Indigo Investors definition
Examples of Indigo Investors in a sentence
The modification provided for in Section 1 of this Amendment shall be conditioned upon, with respect to the first Demand Registration, the holders of Registrable Securities participating in such Demand Registration reimbursing (or causing the underwriters underwriting such Demand Registration to reimburse) the Company for up to $500,000 of Registration Expenses, less any otherwise unreimbursed expenses incurred by the Oaktree Investors or the Indigo Investors, but in any event not to be less than $250,000.
For purposes of calculating the number of directors that the Indigo Investors and POF Investors are entitled to designate pursuant to the immediately preceding sentence, any fractional amounts shall automatically be rounded to the nearest whole number (e.g., 1.25 directors shall equate to one director and 1.75 shall equate to two directors) and any such calculations shall be made on a pro forma basis, including, for the avoidance of doubt, taking into account any increase in the size of the Board.
Pursuant to Section 8A(vi) of the Investor Rights Agreement, the Indigo Investors request and consent to the redesignation of ▇▇.
Procare shall issue for the Stock exchanged hereunder a total of 176,457,126 shares of the common stock of Procare (see attached Schedule for share distribution to Indigo Investors).