Common use of Opt-Out Notice Clause in Contracts

Opt-Out Notice. Any Holder may deliver written notice (an “Opt Out Notice”) to the Corporation requesting that such Holder not receive notice from the Corporation of any proposed Underwritten Offering or of any blackout periods contemplated by Section 2.01(c). Such Opt Out Notice shall contain a covenant that the Holder will not attempt to effect any sales under the Shelf Registration Statement while the Opt Out Notice is in effect; however such Holder may make sales under Rule 144. Any Holder that delivers an Opt Out Notice may later revoke any such notice.

Appears in 2 contracts

Samples: Registration Rights Agreement (PBF Energy Inc.), Registration Rights Agreement (PBF Energy Inc.)

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Opt-Out Notice. Any At any time, any Holder may deliver written notice (an “Opt Opt-Out Notice”) to the Corporation Company requesting that such Holder not receive notice from the Corporation Company of any proposed Underwritten Offering or of any blackout periods contemplated by Section 2.01(c). Such Opt Out Notice shall contain a covenant underwritten offering; provided, however, that the Holder will not attempt to effect any sales under the Shelf Registration Statement while the Opt Out Notice is in effect; however such Holder may make sales under Rule 144. Any Holder that delivers an Opt Out Notice may later revoke any such noticeOpt-Out Notice in writing. Following receipt of an Opt-Out Notice from a Holder (unless subsequently revoked), the Company shall not, and shall not be required to, deliver any notice to such Holder pursuant to Section 3.1.

Appears in 1 contract

Samples: Stockholders' Agreement (Independence Contract Drilling, Inc.)

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Opt-Out Notice. Any At any time, any Holder may deliver written notice (an “Opt Opt-Out Notice”) to the Corporation Company requesting that such Holder not receive notice from the Corporation Company of any proposed Underwritten Offering or of any blackout periods contemplated by Section 2.01(c). Such Opt Out Notice shall contain a covenant underwritten offering; provided, however, that the Holder will not attempt to effect any sales under the Shelf Registration Statement while the Opt Out Notice is in effect; however such Holder may make sales under Rule 144. Any Holder that delivers an Opt Out Notice may later revoke any such notice.Opt-Out Notice in writing. Following receipt of an Opt-Out Notice from a Holder (unless subsequently revoked), the Company shall not, and shall not be required to, deliver any notice to such Holder pursuant to Section 3.1. Article IV

Appears in 1 contract

Samples: Stockholders' Agreement (Independence Contract Drilling, Inc.)

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