Common use of Obligations of Holders Clause in Contracts

Obligations of Holders. In connection with and as a condition to the Company's obligations with respect to a Registration Statement pursuant to Sections 2 and 3 hereof and this Section 4, each Holder agrees that (i) it will not offer or sell its Registrable Securities under the Registration Statement until it has received copies of the supplemental or amended Prospectus contemplated by Section 4(a)(ii) hereof and receives notice that any post-effective amendment has become effective; and (ii) upon receipt of any notice from the Company of the happening of any event of the kind described in Section 4(a)(iv)(C) hereof, such Holder will forthwith discontinue disposition of Registrable Securities pursuant to a Registration Statement until such Holder receives copies of the supplemented or amended Prospectus contemplated by Section 4(a)(vii) hereof and receives notice that any post-effective amendment has become effective, and, if so directed by the Company, such Holder will deliver to the Company (at the expense of the Company) all copies in its possession, other than permanent file copies then in such Holder's possession, of the Prospectus covering such Registrable Securities current at the time of receipt of such notice. Each Holder will furnish to the Company all information relating to the Holder required by the Securities Act to be included in the Registration Statement. The Company may require, as a condition to fulfilling its obligations to register the Registrable Securities under Sections 2 or 3 hereof, that the Holders execute reasonable and customary indemnification agreements for the benefit of the underwriters of the registration; provided, however, that the Holders may not be required to indemnify the Company's underwriters except with respect to information relating to the Holders furnished by the Holders for use in such Registration Statement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Wellsford Real Properties Inc), Registration Rights Agreement (Equity Residential Properties Trust)

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Obligations of Holders. In connection with and as a condition to the Company's obligations with respect to a Registration Statement pursuant to Sections 2 and 3 hereof and this Section 4, each Holder agrees that (i) it will not offer or sell its Registrable Securities under the Registration Statement until it has received copies of the supplemental or amended Prospectus contemplated by Section 4(a)(ii) hereof and receives notice that any post-post- effective amendment has become effective; and (ii) upon receipt of any notice from the Company of the happening of any event of the kind described in Section 4(a)(iv)(C) hereof, such Holder will forthwith discontinue disposition of Registrable Securities pursuant to a Registration Statement until such Holder receives copies of the supplemented or amended Prospectus contemplated by Section 4(a)(vii) hereof and receives notice that any post-effective amendment has become effective, and, if so directed by the Company, such Holder will deliver to the Company (at the expense of the Company) all copies in its possession, other than permanent file copies then in such Holder's possession, of the Prospectus covering such Registrable Securities current at the time of receipt of such notice. Each Holder will furnish to the Company all information relating to the Holder required by the Securities Act to be included in the Registration Statement. The Company may require, as a condition to fulfilling its obligations to register the Registrable Securities under Sections 2 or 3 hereof, that the Holders execute reasonable and customary indemnification agreements for the benefit of the underwriters of the registration; provided, however, that the Holders may not be required to indemnify the Company's underwriters except with respect to information relating to the Holders furnished by the Holders for use in such Registration Statement.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Equity Residential Properties Trust), Tax Sharing Agreement (Equity Residential Properties Trust)

Obligations of Holders. In connection with and as a condition to the Company's obligations with respect to a Registration Statement pursuant to Sections 2 and 3 hereof and this Section 4, each Holder agrees that (i) it will not offer or sell its Registrable Securities under the Registration Statement until it has received copies of the supplemental or amended Prospectus contemplated by Section 4(a)(ii) hereof and receives notice that any post-effective amendment has become effective; and (ii) upon receipt of any notice from the Company of the happening of any event of the kind described in Section 4(a)(iv)(C) hereof, such Holder will forthwith discontinue disposition of Registrable Securities pursuant to a Registration Statement until such Holder receives copies of the supplemented or amended Prospectus contemplated by Section 4(a)(vii) hereof 77 and receives notice that any post-effective amendment has become effective, and, if so directed by the Company, such Holder will deliver to the Company (at the expense of the Company) all copies in its possession, other than permanent file copies then in such Holder's possession, of the Prospectus covering such Registrable Securities current at the time of receipt of such notice. Each Holder will furnish to the Company all information relating to the Holder required by the Securities Act to be included in the Registration Statement. The Company may require, as a condition to fulfilling its obligations to register the Registrable Securities under Sections 2 or 3 hereof, that the Holders execute reasonable and customary indemnification agreements for the benefit of the underwriters of the registration; provided, however, that the Holders may not be required to indemnify the Company's underwriters except with respect to information relating to the Holders furnished by the Holders for use in such Registration Statement.

