Common use of Priority on Demand Registration Clause in Contracts

Priority on Demand Registration. If any of the Registrable Securities included in a Demand Registration are to be sold in a firm commitment underwritten offering, and the managing underwriter or underwriters advise the Company or the Holders thereof in writing that in its or their view the total number or dollar amount of Registrable Securities proposed to be sold in such offering is such as to adversely affect the success of such offering (including, without limitation, Registrable Securities proposed to be included by other Holders entitled to participate in such offering pursuant to other registration rights granted herein), then the number of Registrable Securities that in the opinion of such managing underwriter can be sold without adversely affecting such offering shall be included in the following order:

Priority on Demand Registration. If any of the Registrable Securities included in a Demand Registration are to be sold in a firm commitment is an underwritten offering, and the managing underwriter or underwriters advise the Company or the Holders thereof holders of Registrable Securities included in such offering in writing that in its or their view such managing underwriter's opinion the total number or dollar amount of Registrable Securities proposed and other securities requested to be included exceeds the number of Registrable Securities and other securities which can be sold in such offering is without adversely affecting the marketability of the offering, the Company will include in such as registration prior to adversely affect the success inclusion of such offering (including, without limitation, any securities which are not Registrable Securities proposed to be included by other Holders entitled to participate in such offering pursuant to other registration rights granted herein), then the number of Registrable Securities that requested to be included which in the opinion of such managing underwriter underwriters can be sold without adversely affecting such offering shall be included in sold, pro rata among the following order:respective holders on the basis of the amount of Registrable Securities owned.

Priority on Demand Registration. If any of the Registrable Securities included in a Demand Registration are to be sold in a firm commitment is an underwritten offering, offering and the managing underwriter or underwriters advise the Company or the Holders thereof in writing that in its or their view the total number or dollar amount of Registrable Securities proposed to be sold in such offering is such as to adversely affect the success of such offering (including, without limitation, Registrable Securities proposed to be included by other Holders entitled to participate in such offering pursuant to other registration rights granted herein), then opinion the number of Registrable Securities that and, if permitted hereunder, other securities requested to be included in such offering exceeds the number of Registrable Securities and other securities, if any, which can be sold therein without adversely affecting the marketability, proposed offering price, timing or method of distribution of the offering, the Company shall include in such registration prior to the inclusion of any securities which are not Registrable Securities the number of Registrable Securities requested to be included which, in the opinion of such managing underwriter underwriters, can be sold sold, without adversely affecting any such offering shall be included in the following order:adverse effect.

Priority on Demand Registration. If any of the Registrable Securities included in a Demand Registration are to be sold in a firm commitment underwritten offering, and the managing underwriter or underwriters advise the Company or the Holders thereof in writing that in its or their view the total number or dollar amount of Registrable Securities proposed to be sold in such offering is such as to adversely affect the success of such offering (including, without limitation, Registrable Securities proposed to be included by other Holders entitled to participate in such offering pursuant to other registration rights granted herein), then the number of Registrable Securities that in the opinion of such managing underwriter can be sold without adversely affecting such offering shall be included in the following order: