Common use of Restrictions on Demand Registrations Clause in Contracts

Restrictions on Demand Registrations. The Company shall not be obligated to effect any Demand Registration within ninety (90) days after the effective date of (A) a previous Demand Registration or (B) a previous registration under which any Holder or Holders had piggyback rights pursuant to Section 2(c) hereof and in which the Holders exercising such piggyback rights were permitted to register, and sold, at least fifty percent (50%) of the Registrable Securities requested to be included therein. In addition, the Company shall not be obligated to effect any Demand Registration after the Company has effected two (2) Demand Registrations in any twelve (12)-month period if all such registrations effected by the Company have been declared and ordered effective.

Restrictions on Demand Registrations. The Company shall not be obligated to effect any Demand Registration within ninety (90) days after the effective date of (A) a previous Demand Registration or (B) a previous registration under which any Holder or Holders (the “Initiating Holders”) had piggyback rights pursuant to Section 2(c) hereof and in which wherein the Initiating Holders exercising such piggyback rights were permitted to register, and sold, at least fifty percent (50%) of the shares of Registrable Securities requested to be included therein. In addition, the Company shall not be obligated to effect any Demand Registration after the Company has effected two (2) Demand Registrations in any twelve (12)-month period if all such registrations effected by the Company have been declared and ordered effective.

Restrictions on Demand Registrations. The Company shall not be obligated to effect any Demand Registration within ninety sixty (9060) days after the effective date of (A) a previous Demand Registration or (B) a previous registration under which any Holder or Holders (the “Initiating Holders”) had piggyback rights pursuant to Section 2(c) hereof and in which wherein the Initiating Holders exercising such piggyback rights were permitted to register, and sold, at least fifty percent (50%) % of the shares of Registrable Securities Shares requested to be included therein. In addition, the Company shall not be obligated to effect any Demand Registration after the Company has effected two three (23) Demand Registrations in any twelve (12)-month period if and all such registrations effected by the Company have been declared and ordered effectiveeffective in any twelve (12) month period.

Restrictions on Demand Registrations. The Company shall not be obligated to effect any Demand Registration within ninety (90) calendar days after the effective date of (A) a previous Demand Registration or (B) a previous registration under which any Holder or Holders had piggyback rights pursuant to Section 2(c) hereof and in which the such Holders exercising such piggyback rights were permitted to register, and sold, at least fifty percent (50%) of the Registrable Securities requested to be included thereintherein pursuant to such piggyback rights. In addition, the Company shall not be obligated to effect any Demand Registration after the Company has effected two (2) Demand Registrations in any twelve (12)-month period if all such registrations effected by the Company have been declared and ordered effective.

Restrictions on Demand Registrations. The Company shall not be obligated to effect any Demand Registration within ninety sixty (9060) days after the effective date of (A) a previous Demand Registration or (B) a previous registration under which any Holder or Holders (the “Initiating Holders”) had piggyback rights pursuant to Section 2(c) hereof and in which wherein the Initiating Holders exercising such piggyback rights were permitted to register, and sold, at least fifty percent (50%) % of the shares of Registrable Securities Shares requested to be included therein. In addition, the Company shall not be obligated to effect any Demand Registration after the Company has effected two three (23) Demand Registrations in any twelve (12)-month 12) month period if all such registrations effected by the Company have been declared and ordered effective.

Restrictions on Demand Registrations. The Company shall not be obligated to effect any Demand Registration within ninety (90) days after the effective date of (A) a previous Demand Registration or (B) a previous registration under which any Holder or Holders had piggyback rights pursuant to Section 2(c2(b) hereof and in which the Holders exercising such piggyback rights were permitted to register, and sold, register at least fifty percent (50%) of the Registrable Securities requested to be included therein. In addition, the Company shall not be obligated to effect any Demand Registration after the Company has effected two (2) Demand Registrations in any twelve (12)-month period if all such registrations effected by the Company have been declared and ordered effective.

Restrictions on Demand Registrations. The Company shall not be obligated to effect any Demand Registration within ninety (90) calendar days after the effective date of (A) a previous Demand Registration or (B) a previous registration under which any Holder or Holders had piggyback rights pursuant to Section 2(c) hereof and in which the Holders exercising such piggyback rights were permitted to register, and sold, at least fifty percent (50%) of the Registrable Securities requested to be included therein. In addition, the Company shall not be obligated to effect any Demand Registration after the Company has effected two (2) Demand Registrations in any twelve (12)-month period if all such registrations effected by the Company have been declared and ordered effective.