Initiating Holders definition: Copy, customize, and use instantly
Introduction
The term "Initiating Holders" refers to specific shareholders or security holders who have the right to take certain actions under a contract, such as requesting a public offering, demanding registration rights, or triggering other rights and obligations related to their holdings. It is essential for defining the rights and thresholds required for such actions in agreements involving investors, stockholders, or noteholders.
Below are various examples of how "Initiating Holders" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Initiating Holders" in a shareholder rights context
This definition ties "Initiating Holders" to their role in triggering shareholder actions.
"Initiating Holders" means the holders of a specified percentage of the issued and outstanding shares of the Company who, acting together, are entitled to request or require certain actions, including but not limited to registration rights, sale transactions, or corporate actions as set forth in this Agreement.
Definition of "Initiating Holders" in a securities registration rights context
This definition connects "Initiating Holders" to their ability to demand the registration of securities.
"Initiating Holders" refers to the holders of a minimum percentage of the Registrable Securities who have the right, under this Agreement, to request the registration of such securities for public sale under applicable securities laws.
Definition of "Initiating Holders" in an investor protection context
This definition links "Initiating Holders" to their role in protecting investor interests.
"Initiating Holders" means the shareholders or security holders who, in accordance with the terms of this Agreement, may exercise certain rights, including demanding information, requiring board meetings, or compelling specific corporate actions.
Definition of "Initiating Holders" in a debt security and noteholder agreement context
This definition applies "Initiating Holders" to noteholders seeking enforcement or amendments.
"Initiating Holders" refers to the holders of a defined percentage of outstanding notes or debt instruments who are authorized to request amendments, enforce covenants, or demand remedial action under the terms of this Agreement.
Definition of "Initiating Holders" in a voting rights and corporate governance context
This definition ties "Initiating Holders" to their ability to influence corporate decisions.
"Initiating Holders" means the shareholders who, collectively holding the required percentage of voting shares, have the authority to propose resolutions, call special meetings, or influence governance decisions under this Agreement.
Definition of "Initiating Holders" in a preferred stockholder rights context
This definition connects "Initiating Holders" to the rights of preferred shareholders.
"Initiating Holders" refers to holders of preferred stock who, acting together with a minimum required percentage, may exercise rights such as conversion, redemption, or priority claims under the terms of this Agreement.
Definition of "Initiating Holders" in a drag-along rights context
This definition links "Initiating Holders" to their role in compelling sales.
"Initiating Holders" means the shareholders who, upon reaching the specified ownership threshold, may exercise drag-along rights requiring other shareholders to participate in a sale or merger of the Company.
Definition of "Initiating Holders" in a tag-along rights context
This definition applies "Initiating Holders" to shareholders protecting their rights in a sale.
"Initiating Holders" refers to the shareholders who have the right to include their shares in a sale transaction initiated by majority shareholders, ensuring fair treatment in liquidity events.
Definition of "Initiating Holders" in a convertible debt instrument context
This definition ties "Initiating Holders" to noteholders triggering debt conversion.
"Initiating Holders" means the holders of a specified percentage of convertible notes who, collectively, may demand the conversion of their debt into equity under the terms of this Agreement.
Definition of "Initiating Holders" in an early liquidation preference context
This definition connects "Initiating Holders" to shareholders requesting early distributions.
"Initiating Holders" refers to shareholders holding a minimum required percentage of preferred equity who may initiate early liquidation preference payouts in accordance with the governing documents.
Definition of "Initiating Holders" in a warrant exercise context
This definition links "Initiating Holders" to warrant holders enforcing rights.
"Initiating Holders" means the holders of a defined percentage of outstanding warrants who may, collectively, demand adjustments to exercise terms, expiration dates, or redemption provisions.
Definition of "Initiating Holders" in a right of first refusal (ROFR) context
This definition applies "Initiating Holders" to shareholders enforcing ROFR provisions.
"Initiating Holders" refers to shareholders who, meeting the minimum ownership threshold, may invoke the right of first refusal to purchase offered securities before they are sold to third parties.
Definition of "Initiating Holders" in a corporate restructuring and recapitalization context
This definition ties "Initiating Holders" to shareholders seeking restructuring changes.
"Initiating Holders" means the shareholders or noteholders who, holding the required percentage, may propose or approve amendments to capital structure, debt restructuring, or recapitalization efforts.
Definition of "Initiating Holders" in a shareholder buyout agreement context
This definition connects "Initiating Holders" to their role in initiating buyouts.
