Common use of Selling Stockholders' Counsel Clause in Contracts

Selling Stockholders' Counsel. The Company shall permit a ----------------------------- single firm of counsel, designated as selling stockholders' counsel by the Investors who hold a majority of the Registrable Securities being sold and compensated by such Investors, to review and comment on the Registration Statement(s) (and all amendments and supplements thereto but only if they directly relate to such Investors) a reasonable period prior to their filing with the SEC, and shall not file any document in a form to which such counsel reasonably objects. Failure to object in writing within three days shall be deemed to be an approval of the Registration Statement (s).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Syquest Technology Inc), Securities Purchase Agreement (Syquest Technology Inc)

AutoNDA by SimpleDocs

Selling Stockholders' Counsel. The Company shall permit a ----------------------------- single firm ----------------------------- of counsel, designated as selling stockholders' counsel by the Investors who hold a majority of the Registrable Securities being sold and compensated by such Investors, to review and comment on the Registration Statement(s) (and all amendments and supplements thereto but only if they directly relate to such Investors) a reasonable period prior to their filing with the SEC, and shall not file any document in a form to which such counsel reasonably objects. Failure to object in writing within three days shall be deemed to be an approval of the Registration Statement (s).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Syquest Technology Inc), Securities Purchase Agreement (Syquest Technology Inc)

AutoNDA by SimpleDocs

Selling Stockholders' Counsel. The Company shall permit a single ----------------------------- single firm of counsel, designated as selling stockholders' counsel by the Investors who hold a majority of the Registrable Securities being sold and compensated by such Investors, to review and comment on the Registration Statement(s) (and all amendments and supplements thereto but only if they directly relate to such Investors) a reasonable period prior to their filing with the SEC, and shall not file any document in a form to which such counsel reasonably objects. Failure to object in writing within three days shall be deemed to be an approval of the Registration Statement (s).

Appears in 1 contract

Samples: Securities Purchase Agreement (Syquest Technology Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.