Common use of Registration on Request Clause in Contracts

Registration on Request. At any time after the 90th day following the First Closing (as defined in the Stock Purchase Agreement), upon written request by the Holders of at least a majority (by number of shares) of the Registrable Securities, NationsRent shall utilize best reasonable efforts to cause, as soon as practicable following the date of such notice, a registration statement to be filed under the Securities Act or a pending registration statement to be amended for the purpose of registering the Registrable Securities for resale by the requesting Holders in accordance with the intended method of disposition stated in such request; provided that NationsRent shall not be required to effect any registration pursuant to this Section 1(a) on more than three (3) separate occasions. Each request for a demand registration shall specify the approximate number of Registrable Securities requested to be registered and the anticipated per share price range for such offering. NationsRent shall give all other Holders written notice of such written request within ten (10) days thereof and give all other Holders the opportunity to request that their Registrable Securities be included in the registration statement filed with the SEC. No request for registration may be made pursuant to this Section 1(a) unless the Registrable Securities requested to be registered on behalf of requesting Holders total at least 25% of the aggregate number of Registrable Securities acquired by the Holders in the First Closing and the Second Closing (as defined in the Stock Purchase Agreement) or have a market value (based upon the closing price of such Registrable Securities quoted on the securities exchange or over-the-counter quotation system on which such Registrable Securities are listed or quoted, as the case may be, on the trading day immediately preceding any request pursuant to this Section 1(a)) of at least $25 million at the close of the last trading day prior to such request.

Appears in 5 contracts

Samples: Registration Rights Agreement (Nationsrent Inc), Registration Rights Agreement (Investcorp S A), Registration Rights Agreement (Kirk James L)

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Registration on Request. At any time after the 90th day following the First Closing (as defined in the Stock Purchase Agreement), upon written request by the Holders of at least a majority (by number of shares) of the Registrable Securities, NationsRent shall utilize best reasonable efforts to cause, as soon as practicable following the date of such notice, a registration statement to be filed under the Securities Act or a pending registration statement to be amended for the purpose of registering the Registrable Securities for resale by the requesting Holders in accordance with the intended method of disposition stated in such request; provided that NationsRent shall not be required to effect any registration pursuant to this Section 1(a) on more than three (3) separate occasions. Each request for a demand registration shall specify the approximate number of Registrable Securities requested to be registered and the anticipated per share price range for such offering. NationsRent shall give all other Holders written notice of such written request within ten (10) days thereof and give all other Holders the opportunity to request that their Registrable Securities be included in the registration statement filed with the SEC. No request for registration may be made pursuant to this Section 1(a) unless the Registrable Securities requested to be registered on behalf of requesting Holders total at least 25% of the aggregate number of Registrable Securities acquired by the Holders in the First Closing and the Second Closing (as defined in the Stock Purchase Agreement) or have a market value (based upon the closing price of such Registrable Securities quoted on the securities exchange or over-the-counter quotation system 2 on which such Registrable Securities are listed or quoted, as the case may be, on the trading day immediately preceding any request pursuant to this Section 1(a)) of at least $25 million at the close of the last trading day prior to such request.

Appears in 1 contract

Samples: Registration Rights Agreement (Morgan J P & Co Inc)

Registration on Request. (i) At any time following 180 days after the 90th day following Initial Public Offering upon the First Closing written request of the holders of a majority of the Paribas Securities or the holders of a majority of the PCF Securities for a registration of Registrable Securities (as defined in the Stock Purchase Agreementa "Demand Request"), upon the Company will promptly give written request by the Holders notice of at least a majority (by number such requested registration to all registered holders of shares) of the Registrable Securities, NationsRent shall utilize and thereupon the Company, in accordance with the provisions of Section 3.4 hereof, will use its best reasonable efforts to cause, as soon as practicable following effect the date of such notice, a registration statement to be filed under the Securities Act or a pending registration statement to be amended for the purpose of registering of: (A) the Registrable Securities of the Demanding Investor Group which the Company has been so requested to register in accordance with such Demand Request for resale by the requesting Holders disposition in accordance with the intended method or methods of disposition stated in such request; provided that NationsRent shall not be , and (B) all other Registrable Securities which the Company has been requested to register by the holders thereof by written request given to the Company within 20 days after the giving of such written notice by the Company, all to the extent required to permit the disposition (in accordance with the intended methods thereof as aforesaid) of the Registrable Securities so to be registered. No Investor Group may request the Company to effect any registration of Registrable Securities pursuant to this Section 1(a) 3.1 on more than three one occasion; provided that a registration shall not count as having been requested by an Investor Group (3i) separate occasionsuntil it has become effective and (ii) unless at least 90% of the Registrable Securities requested to be included in such registration by such Investor Group are registered and sold. Each request for a demand registration Demand Request shall specify the approximate number of Registrable Securities of such Demanding Investor Group requested to be registered and the anticipated per share price range for such offering. NationsRent shall give all other Holders written notice intended method or methods of such written request within ten (10) days thereof and give all other Holders the opportunity to request that their Registrable Securities be included in the registration statement filed with the SEC. No request for registration may be made pursuant to this Section 1(a) unless the Registrable Securities requested to be registered on behalf of requesting Holders total at least 25% of the aggregate number of Registrable Securities acquired by the Holders in the First Closing and the Second Closing (as defined in the Stock Purchase Agreement) or have a market value (based upon the closing price disposition of such Registrable Securities quoted on the securities exchange or over-the-counter quotation system on which such Registrable Securities are listed or quoted, as the case may be, on the trading day immediately preceding any request pursuant to this Section 1(a)) of at least $25 million at the close of the last trading day prior to such requestSecurities.

Appears in 1 contract

Samples: Equityholders Agreement (Thane International Inc)

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Registration on Request. At any time after the 90th day following the First Closing (as defined in the Stock Purchase Agreement), upon written request by the Holders of at least a majority (by number of shares) of the Registrable Securities, NationsRent Fortune shall utilize best use reasonable efforts to cause, as soon as practicable following the date of such notice, a registration statement to be filed under the Securities Act or a pending registration statement to be amended for the purpose of registering the Registrable Securities for resale by the requesting Holders in accordance with the intended method of disposition stated in such request; provided that NationsRent Fortune shall not be required to effect any registration pursuant to this Section 1(a) on more than three two (32) separate occasions. Each request for a demand registration shall specify the approximate number of Registrable Securities requested to be registered and the anticipated per share price range for such offering. NationsRent Fortune shall give all other Holders written notice of such written request within ten (10) days thereof and give all other Holders the opportunity to request that their Registrable Securities be included in the registration statement filed with the SEC. No request for registration may be made pursuant to this Section 1(a) unless the Registrable Securities requested to be registered on behalf of requesting Holders total at least 25% of the aggregate number of Registrable Securities acquired by the Holders in the First Closing and the Second Closing (as defined in the Stock Purchase Agreement) or have a market value (based upon the closing price of such Registrable Securities quoted on the securities exchange or over-the-counter quotation system on which such Registrable Securities are listed or quoted, as the case may be, on the trading day immediately preceding any request pursuant to this Section 1(a)) of at least $25 5 million at the close of the last trading day prior to such request.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Mobile America Corp)

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