Common use of Issuer Incidental Registration Clause in Contracts

Issuer Incidental Registration. At any time after the Closing, in connection with either the Initial Registration or, if applicable, the Demand Registration (but not in connection with the Final Registration), the Issuer shall have the right, subject to the limitations set forth in Section 6.9, to register Issuer Securities or securities for the account of any stockholder of the Issuer other than the Stockholder; provided, however, that (i) the Issuer shall not include any securities for the account of another Person (other than pursuant to the Comcast Registration Rights Agreement) if inclusion of such securities will adversely affect the relevant Disposition in any material respect (it being understood that any potential or actual reductions pursuant to Section 6.9 shall not be considered in the determination of any such adverse effect), and (ii) the Issuer shall not include any securities of the Issuer for the account of any Person other than the Stockholder unless such Person accepts the terms of the underwritten offering as agreed upon between the Managing Underwriters and the Stockholder.

Appears in 6 contracts

Samples: Registration Rights and Sale Agreement (Comcast Corp), Asset Purchase Agreement (Adelphia Communications Corp), Registration Rights and Sale Agreement (Time Warner Inc)

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