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Common use of Additional Stockholders Clause in Contracts

Additional Stockholders. The parties hereto acknowledge that certain Persons may become stockholders of the Company and the Company may wish to grant such Persons registration rights with respect to the shares of Common Stock issued to such Persons. The Company may do so in its discretion so long as such registration rights are not inconsistent with the registration rights granted to the Holders hereunder and, if any registrations rights granted are more favorable than those provided to Holders of Common Stock hereunder, conforming changes reasonably acceptable to the Pershing Square Holders are made to this Agreement to provide Holders hereunder with substantially similar rights.

Appears in 3 contracts

Samples: Investor Rights Agreement (Seaport Entertainment Group Inc.), Investor Rights Agreement (Seaport Entertainment Group Inc.), Investor Rights Agreement (Pershing Square Capital Management, L.P.)

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Additional Stockholders. The parties hereto acknowledge that certain Persons may become stockholders of the Company and the Company may wish to grant such Persons registration rights with respect to the shares of Common Stock issued to such Persons. The Company may do so in its discretion so long as such registration rights are not inconsistent with the registration rights granted to the Holders hereunder and, if any registrations rights granted are more favorable than those provided to Holders of Common Stock hereunder, conforming changes reasonably acceptable to the Pershing Square Holders (as determined by the Brookfield Holders) are made to this Agreement to provide Holders hereunder with substantially similar rights.

Appears in 2 contracts

Samples: Registration Rights Agreement (Rouse Properties, Inc.), Registration Rights Agreement (Rouse Properties, Inc.)

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