Common use of Company Right to Postpone Registration Clause in Contracts

Company Right to Postpone Registration. The Company shall be entitled to postpone for a reasonable period of time (but not exceeding 120 days) the filing of any registration statement otherwise required to be prepared and filed by it pursuant to this Agreement if the Company concludes that such registration and offering would materially adversely affect any financing, acquisition, corporate reorganization or other material 52 48 transaction involving the Company or any of its Affiliates or would require premature disclosure thereof and the Company promptly gives the Holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 written notice of such delay. If the Company shall so postpone the filing of a registration statement, such Holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 shall have the right to withdraw the request for registration by giving written notice to the Company within 30 days after receipt of the notice of postponement and, in the event of such withdrawal, such request shall not be counted for purposes of the requests for registration to which Holders of Registrable Securities are entitled pursuant to Section 5.1 hereof.

Appears in 1 contract

Samples: Stockholders Agreement (Seagram Co LTD)

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Company Right to Postpone Registration. The Company shall be -------------------------------------- entitled to postpone for a reasonable period of time (but not exceeding 120 days90 days and no more than once in any twelve month period) the filing of any registration statement otherwise required to be prepared and filed by it pursuant to this Agreement if the Company concludes determines, in its reasonable judgment, that such registration and offering would materially adversely affect interfere with any financing, acquisition, corporate reorganization or other material 52 48 transaction involving the Company or any of its Affiliates or would require premature disclosure thereof and the Company promptly gives the Holders holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 2.1 or 2.3 written notice of such delay. If the Company shall so postpone the filing of a registration statement, such Holders holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 2.1 or 2.3 shall have the right to withdraw the request for registration by giving written notice to the Company within 30 days after receipt of the notice of postponement and, in the event of such withdrawal, such request shall not be counted for purposes of the requests for registration to which Holders holders of Registrable Securities are entitled pursuant to Section 5.1 2.1 or 2.3 hereof.

Appears in 1 contract

Samples: Registration Rights Agreement (Gensia Sicor Inc)

Company Right to Postpone Registration. The Company shall be entitled to postpone for a reasonable period of time (but not exceeding 120 days) the filing of any registration statement otherwise required to be prepared and filed by it pursuant to this Agreement if the Company concludes that such registration and offering would materially adversely affect any financing, acquisition, corporate reorganization or other material 52 48 transaction involving the Company or any of its Affiliates or would require premature disclosure thereof and the Company promptly gives the Holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 written notice of such delay. If the Company shall so postpone the filing of a registration statement, such Holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 shall have the right to withdraw the request for registration by giving written notice to the Company within 30 days after receipt of the notice of postponement and, in the event of such withdrawal, such request shall not be counted for purposes of the requests for registration to which Holders of Registrable Securities are entitled pursuant to Section 5.1 hereof.

Appears in 1 contract

Samples: Stockholders Agreement (Cineplex Odeon Corp /Can/)

Company Right to Postpone Registration. The Company shall be entitled to postpone for a reasonable period of time (but not exceeding 120 days90 days and no more than once in any twelve month period) the filing of any registration statement otherwise required to be prepared and filed by it pursuant to this Agreement if the Company concludes determines, in its reasonable judgment, that such registration and offering would materially adversely affect interfere with any financing, acquisition, corporate reorganization or other material 52 48 transaction involving the Company or any of its Affiliates or would require premature disclosure thereof and the Company promptly gives the Holders holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 2.1 or 2.3 written notice of such delay. If the Company shall so postpone the filing of a registration statement, such Holders holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 2.1 or 2.3 shall have the right to withdraw the request for registration by giving written notice to the Company within 30 days after receipt of the notice of postponement and, in the event of such withdrawal, such request shall not be counted for purposes of the requests for registration to which Holders holders of Registrable Securities are entitled pursuant to Section 5.1 2.1 or 2.3 hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Healthcare Capital Partners Lp)

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Company Right to Postpone Registration. The Company shall be entitled to postpone for a reasonable period of time (but not exceeding 120 daysdays and no more than once in any twelve month period) the filing of any registration statement otherwise required to be prepared and filed by it pursuant to this Agreement if the Company concludes determines, in its reasonable judgment, that such registration and offering would materially adversely affect interfere with any financing, acquisition, corporate reorganization or other material 52 48 transaction involving the Company or any of its Affiliates or would require premature disclosure thereof and the Company promptly gives the Holders holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 2.1 written notice of such delaydelay within five Business Days of the receipt of a written request from Initiating Holders as contemplated pursuant to Section 2.1(a). If the Company shall so postpone the filing of a registration statement, such Holders holders of Registrable Securities requesting registration thereof pursuant to Section 5.1 2.1 shall have the right to withdraw the request for registration by giving written notice to the Company within 30 days after receipt of the notice of postponement and, in the event of such withdrawal, such request shall not be counted for purposes of the requests for registration to which Holders holders of Registrable Securities are entitled pursuant to Section 5.1 2.1 hereof.

Appears in 1 contract

Samples: Registration Rights Agreement (America Service Group Inc /De)

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