Common use of Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights Clause in Contracts

Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the Holders shall forthwith discontinue disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time of such notice), or until it is advised in writing by the Company that the use of the Prospectus may be resumed.

Appears in 3 contracts

Samples: Business Combination Agreement (Andretti Acquisition Corp.), Merger Agreement (ION Acquisition Corp 2 Ltd.), Merger Agreement (Poema Global Holdings Corp.)

AutoNDA by SimpleDocs

Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the Holders shall forthwith discontinue disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment as soon as reasonably practicable after the time of such notice), or until it is advised in writing by the Company that the use of the Prospectus may be resumed.

Appears in 3 contracts

Samples: Registration Rights Agreement (Niocorp Developments LTD), Merger Agreement (CSLM Acquisition Corp.), Registration Rights Agreement (Niocorp Developments LTD)

AutoNDA by SimpleDocs

Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the Holders shall forthwith discontinue disposition of Registrable Securities until he, she or it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time of such notice), or until he, she or it is advised in writing by the Company that the use of the Prospectus may be resumed.

Appears in 1 contract

Samples: Business Combination Agreement (Inflection Point Acquisition Corp. II)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!