OTHER DEMAND REGISTRATIONS. If any of the Registrable Securities included in any Demand Registration other than the Initial CNET Demand are to be sold in an Underwritten Offering, the Holders holding a majority of the Registrable Securities included in the Demand Notice may select an investment banker or investment bankers and manager or managers to manage the Underwritten Offering. If any Piggyback Registration is an Underwritten Offering, NBCi will have the exclusive right to select the investment banker or investment bankers and managers to administer the offering. Each party hereto agrees that, in connection with any Underwritten Offering hereunder, it shall undertake to offer customary indemnification to the participating underwriters. No Holder of Registrable Securities shall be entitled to participate in an Underwritten Offering unless such Holder enters into, and performs its obligations under, one or more underwriting agreements and any related agreements and documents in the form that such Holder shall agree to with the lead managing underwriter of the transaction. If any Holder disapproves of the terms of any underwriting, it may elect, prior to the execution of any underwriting agreement, to withdraw therefrom by written notice to NBCi and the lead managing underwriter.
Appears in 3 contracts
Samples: Registration Rights Agreement (NBC Internet Inc), Registration Rights Agreement (NBC Internet Inc), Registration Rights Agreement (General Electric Co)
OTHER DEMAND REGISTRATIONS. If any of the Registrable -------------------------- Securities included in any Demand Registration other than the Initial CNET Demand are to be sold in an Underwritten Offering, the Holders holding a majority of the Registrable Securities included in the Demand Notice may select an investment banker or investment bankers and manager or managers to manage the Underwritten Offering. If any Piggyback Registration is an Underwritten Offering, NBCi will have the exclusive right to select the investment banker or investment bankers and managers to administer the offering. Each party hereto agrees that, in connection with any Underwritten Offering hereunder, it shall undertake to offer customary indemnification to the participating underwriters. No Holder of Registrable Securities shall be entitled to participate in an Underwritten Offering unless such Holder enters into, and performs its obligations under, one or more underwriting agreements and any related agreements and documents in the form that such Holder shall agree to with the lead managing underwriter of the transaction. If any Holder disapproves of the terms of any underwriting, it may elect, prior to the execution of any underwriting agreement, to withdraw therefrom by written notice to NBCi and the lead managing underwriter.
Appears in 1 contract