Principal Investor Minimum definition

Principal Investor Minimum means, with respect to a Principal Investor, at least 50% of the shares of Common Stock held by such Principal Investor as of the closing of the transactions contemplated by the Underwriting Agreement and the Put/Call Agreement, or, if neither such closing occurs prior to June 30, 2013, the Closing (as adjusted for any stock dividend or distribution, stock split, reverse stock split, recapitalization, reclassification, reorganization, stock exchange, subdivision, combination thereof or similar transaction).
Principal Investor Minimum means, with respect to a Principal Investor, at least 50% of the shares of Common Stock held by such Principal Investor as of the closing of the transactions contemplated by the Underwriting Agreement and the Put/Call Agreement, or, if neither such closing occurs prior to