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.
Appears in 3 contracts
Samples: Registration Rights Agreement (Pointe Communications Corp), Registration Rights Agreement (Telscape International Inc), Registration Rights Agreement (Telscape International Inc)
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 all of the fees and expenses attributable to such registrationregistration and the cancellation thereof.
Appears in 2 contracts
Samples: Registration Rights Agreement (TSG Capital Fund Iii L P), Registration Rights Agreement (Sandler Capital Management)
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 all of the fees and expenses attributable to such registrationregistration and the cancellation thereof.
Appears in 2 contracts
Samples: Registration Rights Agreement (Telscape International Inc), Registration Rights Agreement (Telscape International Inc)
Cancellation of Registration. A Supermajority majority in interest of the ------------------------------ Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 2 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)2.1(b)(iii) or the one (1) such requested registration pursuant to Section 2.2; provided, however, that the Holders canceling such registration shall pay expenses attributable to such registration.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Registration Rights Agreement (Pointe Communications Corp)