Common use of Suspension of Offers and Sales Clause in Contracts

Suspension of Offers and Sales. Each Holder of Registrable Securities agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 4(f) or 4(h), or of the commencement of a Blackout Period, such Holder shall discontinue and suspend any disposition of Registrable Securities pursuant to the Registration Documents covering such Registrable Securities until such Holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 4(f) hereof, notice that any event described in Section 4(h) has been lifted, or notice of the end of the Blackout Period, as applicable, and, if so directed by the Company, such Holder shall deliver to the Company (at the Company’s expense) all copies (including, without limitation, any and all drafts), other than permanent file copies, then in such Holder’s possession, of the Registration Documents covering such Registrable Securities current at the time of receipt of such notice.

Appears in 3 contracts

Samples: Registration Rights Agreement (Weatherford International Ltd./Switzerland), Registration Rights Agreement (Weatherford International Ltd./Switzerland), Registration Rights Agreement (Weatherford International Ltd./Switzerland)

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Suspension of Offers and Sales. Each Holder of Registrable Securities agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section SECTION 4(f) or 4(h), hereof or of the commencement of a Blackout Period, such Holder shall discontinue and suspend any disposition of Registrable Securities pursuant to the Registration Documents registration statement covering such Registrable Securities until such Holder’s 's receipt of the copies of the supplemented or amended Prospectus prospectus contemplated by Section SECTION 4(f) hereof, notice that any event described in Section 4(h) has been lifted, hereof or notice of the end of the Blackout Period, as applicable, and, if so directed by the Company, such Holder shall deliver to the Company (at the Company’s 's expense) all copies (including, without limitation, any and all drafts), other than permanent file copies, then in such Holder’s 's possession, of the Registration Documents prospectus covering such Registrable Securities current at the time of receipt of such notice.

Appears in 1 contract

Samples: Registration Rights Agreement (Peoples Liberation Inc)

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