Initiating Holder definition

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

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

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

Examples of Initiating Holder in a sentence

The Shelf Take-Down Initiating Holder submitting an Underwritten Shelf Take-Down Notice shall indicate in such notice that it delivers to the Corporation pursuant to Section 2(d)(ii) whether it intends for such Underwritten Shelf Take-Down to be Marketed (a “Marketed Underwritten Shelf Take-Down”); provided, that any such Marketed Underwritten Shelf Take-Down shall be deemed to be, for purposes of Section 3(a), a Demand Registration.
Notwithstanding anything contained in this Section 2(d), no Shelf Take-Down Initiating Holder, other than the Brookwood Holders, shall have the right to initiate a Shelf Take-Down if such Shelf Take-Down Initiating Holder could sell or otherwise distribute its Registrable Securities pursuant to Rule 144 promulgated under the Securities Act in a single transaction without any volume or manner of sale limitations.
The Corporation shall, together with all holders of Registrable Securities of the Corporation proposing to distribute their securities through such underwriting, enter into an underwriting agreement in customary form with the underwriter or underwriters selected by the Initiating Holder owning a majority of the Registrable Securities to be offered for sale in such underwriting by the Initiating Holders and reasonably satisfactory to the Corporation.
For the avoidance of doubt, an Eligible Take-Down Holder that is not a Shelf Take-Down Initiating Holder cannot initiate an Underwritten Shelf Take-Down.

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.