Common use of Take-Down Notice Clause in Contracts

Take-Down Notice. Subject to the other applicable provisions of this Agreement, at any time that any Shelf Registration is effective, if the Majority Holders deliver a notice to the Company (a “Take-Down Notice”) stating that Holders intend to effect a sale or distribution of all or part of the Registrable Securities included on any Shelf Registration (a “Shelf Offering”) and stating the number of the Registrable Securities to be included in such Shelf Offering, then the Company shall amend, subject to the other applicable provisions of this Agreement, or supplement the Shelf Registration as may be necessary in order to enable such Registrable Securities to be sold and distributed pursuant to the Shelf Offering.

Take-Down Notice. Subject to the other applicable provisions of this Agreement, at any time that any Shelf Registration shelf registration statement is effective, if the Majority Holders deliver a Holder delivers a notice to the Company (a “Take-Down Notice”) stating that Holders intend it intends to effect a sale or distribution of all or part of the its Registrable Securities included by it on any Shelf Registration shelf registration statement (a “Shelf Offering”) and stating the number of the Registrable Securities to be included in such Shelf Offering, then the Company shall amendthen, subject to the other applicable provisions of this Agreement, the Company shall amend or supplement the Shelf Registration shelf registration statement as may be necessary in order to enable such Registrable Securities to be sold and distributed pursuant to the Shelf Offering.

Take-Down Notice. Subject to the other applicable provisions of this Agreement, at any time that any Shelf Registration is effective, if the Majority Holders deliver KXXX delivers a notice to the Company (a “Take-Down Notice”) stating that Holders the KXXX Investors intend to effect a sale or distribution of all or part of the Registrable Securities included on any Shelf Registration (a “Shelf Offering”) and stating the number of the Registrable Securities to be included in such Shelf Offering, then the Company shall amend, subject to the other applicable provisions of this Agreement, or supplement the Shelf Registration as may be necessary in order to enable such Registrable Securities to be sold and distributed pursuant to the Shelf Offering.