Demand Holder definition

Demand Holder has the meaning set forth in Section 3.02(a).

Demand Holder has the meaning set forth in Section 2.01(a).

Demand Holder has the meaning specified in Section 1(d).

Examples of Demand Holder in a sentence

• If such amount exceeds the Maximum Number of Securities, the number of Registrable Securities included in such Demand Registration shall be allocated among all the Participating Demand Holders on a pro rata basis (based on the number of Registrable Securities held by each Participating Demand Holder).

• If any of the Registrable Securities covered by a Demand Registration are to be sold in an underwritten offering, the Demand Holder will have the right to select the managing underwriter(s) to administer the offering subject to the approval of the Company, which approval will not be unreasonably withheld, conditioned or delayed.

• It is hereby acknowledged and agreed by the parties that any Registrable Securities included in a registration statement on behalf of an Incidental Demand Holder will not count as a Demand Registration for such Incidental Demand Holder.

• Subject to the provisions of this Article II, at any time and from time to time, each Demand Holder shall have the right to request in writing that the Company register the sale under the Securities Act of all or part of the Registrable Securities beneficially owned by such Demand Holder or its Affiliates (a “Demand Right”).

• For the avoidance of doubt, no Piggyback Registration shall count towards the number of Demand Registrations that a Demand Holder is entitled to make pursuant to Section 2.1 or Underwritten Shelf Take-Downs that an Investor Shelf Holder is entitled to make pursuant to Section 2.2.

More Definitions of Demand Holder

Demand Holder means, with respect to any Demand Holder Group, a Holder that is a member of such Demand Holder Group.

Demand Holder as defined in Section 1.1 of the Rights Agreement and the shares of Series B common stock held by the Investor shall be deemed to be "Demand Shares" and "Registrable Securities" as such terms are defined in the Rights Agreement. The Investor understands and agrees that (i) the Stock will be characterized as "restricted securities" under the federal securities laws inasmuch as it is being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable regulations such securities may be resold without registration under the Act only in certain limited circumstances, and (ii) each certificate representing the Stock and any other securities issued in respect of the Stock upon any stock split, stock dividend, recapitalization, merger or similar event (unless no longer required in the opinion of counsel for the Company) shall be stamped or otherwise imprinted with appropriate legends mandated by federal and state securities laws.

Demand Holder shall have the meaning given in Section 3.1. -------------

Demand Holder shall have the meaning set out in subsection 2.2(a);

Demand Holder has the meaning set forth in Section 5.02(a).

Demand Holder means a person who is then the record owner of Registrable Securities or Other Registrable Securities.

Demand Holder as used in this Section 7.4 shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute 50% or more of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all of the Registrable Securities, but in any event not less than 10,000 Shares.