Common use of Preconditions to Participation in Underwritten Registrations Clause in Contracts

Preconditions to Participation in Underwritten Registrations. No holder of Registrable Securities may participate in any underwritten registration hereunder unless such person (i) agrees to sell such persons securities on the basis provided in any customary underwriting arrangements and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements, and other documents required under the terms of such underwriting arrangements.

Appears in 2 contracts

Samples: Note Sale and Preferred Stock and Warrant Purchase Agreement (Electro Energy Inc), Note Sale and Preferred Stock and Warrant Purchase Agreement (Electro Energy Inc)

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Preconditions to Participation in Underwritten Registrations. No holder of Registrable Securities Buyer Issued Stock may participate in any underwritten registration hereunder unless such person Person (i) agrees to sell such persons Person’s securities on the basis provided in any customary underwriting arrangements and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements, and other documents required under the terms of such underwriting arrangements.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Cemtrex Inc), Securities Purchase Agreement (Cemtrex Inc)

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