Common use of Determination Not to Effect Registration Clause in Contracts

Determination Not to Effect Registration. If at any time after giving such Piggyback Notice and prior to the effective date of the registration statement filed in connection with such registration the Company shall determine for any reason not to register the securities originally intended to be included in such registration, the Company may, at its election, give written notice of such determination to the Selling Holders and thereupon the Company shall be relieved of its obligation to register such Registrable Securities in connection with the registration of securities originally intended to be included in such registration, without prejudice, however, to the right of a Xxxxx Registration Party, a SL Registration Party or a Temasek Registration Party immediately to request that such registration be effected as a registration under Section 2.1 (including a shelf registration under Section 2.3) to the extent permitted thereunder.

Appears in 3 contracts

Samples: Registration Rights Agreement (Virtu Financial, Inc.), Registration Rights Agreement (Virtu Financial, Inc.), Registration Rights Agreement (Virtu Financial, Inc.)

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Determination Not to Effect Registration. If at any time after giving such Piggyback Notice and prior to the effective date of the registration statement filed in connection with such registration the Company shall determine for any reason not to register the securities originally intended to be included in such registration, the Company may, at its election, give written notice of such determination to the Selling Holders and thereupon the Company shall be relieved of its obligation to register such Registrable Securities in connection with the registration of securities originally intended to be included in such registration, without prejudice, however, to the right of a Xxxxx Registration Party, a SL Registration Party or a Temasek SL Registration Party immediately to request that such registration be effected as a registration under Section 2.1 (including a shelf registration under Section 2.3) to the extent permitted thereunder.

Appears in 1 contract

Samples: Registration Rights Agreement (Virtu Financial, Inc.)

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