Common use of Holders Entitled to Equivalent Rights Clause in Contracts

Holders Entitled to Equivalent Rights. Except for the underwriters' warrants and the advisors' warrants existing as of the date hereof, if Company has otherwise granted or hereafter grants to any Person any other or additional registration rights with respect to any securities of Company (or similar registration rights with any more favorable or less restrictive terms), then Company will promptly notify each Holder of Warrants and each Holder of Warrant Shares, and such registration rights (or the more favorable or less restrictive terms thereof) will be deemed automatically to be incorporated into this Agreement (without the necessity of any other action by the parties hereto) as additional registration rights that each Holder is entitled to exercise.

Appears in 5 contracts

Samples: Warrant Agreement (Bizness Online Com), Warrant Agreement (Bizness Online Com), Warrant Agreement (MCG Finance Corp)

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