Common use of Restrictions on Piggyback Registrations Clause in Contracts

Restrictions on Piggyback Registrations. Notwithstanding anything to the contrary in this Article III: (a) if, at any time after receiving such requests and prior to the effective date of the Registration Statement filed in connection with the Piggyback Registration, Parent for any reason decides not to register securities of Parent, Parent will give written notice of its decision to the holders of Registrable Securities and thereupon be relieved of its obligation to register any Registrable Securities in connection with such registration; and (b) if Parent determines for any reason to delay a Piggyback Registration, Parent may do so by giving written notice of its decision to the holders of Registrable Securities.

Appears in 3 contracts

Samples: Registration Rights Agreement (Electronic Fab Technology Corp), Registration Rights Agreement (Eftc Corp/), Registration Rights Agreement (Braswell Allen S Jr)

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Restrictions on Piggyback Registrations. Notwithstanding anything to the contrary in this Article III: , (a) if, at any time after receiving such requests and prior to the effective date of the Registration Statement filed in connection with the Piggyback Registration, Parent for any reason decides not to register securities of Parent, Parent will give written notice of its decision to the holders of Registrable Securities and thereupon be relieved of its obligation to register any Registrable Securities in connection with such registration; registration and (b) if Parent determines for any reason to delay a Piggyback Registration, Parent may do so by giving written notice of its decision to the holders of Registrable Securities.. 3.4

Appears in 1 contract

Samples: Registration Rights Agreement (Electronic Fab Technology Corp)

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