Initiating Securityholder definition

Initiating Securityholder has the meaning specified in Section 5(a).

Examples of Initiating Securityholder in a sentence

  • The Initiating Securityholder shall provide written notice to the other Selling Securityholder setting forth the consideration to be paid by the purchaser for the securities and the material terms of the sale within ten (10) business days after such Initiating Securityholder exercises the Drag Along Rights pursuant to Section 7.1 ("Drag Along Notice").

  • Each Securityholder making a demand for registration under this Section 9.1 is referred to herein as an "Initiating Securityholder." For purposes of this Section 9, a registration shall not be deemed to have been effected unless a registration statement with regard thereto has been declared effective and remained effective for a period of one hundred and twenty (120) days (or such shorter period as is permitted in the second sentence of this Section 9.1).

  • If the Responding Securityholder fails to deliver a Response Election to the Initiating Securityholder on or before the last day of the Response Period, the Responding Securityholder shall be deemed to have irrevocably elected to sell all, but not less than all, of the Responding Securityholder's Company Shares to the Initiating Securityholder on the terms set forth above, and the provisions of SECTION 10.6 shall apply in all other respects.

  • If a Securityholder (the "INITIATING SECURITYHOLDER") wishes to initiate a Mandatory Purchase and Sale, the Initiating Securityholder shall furnish the other Securityholder (the "RESPONDING SECURITYHOLDER") with a written notice (the "INITIATING MANDATORY OFFER NOTICE") conforming to all of the requirements of this SECTION 10.6(b) (the date such Notice is given being the "INITIATING MANDATORY OFFER NOTICE DATE").

  • Notwithstanding the foregoing, if the Initiating Securityholder shall be an Initiating Demand Stockholder that has delivered a written request for registration pursuant to Section 3(a), the Company shall provide written notice of the proposed filing of such Registration Statement to all other Demand Stockholders and the Warrant Stockholders then eligible to registration rights pursuant to Section 3 in accordance with Section 3(a), rather than this Section 4(a).

  • The Initiating Securityholder shall provide written notice to the other Selling Securityholder setting forth the consideration to be paid by the purchaser for the securities and the material terms of the sale within ten (10) business days after such Initiating Securityholder exercises the Drag Along Rights pursuant to Section 7.1 ("DRAG ALONG NOTICE").

  • Each Securityholder making a demand for registration under this Section 9.1 is referred to herein as an "Initiating Securityholder." For purposes of this Section 9, a registration shall not be deemed to have been effected unless a registration statement with regard thereto has been declared effective and remained effective for a period of one hundred and twenty (120) days (or such shorter period as is permitted in the first sentence of this Section 9.1).

Related to Initiating Securityholder

  • Securityholder means the Person in whose name a Security is registered on the Registrar's books.

  • Company Securityholders means the Company Stockholders, Company Optionholders and Company Warrantholders, collectively.

  • Securityholder or Holder Any Noteholder or a Certificateholder.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Company Voting Securities means the combined voting power of all outstanding voting securities of the Company entitled to vote generally in the election of directors to the Board.

  • Majority Holder as used in Section 7.4 hereof 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 of Common Stock (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all the Registrable Securities.

  • Securityholders means the Noteholders and the Certificateholders.

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

  • Majority Holders means the Holders of a majority of the aggregate principal amount of Securities registered under a Registration Statement.

  • Controlling Securities means (i) the Class A Notes so long as the Class A Notes are outstanding, (ii) after the Class A Notes are no longer outstanding, the Class B Notes so long as the Class B Notes are outstanding and (iii) after the Class B Notes are no longer outstanding, the Class C Notes so long as the Class C Notes are outstanding.

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Voting Member means a Member holding one or more Voting Shares.

  • Majority Stockholder means, collectively or individually as the context requires, TPG Capital, L.P., Apollo Global Management, LLC and/or their respective affiliates.

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Qualifying Securities means securities issued by the Issuer that:

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Outstanding Voting Securities means the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors.

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • participating security means a security title to units of which is permitted by an operator to be transferred by means of a relevant system;

  • Non-Voting Member means a member of a Committee or Sub- Committee of the Council who is not a member of the Council and is not entitled to vote on any matter coming before that Committee or Sub- Committee;

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

  • Existing Securities means, collectively, the Equity Securities and the Debt Securities.