CHS Registrable Securities
Example Definitions of "CHS Registrable Securities"
CHS Registrable Securities. Means (i) any shares of Class A Common Stock issued to the CHS Group pursuant to the Securities Purchase Agreement, (ii) Common Stock issued or issuable with respect to the securities referred to in clause (i) above by way of exchange, dividend, distribution, split or combination of securities, or any recapitalization, merger, consolidation or other reorganization and (iii) other Common Stock held by any member of the CHS Group. As to any particular CHS Registrable Securities, such securities
... shall cease to be CHS Registrable Securities when they (1) have been distributed to the public pursuant to an offering registered under the Securities Act, (2) have been sold to the public through a broker, dealer or market maker in compliance with Rule 144 under the Securities Act (or any similar rule then in force) or could be sold to the public through a broker, dealer or market maker in compliance with Rule 144(e)(1)(i) and disregarding clauses (ii) and (iii) of Rule 144(e)(1) and disregarding Rule 144(k) under the Securities Act (or any similar rule then in force), (3) have been distributed by a CHS Group member to its partners or (4) have been repurchased by the Company or any of its subsidiaries.
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CHS Registrable Securities. (i) all shares of Common Stock originally issued, directly or indirectly, to the CHS Group, (ii) all shares of Common Stock issued or issuable, directly or indirectly, with respect to the securities referred to in clause (i) above upon exercise, conversion, or exchange or by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation, or other reorganization, and (iii) all other shares of Common Stock of the Company held by Persons
... holding securities described in clauses (i) and (ii) above. As to any particular CHS Registrable Securities, such securities shall cease to be CHS Registrable Securities when they have been distributed to the public pursuant to an offering registered under the Securities Act or sold to the public through a broker, dealer, or market maker in compliance with Rule 144 under the Securities Act (or any similar rule then in force) or repurchased by the Company or any Subsidiary thereof or purchased or otherwise acquired by any employee of the Company, and, if such CHS Registrable Securities are purchased or otherwise acquired by any employee of the Company, then such CHS Registrable Securities shall be deemed to be Other Registrable Securities. For purposes of this Agreement, a Person shall be deemed to be a holder of CHS Registrable Securities, and the CHS Registrable Securities shall be deemed to be in existence, whenever such Person has the right to acquire directly or indirectly such CHS Registrable Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right), whether or not such acquisition has actually been effected, and such Person shall be entitled to exercise the rights of a holder of CHS Registrable Securities hereunder.
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