Triggering Holder definition

Triggering Holder is defined in Section 2.1.1.
Triggering Holder shall have the meaning ascribed to in Section 5.1(c).
Triggering Holder has the meaning set forth in Section 4.2(a).

Examples of Triggering Holder in a sentence

  • In the event each of the Major Stockholders other than the Triggering Holder accept such offer and the maximum amount of Securities specified in the notices delivered by the Major Stockholders exceed, in the aggregate, the amount of the Triggering Holder’s Securities, such Securities shall be apportioned among such Major Stockholders in proportion to the number of Securities held by such Offerees.

  • Notwithstanding anything herein to the contrary, if any Demand Registration Triggering Holder is ultimately unable, due to the application of Section 3.2.3, to offer at least 75% of the Registrable Securities included in the Demand Registration Triggering Holder’s written demand for an offering, such offering shall not count toward the number of Demand Registrations which the Company is obligated to effect pursuant to the previous sentence.

  • The Section 5.1 Notice shall constitute an irrevocable offer by the Triggering Holder to sell to such other Major Stockholders its Securities at the Section 5.1 Price on the terms set forth in the Section 5.1 Notice.

  • Promptly upon the receipt by the Company of a Put Notice, the Company shall deliver a notice to each other Preferred Shareholder or Warrant Holder setting forth (1) that a Triggering Holder has exercised the Put on behalf of all Preferred Shareholders or Warrant Holders, as applicable, (2) the Put Closing Date and (3) to the extent determined, the Put Price.


More Definitions of Triggering Holder

Triggering Holder means (a) with respect to any exercise of the Put with respect to Warrants and Warrant Shares, the Majority Warrant Holder and (b) with respect to any exercise of the Put with respect to Preferred Shares, the Holders of a majority of the outstanding Preferred Shares.

Related to Triggering Holder

  • Qualifying Holder shall have the meaning ascribed thereto in Section 12 hereof.

  • Initiating Holder has the meaning set forth in Section 2.01(a).

  • Electing Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(a)(i) or 3(a)(ii) hereof.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Existing Holder means a Broker-Dealer, or any such other Person that may be permitted by the Trust, that is listed as the holder of record of APS in the Share Books.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Effective FTR Holder means:

  • Controlling Holder means, as of any date of determination:

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Selling Holder means a Holder who is selling Registrable Securities pursuant to a Registration Statement.

  • Initial Holder has the meaning set forth in the preamble.

  • Series A Holder means a Record Holder of the Series A Preferred Units.

  • Designated Holder means the Holder of Note A-1.

  • Ineligible Holder is defined in Section 4.8(c).

  • Shelf Holder means any Holder that owns Registrable Securities that have been registered on a Shelf Registration Statement.

  • Demanding Holder shall have the meaning given in subsection 2.1.1.

  • Requesting Holder shall have the meaning given in subsection 2.1.1.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Major Holder means with respect to any registration the Holder that, together with its Affiliates, includes the largest number of Registrable Securities in such registration.

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

  • Participating Investor any Participating Account, Participating Insurance Company or Participating Plan, including the Account and the Company.