Common use of No Registration Rights to Third Parties Clause in Contracts

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) of the number of Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this Agreement, or otherwise) relating to any securities of the Company which are senior to those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 5 contracts

Samples: Registration Rights Agreement (Blackstone Tactical Opportunities Management Associates (Cayman) - NQ L.P.), Investment Agreement (Blackstone Tactical Opportunities Management Associates (Cayman) - NQ L.P.), Investment Agreement (VNET Group, Inc.)

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No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) of the number of Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this AgreementSection 4, or otherwise) relating to any securities of the Company which are senior to to, or on a parity with, those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the BoardBoard (including the consent of the Preferred Directors), the Company shall grant such superior registration right to the Holders as well.

Appears in 2 contracts

Samples: Shareholder Agreement (Uxin LTD), Shareholder Agreement (Uxin LTD)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) of the number of Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this Agreement, or otherwise) relating to any securities of the Company which are senior to those granted to the Holders holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Puxin LTD), Convertible Note Purchase Agreement (Puxin LTD)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) of the number of Registrable Securities then outstandingPreferred Supermajority, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this AgreementSection 3, or otherwise) relating to any securities of the Company which are senior to to, or on a parity with, those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 2 contracts

Samples: Shareholder Agreements (Uxin LTD), Shareholder Agreements (Uxin LTD)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) a majority of the number of Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this AgreementSection 4, or otherwise) relating to any securities of the Company which are senior to those granted to the Holders of Registrable SecuritiesCompany. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 2 contracts

Samples: Shareholder Agreement (9F Inc.), Shareholder Agreement (9F Inc.)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) of the number of Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this AgreementSchedule, or otherwise) relating to any securities of the Company which are senior to to, or on a parity with, those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (58.com Inc.), Convertible Note Purchase Agreement (Warburg Pincus & Co.)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) a majority of the number of Registrable Securities then outstandingThen Outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 F- 3 or Form S-3 registration rights described in this AgreementSection 3, or otherwise) relating to any securities of the Company which are senior to to, or on a parity with, those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 1 contract

Samples: Shareholders Agreement (NaaS Technology Inc.)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) of the number of Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demandDemand Registration, “piggyback” Piggyback Registration or Form F-3 or Form S-3 registration Shelf Registration rights described in this Agreement, or otherwise) relating to any securities of the Company which are senior to those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 1 contract

Samples: Registration Rights Agreement (Peak Bio, Inc.)

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No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) a majority of the number of Registrable Securities then outstandingSecurities, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demandDemand Registration, “piggyback” the Piggyback Registration or Form F-3 or Form S-3 registration rights described in this Agreement, or otherwise) relating to any securities of the Company which are senior to to, or on a parity with, those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall be deemed to automatically grant such superior registration right to the Holders as well.

Appears in 1 contract

Samples: Registration Rights Agreement (Meili Auto Holdings LTD)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) of the number of Registrable Securities then outstandingNotes based on the outstanding principal amount, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this AgreementSchedule, or otherwise) relating to any securities of the Company which are senior to those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (21Vianet Group, Inc.)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) a simple majority of the number of Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this AgreementSection 3, or otherwise) relating to any securities of the Company which are senior to to, or on a parity with, those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the BoardBoard (including the consent of the Series A-2 Director), the Company shall grant such superior registration right to the Holders as well.

Appears in 1 contract

Samples: Shareholder Agreement (Jumei International Holding LTD)

No Registration Rights to Third Parties. Without the prior written consent of the Holders of at least sixty percent (60%) a majority of the number of Registrable Securities then outstandingPreferred Shares (voting as a separate class on an as-converted basis), the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this AgreementSection 3, or otherwise) relating to any securities of the Company which are senior to to, or on a parity with, those granted to the Holders of Registrable Securities. In any event, if the Company grants to any holder of the Company’s security any registration right of any nature that are superior to the Holders, as determined in good faith by the Board, the Company shall grant such superior registration right to the Holders as well.

Appears in 1 contract

Samples: Shareholder Agreement (Meili Auto Holdings LTD)

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