Primary Shares definition
Examples of Primary Shares in a sentence
Notwithstanding any provision of this Agreement to the contrary, sales of Shares or Primary Shares through any Underwritten Offering or Registered Primary Offering shall be subject to market conditions, applicable laws, and customary quarterly blackout rights, and shall only take place during open trading window periods under the Company’s ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ policy.
Upon delivery of a Primary Demand Notice, the Holders may elect to sell Registrable Securities in such Registered Primary Offering, at the same price per Registrable Security and pursuant to the same terms and conditions with respect to payment for the Registrable Securities as applicable to the Primary Shares, by following the procedure set forth in Section 3.1(a) (but, in all cases, subject to Section 2.7 and Section 3.2(d)).
All requests made pursuant to this Section 2.2 shall be made by providing written notice to the Company (each such written notice, a “Primary Demand Notice”), which notice shall specify the aggregate number and class or classes of Primary Shares proposed to be registered by the Company and the minimum price at which any sale of Primary Shares may be executed.