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.

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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.

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

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 Selling Ordinary Holder shall give a written notice (the “Transfer Notice”) to the Company, and contemporaneously to the Investors at each such Investor’s address as shown on the Company’s register of members, describing fully the proposed transfer, including the number of Sale Shares, the proposed transfer price, and the name and address of the proposed transferee (the “Proposed Transferee”).

• 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.

• Within 20 business days after receipt of the Transfer Notice, each Investor will have a right to sell such number of Shares equal to its pro rata share of the Sale Shares (the “Co-Sale Pro Rata Share”) on the same terms as the Selling Ordinary Holder.

More Definitions of Ordinary Holder

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

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 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 has the meaning set forth in Section 4.1 hereof.

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

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