Common use of Notifications Regarding Registration Statements Clause in Contracts

Notifications Regarding Registration Statements. In order for a Blackstone Entity or a Co-Investor (after the expiration of the Coordination Period) to exercise its right to demand that a registration statement be filed, it must so notify the IPO Entity in writing indicating the number of Registrable Securities sought to be registered and the proposed plan of distribution. The IPO Entity will keep the Holders contemporaneously apprised of any registration or shelf takedown of Shares, with respect to which a piggyback right provided under this Agreement is available in order that they may have a reasonable opportunity to exercise their related piggyback rights. Without limiting the IPO Entity’s obligation as described in the preceding sentence, having a reasonable opportunity requires that the Holders be notified by the IPO Entity of an anticipated filing of a registration statement (whether pursuant to a demand made by a Blackstone Entity or a Co-Investor or at the IPO Entity’s own initiative) no later than 5:00 pm, New York City time, on the date that is ten Business Days prior to the date on which the registration statement is intended to be filed. Each Investor and the IPO Entity agrees to use its good faith efforts to provide advance notice as soon as reasonably practicable to the Investors of such first Investor’s or the IPO Entity’s intention to file or cause the filing of a registration statement; provided, however, that none of the Investors or the IPO Entity shall be obligated hereby to provide any such advance notice and, if provided, such advance notice shall not be binding in any respect. (a) Subject to any required public disclosure and applicable legal requirements, the parties will maintain the confidentiality of these discussions.

Appears in 4 contracts

Samples: Registration Rights Agreement, Registration Rights Agreement (Alight Inc. / DE), Registration Rights Agreement (Alight Inc. / DE)

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Notifications Regarding Registration Statements. In order for a Blackstone Entity or a Co-Investor (after the expiration of the Coordination Period) Requesting Holder to exercise its right to demand that a registration statement be filedfiled or that an underwritten shelf takedown occur, it such Requesting Holder must so notify the IPO Entity Company in writing indicating the number of Registrable Securities sought to be registered or taken down and the proposed plan of distribution. The IPO Entity Company will keep the Holders Investors contemporaneously apprised of all pertinent aspects of its pursuit of any Public Offering or other registration or underwritten shelf takedown of SharesRegistrable Securities, as the case may be, whether pursuant to a demand by a Requesting Holder or otherwise, with respect to which a piggyback right provided under this Agreement opportunity is available in order that they may have a reasonable opportunity to exercise their related piggyback rights. Without limiting the IPO EntityCompany’s obligation as described in the preceding sentence, having a reasonable opportunity requires that the Holders Investors be notified by the IPO Entity Company of an anticipated filing of a registration statement (whether pursuant to a demand made by a Blackstone Entity or a Co-Investor Requesting Holder or at the IPO EntityCompany’s own initiativeinitiative or at the initiative of other holders not party to this Agreement) no later than 5:00 pm, New York City time, on the date that is ten two Business Days prior to the date on which the registration statement is intended to be filed. Each Investor Requesting Holder and the IPO Entity Company agrees to use its good faith efforts to provide advance notice as soon as reasonably practicable to the Investors of such first InvestorRequesting Holder’s or the IPO EntityCompany’s intention to file or cause the filing of a registration statement; provided, however, that none of the Investors Requesting Holders or the IPO Entity Company shall be obligated hereby to provide any such advance notice notice, and, if provided, such advance notice shall not be binding in any respect. (a) . Subject to any required public disclosure and subject to applicable legal requirements, the parties hereto will maintain the confidentiality of these discussions.

Appears in 2 contracts

Samples: Registration Rights Agreement (Bumble Inc.), Registration Rights Agreement (Bumble Inc.)

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