Common use of Request by Investors Clause in Contracts

Request by Investors. If the Company shall at any time not less than two (2) years after the Effective Date receive a written request from any Investor that the Company file a registration statement under the Securities Act covering the registration of Registrable Securities pursuant to this Schedule 1, and if the anticipated gross receipts from the offering are to exceed US$50,000,000, then the Company shall, within ten (10) Business Days of the receipt of such written request, give written notice of such request (“Request Notice”) to all Investors, and use all reasonable efforts to effect, as soon as practicable, the registration under the Securities Act of all Registrable Securities that Investors request to be registered and included in such registration by written notice given by such Investors to the Company within twenty (20) Business Days after receipt of the Request Notice, subject only to the limitations of this Section 2; provided that the Company shall not be obligated to effect any such registration if the Company has, within the six (6) month period preceding the date of such request, already effected a registration under the Securities Act pursuant to this Section 2 or Section 4, or in which the Investors had an opportunity to participate pursuant to the provisions of Section 3 of this Schedule 1, other than a registration from which the Registrable Securities of Investors have been excluded (with respect to all or any portion of the Registrable Securities the Holders requested be included in such registration) pursuant to the provisions of Section 3.2 of this Schedule 1.

Request by Investors. If the Company shall at any time not less than two (2) years after the Effective Date receive a written request from any Investor the Investors (the “Initiating Investors”) holding at least a majority of the Registrable Securities then outstanding that the Company file a registration statement under the Securities Act covering the registration of Registrable Securities pursuant to this Schedule 1, and if the anticipated gross receipts from the offering are to exceed US$50,000,000Clause 2.1, then the Company shall, within ten (10) Business Days of the receipt of such written request, give written notice of such request (“Request Notice”) to all InvestorsInvestors and the Existing Holders, and use all reasonable efforts to effect, as soon as practicable, the registration under the Securities Act of all Registrable Securities that the Initiating Investors (together with the other Investors and Existing Holders who so) request to be registered and included in such registration by written notice given by such Initiating Investors to the Company within twenty ten (2010) Business Days after receipt of the Request Notice, subject only to the limitations of this Section 2Clause 2.1; provided that the Company shall not be obligated to effect any such registration if the Company has, within the six (6) month period preceding the date of such request, already effected a registration under the Securities Act pursuant to this Section 2 Clause 2.1 or Section 4Clause 2.3, or in which the Initiating Investors had an opportunity to participate pursuant to the provisions of Section 3 of this Schedule 1Clause 2.2, other than a registration from which the Registrable Securities of the Initiating Investors have been excluded (with respect to all or any portion of the Registrable Securities the Holders Investors requested be included in such registration) pursuant to the provisions of Section 3.2 of this Schedule 1Clause 2.2(b).