"Initiating Holders" refers to shareholders who, upon reaching a specified ownership threshold, may trigger a buyout of minority shareholders or a management-led acquisition.
Definition of "Initiating Holders" in an anti-dilution protection enforcement context
This definition links "Initiating Holders" to their role in preventing dilution.
"Initiating Holders" means the shareholders who have the authority to enforce anti-dilution protections, requiring adjustments to share prices, stock splits, or conversion ratios upon new issuances.
Definition of "Initiating Holders" in a joint venture or partnership agreement context
This definition applies "Initiating Holders" to investors initiating structural changes.
"Initiating Holders" refers to investors in a joint venture or partnership who, collectively holding the required percentage, may demand amendments, early exits, or dissolution of the entity.
Definition of "Initiating Holders" in a securities lock-up period modification context
This definition ties "Initiating Holders" to shareholders seeking changes to lock-up terms.
"Initiating Holders" means the security holders who, upon meeting the agreed threshold, may request an early release or modification of lock-up period restrictions on their shares.
Definition of "Initiating Holders" in an equity financing and capital raise context*
This definition connects "Initiating Holders" to investors triggering additional financing rounds.
"Initiating Holders" refers to the investors who, collectively holding a minimum ownership percentage, may require the Company to pursue additional financing rounds or capital raises.
Definition of "Initiating Holders" in a minority shareholder protection context
This definition links "Initiating Holders" to the enforcement of minority rights.
"Initiating Holders" means the shareholders representing a minority ownership percentage who may demand governance protections, transparency measures, or dispute resolution procedures.
Definition of "Initiating Holders" in a registration rights demand context
This definition applies "Initiating Holders" to their role in enforcing public offering rights.
"Initiating Holders" refers to security holders who, acting together, have the contractual right to require the Company to register their securities for public resale under applicable securities laws.
Definition of "Initiating Holders" in a public company corporate action context
This definition ties "Initiating Holders" to actions in a publicly traded company.
"Initiating Holders" means the shareholders who meet the required ownership percentage to propose significant corporate actions, such as board removals, charter amendments, or corporate governance changes.
Definition of "Initiating Holders" in a board representation and director appointment context
This definition connects "Initiating Holders" to their role in nominating directors.
"Initiating Holders" refers to shareholders who, upon reaching a required ownership percentage, have the right to nominate or appoint a representative to the board of directors.
Definition of "Initiating Holders" in a litigation and derivative suit context
This definition links "Initiating Holders" to shareholder-initiated legal actions.
"Initiating Holders" means the shareholders who, acting collectively, may initiate legal proceedings or derivative suits against officers, directors, or controlling shareholders for breach of fiduciary duty.
Definition of "Initiating Holders" in a post-merger and acquisition shareholder approval context
This definition applies "Initiating Holders" to actions following a business combination.
"Initiating Holders" refers to the shareholders who, upon reaching the designated ownership threshold, may challenge, approve, or demand modifications to a post-merger corporate structure.
Definition of "Initiating Holders" in a shareholder meeting and proxy solicitation context
This definition ties "Initiating Holders" to their right to call meetings and solicit proxies.
"Initiating Holders" means the shareholders who, upon meeting the required ownership threshold, may call a special shareholder meeting, propose resolutions, or solicit proxies for voting matters.
Definition of "Initiating Holders" in a preemptive rights enforcement context
This definition connects "Initiating Holders" to shareholders asserting preemptive rights.
"Initiating Holders" refers to shareholders who, holding a specified percentage of equity, may exercise preemptive rights to purchase additional shares before new issuances dilute their holdings.
Definition of "Initiating Holders" in a majority control transfer and change of control context
This definition links "Initiating Holders" to triggering changes in company control.
"Initiating Holders" means shareholders who, upon reaching the specified ownership threshold, may initiate or challenge a change of control, merger, or acquisition event affecting the Company.
Definition of "Initiating Holders" in a capital restructuring and equity reclassification context
This definition applies "Initiating Holders" to shareholders initiating changes to capital structure.
"Initiating Holders" refers to security holders who may, by holding a minimum percentage of outstanding shares, demand amendments to share classifications, voting rights, or capital structure.
Definition of "Initiating Holders" in a joint stockholder action and collective decision-making context
This definition ties "Initiating Holders" to collective shareholder initiatives.
"Initiating Holders" means the shareholders acting in concert, who hold the required ownership percentage to propose joint shareholder actions, including but not limited to corporate governance changes.
