Examples of Required Investor Holders in a sentence
Except as provided in this Agreement, the Company will not grant to any holder or prospective holder of any securities of the Company registration rights with respect to such securities that are the same as or more favorable from the perspective of such Person as or than, the registration rights granted hereunder without the prior written consent of the Required Investor Holders, unless such rights are also offered to the Required Investor Holders.
At any time following the date hereof, the Required Investor Holders, may request in writing that the Company effect the registration (a "Demand Registration") of all or any part of the Registrable Securities held by such Required Investor Holders, specifying the intended method of disposition thereof (a "Registration Request") by filing with the Commission a Demand Registration Statement.
Notwithstanding anything in this Section 1(a) to the contrary, the Company will not be required to effect a registration pursuant to this Section 1(a) unless the aggregate gross proceeds resulting from such Demand Registration could reasonably be expected to equal or exceed the lesser of (x) $15,000,000 or (y) all of the Registrable Securities then held by the Required Investor Holders.