. Means on any date, Holders holding at least 66 2/3% of the aggregate principal amount of the Securities Notes outstanding on such date; provided, that for the purpose of this definition, a Holder of shares of Common Stock that constitute Registrable Securities when issued upon conversion of Securities Notes shall be deemed to hold an aggregate principal amount of Securities Notes (in addition to the principal amount of Securities Notes held by such Holder, if any) equal to the product of (x)... the number of such shares of Common Stock that are 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. 4 View More Arrow
Found in Willbros Group, Inc. contract
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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 Arrow
Found in Dick's Sporting Goods Inc contract
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