Initiating Demand Holders definition

Initiating Demand Holders has the meaning specified in Section 3(a).

Initiating Demand Holders shall have the meaning set forth in SECTION 2.1(a).

Initiating Demand Holders means, with respect to any Demand Registration, the Required Demand Holders who initiated the Demand for such Demand Registration.

Examples of Initiating Demand Holders in a sentence

• Subject to SECTION 2.4, the Company shall use its reasonable best efforts (within ten (10) Business Days of the notice provided for above) to cause the IM Underwriter to permit the Non-Initiating Holders to participate in the Incidental Registration to include their Registrable Securities in such offering on the same terms and conditions as the Registrable Securities being sold for the account of the Initiating Demand Holders.

• If the Demand Registration is in the form of an underwritten offering, the right of each Non-Initiating Holder to have Registrable Securities included in such Demand Registration pursuant to this SECTION 2.2(a) shall be conditioned upon each Non-Initiating Holder entering into (together with the Initiating Demand Holders) an underwriting agreement in customary form with the IM Underwriter on the same terms as the Initiating Demand Holders.