Common use of Suspension of Disposition Clause in Contracts

Suspension of Disposition. Each selling Stockholder 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 6.1(c)(ii), 6.1(c)(iii), 6.1(c)(iv), 6.1(c)(v) or 6.1(c)(vi) hereof, such Stockholder will discontinue disposition of Registrable Securities covered by a Registration Statement or Prospectus until such Stockholder's receipt of the copies of the supplemented or amended Prospectus contemplated by Section 6.1(k) hereof or until it is advised in writing (the "Advice") by the Company that the use of the applicable Prospectus may be resumed and 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 time period prescribed in Section 3.2(c) hereof will be extended by the number of days during the time period from the date of the giving of such notice to the date when such selling Stockholder shall have received (x) the copies of the supplemented or amended Prospectus contemplated by Section 6.1(k) hereof or (y) the Advice and any such additional or supplemental filings referred to above.

Appears in 3 contracts

Samples: Voting Agreement (Mobilemedia Corp), Registration Rights Agreement (Arch Wireless Inc), Registration Rights Agreement (Arch Wireless Inc)

AutoNDA by SimpleDocs

Suspension of Disposition. Each selling Stockholder 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 6.1(c)(ii), 6.1(c)(iii), 6.1(c)(iv), 6.1(c)(v) or 6.1(c)(vi) hereof, such Stockholder will discontinue disposition of Registrable Securities covered by a Registration Statement or Prospectus until such Stockholder's receipt of the copies of the supplemented or amended Prospectus contemplated by Section 6.1(k) hereof or until it is advised in writing (the "Advice") by the Company that the use of the applicable Prospectus may be resumed and 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 time period prescribed in Section 3.2(c) hereof will be extended by the number of days during the time period from the date of the giving of such notice to the date when such selling Stockholder shall have received (x) the copies of the supplemented or amended Prospectus contemplated by Section 6.1(k) hereof or (y) the Advice and any such additional or supplemental filings referred to above.

Appears in 2 contracts

Samples: Registration Rights Agreement (Arch Communications Group Inc /De/), Registration Rights Agreement (Arch Communications Group Inc /De/)

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