Initiating Holder. The term "Initiating Holder" means any ----------------- Holder or Holders who in the aggregate hold not less than forty percent (40%) of the outstanding Registrable Securities.
Appears in 2 contracts
Samples: Investors' Rights Agreement (Tier Technologies Inc), Investors' Rights Agreement (Tier Technologies Inc)
Initiating Holder. The term "Initiating Holder" means shall mean any ----------------- Holder or Holders who in the aggregate hold are Holders of not less than forty percent (40%) 66-2/3% of the then outstanding Registrable SecuritiesSecurities which have not been sold to the public.
Appears in 2 contracts
Samples: Rights Agreement (Commerx Inc), Rights Agreement (Commerx Inc)
Initiating Holder. The term "βInitiating Holder" means β shall mean any ----------------- Holder or Holders who in the aggregate hold are Holders of not less than forty percent (40%) 50% of the then outstanding Registrable SecuritiesSecurities which have not been sold to the public.
Appears in 1 contract
Samples: Investor Rights Agreement (Xtera Communications, Inc.)
Initiating Holder. The term "Initiating Holder" means shall mean any ----------------- Holder or Holders who in the aggregate hold are Holders of not less than forty percent (40%) % of the then outstanding Registrable SecuritiesSecurities which have not been sold to the public.
Appears in 1 contract
Samples: Rights Agreement (Commerx Inc)
Initiating Holder. The term "Initiating Holder" means shall mean any ----------------- Holder or Holders who in the aggregate hold not less are Holders of more than forty percent (40%) % of the then outstanding Registrable SecuritiesRegisterable Securities which have not been sold to the public.
Appears in 1 contract
