Cancellation of Registration. A majority in interest of the Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to this Section 2.1 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Participating Holders at the time of the Demand Request. Such cancellation of a registration shall not be counted as one of six (6) Demand Requests and notwithstanding anything to the contrary in the Agreement, the Company shall be responsible for the expenses of the Participating Holders incurred in connection with the registration prior to the time of cancellation.
Cancellation of Registration. A majority of the Requesting Holders shall have the right to cancel a proposed Registration of Registrable Securities pursuant to Section 2.01 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Requesting Holders at the time of their written request for a Demand Registration. Such cancellation of a Registration shall not be counted as one of the three (3) Registrations provided for in Section 2.01 above.
Cancellation of Registration. A majority-in-interest, on an as converted to Common Stock basis, of the Demanding Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Section 2.1 when (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that was unknown to the Demanding Holders at the time of their written request for a Demand Registration. Such cancellation of a registration shall not be counted as one of the three Demand Registrations provided for in Section 2.1(a) and, notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the expenses of the Demanding Holders incurred in connection with the registration prior to the time of such cancellation.
Cancellation of Registration. A Supermajority in interest of the ------------------------------ Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 when, in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration. Such cancellation of a registration shall not be counted as one of the three (3) such requested registrations pursuant to Section 3.1(b)(iii); provided, however, that the Holders canceling such registration shall pay expenses attributable to such registration.
Cancellation of Registration. 165. The competent national office shall cancel the registration of a mark at the request of any interested party when, without justification, the mark has not be used in at least one of the member countries, by the owner or his licensee or any other person authorized for the purpose during the three consecutive years preceding the date on which the cancellation action was initiated. Cancellation of a registration for non-use of the xxxx xxx also be claimed as a means of defense in an opposition action brought on the basis of the unused mark. Notwithstanding the provisions of the foregoing paragraph, no cancellation action may be initiated until three years have elapsed from the date of notification of the resolution that exhausts the procedure for registration of the mark concerned by the administrative route. Where the non-use of a mark affects only one or some of the goods or services for which the mark was registered, a reduction or limitation of the list of goods or services included in the registration shall be ordered, at which time those in respect of which the mark has not been used shall be eliminated; to that end due regard shall be had to the identicalness or similarity of the goods or services. The registration may not be cancelled when the owner proves that the non-use is due to
Cancellation of Registration. Any cancellation, whatever the reason and even in case of force majeure, will not be refunded, given the difficulty of organizing the event.
Cancellation of Registration. In any case, the cancellation of the CBFIs in the RNV shall be carried out in accordance with the provisions of Article 108 of the LMV, applied consistently to the Trust and its respective governance bodies.
Cancellation of Registration. The Requesting Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to a Demand Request under this Section 2.1 at any time and for any reason prior to the effective date of the Registration Statement filed or to be filed in response to such Demand Request. Such cancellation of a registration shall not be counted as one of three (3) Demand Requests and, notwithstanding anything to the contrary in this Agreement, the Requesting Holder(s) exercising such right to cancel shall be responsible for all Registration Expenses incurred in connection with such proposed registration prior to the time of cancellation unless such request is either (i) the result of any act or omission by the Company that occurred after the date on which such Demand Request was made, and such act or omission would have a material adverse effect on the offering of the Registrable Securities, or (ii) the result of the Company declaring a Blackout Period (as defined in Section 2.5(a)). Upon receipt of notice of any such cancellation, the Company shall revise, abandon or withdraw such Registration Statement, as applicable.
Cancellation of Registration. A majority in interest of the participating Holders shall have the right to cancel a proposed Demand Registration of Registrable Securities pursuant to this Article 2 when the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the participating Holders at the time of the Demand Request. Such cancellation of a registration shall not be counted as one of the three (3) Demand Registrations and notwithstanding anything to the contrary in the Agreement, the Company shall be responsible for the expenses of the participating Holders incurred in connection with the registration through the date that is seven days after the time such information became known to the participating Holders, to the extent such expenses are as described in clauses (i) through (x) of the first sentence of Section 8 hereof.
