Registration Requested by Purchasers Sample Clauses
The "Registration Requested by Purchasers" clause requires the seller or another party to register certain interests or documents at the request of the purchasers. In practice, this may involve the seller registering the transfer of title, easements, or other relevant legal instruments with the appropriate government authority upon the purchaser's request. This clause ensures that purchasers can secure their legal rights and interests in the property, addressing the need for clear and enforceable ownership or usage rights after the transaction.
Registration Requested by Purchasers. Upon written request of the holder or holders of 50% of the Warrants then outstanding (or any combination of the Warrants and of
(a) the sale of the Restricted Stock which the Company has been requested to register pursuant to the written request referred to above, and
(b) all other Restricted Stock the holders of which shall make written request for registration to the Company, such written request to be delivered to the Company within 30 days after the giving of the above written notice by the Company, all to the extent required to permit the disposition by the holders of the securities so registered. The Company agrees that in-connection with effecting any registration it will execute any required undertakings to file post-effective amendments. The Company shall have no further obligations under this Section 4.4 with respect to any subsequent registrations (1) after one registration filed pursuant to any holder's request under this Section 4.4 (in addition to any postponed registration as described below in this Section 4.4) covering shares of Restricted Stock has become effective or (2) after you and your permitted transferees hold, in the aggregate, an amount of the Warrants or securities issued upon exercise of the Warrants, which constitute less than 10% of the Warrants initially issued and sold pursuant to this Agreement. Notwithstanding the foregoing if, within ten days following the receipt of the request referred to in the first sentence of this Section 4.4, the Company shall furnish to the requesting holder or holders a certificate stating that the Company has determined to file within 60 days thereafter a registration statement pertaining to an underwritten public offering of securities for the account of the Company, then the Company shall not be obligated to effect a registration pursuant to this Section 4.4 for a period of six months from the date of such certificate, provided that the Company shall actively employ in good faith all reasonable efforts to cause the registration statement for the underwritten public offering to become effective as soon as reasonably practicable. The Company shall not be entitled to delay the exercise of the rights of the holders under this Section 4.4 by invoking the provisions of the preceding sentence on more than one occasion.
Registration Requested by Purchasers