Initiating Holder definition

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

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Initiating Holder means any Holder or Holders who in the aggregate are Holders of more than 50% of the then outstanding Registrable Securities;

Initiating Holder has the meaning set forth in Section 3.1 of this Agreement.

Examples of Initiating Holder in a sentence

• No Demand Registration shall be deemed to have occurred for purposes of this Section 2(b)(iii) if the Registration Statement relating thereto does not become effective or is not maintained effective for its entire Effectiveness Period, in which case the Initiating Holder shall be entitled to an additional Demand Registration in lieu thereof.

• The Demand Notice must set forth the number of Registrable Securities that the Initiating Holder intends to include in such Demand Registration and the intended timing and method of disposition thereof.

• The Initiating Holder, in connection with any other Initial Holder participating in such Underwritten Offering, shall determine with the Company the pricing of the Registrable Securities offered pursuant to any Requested Underwritten Offering and the applicable underwriting discounts and commissions and determine the timing of any such Requested Underwritten Offering.

• Upon receipt of written notice from the Initiating Holder that the Initiating Holder is withdrawing all of its Registrable Securities from the Demand Registration or written notice from a Holder to the effect that the Holder is withdrawing an amount of its Registrable Securities such that the remaining amount of Registrable Securities to be included in the Demand Registration is below the Minimum Amount, the Company shall cease all efforts to secure effectiveness of the applicable Registration Statement.

• The Underwritten Offering Notice must set forth the number of Registrable Securities that the Initiating Holder intends to include in such Requested Underwritten Offering and each other Initial Holder shall have the opportunity to participate in such Requested Underwritten Offering in accordance with the procedures set forth in Section 2(b)(ii) and Section 2(e).

More Definitions of Initiating Holder

Initiating Holder means the Holder delivering the Demand Notice or the Underwritten Offering Notice, as applicable.

Initiating Holder has the meaning set forth in Section 3(a).

Initiating Holder is defined in Section 2.1.

Initiating Holder has the meaning specified in Section 2.03(b).

Initiating Holder shall have the meaning set forth in Section 2.3.

Initiating Holder means the Holder (together with any of its affiliates that are Holders) who properly initiates a registration request under Section 2 or 3 of this Agreement.

Initiating Holder means, with respect to any registration effected ----------------- pursuant to Section 3.1, (i) the ▇▇▇▇ Holders in the event that the Holder or Holders from whom a notice is received pursuant to Section 3.1(a) that initiates such registration is a ▇▇▇▇ Holder, (ii) the FS Holders in the event that the Holder or Holders from whom a notice is received pursuant to Section 3.1(a) that initiates such registration is a FS Holder, and (iii) the Note Investor Holders in the event that the Holder or Holders from whom a notice is received pursuant to Section 3.1(a) that initiates such registration is a Note Investor Holder.