Initiating Holders definition

Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

Initiating Holders means any Holder or Holders who in the aggregate hold not less than fifty percent (50%) of the outstanding Registrable Securities.

Initiating Holders means, with respect to a request duly made under Section 2.1 or Section 2.2 to Register any Registrable Securities, the Holders initiating such request.

Examples of Initiating Holders in a sentence

• The underwriter(s) will be selected by the Company and shall be reasonably acceptable to a majority in interest of the Initiating Holders.

• If a person who has requested inclusion in such registration as provided above does not agree to the terms of any such underwriting, such person shall be excluded therefrom by written notice from the Company, the underwriter or the Initiating Holders.

• In such event, the right of any Holder to include its Registrable Securities in such registration shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting (unless otherwise mutually agreed by a majority in interest of the Initiating Holders and such Holder) to the extent provided herein.

• In such event, the right of any Holder to include his, her, or its Registrable Securities in such registration shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting (unless otherwise mutually agreed by a majority in interest of the Initiating Holders and such Holder) to the extent provided herein.

• The underwriter(s) will be selected by a majority in interest of the Initiating Holders and shall be reasonably acceptable to the Company.

More Definitions of Initiating Holders

Initiating Holders has the meaning set forth in Section 2.1(a).

Initiating Holders has the meaning set forth in Section 3(a) of this Agreement.

Initiating Holders means any Holder or Holders, of 40% or greater of the aggregate of the Registrable Securities then outstanding.

Initiating Holders has the meaning set forth in Section 3.1 hereof.

Initiating Holders shall have the meaning given in subsection 2.1.2.

Initiating Holders means Holders who in the aggregate hold a majority of the Registrable Securities then held by Holders assuming conversion or exercise, as applicable, of all Eligible Securities.

Initiating Holders means the Stockholders initiating a request for registration pursuant to Section 2.1(a) or 2.1(b), as the case may be.