Common use of Block Trades Clause in Contracts

Block Trades. Subject to Section 2.7, if the Holders desire to effect a Block Trade, then notwithstanding any other time periods in this Article II, the Holders shall provide written notice to the Company at least five (5) Business Days prior to the date such Block Trade will commence. As expeditiously as possible, the Company shall use its reasonable best efforts to facilitate such Block Trade. The Holders shall use reasonable best efforts to work with the Company and the Underwriters (including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade) in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade and any related due diligence and comfort procedures. In the event of a Block Trade, and after consultation with the Company, the Demanding Holders and the Requesting Holders (if any) shall determine the Maximum Number of Securities, the underwriter or underwriters and share price of such offering.

Appears in 5 contracts

Samples: Registration Rights Agreement (Gores Guggenheim, Inc.), Registration Rights Agreement (Gores Guggenheim, Inc.), Registration Rights and Lock Up Agreement (Ardagh Metal Packaging S.A.)

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Block Trades. Subject Notwithstanding any other provision of this Article II, but subject to Section 2.7Sections 2.3 and 3.4, if the Holders desire to effect a Block Trade, then then, notwithstanding any other time periods in this Article II, the Holders shall provide written notice to the Company at least five (5) Business Days business days prior to the date such Block Trade will commence. As expeditiously as possible, the Company shall use its commercially reasonable best efforts to facilitate such Block Trade. The Holders shall use reasonable best efforts to work with the Company and the Underwriters (including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade) in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade and any related due diligence and comfort procedures. In the event of a Block Trade, and after consultation with the Company, the Demanding Holders and the Requesting Holders (if any) shall determine the Maximum Number of Securities, the underwriter or underwriters and the share price of such offering.

Appears in 3 contracts

Samples: Registration Rights and Lock Up Agreement (Chavant Capital Acquisition Corp.), Registration Rights Agreement (Getaround, Inc), Registration Rights Agreement (InterPrivate II Acquisition Corp.)

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Block Trades. Subject Notwithstanding any other provision of this Article II, but subject to Section 2.7Sections 2.4 and 3.4, if the Holders desire to effect a Block Trade, then notwithstanding any other time periods in this Article II, the Holders shall provide written notice to the Company at least five three (53) Business Days business days prior to the date such Block Trade will commence. As expeditiously as possible, the Company shall use its reasonable best efforts to facilitate such Block Trade. The Holders shall use reasonable best efforts to work with the Company and the Underwriters (including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade) in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade and any related due diligence and comfort procedures. In the event of a Block Trade, and after consultation with the Company, the Demanding Holders and the Requesting Holders (if any) shall determine the Maximum Number of Securities, the underwriter or underwriters and share price of such offering.

Appears in 3 contracts

Samples: Registration Rights and Lock Up Agreement (UWM Holdings Corp), Registration Rights Agreement (PAE Inc), Registration Rights Agreement (PAE Inc)

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