Major Investor definition

Major Investor means any Investor that, individually or together with such Investor’s Affiliates, holds at least 1,000,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).

Major Investor means a holder of one or more Safes if (i) the aggregate Purchase Amounts of such Safes is equal to or greater than $25,000 and (ii) Wefunder, Inc. has verified that such holder is an accredited investor in accordance with Rule 506(c) of Regulation D under the Securities Act.

Major Investor means any Investor in a Crowd Note in which the Purchase Price is equal to or greater than $25,000.

Examples of Major Investor in a sentence

• Notwithstanding anything to the contrary in this Section 4.2, the Company shall not be required to offer or sell such Equity Securities to any Major Investor who would cause the Company to be in violation of applicable federal securities laws by virtue of such offer or sale.

• Each Major Investor shall have fifteen (15) days from the giving of such notice to agree to purchase its applicable pro rata share of such Equity Securities as determined pursuant to Section 4.1 for the price and upon the terms and conditions specified in the Offer by giving written notice to the Company (the “Notice of Acceptance”) and stating therein the quantity of Equity Securities to be purchased.

• The rights of first refusal of each Major Investor under this Section 4 may be assigned to the same parties, subject to the same restrictions as any transfer of registration rights pursuant to Section 2.9.

• In addition to the foregoing, the right of first offer in this Section 4 shall not be applicable with respect to any Major Investor in any subsequent offering of shares if (i) at the time of such offering, the Major Investor is not an “accredited investor,” as that term is then defined in Rule 501(a) of the Act and (ii) such offering of shares is otherwise being offered only to accredited investors.

• If the Company proposes to issue any Equity Securities, it shall give each Major Investor written notice of its intention, describing the Equity Securities, the price and the terms and conditions upon which the Company proposes to issue the same (the “Offer”).

More Definitions of Major Investor

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

Major Investor means any Investor owning (either individually or collectively with its affiliates) not less than 500,000 of the outstanding shares of the Company’s Preferred Stock and each transferee who holds no less than that number of shares of the Company’s Preferred Stock.

Major Investor means any holder of Preferred Stock holding that holds at least 5% of the outstanding shares of Common Stock (assuming conversion of all outstanding Preferred Shares) of the Company;

Major Investor means an Investor holding at least one million (1,000,000) shares of Preferred Stock (or Common Stock issued upon conversion of Preferred Stock).

Major Investor means any person who holds at least 1,000,000 shares of the Preferred Stock (or the Common Stock issued upon conversion thereof). For purposes of this Section 2.3, Major Investor includes any general partners and affiliates of a Major Investor. A Major Investor who chooses to exercise the right of first offer may designate as purchasers under such right itself or its partners or affiliates in such proportions as it deems appropriate. Each time the Company proposes to offer any shares of, or securities convertible into or exercisable for any shares of, any class of its capital stock ("Shares"), the Company shall first make an offering of such Shares to each Major Investor in accordance with the following provisions:

Major Investor means an Investor who holds (i) at least 739,334 shares (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) of Series A-2 Preferred Stock, Series A-1 Preferred Stock, or Series A Preferred Stock, (ii) at least 1,094,436 shares (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) of Series B-2 Preferred Stock, Series B-1 Preferred Stock, or Series B Preferred Stock, or (iii) at least 1,833,770 shares (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) of Preferred Stock total.

Major Investor means a Series A Investor holding at least 1,000,000 shares of Common Stock (including such Series A Investor’s Group for purposes of the calculation) (as adjusted for any stock splits, stock dividends, recapitalizations or the like), assuming the conversion or exchange of all securities by their terms convertible into or exchangeable for Common Stock at their then applicable conversion or exchange ratios. Each member of a Major Investor’s Group shall also be deemed to be a Major Investor for all purposes hereunder.