Demand Holder

Demand Holder. Shall mean (i) any Backstop Purchaser or (ii) any Holder, in each case that, together with its Affiliates, beneficially owns at least 5% of the outstanding shares of New Common Stock (on a fully diluted basis assuming the conversion of all New Preferred Stock and the exercise of all Warrants) as of the Effective Date, for so long as such Backstop Purchaser or Holder, in each case, together with its Affiliates continues to beneficially own at least 5% of the aggregate outstanding shares of New... Common Stock (on a fully diluted basis assuming the conversion of all New Preferred Stock and the exercise of all Warrants); provided, however, that any decrease in the beneficial ownership percentage of any Demand Holder resulting from the issuance by the Company of New Common Stock, New Preferred Stock or other securities convertible into or exercisable for New Common Stock or New Preferred Stock, shall not cause any Demand Holder to cease being a Demand Holder for purposes of this Agreement; provided, further, that a Demand Holder shall cease to be a Demand Holder at such time as such Demand Holder no longer holds any Registrable Securities. View More

Demand Holder. Each of (i) the Existing LINN Owners, (ii) the Roan Holdings Group and (iii) any transferee permitted pursuant to Section 9(e) that is designated by an Existing LINN Owner or the Roan Holdings Group as a Demand Holder; provided, that any Person referenced in clause (iii) shall be a Demand Holder only if such Person agrees in writing to be bound by and subject to the terms set forth in this Agreement

Demand Holder. AIM and Axar and each transferee of Sponsor Registrable Securities directly or indirectly (in a chain of title) from a Sponsor if such transferee to whom the right to request a Demand Registration under Section 2(b) has been expressly assigned in writing directly or indirectly (in a chain of title) from a Sponsor as permitted by Section 2(c)(iv) hereof

Demand Holder. Means Holdings and each transferee of Registrable Securities directly or indirectly in a chain of title from Holdings if such transferee to whom the right to request a Requested Underwritten Offering under Section 2(a) has been expressly assigned in writing directly or indirectly in a chain of title from Holdings as permitted by Section 9