Selling Security Holder definition

Selling Security Holder shall have the meaning given in Section 2.5.4.

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Selling Security Holder means a control block holder on whose behalf a distribution is being made;

Selling Security Holder has the meaning specified in Section 18.1 of this Agreement.

Examples of Selling Security Holder in a sentence

• The Selling Security Holder hereby acknowledges its obligations under the Registration Rights Agreement to indemnify and hold harmless certain persons set forth therein.

• The provisions of this Section shall not supersede or otherwise affect any agreement that the Company and the Selling Security Holder may otherwise have for the allocation of such expenses between them.

• In such event, the Selling Security Holder, the Company and the Placement Agent shall not be under any obligation to each other (except to the extent provided in Sections 5 and 8 hereof).

• This Agreement has been and is made solely for the benefit of the Underwriters, the Company and the Selling Security Holder and their respective successors, executors, administrators, heirs and assigns, and the officers, directors and controlling persons referred to herein, and no other person will have any right or obligation hereunder.

• The relative benefits received by the Company and the Selling Security Holder on the one hand and the Underwriters on the other shall be deemed to be in the same proportion as the total net proceeds from the offering (before deducting expenses) received by the Selling Security Holder bear to the total underwriting discounts and commissions received by the Underwriters, in each case as set forth in the table on the cover page of the Prospectus.

More Definitions of Selling Security Holder

Selling Security Holder means any Insured that is a security holder of any Insured Organization or Portfolio Company.

Selling Security Holder means a holder of the securities of an issuer, provided the issuer satisfies the applicable eligibility criteria of part 4;

Selling Security Holder has the meaning set forth in Section 1.8.

Selling Security Holder has the meaning given such term in Section 3.2(a).

Selling Security Holder means a person who sells or disposes of securities which the person, directly or indirectly, owns or exercises control or direction over, but does not include a person acting as an underwriter;

Selling Security Holder means each Security Holder that is receiving any portion of its Merger Consideration in cash.

Selling Security Holder shall have the meaning given in Section 2.5.4. "Shares" shall mean Common Stock acquired by Purchaser through exercise of the Warrants. "Underwritten Public Offering" shall mean a public offering in which the Common Stock is offered and sold on a firm commitment basis through one or more underwriters, all pursuant to (i) an effective registration statement under the Securities Act and (ii) an underwriting agreement between the Company and such underwriters.