Common use of Suspension of Disposition Clause in Contracts

Suspension of Disposition. (a) Each selling Holder will be deemed to have agreed that, upon receipt of any notice from the Company of the occurrence of any event of the kind described in Section 4.1(c)(ii), 4.1(c)(iii), 4.1(c)(iv), 4.1(c)(v) or 4.1(c)(vi), such Holder will discontinue disposition of Registrable Securities covered by a Registration Statement or Prospectus until such Holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 4.1(g) or until it is advised in writing (the “Advice”) by the Company that the use of the applicable Prospectus may be resumed and have received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus. In the event the Company shall give any such notice, the period of time for which a Registration Statement must remain effective as set forth in Section 2.5 will be extended by the number of days during the time period from and including the date of the giving of such notice to and including the date when each seller of Registrable Securities covered by such Registration Statement has received (i) the copies of the supplemented or amended Prospectus contemplated by Section 4.1(g) or (ii) the Advice.

Appears in 2 contracts

Samples: Registration Rights Agreement (Stewart & Stevenson LLC), Registration Rights Agreement (Fairfax Financial Holdings LTD/ Can)

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Suspension of Disposition. (a) Each selling Holder will be deemed to have agreed that, upon receipt of any notice from the Company of the occurrence of any event of the kind described in Section 4.1(c)(ii6.1(c)(ii), 4.1(c)(iii6.1(c)(iii), 4.1(c)(iv6.1(c)(iv), 4.1(c)(v6.1(c)(v) or 4.1(c)(vi6.1(c)(vi), such Holder will discontinue disposition of Registrable Securities covered by a Registration Statement or Prospectus until such Holder’s 's receipt of the copies of the supplemented or amended Prospectus contemplated by Section 4.1(g6.1(k) or until it is advised in writing (the "Advice") by the Company that the use of the applicable Prospectus may be resumed and have has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus. In the event the Company shall give any such notice, the period of time for which a Registration Statement must remain effective as set forth in Section 2.5 2.1 or Section 3.5 will be extended by the number of days during the time period from and including the date of the giving of such notice to and including the date when each seller of Registrable Securities covered by such Registration Statement has shall have received (i) the copies of the supplemented or amended Prospectus contemplated by Section 4.1(g6.1(k) or (ii) the Advice.

Appears in 2 contracts

Samples: Debt Registration Rights Agreement (Loewen Group International Inc), Equity Registration Rights Agreement (Loewen Group International Inc)

Suspension of Disposition. (a) Each selling Holder will be deemed to have agreed that, upon receipt of any notice from the Company of the occurrence of any event of the kind described in Section 4.1(c)(iiSECTION 6.1(c)(ii), 4.1(c)(iii6.1(c)(iii), 4.1(c)(iv6.1(c)(iv), 4.1(c)(v6.1(c)(v) or 4.1(c)(vi6.1(c)(vi), such Holder will discontinue disposition of Registrable Securities covered by a Registration Statement or Prospectus until such Holder’s 's receipt of the copies of the supplemented or amended Prospectus contemplated by Section 4.1(gSECTION 6.1(k) or until it is advised in writing (the “Advice”"ADVICE") by the Company that the use of the applicable Prospectus may be resumed and have has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus. In the event the Company shall give any such notice, the period of time for which a Registration Statement must remain effective as set forth in Section 2.5 SECTION 2.1 or SECTION 3.5 will be extended by the number of days during the time period from and including the date of the giving of such notice to and including the date when each seller of Registrable Securities covered by such Registration Statement has shall have received (i) the copies of the supplemented or amended Prospectus contemplated by Section 4.1(gSECTION 6.1(k) or (ii) the Advice.

Appears in 2 contracts

Samples: Debt Registration Rights Agreement (Alderwoods Group Inc), Equity Registration Rights Agreement (Alderwoods Group Inc)

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Suspension of Disposition. (a) Each selling Holder will be deemed to have agreed that, upon receipt of any notice from the Company of the occurrence of any event of the kind described in Section 4.1(c)(ii), 4.1(c)(iii), 4.1(c)(iv), 4.1(c)(v) or 4.1(c)(vi), such Holder will discontinue disposition of Registrable Securities covered by a Registration Statement or Prospectus until such Holder’s 's receipt of the copies of the supplemented or amended Prospectus contemplated by Section 4.1(g) or until it is advised in writing (the "Advice") by the Company that the use of the applicable Prospectus may be resumed and have received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus. In the event the Company shall give any such notice, the period of time for which a Registration Statement must remain effective as set forth in Section 2.5 will be extended by the number of days during the time period from and including the date of the giving of such notice to and including the date when each seller of Registrable Securities covered by such Registration Statement has received (i) the copies of the supplemented or amended Prospectus contemplated by Section 4.1(g) or (ii) the Advice.

Appears in 1 contract

Samples: Registration Rights Agreement (International Coal Group, Inc.)

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