Common use of Demand Registration - Registrable Securities Clause in Contracts

Demand Registration - Registrable Securities. (a) Upon written notice provided at any time from a majority in interest of the Holders, requesting that Next Level effect the registration under the Securities Act of any or all of the Registrable Securities held by such Holders, which notices shall specify the intended method or methods of disposition of such Registrable Securities, Next Level shall use its best efforts to effect the registration under the Securities Act and applicable state securities laws of such Registrable Securities for disposition in accordance with the intended method or methods of disposition stated in such request (including in a Rule 415 Offering, if Next Level is then eligible to register such Registrable Securities on Form S-3 (or a successor form) for such offering); provided that,