Common use of Registration Rights Available Clause in Contracts

Registration Rights Available. Pursuant to the terms and conditions ----------------------------- contained herein, and in the Subscription Agreement, the Company agrees to provide the Holder or any permitted assignee of the Holder (collectively, the "Holder") with the following registration rights with respect to the Company Shares and any other securities issued or issuable at any time or from time to time in respect of the Company Shares as a result of a stock split, stock dividend, merger, reorganization, recapitalization or other similar event involving the Company (collectively, the "Registrable Securities"): (a) one demand registration right by means of a shelf registration pursuant to Rule 415 promulgated under the Securities Act of 1933, as amended (the "Securities Act") (the "Shelf Registration Right"), and (b) the right to "piggyback" on a firm commitment underwritten offering of any securities of the Company (an "Underwritten Public Offering") other than the Registrable Securities (the "Piggyback Registration Rights"). The Shelf Registration Right and the Piggyback Registration Rights are hereinafter sometimes collectively referred to as the "Registration Rights."

Registration Rights Available. Pursuant to the terms and conditions ----------------------------- contained herein, and in the Subscription Share Exchange Agreement, the Company Westower agrees to provide the Holder Shareholder or any permitted assignee of the Holder Shareholder (collectively, the "Holder") with the following registration rights with respect to the Company Westower Shares and any other securities issued or issuable at any time or from time to time in respect of the Company Westower Shares as a result of a stock split, stock dividend, merger, reorganization, recapitalization or other similar event involving the Company Westower (collectively, the "Registrable Securities"): (a) one two demand registration right rights by means of a shelf registration registrations pursuant to Rule 415 promulgated under the Securities Act of 1933, as amended (the "Securities Act") (the "Shelf Registration RightRights"), and (b) the right to "piggyback" on a firm commitment underwritten offering of any securities of the Company (an "Underwritten Public Offering") Westower other than the Registrable Securities (the "Piggyback Registration Rights"). The Shelf Registration Right Rights and the Piggyback Registration Rights are hereinafter sometimes collectively referred to as the "Registration Rights."