BHCA Holder definition
Examples of BHCA Holder in a sentence
Notwithstanding anything contained in this Section 2.7 to the contrary, the Company and each Investor and Holder acknowledge and agree that each BHCA Holder and Affiliate thereof, without prior notice to the Company or any other Person, may, in connection with any audit or request for information, disclose any confidential information to any Governmental Authority or examiner of or related to a Governmental Authority, in each case, having jurisdiction over such BHCA Holder or Affiliate thereof.
In the event that a Holder is a BHCA Holder (as defined below), then upon such Holder’s request, the Company shall create a class of New Securities (the “BHCA Holder New Securities”) identical to the New Securities being offered pursuant to this Section 2.2 in all respects, except that the BHCA Holder New Securities will not have any voting rights or other rights as such Holder may request, so that such Holder may purchase such BHCA Holder New Securities.
Upon delivery of an exercise notice in accordance with this Section 2.4(h)(i), such BHCA Holder will be required to represent and warrant to the Company only as follows: (i) that such Holder has full right, title and interest in and to the shares to be repurchased and (ii) that such Holder has all necessary power and authority and has taken all necessary action to sell such shares to the Company.
All reasonable out-of-pocket fees and expenses associated with any action taken by the Company under this Section 2.4(h)(ii)(A) at the request of any BHCA Holder pursuant to this Section 2.4(h)(ii)(A) shall be borne by such requesting BHCA Holder.
At any time, any BHCA Holder may require the Company to purchase all, but not less than all, of the shares of Preferred Stock and Common Stock held by it for an aggregate purchase price equal to $1.00, upon written notice to the Company.