Common use of Participation in Underwritten Piggyback Registration Clause in Contracts

Participation in Underwritten Piggyback Registration. If any Piggyback Registration is to be an underwritten offering, no Holder may participate in such registration statement hereunder unless such Holder (x) agrees to sell such Holder’s Registrable Shares on the basis provided in any underwriting arrangements approved by the Company and (y) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements, and other documents reasonably required under the terms of such underwriting arrangements; provided, however, that no such Holder shall be required to make any representations or warranties in connection with any such registration other than representations and warranties on the same basis as other similar situated selling stockholders as to (i) such Holder’s ownership of his or its Registrable Shares to be sold or transferred free and clear of all Liens, (ii) such Holder’s power and authority to effect such transfer, and (iii) such matters pertaining to compliance with securities laws and other applicable laws and governmental rules and regulations, if any, as may be reasonably requested; provided further, however, that the obligation of such Holder to indemnify pursuant to any such underwriting arrangements shall be several, not joint and several, among such Holders selling securities, and the liability of each such Holder will be in proportion to, and provided further that such liability will be limited to, the net amount received by such Holder from the sale of his or its Registrable Shares pursuant to such registration.

Participation in Underwritten Piggyback Registration. If any Piggyback Registration is to be an underwritten offering, no Holder may participate in such registration statement hereunder unless such Demand Holder (x) agrees to sell such Holder’s 's Registrable Shares on the basis provided in any underwriting arrangements approved by the Company and (y) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements, and other documents reasonably required under the terms of such underwriting arrangements; provided, however, that no such Holder shall be required to make any representations or warranties in connection with any such registration other than representations and warranties on the same basis as other similar situated selling stockholders as to (i) such Holder’s 's ownership of his or its Registrable Shares to be sold or transferred free and clear of all Liens, (ii) such Holder’s 's power and authority to effect such transfer, and (iii) such matters pertaining to compliance with securities laws and other applicable laws and governmental rules and regulations, if any, as may be reasonably requested; provided further, however, that the obligation of such Holder to indemnify pursuant to any such underwriting arrangements shall be several, not joint and several, among such Holders selling securities, and the liability of each such Holder will be in proportion to, and provided further that such liability will be limited to, the net amount received by such Holder from the sale of his or its Registrable Shares pursuant to such registration.

Participation in Underwritten Piggyback Registration. If any Piggyback Registration is to be an underwritten offeringoffering or is for the purpose of registering the offer and resale of securities in a so-called “PIPE” private placement transaction, no Holder may participate in such registration statement hereunder unless such Holder (x) agrees to sell such Holder’s Registrable Shares Securities on the basis provided in any underwriting or placement arrangements approved by the Company Registrant and (y) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements, and other documents reasonably required under the terms of such underwriting arrangements; provided, however, that no such Holder shall be required to make any representations or warranties in connection with any such registration other than representations and warranties on the same basis as other similar situated selling stockholders as to (i) such Holder’s ownership of his or its Registrable Shares Securities to be sold or transferred free and clear of all Liens, (ii) such Holder’s power and authority to effect such transfer, and (iii) such matters pertaining to compliance with securities laws and other applicable laws and governmental rules and regulations, if any, as may be reasonably requested; provided further, however, that the obligation of such Holder to indemnify pursuant to any such underwriting arrangements shall be several, not joint and several, among such Holders selling securities, and the liability of each such Holder will be in proportion to, and provided further that such liability will be limited to, the net amount received by such Holder from the sale of his or its Registrable Shares Securities pursuant to such registration.