Common use of Revocation of Demand Registration Clause in Contracts

Revocation of Demand Registration. During the term of this Agreement, the Stockholder may revoke the Demand Registration prior to the effective date of the Demand Registration Statement; provided that such revoked Demand Registration shall count as the Demand Registration for purposes of this Agreement unless the Stockholder has promptly reimbursed the Issuer for all Registration Expenses arising from, in connection with or relating to, such revoked Demand Registration; provided, further, that (i) the Stockholder may revoke the Demand Registration following the filing of the Demand Registration Statement only on one occasion during the term of this Agreement, and (ii) once the “road show” in respect of the Demand Sale pursuant to the Demand Registration has commenced, if the Stockholder revokes the Demand Registration, the Issuer shall not be obligated to resume such “road show” that has commenced or to attend or participate in any other “road show” in respect of the Demand Registration. Upon the revocation of the Demand Registration, the Issuer shall be permitted to withdraw the Demand Registration Statement and shall have no further obligation or other Liability pursuant to this Section 4.2 with respect to such Demand Registration.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Time Warner Inc), Asset Purchase Agreement (Adelphia Communications Corp), Registration Rights and Sale Agreement (Time Warner Inc)

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