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 Required Period 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. Any Holder receiving any such written notice from the Company pursuant to this Section 4.3(a) shall treat such notice confidentially and shall not disclose such information to any Person other than as necessary to exercise it rights under this Agreement or as required by applicable law or court order.

Appears in 1 contract

Samples: Registration Rights Agreement (Verint Systems Inc)

AutoNDA by SimpleDocs

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 Required Period 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. Any Holder receiving any such written notice from the Company pursuant to this Section 4.3(a) shall treat such notice confidentially and shall not disclose such information to any Person other than as necessary to exercise it rights under this Agreement or as required by applicable law or court order.Section

Appears in 1 contract

Samples: Registration Rights Agreement (Comverse Technology Inc/Ny/)

Suspension of Disposition. (a) Each selling Holder will shall 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)(ii4.1(d)(ii), 4.1(c)(iii4.1(d)(iii), 4.1(c)(iv4.1(d)(iv), 4.1(c)(v4.1(d)(v) or 4.1(c)(vi4.1(d)(vi), such Holder will shall 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(g4.1(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 Required Period will period of time during which a Registration Statement should remain effective as set forth in Section 2.1 or Section 3.7 shall be extended by the number of days during comprising the time period from commencing on 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(g4.1(k) or (ii) the AdviceAdvice (the "Extension Period"). Any Holder receiving any The Company shall use its commercially reasonable efforts and take such written notice from the Company pursuant to this Section 4.3(a) shall treat such notice confidentially and shall not disclose such information to any Person other than actions as are reasonably necessary to exercise it rights under this Agreement or render the Advice as required by applicable law or court orderpromptly as practicable.

Appears in 1 contract

Samples: Debt Registration Rights Agreement (Mariner Health Care Inc)

Suspension of Disposition. (a) Each selling Holder will shall 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)(ii5.1(d)(ii), 4.1(c)(iii5.1(d)(iii), 4.1(c)(iv5.1(d)(iv), 4.1(c)(v5.1(d)(v) or 4.1(c)(vi5.1(d)(vi), such Holder will shall 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(g5.1(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 Required Period will period of time during which a Registration Statement should remain effective as set forth in Section 2.1 or Section 3.5 shall be extended by the number of days during comprising the time period from commencing on 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(g5.1(k) or (ii) the AdviceAdvice (the "Extension Period"). Any Holder receiving any The Company shall use its commercially reasonable efforts and take such written notice from the Company pursuant to this Section 4.3(a) shall treat such notice confidentially and shall not disclose such information to any Person other than actions as are reasonably necessary to exercise it rights under this Agreement or render the Advice as required by applicable law or court orderpromptly as practicable.

Appears in 1 contract

Samples: Equity Registration Rights Agreement (Mariner Health Care Inc)

AutoNDA by SimpleDocs

Suspension of Disposition. (a) Each selling Holder will shall 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)(ii5.1(d)(ii), 4.1(c)(iii5.1(d)(iii), 4.1(c)(iv5.1(d)(iv), 4.1(c)(v5.1(d)(v) or 4.1(c)(vi5.1(d)(vi), such Holder will shall 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(g5.1(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 Required Period will period of time during which a Registration Statement should remain effective as set forth in Section 2.1 or Section 3.7 shall be extended by the number of days during comprising the time period from commencing on 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(g5.1(k) or (ii) the AdviceAdvice (the "Extension Period"). Any Holder receiving any The Company shall use its commercially reasonable efforts and take such written notice from the Company pursuant to this Section 4.3(a) shall treat such notice confidentially and shall not disclose such information to any Person other than actions as are reasonably necessary to exercise it rights under this Agreement or render the Advice as required by applicable law or court orderpromptly as practicable.

Appears in 1 contract

Samples: Equity Registration Rights Agreement (Mariner Health Care Inc)

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