Substantial Holder definition
Examples of Substantial Holder in a sentence
The Company shall also cooperate with the Majority Selling Holder or Initiating Substantial Holder, as the case may be, and the Underwriters’ Representative or Agent for such offering in the marketing of the Registerable Shares, including making available the Company’s officers, accountants, counsel, premises, books and records for such purpose, but the Company shall not be required to incur any material out-of-pocket expense pursuant to this sentence.
Except as set forth in Schedule 2.25, the Company is not indebted, directly or indirectly, to any of its officers or employees who is the beneficial owner of one percent or more of the outstanding voting power or the outstanding common equity (on a fully diluted basis) of the Company (a "Substantial Holder"), or to any affiliate of a Substantial Holder, in any amount whatsoever.
The Company hereby agrees that following the Closing Date, without the consent of Investor, the Company shall not amend (or propose to amend) the provisions of the Charter in a manner that would change the applicable threshold in the definition of Substantial Holder in the Charter to a level other than 4.99%.
Except as contemplated by the Documents, no Substantial Holder, or, to the best of the Company's knowledge, any affiliate of a Substantial Holder, has a direct or indirect interest in any contract with the Company or any of the Subsidiaries.
Except as contemplated by the ActaMed Documents, no Substantial Holder, or, to ActaMed's knowledge, any Affiliate of a Substantial Holder, is directly or indirectly interested in any contract with ActaMed or any of its Subsidiaries.