Number of Stockholders. As long as an SBIC Holder holds in excess of 5% of the outstanding shares of Common Stock on a fully-diluted basis, the Company shall notify each SBIC Holder (i) at least 15 days prior to taking any action after which members of the Company's management would cease to own at least 25% of the outstanding voting securities of the Company and (ii) of any other action or occurrence after which members of the Company's management would cease to own at least 25% of the outstanding voting securities of the Company, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
Number of Stockholders. The Company will notify each SBIC Holder from time to time when the number of its stockholders decreases below fifty (50), and if thereafter, the number of its stockholders increases to above fifty (50).
Number of Stockholders. As long as 399 Venture holds any of the Stockholder Shares, the Company shall notify 399 Venture (i) at least 15 days prior to taking any action after which the number of record holders of the Company's voting stock would be increased to 50 or more, and (ii) of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
Number of Stockholders. As long as CVC holds any Stock, the Company shall notify CVC (a) at least 15 days prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and (b) of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
Number of Stockholders. As long as the SBIC Purchaser holds any Class A Redeemable Preferred Stock of the Company or any Shares, the Company shall notify the SBIC Purchaser (i) at least 15 days prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and (ii) of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
Number of Stockholders. As long as the SBIC Holder holds any shares of Common Stock, the Corporation shall notify the SBIC Holder (a) least 15 days prior to taking any action after which the number of record holders of the Corporation's voting stock would be increased from fewer than 50 to 50 or more, and (b) of any other action or occurrence after which the number of record holders of the Corporation's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Corporation becomes aware that such other action or occurrence has occurred or is proposed to occur.
Number of Stockholders. As long as RFE Investment Partners hold any securities purchased hereunder or issued by the Company with respect thereto, the Company shall notify RFE Investment Partners (a) at least 15 days prior to taking any action after which the number of record holders of the Company’s voting stock would be increased from fewer than 50 to 50 or more, and (b) of any other action or occurrence after which the number of record holders of the Company’s voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
Number of Stockholders. The Seller has fewer than 275 holders of its common equity securities that would receive the Distribution, if it occurs.
Number of Stockholders. At any time prior to the initial Public Offering or prior to the Corporation otherwise becoming subject to the periodic reporting obligations of the Exchange Act, the Corporation may refuse to register any transfer of shares of Common Stock if, as a result of such transfer, any class or series of Common Stock would be held of record by more than 1,950 holders or more than 450 “accredited investors” (as such term is defined in Rule 501(a) promulgated under the Securities Act). If the Corporation becomes aware that any class or series of Common Stock becomes held of record by more than 1,900 holders or more than 400 “accredited investors” (as such term is defined in Rule 501(a) promulgated under the Securities Act), the Corporation will notify all Stockholders of such fact.
Number of Stockholders. 33 9.8 Compliance With Non-Discrimination Requirements...................33
