Major Holder definition

Major Holder means with respect to any registration the Holder that, together with its Affiliates, includes the largest number of Registrable Securities in such registration.

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Major Holder means any Investor that, individually or together with such Investor’s Affiliates, holds at least 2,000,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).

Major Holder means a holder of at least 2.5% of the issued and outstanding shares of the Company, on an as converted basis and with respect solely to Article 14 – a holder of at least 2% of the issued and outstanding shares of the Company, on an as converted basis.

Examples of Major Holder in a sentence

• The Company will afford to each Major Holder, and to such Major ▇▇▇▇▇▇’s accountants and counsel, reasonable access during normal business hours to all of the Company’s respective properties, books and records and with reasonable advance notice.

• Each such Major Holder shall have such other access to management and information as is necessary for it to comply with applicable laws and regulations and reporting obligations.

• Upon request by a Major ▇▇▇▇▇▇, the Company agrees to provide responsive information and/or certifications to such Major Holder concerning its compliance with applicable anti-corruption laws.

• The Company shall promptly notify each Major Holder if the Company becomes aware of any Enforcement Action (as defined in the Purchase Agreement).

More Definitions of Major Holder

Major Holder each officer and director of the Company and each record or beneficial owner, as of the date hereof, of more than 1% of the outstanding shares of securities of the Company (for purposes of determining record or beneficial ownership of a stockholder, all shares of securities held by investment funds affiliated with such stockholder shall be aggregated).

Major Holder means (i) a Holder that holds, individually or together with such Holder’s Affiliates, at least 1,000,000 Shares, subject to subsequent adjustment for stock splits, stock dividends, reverse stock splits, recapitalizations and the like and (ii) solely for purposes of Section 3.1 hereof, FG Sift LLC.

Major Holder shall have the meaning set forth in Section 4.1.

Major Holder means, as of any time of determination, any Holder that either (a) has an Economic Ownership Percentage of five percent or more or (b) has a Voting Power Percentage of five percent or more.

Major Holder means each Holder who, in each case giving effect to the provisions of Section 3.15, continues to own at least five percent (5%) of the Company’s issued and outstanding Common Stock.

Major Holder. (i) each officer and director of the Company as well as any members of the immediate family of each officer and director (as well as any family vehicle for the benefit of any such person) that holds outstanding shares of capital stock of the Company, (ii) each investment fund affiliated with any director of the Company that holds outstanding shares of capital stock of the Company, and (iii) each other record or beneficial owner of shares of preferred stock, or shares of common stock issued or issuable upon conversion of such shares of preferred stock, representing more than one percent (1%) (aggregating ownership of affiliates), on an as-converted basis, of the shares of capital stock of the Company outstanding immediately prior to the Public Offering.

Major Holder means any Person or group of Affiliated Persons that hold a minimum of 15% of the Registrable Securities as of the effective date of the Plan.