Common use of Information Blackout Clause in Contracts

Information Blackout. At any time when a registration statement effected pursuant to this Section 2 relating to Registrable Securities is effective, upon written notice from the Trust to the Investor that the Trust has determined in good faith that sale of Registrable Securities pursuant to the registration statement would require disclosure by the Trust of non-public material information not otherwise required, in the judgment of the Trust, to be disclosed under applicable law, the Investor shall suspend sales of Registrable Securities pursuant to such registration statement until the earlier of (a) 45 days after the Trust makes such good faith determination and (b) such time as the Trust notifies the Investor that such material information has been disclosed to the public or has ceased to be material or that sales pursuant to such registration statement may otherwise be resumed.

Appears in 4 contracts

Samples: Registration Rights Agreement (Brandywine Operating Partnership, L.P.), Form of Registration Rights Agreement (Brandywine Realty Trust), Registration Rights Agreement (Brandywine Operating Partnership Lp /Pa)

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Information Blackout. At any time when a registration statement effected pursuant to this Section 2 relating to Registrable Securities is effective, upon written notice from the Trust to the Investor Investors that the Trust has determined in good faith that sale of Registrable Securities pursuant to the registration statement would require disclosure by the Trust of non-public material information not otherwise required, in the judgment of the Trust, to be disclosed under applicable law, the Investor Investors shall suspend sales of Registrable Securities pursuant to such registration statement until the earlier of (a) 45 30 days after the Trust makes such good faith determination and (b) such time as the Trust notifies the Investor Investors that such material information has been disclosed to the public or has ceased to be material or that sales pursuant to such registration statement may otherwise be resumed.

Appears in 2 contracts

Samples: Registration Rights Agreement (Brandywine Realty Trust), Registration Rights Agreement (Brandywine Realty Trust)

Information Blackout. At any time when a registration statement effected pursuant to this Section 2 relating to Registrable Securities is effective, upon written notice from the Trust to the Investor Investors that the Trust has determined in good faith that sale of Registrable Securities pursuant to the registration statement would require disclosure by the Trust of non-public material information not otherwise required, in the judgment of the Trust, to be disclosed under applicable law, the Investor Investors shall suspend sales of Registrable Securities pursuant to such registration statement until the earlier of (a) 45 60 days after the Trust makes such good faith determination and (b) such time as the Trust notifies the Investor Investors that such material information has been disclosed to the public or has ceased to be material or that sales pursuant to such registration statement may otherwise be resumed.

Appears in 2 contracts

Samples: Registration Rights Agreement (Brandywine Realty Trust), Registration Rights Agreement (Brandywine Realty Trust)

Information Blackout. At any time when a registration statement effected pursuant to this Section 2 relating to Registrable Securities is effective, upon written notice from the Trust to the Investor LLCs that the Trust has determined in good faith that sale of Registrable Securities pursuant to the registration statement would require disclosure by the Trust of non-public material information not otherwise required, in the judgment of the Trust, to be disclosed under applicable law, the Investor LLCs shall suspend sales of Registrable Securities pursuant to such registration statement until the earlier of (a) 45 30 days after the Trust makes such good faith determination and (b) such time as the Trust notifies the Investor LLCs that such material information has been disclosed to the public or has ceased to be material or that sales pursuant to such registration statement may otherwise be resumed.

Appears in 1 contract

Samples: Registration Rights Agreement (Brandywine Realty Trust)

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Information Blackout. At any time when a registration statement effected pursuant to this Section 2 relating to Registrable Securities is effective, upon written notice from the Trust to the Investor LLC that the Trust has determined in good faith that sale of Registrable Securities pursuant to the registration statement would require disclosure by the Trust of non-public material information not otherwise required, in the judgment of the Trust, to be disclosed under applicable law, the Investor LLC shall suspend sales of Registrable Securities pursuant to such registration statement until the earlier of (a) 45 30 days after the Trust makes such good faith determination and (b) such time as the Trust notifies the Investor LLC that such material information has been disclosed to the public or has ceased to be material or that sales pursuant to such registration statement may otherwise be resumed.

Appears in 1 contract

Samples: Registration Rights Agreement (Brandywine Realty Trust)

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