Common use of Plan of Distribution, Underwriters, Advisors and Counsel Clause in Contracts

Plan of Distribution, Underwriters, Advisors and Counsel. If a majority of the Registrable Securities proposed to be sold in an underwritten offering through a non-shelf registration statement or through a shelf takedown is being sold by the Company for its own account, the Company will be entitled to determine the plan of distribution and select the managing underwriters and any provider of advisory services, which may include Affiliates of Blackstone, for such offering. Otherwise, Securityholders holding a majority of the Shares requested to be included will be entitled to determine the plan of distribution and select the managing underwriters and any provider of advisory services, which may include Affiliates of Blackstone; provided that such investment banker or bankers, managers and providers of advisory services shall be reasonably satisfactory to the Company, and will also be entitled to select counsel for the selling Securityholders (which may be the same as counsel for the Company).

Appears in 4 contracts

Samples: Registration Rights Agreement (Vine Energy Inc.), Registration Rights Agreement (Vine Energy Inc.), Registration Rights Agreement (Vine Resources Inc.)

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