Registered Owners. A person or entity is deemed to be a holder of Registrable Securities whenever such person or entity owns of record such Registrable Securities. If the Company receives conflicting instructions, notices or elections from two or more persons or entities with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the registered owner of such Registrable Securities, who shall provide a bond or other form of satisfactory protection to Company so as to cover contingent liability against any other claimants.
Appears in 3 contracts
Samples: Registration Rights Agreement (NCT Group Inc), Registration Rights Agreement (Eurotech LTD), Registration Rights Agreement (Computerized Thermal Imaging Inc)
Registered Owners. A person or entity is deemed to be a holder of Registrable Securities whenever such person or entity owns of record such Registrable Securities. If the Company receives conflicting instructions, notices or elections from two or more persons or entities with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the registered owner of such Registrable Securities, who shall provide a bond or other form of satisfactory protection to the Company so as to cover contingent liability against any other claimants.
Appears in 2 contracts
Samples: Private Equity Credit Agreement (NCT Group Inc), Registration Rights Agreement (NCT Group Inc)
