Requisite Securities definition

Requisite Securities means a number of Registrable Securities equal to not less than 25% of the Registrable Securities held in the aggregate by all Holders.

Requisite Securities means a number of Registrable Securities equal to not less than 25% of the Registrable Securities then outstanding held in the aggregate by all Holders; provided, however, that with respect to any action to be taken at the request of the Holders of the Registrable Securities prior to such time as the Warrants have expired pursuant to the terms thereof and of the Warrant Agreement, each Warrant outstanding shall be deemed to represent that number of Registrable Securities for which such Warrant would be then exercisable.

Requisite Securities means a number of Registrable Securities equal to not less than 25% of the Registrable Securities held in the aggregate by all Holders; provided, however, that with respect to any action to be taken at the request of the Holders of the Registrable Securities prior to such time as the Warrants have expired pursuant to the terms thereof and of the Warrant Agreement, each Warrant outstanding shall be deemed to represent that number of Registrable Securities for which such Warrant would be then exercisable (without giving effect to the cashless (net) exercise feature referred to in the Warrant Agreement).

Examples of Requisite Securities in a sentence

• From time to time, after 180 days following the completion by the Company of a Public Equity Offering, Holders owning, individually or in the aggregate, not less than the Requisite Securities may make a written request for registration under the Securities Act of their Registrable Securities (a "Demand Registration").

• The group of human rights defenders was protesting a land concession given by the local government for which the farmers demanded proper compensation.

• Offering Subject to the other provisions of this Section 6, commencing 180 days after an initial underwritten public offering of the Company's Capital Stock, Holders owning, individually or in the aggregate, not less than the Requisite Securities may make a written request for one registration under the Securities Act of their Registrable Securities (a "DEMAND REGISTRATION").

• From time to time, after 180 days following the completion by the Company of a Public Equity Offering, Holders owning, individually or in the aggregate, not less than the Requisite Securities may make a written request for registration under the Securities Act of their Registrable Securities (a "DEMAND REGISTRATION").

• Notwithstanding the foregoing, if the Holders of at least the Requisite Securities request the withdrawal of a Registration Statement after it is filed, such Registration Statement will be deemed to have been a Demand Registration unless the Holders of the Included Securities pay the Registration Expenses associated with such Registration Statement unless such withdrawal is the result of a material adverse change in the financial condition or results of operation of the Company.

More Definitions of Requisite Securities

Requisite Securities. A number of Registrable Securities equal to not less than 25% of the then Registrable Securities held in aggregate by all Holders.

Requisite Securities means in connection with Registrable Securities with an aggregate value of at least $10,000,000 in the event of a registration demand which requires a registration using Form S-1 or its substantial equivalent or at least $7,500,000 which requires a registration using Form S-3 or its substantial equivalent. The aggregate value of Registrable Securities shall be based upon the average closing price (the last price at which a share of Common Stock is sold) of common Stock for the 30 trading days next preceding any date on which "Requisite Securities" is to be determined.

Requisite Securities means Registrable Securities equal to no less than 5% of the then outstanding equity securities of the Company.

Requisite Securities means a number of Registrable Securities equal to not less than twenty-five percent ((25%) of the Registrable Securities held in the aggregate by all Holders; provided, however, that with respect to any action to be taken at the request of the Holders of the Registrable Securities prior to such time as the Warrants have expired pursuant to the terms thereof and of the Warrant Agreement, each Warrant outstanding shall be deemed to represent that number of Registrable Securities for which such Warrant would be then exercisable (without giving effect to the cashless (net) exercise feature referred to in the Warrant Agreement).

Requisite Securities means, as of any time of determination hereunder, (i) Registrable Securities having an aggregate value of at least $10,000,000, in the event a Demand Registration would require the Company to file a registration statement on Form S-1 or its substantial equivalent with the Commission under the Securities Act, or (ii) Registrable Securities having an aggregate value of at least $7,500,000, in the event a Demand Registration would require the Company to file a registration statement on Form S-3 or its substantial equivalent with the Commission under the Securities Act. For purposes of this definition, the aggregate value of Registrable Securities shall be determined by using the average closing price (the last reported sales price for a share of Common Stock, as reported on the consolidated transaction reporting system for the principal national securities exchange on which shares of Common Stock are listed (or, if shares of Common Stock are not so listed but are quoted on the Nasdaq Stock Market, as reported by the Nasdaq Stock Market)) of Common Stock for the 30 trading days next preceding the date on which “Requisite Securities” is determined.

Requisite Securities means a number of Registrable Securities equal to not less than 25% of the Registrable Securities held in the aggregate by all Holders; PROVIDED, HOWEVER, that with respect to any action to be taken at the request of the Holders of the Registrable Securities prior to such time as the Warrants have expired pursuant to the terms thereof and of the Warrant Agreement, each Warrant outstanding shall be deemed to represent that number of Registrable Securities for which such Warrant would be then exercisable (without giving effect to the Cashless Exercise (as defined in the Warrant Agreement)).

Requisite Securities. Securities in an aggregate principal amount of not less than $10,000,000. Resale Shares: See Section 3(a) hereof.