Common use of Demand Notice Clause in Contracts

Demand Notice. Promptly upon receipt of a Demand Registration Request pursuant to Section 3.1.1 (but in no event more than five (5) Business Days thereafter), the Company shall deliver a written notice (a “Demand Notice”) of any such Demand Registration Request to each (i) other Holder holding Registrable Securities with a Market Value of no less than $25 million and (ii) Angel Oak Investor, and the Demand Notice shall offer each such Holder the opportunity to include in the Demand Registration that number of Registrable Securities as such Holder may request in writing. Subject to Section 3.1.7, the Company shall include in the Demand Registration all such Registrable Securities with respect to which the Company has received written requests for inclusion therein within ten (10) Business Days after the date that the Demand Notice was delivered.

Appears in 3 contracts

Sources: Registration Rights Agreement (Vivaldi Capital Management, LLC), Registration Rights Agreement (Angel Oak Mortgage, Inc.), Registration Rights Agreement (Angel Oak Mortgage, Inc.)

Demand Notice. Promptly upon receipt of a Demand Registration Request pursuant to Section 3.1.1 (but in no event more than five two (52) Business Days thereafter), the Company shall deliver a written notice (a “Demand Notice”) of any such Demand Registration Request to each (i) other Holder holding Registrable Securities with a Market Value of no less than $25 million and (ii) Angel Oak Investor, Investor and the Demand Notice shall offer each such Holder the other Investor the opportunity to include in the Demand Registration that number of Registrable Securities held by such Investor and that number of applicable Registrable Co-Investors Securities applicable to such Investor as each such Holder Investor may request in writing. Subject to Section 3.1.7, the Company shall include in the Demand Registration all such Registrable Securities with respect to which the Company has received written requests for inclusion therein within ten three (103) Business Days after the date that the Demand Notice was delivered.

Appears in 3 contracts

Sources: Registration Rights Agreement (N-Able, Inc.), Registration Rights Agreement (N-Able, LLC), Registration Rights Agreement (SolarWinds Corp)

Demand Notice. Promptly upon receipt of a Demand Registration Request pursuant to Section 3.1.1 (but in no event more than five four (54) Business Days thereafter), the Company shall deliver a written notice (a “Demand Notice”) of any such Demand Registration Request to each (i) all other Holder holding Registrable Securities with a Market Value of no less than $25 million Sponsor Holders, ZF Holders and (ii) Angel Oak InvestorIDX Holders, as applicable, and the Demand Notice shall offer each such Holder the opportunity to include in the Demand Registration that number of Registrable Securities as each such Holder may request in writing. Subject to Section 3.1.7, the Company shall include in the Demand Registration all such Registrable Securities with respect to which the Company has received written requests for inclusion therein within ten five (105) Business Days after the date that the Demand Notice was delivered.

Appears in 1 contract

Sources: Business Combination Agreement (L&F Acquisition Corp.)