Common use of Preservation of Demand Registration Clause in Contracts

Preservation of Demand Registration. A registration undertaken by the Company at the request of the Requesting Holder under Section 2.1(a) will not count as a Demand Registration: (i) if, pursuant to the Demand Right, the Requesting Holders are unable to register and sell at least 50% of the Registrable Shares requested to be included in such registration by them, unless such failure results from any act of, or failure to act by, any of the Requesting Holders; (ii) if the Requesting Holders withdraw their Registration Request prior to the time the Registration Statement therefor is declared effective and promptly reimburse the Company for all Registration Expenses incurred by the Company in connection with effecting such registration, such Registration Request shall not count as a Demand Registration so long as this provision has not been previously utilized by the Sponsor Group within the immediately preceding 18 months; or (iii) if the Requesting Holders withdraw a Registration Request upon the determination of the board of directors of the Company to postpone the filing or effectiveness of a Registration Statement pursuant to Section 2.1(f).

Preservation of Demand Registration. A registration undertaken by the Company at the request of the Requesting Holder under Section 2.1(a) will not count as a Demand Registration: (i) if, pursuant to the Demand Right, the Requesting Holders are unable to register and sell at least 50% of the Registrable Shares requested to be included in such registration by themthem pursuant to this Section 2.1, unless such failure results from any act of, or failure to act by, any of the Requesting Holders; (ii) if the Requesting Holders withdraw their Registration Request prior to the time the Registration Statement therefor is declared effective and promptly reimburse the Company for all Registration Expenses incurred by the Company in connection with effecting such registration, such Registration Request shall not count as a Demand Registration so long as this provision has not been previously utilized by the Sponsor Group within the immediately preceding 18 12 months; or (iii) if the Requesting Holders withdraw a Registration Request upon the determination of the board Board of directors Directors of the Company to postpone the filing or effectiveness of a Registration Statement pursuant to Section 2.1(f) or are deemed to have withdrawn a Registration Request pursuant to Section 2.1(g).

Preservation of Demand Registration. A registration undertaken by the Company at the request of the Requesting Holder under Section 2.1(a) will not count as a Demand Registration: (i) if, pursuant to the Demand Right, the Requesting Holders are unable to register and sell at least 50% of the Registrable Shares requested to be included in such registration by them, unless such failure results from any act of, or failure to act by, any of the Requesting Holders; (ii) if the Requesting Holders withdraw their Registration Request prior to the time the Registration Statement therefor is declared effective and promptly reimburse the Company for all Registration Expenses incurred by the Company in connection with effecting such registration, such Registration Request shall not count as a Demand Registration Registration) so long as this provision has not been previously utilized by the Sponsor Group Sponsors within the immediately preceding 18 months; or (iii) if the Requesting Holders withdraw a Registration Request upon the determination of the board of directors of the Company to postpone the filing or effectiveness of a Registration Statement pursuant to Section 2.1(f).

Preservation of Demand Registration. A registration undertaken by the Company at the request of the Requesting Holder under Section 2.1(a) will not count as a Demand Registration: (i) if, pursuant to the Demand Right, the Requesting Holders are unable to register and sell at least 50% of the Registrable Shares requested to be included in such registration by them, unless such failure results from any act of, or failure to act by, any of the Requesting Holders; (ii) if the Requesting Holders withdraw their Registration Request prior to the time the Registration Statement therefor is declared effective and promptly reimburse the Company for all Registration Expenses incurred by the Company in connection with effecting such registration, such Registration Request shall not count as a Demand Registration so long as this provision has not been previously utilized by the any Sponsor Group within the immediately preceding 18 months; or (iii) if the Requesting Holders withdraw a Registration Request upon the determination of the board Board of directors Directors of the Company to postpone the filing or effectiveness of a Registration Statement pursuant to Section 2.1(f2.1(e).