Examples of Applicable Holder in a sentence
The Company shall use its commercially reasonable efforts to cause all Shares specified in the Piggyback Notice to be registered under the Securities Act so as to permit the sale or other disposition (in accordance with the intended methods thereof as aforesaid) by such Applicable Holder of the shares so registered, subject, however, to the limitations set forth in Section 7.2 hereof.
All dividends payable in cash with respect to the Stock Consideration while the Stock Consideration is held in escrow shall be paid to the Applicable Holder.
In the event such Applicable Holder does not timely deliver the Notice, then any Key Holder may send the Notice on behalf of the Applicable Holder which will be deemed delivered when sent by any such Key Holder and which will still constitute a Notice for purposes hereof.
Each Applicable Holder may elect to purchase the securities so offered by giving written notice thereof to the Company within such 15-day period, including in such written notice the maximum number of shares of capital stock or other securities of the Company that the Applicable Holder wishes to purchase, including the number of such shares it would purchase if one or more other Applicable Holders do not elect to purchase their respective Pro Rata Allotments.
Notwithstanding the foregoing, upon any Controlled Account Release, but solely with respect to such portion of the Restricted Principal hereunder subject to such Controlled Account Release, the Applicable Holder hereby agrees that it shall be deemed to automatically release any lien created by this Section 14(q)(iv)(3) on such Controlled Account Release Amount.