Principal Security Holder definition

Principal Security Holder means a person or company who beneficially owns or exercises control or direction over more than 10% of the issued and outstanding securities of any class of voting securities or Equity Securities of the Listed Issuer.
Principal Security Holder means a person or company who beneficially owns, directly or indirectly, or controls or directs, voting securities carrying 10% or more of the voting rights attached to any class of voting securities of the issuer;
Principal Security Holder means a person listed in the Principal Security Holder section at page [number] of this Offering Document;

Examples of Principal Security Holder in a sentence

  • The Company shall not have issued any securities or granted rights for additional securities to any Principal Security Holder for any reason other than pursuant to stock splits, stock reclassifications, stock dividends, stock option plans, underwritten public offerings, Permitted Offerings (as defined in Section 7.2 hereof) or Permitted Transactions.


More Definitions of Principal Security Holder

Principal Security Holder means any person or company that owns of record or beneficially, directly or indirectly, or exercises control or direction over more than 10% of any class of voting securities of an issuer.
Principal Security Holder means any person (other than officers, directors and strategic partners of the Company) and any affiliate of such person who beneficially or of record holds more than 5% of the Company's Common Stock outstanding on the date hereof on a fully diluted basis.

Related to Principal Security Holder

  • Security Holder means the holder of a Security.

  • Holder means a Person in whose name a Security is registered in the Security Register.