Examples of Participating Sponsor Investors in a sentence
The Company will not include in any Demand Registration any securities which are not Registrable Securities without the prior written consent of the Majority Participating Sponsor Investors.
If any Piggyback Registration is an underwritten offering, then the selection of investment banker(s) and manager(s) for the offering must be approved by the Majority Participating Sponsor Investors, which approval shall not be unreasonably withheld, conditioned, or delayed.
In connection with any underwritten Public Offering, each Holder and each director and officer of the Company will enter into any lock-up, holdback or similar agreements (each a “Lock-up Agreement”) requested by the underwriter(s) managing such offering, in each case with such modifications and exceptions as may be approved by the Majority Participating Sponsor Investors (or, if none, the Sponsor Investors).
The Majority Participating Sponsor Investors shall have the right to select the investment banker(s) and manager(s) to administer any underwritten offering in connection with any Demand Registration or Shelf Offering.
Demand Registrations will be Short-Form Registrations whenever the Company is permitted to use any applicable short form unless otherwise requested by the Majority Participating Sponsor Investors.
All Long-Form Registrations will be underwritten registrations unless otherwise approved by the Majority Participating Sponsor Investors.
If any Piggyback Registration is an underwritten offering, the Participating Sponsor Investors shall collectively (by-majority-in-interest of Participating Sponsor Investors) select the legal counsel for the Company, the investment banker(s) and manager(s) for the offering.
The Participating Sponsor Investors shall collectively (by-majority-in-interest of Participating Sponsor Investors) select the legal counsel to the Company, the investment banker(s) and manager(s) to administer any underwritten offering in connection with such Demand Registration or Shelf Offering.