Examples of Summit Investor in a sentence
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 holders of a majority of the Summit Investor Registrable Securities requested to be included in such Piggyback Registration, such approval not to be unreasonably withheld, conditioned or delayed.
If to any Summit Investor: Summit Aviation Holdings LLC 00 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxxxxxxx, XX 00000 Facsimile: (000) 000-0000 Attention: General Counsel and Summit Aviation Management Co., Ltd.
The provision is based on historical data associated with similar products.
In connection with any such lock-up, if any holder of Summit Investor Registrable Securities is released by the underwriters prior to the end of the applicable hold-back period, then each holder of Registrable Securities that is an Institutional Investor shall be released pro rata in the same proportion as the holders of Summit Investor Registrable Securities are released.
For so long as the Summit Investor holds a number of shares of Common Stock representing at least 20% of the number of shares of Common Stock held by the Summit Investor as of the Closing (after giving effect to any exercise by the underwriters of their option to purchase additional shares), the Summit Director shall be included in the slate of nominees recommended by the Board for election as directors at each applicable annual or special meeting of stockholders at which such director is to be elected.
The holders of a majority of the Summit Investor Registrable Securities may make such election by delivering to the Company a written notice (a “Shelf Offering Notice”) specifying the number of Shelf Registrable Securities that the holders desire to sell pursuant to such offering (the “Shelf Offering”).
In each case, the Company shall cause such Subsidiary to comply with such Subsidiary’s obligations under this Agreement as if it were the Company and upon request of the holders of a majority of the Summit Investor Registrable Securities shall deliver to the holders of Registrable Securities an instrument expressly assuming such obligations.
If any Demand Registration is an underwritten offering, then the holders of a majority of the Summit Investor Registrable Securities initially requesting such Demand Registration (and in the absence thereof, the Company) shall have the right to select the investment banker(s) and manager(s) to administer such offering, subject to the Company’s approval, which approval shall not be unreasonably withheld, conditioned or delayed.
If to the Summit Investor: Summit Aviation Partners LLC 00 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxxxxxxx, XX 00000 Facsimile: (000) 000-0000 Attention: General Counsel and Summit Aviation Management Co., Ltd.
No Summit Investor shall agree to any amendment, modification or waiver of any of the Transaction Documents that would treat Mainsail differently than any other Summit Investors.