Initial Holder

Example Definitions of "Initial Holder"
Initial Holder. Any Person (or Affiliate of such Person) that acquired shares of Series A Preferred Stock concurrently with the consummation of the Acquisition; provided that any transferee that receives Series A Preferred Stock from an Initial Holder (i) for estate planning purposes or (ii) as part of a syndication of such Initial Holder's interest in Series A Preferred Stock, shall be an Initial Holder for purposes of this Certificate of Designation.
Initial Holder. Has the meaning set forth on the first page of this Warrant.
Initial Holder. Means the Investor.
Initial Holder. The Buyer that initially purchased this Warrant pursuant to the Securities Purchase Agreement.
Initial Holder. Shall mean Guy W. Millner and Virginia W. Millner.
Initial Holder. Means [_____________].
Initial Holder. Shall mean the Person specified as such on the signature pages to this Agreement on the date hereof.
Initial Holder. The meaning assigned to such term in the first paragraph of this Note.
Initial Holder. The Trustee
Initial Holder. Has the meaning set forth in the preamble to this Agreement.
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