Common use of Limitations Regarding Piggyback Registrations Clause in Contracts

Limitations Regarding Piggyback Registrations. If the Company, at any time after giving written notice under Section 4.1 of its intention to register Common Stock and prior to the effectiveness of the registration statement filed in connection with such registration, determines for any reason either not to effect such registration or to delay such registration, the Company may, at its election, by the delivery of written notice to each Holder, (i) in the case of a determination not to effect registration, relieve itself of its obligation to register the Piggyback Registrable Securities in connection with such registration, or (ii) in the case of a determination to delay the registration, delay the registration of such Piggyback Registrable Securities for the same period as the delay in the registration of such other shares of Common Stock.

Appears in 3 contracts

Samples: Operating Agreement (Parkway Properties Inc), Operating Agreement (Pacific Gulf Properties Inc), Operating Agreement (Pacific Gulf Properties Inc)

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Limitations Regarding Piggyback Registrations. If the Company, at any time after giving written notice under Section 4.1 3.1 of its intention to register Common Stock and prior to the effectiveness of the registration statement filed in connection with such registration, determines for any reason consistent herewith either not to effect such registration or to delay such registration, the Company may, at its election, by the delivery of written notice to each Holder, (i) in the case of a determination not to effect registration, relieve itself of its obligation to register the Piggyback Registrable Securities in connection with such registration, or (ii) in the case of a determination to delay the registration, delay the registration of such Piggyback Registrable Securities for the same period as the delay in the registration of such other shares of Common Stock.Registrable

Appears in 1 contract

Samples: Operating Agreement (Lexington Corporate Properties Inc)

Limitations Regarding Piggyback Registrations. If the Company, at any time after giving written notice under Section 4.1 3.1 of its intention to register Common Stock and prior to the effectiveness of the registration statement filed in connection with such -7- 172 registration, determines for any reason consistent herewith either not to effect such registration or to delay such registration, the Company may, at its election, by the delivery of written notice to each Holder, (i) in the case of a determination not to effect registration, relieve itself of its obligation to register the Piggyback Registrable Securities in connection with such registration, or (ii) in the case of a determination to delay the registration, delay the registration of such Piggyback Registrable Securities for the same period as the delay in the registration of such other shares of Common Stock.

Appears in 1 contract

Samples: Operating Agreement (Lexington Corporate Properties Trust)

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Limitations Regarding Piggyback Registrations. If the Company, at any time after giving written notice under Section 4.1 3.1 of its intention to register Common Stock and prior to the effectiveness of the registration statement filed in connection with such registration, determines for any reason consistent herewith either not to effect such registration or to delay such registration, the Company may, at its election, by the delivery of written notice to each Holder, (i) in the case of a determination not to effect registration, relieve itself of its obligation to register the Piggyback Registrable Securities in connection with such registration, or (ii) in the case of a determination to delay the registration, delay the registration of such Piggyback Registrable Securities for the same period as the delay in the registration of such other shares of Common Stock.

Appears in 1 contract

Samples: Operating Agreement (Lexington Corporate Properties Trust)

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