Common use of Company Purchase Option Clause in Contracts

Company Purchase Option. Notwithstanding the terms of this Agreement, if at any time a Holder requests any Registrable Securities be included in a registration statement pursuant to this Agreement and at such time securities of the same class or series as the Registrable Securities are traded on a national securities exchange or trading system or any other recognized quotation system which regularly provides quotes on such securities (a “Trading Forum”), the Company shall have the right and option, in its sole discretion, to, in lieu of including such Registrable Securities in such Registration Statement, purchase all or any portion of such Registrable Securities requested to be included in such Registration Statement at the closing or last sales price of such security reported by such Trading Forum on the date of Holder’s request for inclusion of such Registrable Securities in such Registration Statement is received by the Company, or, if there is no such reported quote for such date on any Trading Forum, the last reported closing or sales price, as applicable, of such security by a Trading Forum.

Company Purchase Option. Notwithstanding the terms of this Agreement, if at the time any time a Holder requests any Registrable Securities to be included in a registration statement pursuant to this Agreement and at such time securities of the same class or series as the Registrable Securities are traded on a national securities exchange or trading system authorized to be quoted on the NASDAQ or any other recognized quotation system which regularly provides quotes on such securities (a “Trading Forum”), the Company shall have the right and option, in its sole discretion, to, in lieu of including such Registrable Securities in such Registration Statementregistration statement, purchase all or any portion of such Registrable Securities requested to be included in such Registration Statement registration statement at the closing or last sales price of such security reported by such Trading Forum on the date of Holder’s request for the written notice requesting the inclusion of such Registrable Securities in such Registration Statement registration statement is received by the Company, Company or, if there is no such reported quote for such date on by any Trading Forum, the last reported closing or sales price, as applicable, applicable of such security by a Trading Forum.

Company Purchase Option. Notwithstanding the terms of this Agreement, if at any time a the Holder requests any Registrable Securities be included in a registration statement pursuant to this Agreement and at such time securities of the same class or series as the Registrable Securities are traded on a national securities exchange or trading system or any other recognized quotation system which regularly provides quotes on such securities (a “Trading Forum”), the Company shall have the right and option, in its sole discretion, to, in lieu of including such Registrable Securities in such Registration Statement, purchase all or any portion of such Registrable Securities requested to be included in such Registration Statement at the closing or last sales price of such security reported by such Trading Forum on the date of Holder’s request for inclusion of such Registrable Securities in such Registration Statement is received by the Company, or, if there is no such reported quote for such date on any Trading Forum, the last reported closing or sales price, as applicable, of such security by a Trading Forum.

Company Purchase Option. Notwithstanding the terms of this Agreement, if at any time a that any Holder requests any Registrable Securities to be included in a registration statement pursuant to this Agreement and at such time securities of the same class or series as the Registrable Securities are traded on a national securities exchange or trading system authorized to be quoted on the NASDAQ or any other recognized quotation system which regularly provides quotes on such securities (a “"Trading Forum”"), the Company shall have the right and option, in its sole discretion, to, in lieu of including such Registrable Securities in such Registration Statementregistration statement, purchase all or any portion of such Registrable Securities requested to be included in such Registration Statement registration statement at the closing or last sales price of such security reported by such Trading Forum on the date of Holder’s request for the Demand Notice or written notice requesting the inclusion of such Registrable Securities in such Registration Statement registration statement is received by the Company, Company or, if there is no such reported quote for such date on by any Trading Forum, the last reported closing or sales price, as applicable, of such security by a Trading Forum.