Common use of Black-Out Period Clause in Contracts

Black-Out Period. Following the effectiveness of the Registration Statement and the filings with any state securities commissions, each Holder agrees that it will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings at any time after it has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) days after the conclusion of any such Suspension Event.

Appears in 3 contracts

Samples: Registration Rights and Lock Up Agreement (Summit Properties Inc), Registration Rights and Lock Up Agreement (Summit Properties Inc), Registration Rights and Lock Up Agreement (Summit Properties Inc)

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Black-Out Period. Following the effectiveness of the any Registration Statement and the filings with any state securities commissions, each Holder agrees that it he will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings at any time after it he has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event with respect to such Registration Statement or so that the Company may correct or update the such Registration Statement or such filingfiling (a "Black-Out Period"). Each Holder may recommence effecting sales of the Registrable Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five three (53) days after the conclusion of any such Suspension Event.

Appears in 2 contracts

Samples: Form of Registration Rights Agreement (Associated Estates Realty Corp), Purchase Agreement (Associated Estates Realty Corp)

Black-Out Period. Following the effectiveness of the Registration Statement and the filings with any state securities commissions, each Holder agrees the Holders agree that it they will not effect any sales of the Registrable Shares Shares, whether pursuant to the Registration Statement or by any such filings at other means, from and after any time after it has they have received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) days after the conclusion of any such Suspension Event. If so directed by the Company, Holders will deliver to the Company all copies of the Prospectus covering the Registrable Shares at the time receipt of such notice.

Appears in 2 contracts

Samples: Registration Rights Agreement (Crescent Real Estate Equities Inc), Registration Rights Agreement (Crescent Real Estate Equities Inc)

Black-Out Period. Following the effectiveness of the any Registration Statement and the filings with any state securities commissions, each Holder agrees that it he will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings at any time after it he has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) days after the conclusion of any such Suspension Event.

Appears in 2 contracts

Samples: Registration Rights Agreement (Gables Residential Trust), Registration Rights Agreement (Gables Residential Trust)

Black-Out Period. Following the effectiveness of the a Registration ---------------- Statement and the filings with any state securities commissions, each Holder agrees the Holders agree that it they will not effect any sales of the Registrable Shares pursuant to the such Registration Statement or any such filings at any time after it has they have received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each Holder The Holders may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days after the conclusion of any such Suspension Event.

Appears in 1 contract

Samples: Registration Rights Agreement (Bradley Real Estate Inc)

Black-Out Period. Following the effectiveness of the Registration Statement and the filings with any state securities commissions, each Holder agrees the Holders agree that it they will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings at any time after it has they have received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) days after the conclusion of any such Suspension Event. If so directed by the Company, Holders will deliver to the Company all copies of the Prospectus covering the Registrable Shares current at the time of receipt of such notice.

Appears in 1 contract

Samples: And Pledge Agreement (Crescent Real Estate Equities Inc)

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Black-Out Period. Following Each Holder agrees that, following the effectiveness of the any Registration Statement and the filings with any state securities commissionsrelating to Registrable Shares of such Holder, each such Holder agrees that it will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings with any state securities commissions at any time after it such Holder has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days after the conclusion of any such Suspension Event.

Appears in 1 contract

Samples: Registration Rights And (Vinings Investment Properties Trust/Ga)

Black-Out Period. Following the effectiveness of the Registration Statement and the filings with any state securities commissions, each Holder agrees the Holders agree that it they will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings at any time after it has they have received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each The Holder may recommence effecting sales of the Shares Common Stock pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) days after the conclusion of any such Suspension Event.

Appears in 1 contract

Samples: Registration Rights Agreement (Summit Properties Inc)

Black-Out Period. Following the effectiveness of the Registration Statement and the filings with any state securities commissions, each Holder agrees the Holders agree that it they will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings at any time after it has they have received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. Each The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) days after the conclusion of any such Suspension Event.

Appears in 1 contract

Samples: Registration Rights Agreement (Reckson Services Industries Inc)

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