Common use of Demand and Piggyback Rights for Shelf Takedowns Clause in Contracts

Demand and Piggyback Rights for Shelf Takedowns. Upon the demand of one or more of the Blackstone Parties made at any time and from time to time, the Company will facilitate in the manner described in this Agreement a “takedown” off of an effective shelf registration statement of shares held by them that are registered on such shelf. In connection with any shelf takedown (whether pursuant to the exercise of such demand rights or at the initiative of the Company) in connection with which a lockup will be imposed, the Shareholders may exercise piggyback rights to have included in such takedown shares held by them that are registered on such shelf.

Demand and Piggyback Rights for Shelf Takedowns. Upon the demand of one or more any of the Blackstone Parties Investment Entities or Blackstone, made at any time and from time to time, the Company will facilitate in the manner described in this Agreement a “takedown” of Registrable Securities off of an effective shelf registration statement of shares held by them that are registered on such shelfstatement. In connection with any underwritten shelf takedown (whether pursuant to the exercise of such demand rights by any of the Investment Entities or Blackstone or at the initiative of the Company) in connection with which a lockup will be imposed), the Shareholders Securityholders may exercise piggyback rights to have included in such takedown shares Registrable Securities held by them that are registered on such shelf.

Demand and Piggyback Rights for Shelf Takedowns. Upon the demand of one Blackstone or more of the Blackstone Parties Navigation, made at any time and from time to timetime (subject to Sections 2.1(a) and 2.6(c) hereof), the Company will facilitate in the manner described in this Agreement a “takedown” of Registrable Securities off of an effective shelf registration statement of shares held by them that are registered on such shelfstatement. In connection with any underwritten shelf takedown (whether pursuant to the exercise of such demand rights by Blackstone or Navigation or at the initiative of the Company) in connection with which a lockup will be imposed), the Shareholders Securityholders may exercise piggyback rights to have included in such takedown shares Registrable Securities held by them that are registered on such shelf.