Major Investor definition

Major Investor means any Investor that, individually or together with such Investor’s Affiliates, holds at least 1,000,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).

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Major Investor means a holder of one or more Safes if (i) the aggregate Purchase Amounts of such Safes is equal to or greater than $25,000 and (ii) Wefunder, Inc. has veriﬁed that such holder is an accredited investor in accordance with Rule 506(c) of Regulation D under the Securities Act.

Major Investor means any Investor in a Crowd Note in which the Purchase Price is equal to or greater than $25,000.

Examples of Major Investor in a sentence

Subject to the terms and conditions of this Section 4.1 and applicable securities laws, if the Company proposes to offer or sell any New Securities, the Company shall first offer such New Securities to each Major Investor.
At the expiration of such 20 day period, the Company shall promptly notify each Major Investor that elects to purchase or acquire all the shares available to it (each, a “Fully Exercising Investor”) of any other Major Investor’s failure to do likewise.
Each Major Investor shall have 20 days from the date notice is given to elect to purchase up to the number of New Securities that would, if purchased by such Major Investor, maintain such Major Investor’s percentage ownership position, calculated as set forth in Section 4.1(b) before giving effect to the issuance of such New Securities.
If any Major Investor does not accept its pro rata entitlement, such unaccepted Additional Securities shall be deemed to have been offered to the Major Investors, as applicable, who indicated they would accept greater than their pro rata entitlement and each such Major Investor, as applicable, shall be entitled to acquire such unaccepted Additional Securities pro rata based upon the number of Stockholder Shares beneficially owned by all such Major Investors.
Each Major Investor shall have 20 days from the date notice is given to elect to purchase up to the number of New Securities that would, if purchased by such Major Investor, maintain such Major Investor’s percentage ownership position, calculated as set forth in Section 4.1(b) before giving effect to the issuance of such New Securities.

More Definitions of Major Investor

Major Investor means any Investor that, individually or together with such Investor’s Affiliates, holds at least [______] shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).

Major Investor means (i) any Preferred Holder that holds at least 10,000,000 shares of the Covered Securities (as defined below) (subject to adjustment for stock splits, stock dividends, combinations, reclassifications or the like), and (ii) any Common Holder that holds at least 250,000 shares of the Covered Securities (subject to adjustment for stock splits, stock dividends, combinations, reclassifications or the like). A Major Investor includes any general partners, managing members and affiliates of a Major Investor, including Affiliated Funds;

Major Investor means any Investor that, individually or together with such Investor’s Affiliates, holds at least $3.0 million of Registrable Securities (based on the aggregate original purchase price of such Registrable Securities); provided that ARNA shall also be deemed a Major Investor solely for the purposes of Section 4 and Section 6.6.

Major Investor means any Investor that, individually or together with such Investor’s Affiliates, holds at least two percent (2%) of the Preferred Shares then outstanding, or an equivalent amount of Ordinary Shares at the then-applicable conversion ratio.

Major Investor means any person who holds at least 1,000,000 shares of the Preferred Stock (or the Common Stock issued upon conversion thereof). For purposes of this Section 2.3, Major Investor includes any general partners and affiliates of a Major Investor. A Major Investor who chooses to exercise the right of first offer may designate as purchasers under such right itself or its partners or affiliates in such proportions as it deems appropriate. Each time the Company proposes to offer any shares of, or securities convertible into or exercisable for any shares of, any class of its capital stock ("Shares"), the Company shall first make an offering of such Shares to each Major Investor in accordance with the following provisions:

Major Investor means (a) any Investor that, individually or together with such Investor’s Affiliates, holds at least [5,000,000] shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof), (b) Fall Line, so long as it continues to own beneficially at least [2,500,000] shares of Registrable Securities, (c) Morningside, so long as it continues to own beneficially at least [2,500,000] shares of Registrable Securities, (d) Continental, so long as it continues to own beneficially at least [2,500,000] shares of Registrable Securities, and (e) S2G, so long as it continues to own beneficially at least [2,500,000] shares of Registrable Securities.

Major Investor means an Investor who holds (i) at least 739,334 shares (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) of Series A-2 Preferred Stock, Series A-1 Preferred Stock, or Series A Preferred Stock, (ii) at least 1,094,436 shares (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) of Series B-2 Preferred Stock, Series B-1 Preferred Stock, or Series B Preferred Stock, or (iii) at least 1,833,770 shares (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) of Preferred Stock total.