Initiating Holders definition

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

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Initiating Holders means any Holder or Holders who in the aggregate hold not less than fifty percent (50%) of the outstanding Registrable Securities.

Initiating Holders means, with respect to a request duly made under Section 2.1 or Section 2.2 to Register any Registrable Securities, the Holders initiating such request.

Examples of Initiating Holders in a sentence

• The underwriter(s) will be selected by the Board of Directors and shall be reasonably acceptable to a majority in interest of the Initiating Holders.

• The Shelf Take-Down Initiating Holders that own a majority of the Registrable Securities to be offered for sale in such Underwritten Shelf Take-Down shall have the right to select the underwriter or underwriters to administer such Underwritten Shelf Take-Down; provided, that such underwriter or underwriters shall be reasonably acceptable to the Corporation.

• The Shelf Take-Down Initiating Holders may elect in a written demand delivered to the Corporation (an “Underwritten Shelf Take-Down Notice”) to conduct a Shelf Take-Down in the manner described in each of Section 2(d)(iii), 2(d)(iv) and 2(d)(v).

More Definitions of Initiating Holders

Initiating Holders has the meaning set forth in Section 3(a) of this Agreement.

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

Initiating Holders has the meaning set forth in Section 2(a) hereof.

Initiating Holders has the meaning set forth in Section 2.1(a).

Initiating Holders shall have the meaning given in subsection 2.1.2.

Initiating Holders means the Stockholders initiating a request for registration pursuant to Section 2.1(a) or 2.1(b), as the case may be.

Initiating Holders has the meaning ascribed to such term in Section 2.1(a)(i).