Relevant Holders definition
Examples of Relevant Holders in a sentence
To the extent required, the rights of the Relevant Holders hereunder will come into existence at the time that the relevant entry is made with the relevant Clearing System and the Relevant Account Holder has become aware of this stipulation of rights in its favour and has not immediately rejected the same.
If the underwriters determine that less than all of the Registrable Securities requested to be registered can be included in such offering, then the Registrable Securities that are included in such offering shall be allocated among the selling Relevant Holders in proportion (as nearly as practicable to) the number of Registrable Securities owned by each selling Relevant Holder or in such other proportions as shall mutually be agreed to by all such selling Relevant Holders.
All Selling Expenses relating to Registrable Securities registered pursuant to this paragraph 2 shall be borne and paid by the Relevant Holders pro rata on the basis of the number of Registrable Securities registered on their behalf.
Any amendment, modification, termination or waiver effected in accordance with this paragraph 3.1 shall be binding on all Relevant Holders, regardless of whether any such Relevant Holder has consented thereto.
Globo acknowledges that the share certificates representing the Exchangor Stock delivered to Globo or the applicable Relevant Holder(s) under this Agreement shall have the following legend printed on them: “THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE.
As of the Exchange Closing Date, (i) each Relevant Holder that is acquiring Exchangor Stock is acquiring such Exchangor Stock for investment purposes only, for such Relevant Holder’s own account and not with a view to the distribution or resale thereof and (ii) neither Globo nor the applicable Relevant Holder(s) shall offer to sell or otherwise dispose of such shares in violation of the registration requirements of the Securities Act.
Any discretionary waiver or termination of the restrictions of any or all of such agreements by the Purchaser or the underwriters shall apply to all Relevant Holders subject to such agreements pro rata based on the number of shares of Purchaser Common Stock subject to such agreements.
To the extent required, the rights of the Relevant Holders hereunder will come into existence at the time that the relevant entry is made with the Relevant Clearing System and the Relevant Account Holder has become aware of this stipulation of rights in its favour and has not immediately rejected the same.
Notwithstanding anything to the contrary in this Agreement, no attempted exercise of Exchange Rights shall constitute an “exercise” of such rights hereunder unless and until an Exchange Closing occurs as a result of such attempted exercise and the applicable Relevant Holder(s) have received the benefit of such Exchange Closing.
The Issuer and the Calculation Agent shall have no obligation whatsoever to agree to any amendments requested by the Relevant Holder(s) under this paragraph 4.2 and either may refuse some or all of the requested amendment in its sole and absolute discretion and without giving any reason therefor.