Common use of Public Sale by Holders of Registrable Securities Clause in Contracts

Public Sale by Holders of Registrable Securities. To the extent not inconsistent with applicable law, each Holder, if requested by the managing underwriter or underwriters for any such Registration, agrees not to effect any public sale or distribution of Company Securities including a sale pursuant to Rule 144 (or any similar provision then in force) under the Securities Act, during the 15 business days prior to, and during the ninety (90)-day period (or such shorter period as may be agreed to by such holders) beginning on, the effective date of the applicable Registration Statement (except as part of such Registration).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Usinternetworking Inc), Stock Purchase Agreement (Usinternetworking Inc)

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Public Sale by Holders of Registrable Securities. To the extent not inconsistent with applicable law, each HolderStockholder, if requested by the managing underwriter or underwriters for any such Registration, agrees not to effect any public sale or distribution of Company Securities including a sale pursuant to Rule 144 (or any similar provision then in force) under the Securities Act, during the 15 business days prior to, and during the ninety (90)-day period (or such shorter period as may be agreed to by such holders) beginning on, the effective date of the applicable Registration Statement (except as part of such Registration).

Appears in 2 contracts

Samples: Stockholders' Agreement (Usinternetworking Inc), Stock Purchase Agreement (Usinternetworking Inc)

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Public Sale by Holders of Registrable Securities. To the extent not inconsistent with applicable law, each HolderRegistering Member, if requested by the managing underwriter or underwriters for any such Registration, agrees not to effect any public sale or distribution of Company Securities Registrable Securities, including a sale pursuant to Rule 144 (or any similar provision then in force) under the Securities Act, during the 15 business days prior to, and during the ninety (90)-day period (or such shorter period as may be agreed to by such holdersunderwriter or underwriters) beginning on, on the effective date of the applicable Registration Statement (except as part of such Registration).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Listerhill Total Maintenance Center LLC)

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