Definition of "Initiating Holders" in a bankruptcy and creditor rights enforcement context
This definition connects "Initiating Holders" to creditor-driven bankruptcy proceedings.
"Initiating Holders" refers to debt security holders who, holding a specified percentage of outstanding debt instruments, may trigger insolvency proceedings or enforce creditor rights.
Definition of "Initiating Holders" in an investor exit strategy and redemption rights context
This definition links "Initiating Holders" to investors seeking early exit options.
"Initiating Holders" means shareholders who, upon meeting the required ownership threshold, may demand redemption of their shares or exercise exit rights through buyback mechanisms.
Definition of "Initiating Holders" in a shareholder derivative action and fiduciary duty enforcement context
This definition applies "Initiating Holders" to enforcing corporate fiduciary responsibilities.
"Initiating Holders" refers to shareholders with standing to file derivative lawsuits on behalf of the Company to address breaches of fiduciary duty by directors or executives.
Definition of "Initiating Holders" in an anti-takeover protection and poison pill enforcement context
This definition ties "Initiating Holders" to anti-takeover provisions.
"Initiating Holders" means shareholders who, upon meeting the designated threshold, may activate anti-takeover provisions, such as poison pill strategies or staggered board elections.
Definition of "Initiating Holders" in an investment fund and limited partner voting rights context
This definition connects "Initiating Holders" to limited partners exercising control in investment funds.
"Initiating Holders" refers to limited partners in an investment fund who, collectively holding the required percentage, may vote on fund management decisions, distributions, or investment redemptions.
Definition of "Initiating Holders" in a minority shareholder squeeze-out context
This definition links "Initiating Holders" to actions leading to the forced sale of minority shares.
"Initiating Holders" means shareholders who, upon holding the required controlling stake, may force the buyout or elimination of minority shareholders through a squeeze-out mechanism.
Definition of "Initiating Holders" in an executive compensation and shareholder approval context
This definition applies "Initiating Holders" to influencing executive pay decisions.
"Initiating Holders" refers to shareholders who, upon reaching a specified ownership percentage, may demand shareholder approval of executive compensation packages, stock options, or incentive plans.
Definition of "Initiating Holders" in a supermajority voting requirement and corporate action approval context
This definition ties "Initiating Holders" to supermajority voting requirements.
"Initiating Holders" means the security holders who, collectively meeting a supermajority threshold, must approve major corporate actions such as mergers, charter amendments, or dissolutions.
Definition of "Initiating Holders" in an escrow release and milestone-based investment structure context
This definition connects "Initiating Holders" to unlocking escrowed funds based on milestones.
"Initiating Holders" refers to investors who, by holding a required percentage of escrowed securities, may approve the release of funds or assets upon satisfaction of pre-agreed milestones.
Definition of "Initiating Holders" in a spin-off and corporate separation context
This definition links "Initiating Holders" to shareholders initiating business spin-offs.
"Initiating Holders" means shareholders who, collectively holding the minimum required ownership, may initiate or approve the spin-off of a division or subsidiary into a separate entity.
Definition of "Initiating Holders" in a special dividend and profit distribution context
This definition applies "Initiating Holders" to requesting dividend distributions.
"Initiating Holders" refers to shareholders who, meeting the necessary ownership percentage, may require the Company to issue a special dividend or adjust profit distribution structures.
Definition of "Initiating Holders" in a public company delisting and going-private transaction context
This definition ties "Initiating Holders" to taking a company private.
"Initiating Holders" means shareholders who, upon acquiring the required percentage of outstanding shares, may initiate or approve the delisting of the Company and transition to private ownership.
Definition of "Initiating Holders" in a compliance waiver and corporate bylaw modification context
This definition connects "Initiating Holders" to modifying corporate bylaws.
"Initiating Holders" refers to shareholders or security holders who may collectively approve waivers of compliance with certain corporate governance rules or amendments to company bylaws.
Definition of "Initiating Holders" in a preferred dividend and payout acceleration context
This definition links "Initiating Holders" to enforcing preferred dividend rights.
"Initiating Holders" means preferred shareholders who, upon reaching the required ownership level, may demand the acceleration or modification of dividend payments under the Company’s governing agreements.
Definition of "Initiating Holders" in a secondary market resale and liquidity rights context
This definition applies "Initiating Holders" to facilitating secondary market transactions.
"Initiating Holders" refers to investors who, meeting the necessary ownership threshold, may authorize or demand secondary market transactions to provide liquidity to shareholders.
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