Common use of Hold Back Clause in Contracts

Hold Back. Each Investor agrees not to effect any sale or distribution of securities of the Company under any Registration Statement or otherwise into the public market, during the period commencing on the date the Company notifies each Investor that it reasonably expects a Registration Statement with respect to an offering to become effective within 15 days, and ending 90 days after the effective date of the Registration Statement for such offering, or if such Registration Statement fails to go effective within 15 days after the date of such notice, ending on the 15th day after such notice, but commencing again on the date such Registration Statement is declared effective by the SEC and ending 90 days after the effective date of such Registration Statement. The foregoing provision shall not restrict the rights of each Investor to include Registrable Securities in any Registration Statement pursuant to Article V. Notwithstanding, the foregoing, the Company shall not be permitted to provide a notice pursuant to this Section 6.3 more than one time in any 15-month period.

Hold Back. Each Investor agrees not to effect any sale or distribution of securities of the Company under any the Initial Registration Statement or otherwise into the public market, during the period commencing on the date the Company notifies each Investor that it reasonably expects a Registration Statement registration statement with respect to an offering to become effective within 15 days, and ending 90 days after the effective date of the Registration Statement registration statement for such offering, or if such Registration Statement registration statement fails to go effective within 15 days after the date of such notice, ending on the 15th day after such notice, but commencing again on the date such Registration Statement registration statement is declared effective by the SEC and ending 90 days after the effective date of such Registration Statementregistration statement. The foregoing provision shall not restrict the rights of each Investor to include Registrable Securities in any Registration Statement pursuant to Article V. Notwithstanding, the foregoing, the Company shall not be permitted to provide a notice pursuant to this Section 6.3 4.3 more than one time in any 15-month period.

Hold Back. Each Investor agrees not to effect any sale or distribution of securities of the Company under any the Initial Registration Statement or otherwise into the public market, during the period commencing on the date the Company notifies each Investor that it reasonably expects a Registration Statement registration statement with respect to an offering to become effective within 15 days, and ending 90 days after the effective date of the Registration Statement registration statement for such offering, or if such Registration Statement registration statement fails to go effective within 15 days after the date of such notice, ending on the 15th day after such notice, but commencing again on the date such Registration Statement registration statement is declared effective by the SEC and ending 90 days after the effective date of such Registration Statementregistration statement. The foregoing provision shall not restrict the rights of each Investor to include Registrable Securities in any Registration Statement pursuant to Article V. Notwithstanding, Notwithstanding the foregoing, the Company shall not be permitted to provide a notice pursuant to this Section 6.3 4.3 more than one time in any 15-month period.