Common use of Lock-Up Arrangements Clause in Contracts

Lock-Up Arrangements. In consideration of the covenants and agreements of the Company contained herein, each Holder agrees that, in connection with any offering by the Company of its securities, whether for the account of the Company, any Holder, or any other holder of securities of the Company, such Holder shall, with respect to any Restricted Stock then held by such Holder which is not included in such offering, execute a customary "lock-up" agreement reasonably requested by the Company or, if such offering is an underwritten offering, by the underwriters in such offering; provided that the period of such agreement shall not exceed 180 days after the initial sale of securities in such offering.

Appears in 3 contracts

Samples: Registration Rights Agreement (Alon USA Energy, Inc.), Registration Rights Agreement (Alon Israel Oil Company, Ltd.), Registration Rights Agreement (Alon USA Energy, Inc.)

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Lock-Up Arrangements. In consideration of the covenants and agreements of the Company contained herein, each Holder agrees that, in connection with any offering by the Company of its securities, whether for the account of the Company, any Holder, or any other holder of securities of the Company, such Holder shall, with respect to any Restricted Stock then held by such Holder which is not included in such offering, execute a customary "β€œlock-up" ” agreement reasonably requested by the Company or, if such offering is an underwritten offering, by the underwriters in such offering; provided that the period of such agreement shall not exceed 180 90 days after the initial sale of securities in such offering.

Appears in 1 contract

Samples: Registration Rights Agreement (Alon USA Energy, Inc.)

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Lock-Up Arrangements. In consideration of the covenants and agreements of the Company contained herein, each Holder agrees that, in connection with any offering by the Company of its securities, whether for the account of the Company, any Holder, or any other holder of securities of the Company, such Holder shall, with respect to any Restricted Stock Registrable Securities then held by such Holder which is not included in such offering, execute a customary "lock-up" agreement reasonably requested by the Company or, if such offering is an underwritten offering, by the underwriters in such offering; provided provided, however, that the any such "lock-up" period of such agreement shall not exceed 180 days (plus any conditional extension period customary in such "lock-up" agreements) after the initial sale of securities in such offering.

Appears in 1 contract

Samples: Registration Rights Agreement (Delek US Holdings, Inc.)

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