Common use of Rights of Nonrequesting Holders Clause in Contracts

Rights of Nonrequesting Holders. Upon receipt of any Demand Request, the Company shall promptly (but in any event within 10 days) give written notice of such proposed Demand Registration to all other Holders entitled to registration rights under this Section 3.1, who shall have the right, exercisable by written notice to the Company within 20 days of their receipt of the Company's notice, to elect to include in such Demand Registration such portion of their Registrable Shares as they may request. All Holders requesting to have their Registrable Shares included in a Demand Registration in accordance with the preceding sentence shall be deemed to be "Requesting Holders" for purposes of this Section 3.1; provided, if any member of the HMC Group or any of the Existing Stockholders participates as a Requesting Holder in a Demand Registration such Holder's participation shall be counted as a Demand Request of the HMC Group or the Existing Stockholders, respectively.

Rights of Nonrequesting Holders. Upon receipt of any Demand Request, the Company shall promptly (but in any event within 10 days) give written notice of such proposed Demand Registration to all other Holders entitled to registration rights under this Section 3.1, who shall have the right, exercisable by written notice to the Company within 20 days of their receipt of the Company's notice, to elect to include in such Demand Registration such portion of their Registrable Shares Securities as they may request. All Holders requesting to have their Registrable Shares included in a Demand Registration in accordance with the preceding sentence shall be deemed to be "Requesting Holders" for purposes of this Section 3.13.1 (other than Section 3.1.1); provided, however, if any member of the HMC any Holder Group or any of the Existing Stockholders participates as a Requesting Holder in a Demand Registration such Holder's participation shall be counted as a Demand Request of the HMC Group or the Existing Stockholders, respectivelysuch Holder's respective Holder Group.