Common use of LIMITATION ON OBLIGATIONS TO REGISTER Clause in Contracts

LIMITATION ON OBLIGATIONS TO REGISTER. (a) In the case of a Piggyback Registration involving an underwritten public offering by the Company, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the Company, then the number of such Registrable Securities to be included in the registration statement, to the extent such Registrable Securities may be included in such Piggyback Registration Statement, shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of Registrable Securities which each such Holder, including Dunwoody, seeks to register bears to the total number of Registrable Securities sought to be included by all Holders, including Dunwoody. If required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable agreement limiting the number of Registrable Securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable Securities.

Appears in 2 contracts

Samples: Registration Rights Agreement (Hartcourt Companies Inc), Registration Rights Agreement (Ancor Communications Inc /Mn/)

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LIMITATION ON OBLIGATIONS TO REGISTER. (a) In the case of a Piggyback Registration involving on an underwritten public offering by the Company, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the Company, then the number of such Registrable Securities to be included in the registration statement, to the extent such Registrable Securities may be included in such Piggyback Registration Statement, Statement shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of Registrable Securities which each such Holder, including DunwoodySwarxx, seeks xxeks to register bears to the total number of Registrable Securities sought to be included by all Holders, including DunwoodySwarxx. If Xx required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable agreement limiting the number of Registrable Securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable Securities.the

Appears in 2 contracts

Samples: Registration Rights Agreement (Aureal Semiconductor Inc), Registration Rights Agreement (Viragen Inc)

LIMITATION ON OBLIGATIONS TO REGISTER. (a) In the case of a Piggyback Registration involving on an underwritten public offering by the CompanyFNet, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities securities of the Holders' proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the CompanyFNet, then the number of such Registrable Securities securities to be included in the registration statement, to the extent such Registrable Securities securities may be included in such Piggyback Registration Statement, Statement shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of FNet Registrable Securities which each such Holder, including Dunwoody, Holder seeks to register bears to the total number of Registrable Securities such securities sought to be included by all Holders, including Dunwoody. If required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable an agreement in customary form reasonably limiting the number of Registrable Securities such securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable Securitiessecurities.

Appears in 2 contracts

Samples: Franklin Telecommunications Corp, Franklin Telecommunications Corp

LIMITATION ON OBLIGATIONS TO REGISTER. (a) In the case of a Piggyback Registration involving an underwritten public offering by the Company, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the Company, then the number of such Registrable Securities to be included in the registration statement, to the extent such Registrable Securities may be included in such Piggyback Registration Statement, shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of Registrable Securities which each such Holder, including Dunwoody, Holder seeks to register bears to the total number of Registrable Securities sought to be included by all Holders, including Dunwoody. If required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable agreement limiting the number of Registrable Securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable Securities.

Appears in 1 contract

Samples: Registration Rights Agreement (Techniclone Corp/De/)

LIMITATION ON OBLIGATIONS TO REGISTER. 4 (a) In the case of a Piggyback Registration involving on an underwritten public offering by the Company, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the Company, then the number of such Registrable Securities to be included in the registration statement, to the extent such Registrable Securities may be included in such Piggyback Registration Statement, Statement shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of Registrable Securities which each such Holder, including Dunwoody, seeks to register bears to the total number of Registrable Securities sought to be included by all Holders, including Dunwoody. If required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable agreement limiting the number of Registrable Securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable Securities.

Appears in 1 contract

Samples: Registration Rights Agreement (Aureal Semiconductor Inc)

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LIMITATION ON OBLIGATIONS TO REGISTER. (a) In the case of a Piggyback Registration involving on an underwritten public offering by the Company, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the Company, then the number of such Registrable Securities to be included in the registration statement, if any, to the extent such Registrable Securities may be included in such Piggyback Registration Statement, Statement shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of Registrable Securities which each such Holder, including DunwoodyXxxxxx, seeks to register bears to the total number of Registrable Securities sought to be included by all Holders, including DunwoodyXxxxxx. If required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable agreement limiting the number of Registrable Securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable SecuritiesStatement.

Appears in 1 contract

Samples: Registration Rights Agreement (Ea Industries Inc /Nj/)

LIMITATION ON OBLIGATIONS TO REGISTER. (a) In the case of a Piggyback Registration involving on an underwritten public offering by the Company, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the Company, then the number of such Registrable Securities to be included in the registration statement, to the extent such Registrable Securities may be included in such Piggyback Registration Statement, Statement shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of Registrable Securities which each such Holder, including DunwoodyXxxxxx, seeks to register bears to the total number of Registrable Securities sought to be included by all Holders, including DunwoodyXxxxxx. If required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable an agreement in customary form reasonably limiting the number of Registrable Securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable SecuritiesSecurities included in such registration statement.

Appears in 1 contract

Samples: Series C Registration Rights Agreement (Franklin Telecommunications Corp)

LIMITATION ON OBLIGATIONS TO REGISTER. (a) In the case of a Piggyback Registration involving on an underwritten public offering by the Company, if the managing underwriter determines and advises in writing that the inclusion in the registration statement of all Registrable Securities proposed to be included would interfere with the successful marketing of the securities proposed to be registered by the Company, then the number of such Registrable Securities to be included in the registration statement, to the extent such Registrable Securities may be included in such Piggyback Registration Statement, Statement shall be allocated among all Holders who had requested Piggyback Registration pursuant to the terms hereof, in the proportion that the number of Registrable Securities which each such Holder, including DunwoodySwarxx, seeks xxeks to register bears to the total number of Registrable Securities sought to be included by all Holders, including DunwoodySwarxx. If Xx required by the managing underwriter of such an underwritten public offering, the Holders shall enter into a reasonable agreement limiting the number of Registrable Securities to be included in such Piggyback Registration Statement and the terms, if any, regarding the future sale of such Registrable Securities.

Appears in 1 contract

Samples: Registration Rights Agreement (Viragen Inc)

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