Ordinary Holder definition

Ordinary Holder means each holder of Ordinary Shares from time to time as recorded in the Company’s register of members; provided, however, that no Preferred Holder shall be deemed an Ordinary Holder due to such Preferred Holder’s ownership of any Ordinary Share.

Ordinary Holder has the meaning set forth in the Preamble to this Agreement.

Ordinary Holder means the Founder and the Founder Holding Company, and any Permitted Transferee (as defined in Section 6.6) of the foregoing; “Preferred Holder” means an Investor for so long as it holds any Preferred Shares or Conversion Shares, or any of its transferees to whom rights under this Section 6 have been duly assigned in accordance with Section 10.1; and “Restricted Shares” means any Equity Securities or other securities in the Company now held or subsequently acquired by an Ordinary Holder.

Examples of Ordinary Holder in a sentence

• Notwithstanding anything in this Agreement to the contrary, without the prior written consent of each of the Founders, any Class A Ordinary Holder shall not transfer any of the Company’s securities now held by it to any person.

• Subject to Section 4.7 of this Agreement, if any Ordinary Holder (the “Selling Shareholder”) receives a bona fide third party offer to acquire any Restricted Shares held by it (the “Offered Shares”), then the Selling Shareholder shall promptly give written notice (the “Transfer Notice”) to the Company, each other Ordinary Holder and each Preferred Holder prior to the sale or transfer of such Offered Shares.

• The Right of Co-Sale shall not apply to a permitted transfer pursuant to Section 2.2 (b) or a pledge of shares by any Selling Ordinary Holder that creates a mere security interest, provided the pledgee agrees to be bound by the terms of this Agreement.

• Subject to Section 4.7 of the Shareholders Agreement, if any Ordinary Holder (the “Selling Shareholder”) receives a bona fide third party offer to acquire any Restricted Shares held by it (the “Offered Shares”), then the Selling Shareholder shall promptly give written notice (the “Transfer Notice”) to the Company, each other Ordinary Holder and each Preferred Holder prior to the sale or transfer of such Offered Shares.

• Upon the failure of any Ordinary Holder to vote the Equity Securities of the Company held thereby, to implement the provisions of and to achieve the purposes of this Agreement, such Ordinary Holder hereby grants to a Person designated by the Company a proxy in all Equity Securities of the Company held by it/him to vote all such Equity Securities to implement the provisions of and to achieve the purposes of this Agreement.

More Definitions of Ordinary Holder

Ordinary Holder means each holder of Class A Ordinary Shares and/or Class B Ordinary Shares from time to time; provided, however, that no Preferred Holder shall be deemed an Ordinary Holder due to such Preferred Holder’s ownership of any Ordinary Share.

Ordinary Holder means each person who is registered as the holder of an Ordinary Share in the capital of the Company;

Ordinary Holder means a holder of Ordinary Shares (excluding the Ordinary Shares converted from the Preferred Shares) of the Company.

Ordinary Holder means, in relation to an Ordinary Share, the Securities Holder thereof;

Ordinary Holder means a holder of the Company’s outstanding Ordinary Shares and its permitted assignees to whom their rights Under this Section 4 have been duly assigned in accordance with this Agreement; provided that Ordinary Shares issued upon conversion of any Preferred Shares shall not be considered Ordinary Shares for the purposes of this Section 4 with respect to Ordinary Shares; “Preferred Holder” means each of the Preferred Shareholders and its permitted assignees to whom its rights under this Section 4 have been duly assigned in accordance with this Agreement; “Restricted Shares” means any of the Company’s securities now owned or subsequently acquired by an Ordinary Holder;

Ordinary Holder means, a holder of any Class A Ordinary Shares and/or Class B Ordinary Shares.

Ordinary Holder has the meaning set forth in Section 4.1 hereof.