Common use of Limitation on Piggyback Registration Rights Clause in Contracts

Limitation on Piggyback Registration Rights. Anything to the contrary contained in this Agreement notwithstanding, when, in the opinion of outside securities counsel for Buyer, the registration of the Registrable Securities is not required by the Securities Act in connection with a proposed sale of such Registrable Securities, the Holders shall have no rights pursuant to Article III, Section 3 to request a piggyback registration in connection with such proposed sale and Buyer shall promptly provide to the transfer agent and the Holder’s or Holders’ broker or brokers in connection with any sale transaction an opinion to that effect.

Limitation on Piggyback Registration Rights. Anything to the contrary contained in this Agreement notwithstanding, when, in the opinion of reputable outside securities counsel for BuyerNewport, the registration of the Registrable Securities is not required by the Securities Act in connection with a proposed sale of such Registrable Securities, the Holders shall have no rights pursuant to Article III, Section 3 4 to request a piggyback registration in connection with such proposed sale and Buyer Newport shall promptly provide to the transfer agent and the Holder’s 's or Holders’ ' broker or brokers in connection with any sale transaction an opinion to that effect.

Limitation on Piggyback Registration Rights. Anything to the contrary contained in this Agreement notwithstanding, when, in the opinion of reputable outside securities counsel for BuyerNewport, the registration of the Registrable Securities is not required by the Securities Act in connection with a proposed sale of such Registrable Securities, the Holders shall have no rights pursuant to Article III, Section 3 4 to request a piggyback registration in connection with such proposed sale and Buyer Newport shall promptly provide to the transfer agent and the Holder’s or Holders’ broker or brokers in connection with any sale transaction an opinion to that effect.

Limitation on Piggyback Registration Rights. Anything to the contrary contained in this Agreement notwithstanding, when, in the opinion of outside securities counsel for Buyer, the registration of the Registrable Securities is not required by the Securities Act in connection with a proposed sale of such Registrable Securities, the Holders shall have no rights pursuant to Article III, Section 3 to request a piggyback registration in connection with such proposed sale and Buyer shall promptly provide to the transfer agent and the Holder’s 's or Holders’ ' broker or brokers in connection with any sale transaction an opinion to that effect.