Required Holders definition: Copy, customize, and use instantly
Introduction
The term "Required Holders" refers to the holders of a specific percentage or class of securities, interests, or rights that are necessary to take certain actions under an agreement or contract. These holders may be granted particular decision-making powers, such as voting rights or consent rights, depending on the context.
Below are various examples of how "Required Holders" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Required Holders" as a voting requirement
This definition ties "Required Holders" to a voting scenario.
"Required Holders" means the holders of at least [specified percentage]% of the outstanding securities or interests, whose approval is required to take certain actions, such as amending the terms of the agreement.
Definition of "Required Holders" as consent rights holders
This definition connects "Required Holders" to consent rights.
"Required Holders" refers to the holders of the required percentage of shares, units, or other interests whose consent is necessary to effectuate a change or decision under this agreement.
Definition of "Required Holders" as major decision-making parties
This definition links "Required Holders" to significant decision-making.
"Required Holders" means the holders of a specified amount of equity or securities whose approval is required to approve or reject major corporate decisions, such as mergers, acquisitions, or amendments.
Definition of "Required Holders" as approval rights holders
This definition applies "Required Holders" to the context of approvals.
"Required Holders" refers to the holders of a specific percentage of the securities, whose approval is required to authorize certain corporate actions or decisions outlined in this agreement.
Definition of "Required Holders" as voting power holders
This definition connects "Required Holders" to voting power.
"Required Holders" means the holders of a designated percentage of securities whose votes are necessary to approve a proposed action or decision in accordance with this agreement.
Definition of "Required Holders" as threshold holders
This definition ties "Required Holders" to a threshold percentage.
"Required Holders" refers to the holders of the securities or units required to meet a minimum threshold for the purpose of executing certain rights, decisions, or obligations under this agreement.
Definition of "Required Holders" as consent to amendments holders
This definition links "Required Holders" to the amendment process.
"Required Holders" means the holders of the minimum number of securities, whose consent is required to amend, modify, or alter the provisions of this agreement.
Definition of "Required Holders" as quorum members
This definition applies "Required Holders" to quorum requirements.
"Required Holders" refers to the holders of a sufficient number of securities necessary to meet the quorum required for voting, decision-making, or other actions under the terms of this agreement.
Definition of "Required Holders" as percentage holders
This definition ties "Required Holders" to a specific percentage.
"Required Holders" means the holders of [specified percentage]% of the outstanding securities, whose approval is required for certain actions under this agreement.
Definition of "Required Holders" as holders with veto power
This definition connects "Required Holders" to veto authority.
"Required Holders" refers to the holders of a specified percentage of securities, whose consent is needed to block or veto certain actions, such as mergers or other significant corporate events.
Definition of "Required Holders" as parties with consent rights
This definition links "Required Holders" to parties holding consent rights.
"Required Holders" means the parties or holders whose approval is required for key decisions, including amendments or approvals of material transactions.
Definition of "Required Holders" as beneficial interest holders
This definition ties "Required Holders" to beneficial interest rights.
"Required Holders" refers to the holders of a specified percentage of beneficial interests in a trust or other investment vehicle, whose consent or approval is required for certain actions or decisions.
Definition of "Required Holders" as class-specific holders
This definition connects "Required Holders" to specific classes of holders.
"Required Holders" refers to the holders of a specific class or category of securities, whose approval or consent is needed to carry out certain actions or to waive specific provisions of this agreement.
Definition of "Required Holders" as triggering percentage holders
This definition ties "Required Holders" to a triggering percentage.
"Required Holders" means the holders of a certain percentage of outstanding interests, whose approval is required to trigger a specific action or event as defined in this agreement.
Definition of "Required Holders" as enforcement action holders
This definition connects "Required Holders" to enforcement rights.
"Required Holders" refers to the holders of a sufficient number of interests, whose consent is required for the enforcement of specific clauses or obligations outlined in this agreement.
Definition of "Required Holders" as consent for material actions holders
This definition applies "Required Holders" to material actions.
"Required Holders" refers to the holders of a required number of securities or interests, whose consent is needed to approve material actions such as asset sales or major financial decisions.
Definition of "Required Holders" as interest-holding parties
This definition links "Required Holders" to parties holding specific interests.
"Required Holders" means the holders of a required portion of the interests in a company, partnership, or investment, whose approval is necessary for certain decisions or transactions.
Definition of "Required Holders" as non-defaulting holders
This definition ties "Required Holders" to non-defaulting status.
"Required Holders" refers to the holders of securities who are not in default and whose approval is required for certain actions to be taken under the terms of the agreement.
Definition of "Required Holders" as major shareholder holders
This definition connects "Required Holders" to major shareholders.
"Required Holders" means the holders of a specific percentage of shares or ownership interests, typically the major shareholders, whose approval is needed to approve certain strategic decisions.
Definition of "Required Holders" as joint venture decision-makers
This definition links "Required Holders" to joint venture decisions.
"Required Holders" refers to the parties in a joint venture who hold the required percentage of interests necessary to make major decisions or amendments to the joint venture agreement.
Definition of "Required Holders" as investor rights holders
This definition applies "Required Holders" to investor rights.
"Required Holders" refers to the investors or parties holding the necessary amount of shares or interests whose approval is needed for the amendment of investment terms or approval of new investor rights.
Definition of "Required Holders" as amendment approval holders
This definition ties "Required Holders" to approval of amendments.
"Required Holders" means the holders of a designated percentage of securities whose approval is required to amend or modify the terms and conditions of this agreement.
Definition of "Required Holders" as limited partner holders
This definition links "Required Holders" to limited partners.
"Required Holders" refers to the limited partners in a partnership who hold a sufficient portion of the partnership interests, whose approval is necessary for major partnership decisions.
Definition of "Required Holders" as class-holder approval rights
This definition connects "Required Holders" to class-specific approval.
"Required Holders" means the holders of a specified class or category of securities whose consent is needed to approve specific actions such as mergers, acquisitions, or amendments.
Definition of "Required Holders" as creditors with decision-making rights
This definition ties "Required Holders" to creditor rights.
"Required Holders" refers to the creditors who hold the necessary percentage of the debt instruments, whose consent is required to approve certain debt-related decisions under the agreement.
Definition of "Required Holders" as decision-makers in structured finance
This definition applies "Required Holders" to structured finance.
"Required Holders" refers to the holders of a required portion of securities or interests in a structured finance arrangement, whose approval is needed to make decisions about collateral management or restructuring.
Definition of "Required Holders" as investors with voting rights
This definition links "Required Holders" to voting rights.
"Required Holders" means the investors or holders who possess voting rights, and whose votes are necessary for the approval of key decisions or amendments under the terms of this agreement.
Definition of "Required Holders" as executive consent holders
This definition ties "Required Holders" to executive decisions.
"Required Holders" refers to the holders of a specified number of securities or interests whose consent is required to approve executive decisions, including the appointment of officers or directors.
Definition of "Required Holders" as participation rights holders
This definition connects "Required Holders" to participation rights.
"Required Holders" means the holders of the required percentage of shares or interests who must participate or give consent for the approval of specific actions, such as capital raising or asset sales.
Definition of "Required Holders" as real estate agreement participants
This definition links "Required Holders" to real estate transactions.
"Required Holders" refers to the holders of interests in a real estate investment or project whose approval is required to approve real estate transactions, such as property sales or acquisitions.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.