Marketing Limitation in Piggyback Registration. In the event the Underwriter's Representative advises the Company that market factors require a limitation of the number of shares to be underwritten, the Underwriter's Representative may (subject to the allocation priority set forth in subsection 3.2.3) exclude those Registrable Securities in excess of 10% of the shares to be Registered.
Appears in 2 contracts
Samples: Registration Rights Agreement (Itron Inc /Wa/), Registration Rights Agreement (Houston Industries Inc)
Marketing Limitation in Piggyback Registration. In the event If the Underwriter's Representative advises the Company that market factors require a limitation of the number of shares to be underwritten, the Underwriter's Representative may (subject to the allocation priority set forth in subsection 3.2.3) exclude those Registrable Securities in excess of 10% of from the shares to be RegisteredRegistration.
Appears in 2 contracts
Samples: Registration Rights Agreement (Gargoyles Inc), Registration Rights Agreement (Gargoyles Inc)