Examples of Significant Holders in a sentence
FlashFunders shall have ten (10) calendar days after the date the FlashFunders Notice is delivered to FlashFunders (the “FlashFunders Exercise Period”) to elect to purchase all or any portion of the New Securities for which the Significant Holders were entitled to subscribe but that were not subscribed for by the Significant Holders.
Each Significant Holder shall have a right of over-allotment such that if any Significant Holder fails to exercise its right hereunder to purchase its pro rata share of New Securities, the other Significant Holders may purchase the non-purchasing Significant Holder’s portion on a pro rata basis.
Any New Securities offered or sold by the Company after such one hundred twenty (120) period must be reoffered to the Significant Holders and FlashFunders pursuant to this Section 2.
Xxxxxx Securities shall have ten (10) calendar days after the date the Xxxxxx Securities Notice is delivered to Xxxxxx Securities (the “Xxxxxx Securities Exercise Period”) to elect to purchase all or any portion of the New Securities for which the Significant Holders were entitled to subscribe but that were not subscribed for by the Significant Holders.
Each Significant Holder shall have a right of over-allotment such that if any Significant Holder fails to exercise its right hereunder to purchase its pro rata share of New Securities, the other Significant Holders may purchase the non-purchasing Significant Holder's portion on a pro rata basis within ten (10) days from the date such non-purchasing Significant Holder fails to exercise its right hereunder to purchase its pro rata share of New Securities.