Termination of Piggyback Rights. The piggyback registration rights provided to the Shareholders under this Section 3 shall terminate as to any Shareholder at such time as such Shareholder is permitted to dispose of all of its Registrable Securities in any six (6) month period under Rule 144 of the Securities Act (including Rule 144(k)).
Appears in 2 contracts
Samples: Registration Rights Agreement (Cumulus Media Inc), Registration Rights Agreement (CML Holdings LLC)
Termination of Piggyback Rights. The piggyback registration rights provided granted pursuant to Section 3.1 shall terminate with respect to the Shareholders under this Section 3 shall terminate as Holder
(i) Upon a Holder's ability to any Shareholder at such time as such Shareholder is permitted to dispose of sell all of his or its Registrable Securities in any six (6) a three-month period without registration pursuant to Rule 144(k) promulgated under Rule 144 of the Securities Act Act; or
(including Rule 144(k))ii) After the Company has effected three (3) registrations pursuant to this Section 3 which registration statements have included the Holder's Registrable Securities and such registrations have been declared or ordered effective.
Appears in 1 contract
Samples: Registration Rights Agreement (Toreador Resources Corp)
Termination of Piggyback Rights. The piggyback registration rights provided to the Shareholders Holders under this Section 3 5(b) shall terminate as to any Shareholder Holder at such time as such Shareholder Holder is permitted to dispose of all of its Registrable Securities in any six (6) month period under Rule 144 of the Securities Act (including Rule 144(k)).
Appears in 1 contract
