Common use of Price Determination Clause in Contracts

Price Determination. The Company shall have the sole right to determine the offering price per share and underwriting discounts in connection with any resale by Holders of Registrable Securities pursuant to an underwritten offering in connection with a Requested Registration, after consultation with the Holders and due regard for Holders' views relating thereto; provided, however, that in the event of an underwritten offering in connection with a Requested Registration in which one or more Significant Shareholders is participating, the participating Significant Shareholder proposing to offer the greater number of shares in the offering shall have the sole right to determine the offering price per share and the underwriting discounts. If any Shareholder disagrees with the Company's or a Significant Shareholder’s determination of the offering price per share, any such Shareholder shall have the right to withdraw its Registrable Securities from the Requested Registration.

Appears in 5 contracts

Samples: Registration Rights Agreement (Renova Media Enterprises Ltd.), Registration Rights Agreement (Moscow Cablecom Corp), Registration Rights Agreement (Renova Media Enterprises Ltd.)

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