Registration Conditions. Almedica shall not be entitled to any registration rights pursuant to this Agreement until June 12, 2000 and unless a period of 12 months has elapsed since the Closing Date, and the number of the Registrable Securities then beneficially owned by Almedica constitutes 10% or more of the Company's then outstanding Class A Common Stock. The conditions set forth in this Section 1(a) shall be referred to as the "Registration Conditions."
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Samples: Merger Agreement (Base Ten Systems Inc), Registration Rights Agreement (Almedica International Inc), Registration Rights Agreement (Base Ten Systems Inc)
Registration Conditions. Almedica shall not be entitled to any registration rights pursuant to this Agreement until June 12, 2000 and unless a period of 12 months has elapsed since the Closing Date, and the number of the Registrable Securities then beneficially owned by Almedica constitutes 10% or more of the Company's then outstanding Class A Common Stock. The conditions set forth in this Section 1(a) shall be referred to as the "Registration ConditionsREGISTRATION CONDITIONS."
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