Significant Buyers definition

Significant Buyers means, collectively, each Buyer whose Purchase Price is equal to or exceeds $1,800,000 (each of the foregoing is referred to herein as a “Significant Buyer”).
Significant Buyers means (as applicable) (x) for purposes of Section 4(o) hereof, collectively, (i) each Buyer whose Purchase Price is equal to or exceeds $250,000 and (ii) Pyramid Trading, L.P. (“Pyramid”) for so long as Cranshire Capital Advisors, LLC remains its investment manager with respect to its Securities and (y) for all purposes of this Agreement (other than Section 4(o) hereof), collectively, each Buyer whose Purchase Price is equal to or exceeds $250,000, provided that for purposes of this clause (y) Cranshire’s Purchase Price shall be deemed to also include the aggregate Purchase Price paid by Pyramid (each of the foregoing is referred to herein as a “Significant Buyer”). “Required Significant Buyers” means Significant Buyers whose aggregate Purchase Prices equal at least 80% of the aggregate Purchase Prices of all the Significant Buyers.

Examples of Significant Buyers in a sentence

  • Except as otherwise expressly set forth herein, the provisions of this Warrant may be amended only with the written consent of the Company and the Significant Buyers (as defined in the Securities Purchase Agreement).

  • The Company shall not assign this Agreement or any rights or obligations hereunder without the prior written consent of each of the Significant Buyers (which may be granted or withheld in each Significant Buyer’s sole discretion), including, without limitation, by way of a Fundamental Transaction (as defined in the Warrants) (unless the Company is in compliance with the applicable provisions governing Fundamental Transactions set forth in the Warrants).

  • The Company shall not assign this Agreement or any rights or obligations hereunder without the prior written consent of the Required Significant Buyers (which may be granted or withheld in the sole discretion of the Required Significant Buyers), including, without limitation, by way of a Fundamental Transaction (as defined in the Warrants) (unless the Company is in compliance with the applicable provisions governing Fundamental Transactions set forth in the Warrants).

  • Until the earlier to occur of (i) the date on which all of the Buyers shall have sold all of the Registrable Securities and (ii) the third (3rd) anniversary of the date hereof, the Company and each Subsidiary shall be prohibited from effecting or entering into an agreement to effect any Subsequent Placement involving a Variable Rate Transaction without the prior written consent of the Required Significant Buyers (which may be granted or withheld in the sole discretion of the Required Significant Buyers).

  • Until none of the Warrants are outstanding, the Company shall not effect any stock combination, reverse stock split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Significant Buyers (which may be granted or withheld in the sole discretion of the Required Significant Buyers).

  • The Company shall not assign this Agreement or any rights or obligations hereunder without the prior written consent of each of the Significant Buyers (which consent shall not be unreasonably withheld), including, without limitation, by way of a Fundamental Transaction (as defined in the Warrants) (unless the Company is in compliance with the applicable provisions governing Fundamental Transactions set forth in the Warrants).

Related to Significant Buyers

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Project Buyer means the City’s employee assigned to serve as the contact person for Bidders/Sellers responding to Invitations For Bid or completing contracts herein.

  • Significant Holder means (i) each Purchaser, so long as it shall hold (or be committed under this Agreement to purchase) any Note, or (ii) any other holder of at least 5% of the aggregate principal amount of the Notes from time to time outstanding.

  • Buyer has the meaning set forth in the preamble.

  • Significant change means a major decline or improvement in the tenant’s status which does not normally resolve itself without further interventions by staff or by implementing standard disease-related clinical interventions that have an impact on the tenant’s mental, physical, or functional health status.

  • Buyer’s Group means the Buyer, any subsidiary of the Buyer, any holding company of the Buyer and any subsidiary of any holding company of the Buyer, from time to time.

  • Sellers has the meaning set forth in the preamble.

  • Procuring Entity/Purchaser means a Entity having administrative and financial powers to undertake Procurement of Goods, Works or Services using public funds, as specified in the PCC;

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

  • Buyers has the meaning set forth in the preamble.

  • Purchaser Personnel means the Purchasers’, and each Purchaser’s Affiliates’, officers, directors (or their equivalent), employees, agents, and contractors of any kind.

  • Seller has the meaning set forth in the preamble.

  • Significant Financial Interest means anything of monetary value, including but not limited to, salary or other payments for services (e.g., consulting fees or honoraria); equity interests (e.g., stocks, stock options or other ownership interests); and intellectual property rights (e.g., patents, copyrights, license agreements, and royalties from such rights). The term does not include:

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Purchaser Designee means each individual then serving on the Board of Directors pursuant to the exercise of the Purchaser’s rights pursuant to Section 4.07(a) and/or Section 4.07(e), together with any designee(s) of the Purchaser who is then standing for election to the Board of Directors pursuant to Sections 4.07(a) and (b) or who is being proposed for election by the Purchaser pursuant to Section 4.07(e).

  • Significant tree means a tree:

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Significant Assets means one or more assets or businesses which, when purchased, optioned or otherwise acquired by the CPC, together with any other concurrent transactions, would result in the CPC meeting the initial listing requirements of the Exchange.

  • The Owner/Company/BPCL means the Bharat Petroleum Corporation Limited, incorporated in India having its registered office at 4 & 6, Currimbhoy Road, Ballard Estate, Mumbai - 400 038 or their successors or assigns

  • Buyer’s Representatives has the meaning set forth in Section 6.02.

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Buyer Representatives has the meaning set forth in Section 4(e).

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • Sellers’ Representative has the meaning set forth in the Preamble.