Common use of Holder Withdrawal Rights Clause in Contracts

Holder Withdrawal Rights. The Company shall withdraw from registration any Eligible Securities on request of a Holder. The Company shall not be obligated to maintain the effectiveness of any Registration Statement if, after any withdrawal of Eligible Securities by a Holder, the number of Eligible Securities remaining subject to such Registration Statement represents less than 5% of the shares of Eligible Common Stock deemed outstanding, unless the Company is also registering securities on such Registration Statement for its own account.

Appears in 4 contracts

Samples: Registration Rights Agreement (Wellsford Real Properties Inc), Registration Rights Agreement (Whwel Real Estate Lp), Warrant Agreement (Whwel Real Estate Lp)

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