Examples of Avista Investors in a sentence
The Company may assign all or a portion of the Call Right to the Avista Investors or Fidelity Investors on a pro rata basis (based on their respective ownership on an as-converted basis of Shares).
If the Call Right is assigned, the Avista Investors and Fidelity Investors shall have the rights and benefits granted to the Company in this Section 3.5.
Notwithstanding the foregoing, following an Initial Public Offering and to the extent that the Avista Investors hold, in the aggregate, at least 10% of the outstanding Shares, the Company shall not amend, modify or waive the requirements of Section 3(c) hereof without the prior written consent of the Avista Investors.
The Avista Directors shall not be entitled to designate any Avista Directors in accordance with this Section 2.1 if at any time the Avista Investors beneficially own in the aggregate less than seven and one-half percent (7.5%) of all issued and outstanding shares of Common Stock.
By centralizing the otherwise sectoral debate around financing approaches into one overarching policy framework and setting incentives for greater collaboration, integrated strategies can promote coherence.
You acknowledge and agree that you have no rights relating to the Company’s stock other than those rights enumerated in this Section 6.
Within five (5) Business Days of any decrease in the number of directors that the Avista Investors are entitled to designate for election to the Board, the Avista Investors shall notify the Company of which Avista Director(s) will no longer be serving as Avista Director(s) and shall cause such Avista Director(s) to offer to tender a resignation letter to the Board.
If the Avista Investors fail to notify the Company which of the Avista Director(s) shall be removed, the Board shall be authorized to remove such Avista Director(s) with the shortest remaining term as a Director on the Board.
Notwithstanding the foregoing, the Avista Investors may disclose any such Confidential Information on a confidential basis to limited partners or prospective limited partners or investors of the Avista Investors or their Confidentiality Affiliates.
If the Avista Director fails to deliver such resignation letter, the Avista Investors shall be given prompt notice from the Board of such default by the Avista Director and shall have three (3) Business Days from the date of receipt of such notice to remedy and cure such default.