Common use of Multiple Demands Clause in Contracts

Multiple Demands. If the Company shall receive, within a period of 30 days, a request to file a registration statement from more than one Person who has the contractual right (whether exercisable alone or in conjunction with other rights) to require the Company to file a registration statement, all such requesting Persons shall be considered "Demand Holders" for purposes of this Article VIII; provided, that if the first request received by the Company is from any Demand Holder pursuant to Section 8.1(a), then only the Demand Holder shall be considered a "Demand Holder" and no other Person who has tendered a request shall be deemed to have requested registration of such Person's Registrable Securities for purposes of this Agreement. In the event the Company shall receive a request for a Demand Registration from any Persons (including a Demand Holder) who have the contractual right to cause the Company to do so, the Company shall promptly (and in any event within 5 days after its receipt of such request) notify all Demand Holders thereof.

Appears in 2 contracts

Samples: Stockholders Agreement (Aki Holding Corp), Stockholders Agreement (Aki Inc)

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Multiple Demands. If the Company shall receive, within a period of 30 15 days, a request to file a registration statement from more than one Person who has the contractual right (whether exercisable alone or in conjunction with other rights) to require the Company to file a registration statementstatement (whether or not such Person is a Demand Holder), all such requesting Persons shall be considered "Demand Holders" for purposes of this Article VIII; provided, that if only the first request received by such Person requesting the Company is from any Demand Holder pursuant to Section 8.1(a), then only the Demand Holder file a registration statement shall be considered a "Requesting Holder for the purposes of determining the number of Demand Holder" Requests that may be made by such Person pursuant to this Section 2, and no all other Person who has tendered a request Persons making such requests shall be deemed to have requested registration considered a Requesting Holder for all purposes other than determining the number of Demand Requests made by such Person's Registrable Securities for purposes of this Agreement. In the event the Company shall receive a request for to file a Demand Registration Statement from any Persons Person (including a Demand Holder) who have has the contractual right to cause the Company to do so, the Company shall promptly (and in any event within 5 five days after its receipt of such request) notify all Demand Holders thereof.

Appears in 2 contracts

Samples: Stockholders Agreement (TNPC Inc), Stockholders Agreement (Christina Bank & Trust Co)

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