Common use of Limitation on Demand Registration Clause in Contracts

Limitation on Demand Registration. Notwithstanding anything to the contrary in this Section 3.1, no 5% Stockholder may make a Registration Demand until the earliest to occur of (i) the Exchange Act Reporting Date (other than the occurrence of the Exchange Act Reporting Date due to the Company’s initial Public Offering of shares of Common Stock), (ii) the six-month anniversary of the Company’s initial Public Offering of shares of Common Stock and (iii) the date on which the Board approves the making of a Registration Demand pursuant to this Section 3.1.

Limitation on Demand Registration. Notwithstanding anything to the contrary in this Section 3.1, no 5% Stockholder may make a Registration Demand until the earliest to occur of (i) the Exchange Act Reporting Date (other than the occurrence of the Exchange Act Reporting Date due to the Company’s initial Public Offering of shares of Common Stock), (ii) the six-month anniversary of the Company’s initial Public Offering of shares of Common Stock Listing and (iiiii) the date on which the Board approves the making of a Registration Demand pursuant to this Section 3.1, provided, that, notwithstanding the foregoing, no 5% Stockholder may make a Registration Demand pursuant to Section 3.1(c) if the Company is preparing or has a Shelf Registration Statement on file with the SEC in accordance with Section 3.1(d).

Limitation on Demand Registration. Notwithstanding anything to the contrary in this Section 3.1, no 5% Stockholder may make a Registration Demand until the earliest to occur of (i) the Exchange Act Reporting Date (other than the occurrence of the Exchange Act Reporting Date due to the Company’s initial Public Offering of shares of Common Stock), (ii) the six-month anniversary of the Company’s initial Public Offering of shares of Common Stock Listing and (iiiii) the date on which the Board approves the making of a Registration Demand pursuant to this Section 3.1, provided, that, notwithstanding the foregoing, a 5% Stockholder may only make a Registration Demand pursuant to Section 3.1(c) if the Company is preparing or has a Shelf Registration Statement on file with the SEC in accordance with Section 3.1(d).