Common use of Managing Underwriter Clause in Contracts

Managing Underwriter. The managing underwriter or underwriters of any Underwritten Offering covered by a Demand Registration shall be selected by a majority in interest of the Eligible Holders participating in such Underwritten Offering and shall be reasonably acceptable to the Company. The right of any other Holders joining in a request for registration as provided in Section 2(d) above to registration pursuant to this Section 2 shall be conditioned upon such Holder's participation in such underwriting and the inclusion of such Holder's Registrable Securities in the underwriting on the same terms as those of the Initiating Holder (unless otherwise mutually agreed by a majority in interest of the Eligible Holders participating in such registration and such Holder with respect to such participation and inclusion).

Appears in 8 contracts

Samples: Securities Purchase Agreement (Fieldworks Inc), Securities Purchase Agreement (Fieldworks Inc), Securities Purchase Agreement (Glenmount International L P)

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