Common use of Priority for Registrations Clause in Contracts

Priority for Registrations. Notwithstanding any other provision of this Article II, if the managing underwriter advises the Company or the Securities Holder that the marketability of the offering would be adversely affected by the number of securities included in such offering, then the Company shall so advise the Securities Holder, or the Securities Holder shall so advise the Company, as applicable, and the number of shares of Common Stock proposed to be included in such registration other than Registrable Securities shall be reduced as required by the underwriter(s). For the avoidance of doubt, this Section 2.5 applies only to registration statements filed pursuant to Article II of this Agreement.

Appears in 4 contracts

Samples: Registration Rights Agreement, Registration Rights Agreement (Central European Distribution Corp), Registration Rights Agreement (Central European Distribution Corp)

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