Common use of Additional Registerable Securities Clause in Contracts

Additional Registerable Securities. In the event that any Holder holds Registrable Securities that are not registered for resale on a delayed or continuous basis, the Company, upon request of a Innoviz Equityholder, a SPAC Holder or an Other Equityholder that holds at least five (5.0%) percent of the Registrable Securities, shall promptly use its commercially reasonable efforts to cause the resale of such Registrable Securities to be covered by either, at the Company’s option, the Shelf (including by means of a post-effective amendment) or a Subsequent Shelf Registration and cause the same to become effective as soon as practicable after such filing and such Shelf or Subsequent Shelf Registration shall be subject to the terms hereof; provided, however, that the Company shall only be required to cause such Registrable Securities to be so covered twice per calendar year for the Innoviz Equityholders, the SPAC Holders, and the Other Equityholders, respectively.

Appears in 3 contracts

Samples: Registration Rights Agreement (Innoviz Technologies Ltd.), Registration Rights Agreement (Innoviz Technologies Ltd.), Registration Rights Agreement (Collective Growth Corp)

AutoNDA by SimpleDocs

Additional Registerable Securities. In the event that any Holder holds Registrable Securities that are not registered for resale on a delayed or continuous basis, the Company, upon request of a Innoviz Equityholder, a SPAC any such Holder or an Other Equityholder Holders that holds hold in the aggregate at least five one percent (5.01.0%) percent of the Registrable Securities, shall promptly use its commercially reasonable efforts to cause the resale of such Registrable Securities to be covered within sixty (60) days of such request by either, at the Company’s option, the Shelf (including by means of a post-effective amendment) or a Subsequent Shelf Registration and cause the same to become effective as soon as practicable after such filing and such Shelf or Subsequent Shelf Registration shall be subject to the terms hereof; provided, however, that the Company shall only be required to cause such Registrable Securities to be so covered twice per calendar year for the Innoviz Cellebrite Equityholders, the SPAC Holders, and the Other Equityholders, respectively.

Appears in 1 contract

Samples: Investor Rights Agreement (TWC Tech Holdings II Corp.)

AutoNDA by SimpleDocs

Additional Registerable Securities. In the event that any Holder holds Registrable Securities that are not registered for resale on a delayed or continuous basis, the Company, upon request of a Innoviz Equityholder, a SPAC any such Holder or an Other Equityholder Holders that holds hold in the aggregate at least five one percent (5.01.0%) percent of the Registrable Securities, shall promptly use its commercially reasonable efforts to cause the resale of such Registrable Securities to be covered within sixty (60) days of such request by either, at the Company’s option, the Shelf (including by means of a post-effective amendment) or a Subsequent Shelf Registration and cause the same to become effective as soon as practicable after such filing and such Shelf or Subsequent Shelf Registration shall be subject to the terms hereof; provided, however, that the Company shall only be required to cause such Registrable Securities to be so covered twice per calendar year for the Innoviz Innovid Equityholders, the SPAC Holders, and the Other other Equityholders, respectively.

Appears in 1 contract

Samples: Investor Rights Agreement (ION Acquisition Corp 2 Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.