Common use of Suspension of Dispositions Clause in Contracts

Suspension of Dispositions. Each Investor agrees by acquisition of any Registrable Securities that, upon receipt of any notice (a “Suspension Notice”) from the Company of the happening of any event of the kind described in Section 2.4.1(e)(iii) hereof such Investor will forthwith discontinue disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities (the “Suspension Period”) until such Investor’s receipt of the copies of the supplemented or amended prospectus, or until it is advised in writing (the “Advice”) by the Company that the use of the prospectus may be resumed, and has received copies of any additional or supplemental filings which are incorporated by reference in the prospectus, and, if so directed by the Company, such Investor will deliver to the Company all copies, other than permanent file copies then in such Investor’s possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. The Company shall use its reasonable best efforts and take such actions as are reasonably necessary to render the Advice as promptly as practicable.

Appears in 2 contracts

Samples: Registration Rights and Transfer Restriction Agreement (Level 3 Communications Inc), Registration Rights and Transfer Restriction Agreement (Level 3 Communications Inc)

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Suspension of Dispositions. Each Investor Holder agrees by acquisition of any Registrable Securities that, upon receipt of any notice (a "Suspension Notice") from the Company of the happening of any event of the kind described in Section 2.4.1(e)(iii2.4(c)(ii), Section 2.1(h)(i), (ii) hereof or (iii) (provided, that with respect to the happening of an event in Section 2.1(h)(iii), the Holder shall not be required to discontinue disposition for a one year period after the effective date of the Demand Registration) such Investor Holder will forthwith discontinue disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities (the “Suspension Period”) until such Investor’s Holder's receipt of the copies of the supplemented or amended prospectusprospectus referred to in Section 2.4(c), or until it is advised in writing (the “Advice”) by the Company that the use of the prospectus may be resumed, and has received copies of any additional or supplemental filings which are incorporated by reference in the prospectus, and, if so directed by the Company, such Investor Holder will deliver to the Company all copies, other than permanent file copies then in such Investor’s Holder's possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. The Company shall use its reasonable best efforts and take such actions as are reasonably necessary to render the Advice as promptly as practicable.

Appears in 1 contract

Samples: Registration Rights Agreement (Leucadia National Corp)

Suspension of Dispositions. Each Investor agrees by acquisition of any Registrable Securities that, upon receipt of any notice (a "Suspension Notice") from the Company of the happening of any event of the kind described in Section 2.4.1(e)(iii) hereof such Investor will forthwith discontinue disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities (the "Suspension Period") until such Investor’s 's receipt of the copies of the supplemented or amended prospectus, or until it is advised in writing (the "Advice") by the Company that the use of the prospectus may be resumed, and has received copies of any additional or supplemental filings which are incorporated by reference in the prospectus, and, if so directed by the Company, such Investor will deliver to the Company all copies, other than permanent file copies then in such Investor’s 's possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. The Company shall use its reasonable best efforts and take such actions as are reasonably necessary to render the Advice as promptly as practicable.

Appears in 1 contract

Samples: Registration Rights and Transfer Restriction Agreement (Leucadia National Corp)

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Suspension of Dispositions. Each Investor of the Holders agrees by acquisition of any Registrable Securities that, that upon receipt of any notice (a “Suspension Notice”) from the Company of the happening of any event of the kind described in Section 2.4.1(e)(iii2.02(a)(v)(B) hereof or (C) or Section 2.02(a)(xi), such Investor will Holder shall forthwith discontinue disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities (the “Suspension Period”) Shelf Registration Statement until such InvestorHolder’s receipt of the copies of the supplemented or amended prospectus, or until it is advised in writing (the “Advice”) by the Company that the use of the prospectus may be resumed, and has received copies of any additional or supplemental filings which that are incorporated by reference in the prospectus, and, if so directed by the Company, such Investor will Holder shall deliver to the Company all copies, other than permanent file copies then in such InvestorHolder’s possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. The Company shall use its commercially reasonable best efforts and take such actions as are reasonably necessary to render the Advice as promptly as practicable. Any Suspension Notice shall not contain information other than as required by this Section 2.04.

Appears in 1 contract

Samples: Stock Purchase Agreement (A-Mark Precious Metals, Inc.)

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