Common use of Restrictions on Sale by Holders of Registrable Securities Clause in Contracts

Restrictions on Sale by Holders of Registrable Securities. Each Holder of Registrable Securities agrees, by acquisition of such Registrable Securities, if timely requested in writing by the sole or lead managing Underwriter, not to make any short sale of, loan, grant any option for the purchase of or effect any public sale or distribution, of any of the Company's equity securities (or any security convertible into or exchangeable or exercisable for any of the Company's equity securities) during the time period reasonably requested by the sole or lead managing Underwriter not to exceed 90 days, beginning on the effective date of the applicable registration statement (except as part of such underwritten registration or pursuant to registrations on Forms S-4 or S-8 or any successor form to such forms), unless the sole or lead Managing Underwriter in such Underwritten Offering otherwise agrees; PROVIDED, HOWEVER, that to the extent the Company or the sole lead Managing Underwriter releases any Person from the foregoing restrictions in whole or in part it shall, on the same day, notify the Initial Holder of such release and such parties shall automatically be released to the same extent.

Restrictions on Sale by Holders of Registrable Securities. Each Holder of Registrable Securities agrees, by acquisition of such Registrable Securities, if timely requested in writing by the sole or lead managing Underwriter, not to make any short sale of, loan, grant any option for the purchase of or effect any public sale or distribution, of any of the Company's ’s equity securities (or any security convertible into or exchangeable or exercisable for any of the Company's ’s equity securities) during the time period reasonably requested by the sole or lead managing Underwriter not to exceed 90 daysdays or, in the case of an Initial Public Offering, 180 days beginning on the effective date of the applicable registration statement (except as part of such underwritten registration or pursuant to registrations on Forms S-4 F-4 or S-8 F-8 or any successor form to such forms), unless the sole or lead Managing managing Underwriter in such Underwritten Offering otherwise agrees; PROVIDEDprovided, HOWEVERhowever, that to the extent the Company or the sole lead Managing managing Underwriter releases any other Person from the foregoing or equivalent restrictions in whole or in part it shall, on the same day, notify the Initial Holder Holders of such release and such parties shall automatically be released to the same extent.

Restrictions on Sale by Holders of Registrable Securities. Each Holder of Registrable Securities agrees, by acquisition of such Registrable Securities, if timely requested in writing by the sole or lead managing Underwriter, not to make any short sale of, loan, grant any option for the purchase of or effect any public sale or distribution, of any of the Company's ’s equity securities (or any security convertible into or exchangeable or exercisable for any of the Company's ’s equity securities) during the time period reasonably requested by the sole or lead managing Underwriter not to exceed 90 daysdays or, in the case of an Initial Public Offering, 180 days beginning on the effective date of the applicable registration statement (except as part of such underwritten registration or pursuant to registrations on Forms S-4 X-0, X-0, F-8 or S-8 (or any similar form) or any successor form to such formsforms promulgated in the future), unless the sole or lead Managing managing Underwriter in such Underwritten Offering otherwise agrees; PROVIDEDprovided, HOWEVERhowever, that to the extent the Company or the sole lead Managing managing Underwriter releases any other Person from the foregoing or equivalent restrictions in whole or in part it shall, on the same day, notify the Initial Holder Holders of such release and such parties shall automatically be released to the same extent.”

Restrictions on Sale by Holders of Registrable Securities. Each Holder of Registrable Securities agrees, by acquisition of such Registrable Securities, if timely requested in writing by the sole or lead managing Underwriter, not to make any short sale of, loan, grant any option for the purchase of or effect any public sale or distribution, of any of the Company's equity securities (or any security convertible into or exchangeable or exercisable for any of the Company's equity securities) during the time period reasonably requested by the sole or lead managing Underwriter not to exceed 90 daysdays or, in the case of an Initial Public Offering, 180 days beginning on the effective date of the applicable registration statement (except as part of such underwritten registration or pursuant to registrations on Forms S-4 or S-8 or any successor form to such forms), unless the sole or lead Managing managing Underwriter in such Underwritten Offering otherwise agrees; PROVIDEDprovided, HOWEVERhowever, that to the extent the Company or the sole lead Managing managing Underwriter releases any other Person from the foregoing or equivalent restrictions in whole or in part it shall, on the same day, notify the Initial Holder Holders of such release and such parties shall automatically be released to the same extent.