Appears in 1 contract

Samples: Common Stock and Preferred Stock Purchase Agreement (Wellsford Real Properties Inc)

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Obligations of Holders. (a) In connection the event that IntriCon complies with the Sale Transaction Provisions, and as a condition to the Company's obligations United and IntriCon thereafter enter into an agreement with respect to a Registration Statement pursuant Sale Transaction that is submitted to Sections 2 and 3 hereof and this Section 4the shareholders of IntriCon for a vote (the “Sale Transaction Agreement”), each Holder agrees with United that he will be required to (1) vote such Holder’s Shares of capital stock in favor thereof, and otherwise consent to and raise no objection to such transaction, and waive any dissenters’ rights, appraisal rights or similar rights that such Holder may have in connection therewith, and (2) sell such Holder’s Shares, and take all necessary and desirable actions as directed by the Board of Directors of IntriCon, in connection with the consummation of such Sale Transaction, including, to the extent applicable, granting consents to such Sale Transaction under other agreements between IntriCon and Holders (it being understood that a Holder is not required under this Agreement to waive any rights he may have under a lease agreement, employment agreement, benefit plan or other agreement with IntriCon) or voting the Shares of such Holders in favor of such Sale Transaction in votes (whether at a meeting of shareholders or by written consent) provided for under IntriCon's charter documents, executing a purchase agreement and selling, exchanging or otherwise transferring all of the shares of IntriCon’s capital stock (or warrants or other rights to subscribe for or purchase capital stock) held by such Holders. Anything in this Agreement to the contrary, if subsequent to the date of the Sale Transaction Agreement, the Board of Directors determines after complying with the Sale Transaction Provisions (i) it will not offer to accept or recommend a Superior Proposal (as hereinafter defined), then the Holders may vote for and sell its Registrable Securities under the Registration Statement until it has received copies of the supplemental their Shares in such Superior Proposal; or amended Prospectus contemplated by Section 4(a)(ii) hereof and receives notice that any post-effective amendment has become effective; and (ii) upon receipt of any notice from terminate, or withdraw its recommendation of, the Company of Sales Transaction Agreement (to the happening of any event of extent permitted by the kind described in Section 4(a)(iv)(C) hereofSales Transaction Agreement), such Holder will forthwith discontinue disposition of Registrable Securities then the Holders need not vote for or sell their shares pursuant to a Registration Statement until such Holder receives copies of the supplemented or amended Prospectus contemplated by Section 4(a)(vii) hereof and receives notice that any post-effective amendment has become effective, and, if so directed by the Company, such Holder will deliver to the Company (at the expense of the Company) all copies in its possession, other than permanent file copies then in such Holder's possession, of the Prospectus covering such Registrable Securities current at the time of receipt of such noticeSales Transaction Agreement. Each Holder will furnish to the Company all information relating to the Holder required by the Securities Act to be included in the Registration Statement. The Company may require, as a condition to fulfilling its obligations to register the Registrable Securities under Sections 2 or 3 hereof, that the Holders execute reasonable and customary indemnification agreements for the benefit of the underwriters of the registration; provided, however, that the Holders may not be required to indemnify the Company's underwriters except with respect to information relating to the Holders furnished by the Holders for use in such Registration Statement.

Appears in 1 contract

Samples: Shareholders Agreement (Intricon Corp)

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