Examples of Initiating Investors in a sentence
So long as the Initiating Investors hold at least 25% of the Registrable Securities issued to the Investors on the date of this Agreement, the Company shall have the right to include in any Registration Statement initiated by an Investor pursuant to this Section 1, for sale in accordance with the method of disposition specified by the requesting Investors, Common Stock to be sold by the Company for its own account.
If a person who has requested inclusion in such registration as provided above does not agree to the terms of any such underwriting, such person shall be excluded therefrom by written notice from the Company, the underwriter or the Initiating Investors.
The underwriter will be selected by the Company and shall be reasonably acceptable to a majority in interest of the Initiating Investors.
In the event such Demand Registration is underwritten, the right of any other Investor to participate in such Demand Registration shall be conditioned on such Investor's participation in such underwriting on the same terms as the Initiating Investors.
In such event, the right of any Investor to include his Demand Securities and, if applicable, Holdover Securities in such registration shall be conditioned upon such Investor's participation in such Underwritten Offering and the inclusion of such Investor's Demand Securities in the Underwritten Offering (unless otherwise mutually agreed by a majority in interest of the Initiating Investors and such Investor) to the extent provided herein.