Common use of Demand for Registration Clause in Contracts

Demand for Registration. (a) The Holders of Registrable Stock (the "Initiating Holders") may demand in a written notice that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice. Holders of Registrable Stock may initiate any number of demands for registration under this Section 2(a), provided that the amount of Registrable Stock included in each such registration shall be equal to at least 500,000 shares of Common Stock (the "Minimum Demand Amount") and at least 1,200,000 shares of Registrable Stock are outstanding immediately prior to such demand. Following receipt of any notice under this Section 2 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its best efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within ten (10) days after the Company has given such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders. Notwithstanding anything to the contrary in this Section 2, if the managing underwriter (or, in the case of a non-underwritten offering, the Company) has informed the Holders of Registrable Stock

Appears in 1 contract

Samples: Registration Rights Agreement (Advanced Thermal Technologies Inc)

AutoNDA by SimpleDocs

Demand for Registration. (a) The On and after the date that is six (6) months from the date of this Agreement, the Holders of at least 331/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice (the "Registration Demand") that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice. Holders of Registrable Stock may initiate any number of demands for registration under this Section 2(a), provided that the aggregate amount of Registrable Stock to be included in each such registration shall be equal to at least 500,000 shares of Common Stock the Minimum Demand Amount, but not more than 50% (the "Minimum Maximum Demand Amount") and at least 1,200,000 shares ), of the total Registrable Stock are outstanding immediately prior to held by such demandHolder. Following receipt of any notice under this Section 2 3 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its best reasonable efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within ten forty (1040) days after the Company has given such noticereceived the Registration Demand, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders. Notwithstanding anything to the contrary in this Section 2, if the managing underwriter (or, in the case of a non-underwritten offering, the Company) has informed the Holders of Registrable Stock.

Appears in 1 contract

Samples: Registration Rights Agreement (Dycom Industries Inc)

Demand for Registration. (a) The On and after the date that is six (6) months from the date of this Agreement, the Holders of at least 331/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice. Holders of Registrable Stock may initiate any number of demands for registration under this Section 2(a), provided that the amount of Registrable Stock included in each such registration shall be equal to at least 500,000 shares of Common Stock 331/3% (the "Minimum Demand Amount") and at least 1,200,000 shares ), but not more than 50% (the "Maximum Demand Amount"), of the total Registrable Stock are outstanding immediately prior to such demandheld by each Holder. Following receipt of any notice under this Section 2 3 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its best reasonable efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within ten (10) days after the Company has given such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders. Notwithstanding anything to the contrary in this Section 2, if the managing underwriter (or, in the case of a non-underwritten offering, the Company) has informed the Holders of Registrable Stock.

Appears in 1 contract

Samples: Employment Agreement (Dycom Industries Inc)

Demand for Registration. (a) The On and after the date that is six (6) months from the date of the final prospectus (as included in a registration statement filed under the Securities Act and declared effective by the SEC) covering the shares of Class A Common Stock sold by the Company in the IPO, the Holders of the Registrable Stock (the "Initiating Holders") may demand in a written notice ------------------ that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice. Holders of Registrable Stock may initiate any number of demands for registration under this Section 2(a), provided that the amount of Registrable Stock included in each such registration shall be equal to at least 500,000 shares of Common Stock (the "Minimum Demand Amount") and at least 1,200,000 shares of Registrable Stock are outstanding immediately prior to such demand. Following receipt of any notice under this Section 2 the Company shall (xi) within twenty (20) days notify all other Holders Holders, if any, of such request in writing and (yii) use its best reasonable efforts to cause to be registered under effect the Securities Act, subject to the proviso registration (as set forth in Section 4) of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within ten (10) days after the Company has given such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders. Notwithstanding anything to the contrary in this Section 2, if the managing underwriter (or, in the case of a non-underwritten offering, the Company) has informed the Holders of Registrable Stock.

Appears in 1 contract

Samples: Registration Rights Agreement (Heller Financial Inc)

AutoNDA by SimpleDocs

Demand for Registration. (a) The On and after the date that is six (6) months from the date of this Agreement, the Holders of at least 33 1/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice. Holders of Registrable Stock may initiate any number of demands for registration under this Section 2(a), provided that the amount of Registrable Stock included in each such registration shall be equal to at least 500,000 shares of Common Stock 33 1/3% (the "Minimum Demand Amount") and at least 1,200,000 shares ), but not more than 50% (the "Maximum Demand Amount"), of the total Registrable Stock are outstanding immediately prior to such demandheld by each Holder. Following receipt of any notice under this Section 2 3 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its best reasonable efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within ten (10) days after the Company has given such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders. Notwithstanding anything to the contrary in this Section 2, if the managing underwriter (or, in the case of a non-underwritten offering, the Company) has informed the Holders of Registrable Stock.

Appears in 1 contract

Samples: Registration Rights Agreement (Dycom Industries Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!