Common use of Timing and Manner of Sales Clause in Contracts

Timing and Manner of Sales. Any sale of Registrable -------------------------- Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 may be made only during the Registration Period. In addition, any sale of Registrable Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 may only be made in accordance with the method or methods of distribution of such Registrable Securities that are described in the registration statement for the Shelf Registration (or Subsequent Registration, as applicable) and permitted by such form of registration statement. Subject to any other agreements between the Holder and Parent or Surviving Corporation, notwithstanding the terms and conditions of this Section 12, a Holder may also sell Registrable Securities in a bona fide private offering if the selling Holder provides Parent with a written opinion of counsel, satisfactory to counsel to Parent acting in a reasonable manner, that such offer and sale is an exempt transaction under the Securities Act and applicable state securities laws, complies with all requirements for such exemptions and is not made with use of the prospectus for the Shelf Registration (or Subsequent Registration, if applicable).

Appears in 1 contract

Samples: Merger Agreement (Interwoven Inc)

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Timing and Manner of Sales. Any sale of Registrable -------------------------- Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 may be made only during the Registration Period. In addition, any sale of Registrable Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 may only be made in accordance with the method or methods of distribution of such Registrable Securities that are described in the registration statement for the Shelf Registration (or Subsequent Registration, as applicable) and permitted by such form of registration statement. Subject to any other agreements between the Holder and Parent Acquirer or Surviving Corporation, notwithstanding the terms and conditions of this Section 12, a Holder may also sell Registrable Securities in a bona fide private offering if the selling Holder provides Parent Acquirer with a written opinion of counsel, satisfactory to counsel to Parent Acquirer acting in a reasonable manner, that such offer and sale is an exempt transaction under the Securities Act and applicable state securities laws, complies with all requirements for such exemptions and is not made with use of the prospectus for the Shelf Registration (or Subsequent Registration, if applicable).

Appears in 1 contract

Samples: Merger Agreement (Interwoven Inc)

Timing and Manner of Sales. Any sale of Registrable Securities -------------------------- Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 1.2 may be made only during the Registration Period. In addition, any sale of Registrable Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 1.2 may only be made in accordance with the method or methods of distribution of such Registrable Securities that are described in the registration statement for the Shelf Registration (or Subsequent Registration, as applicable) and permitted by such form of registration statement. Subject to any other agreements between the Holder and Parent Extreme or Surviving Corporation, notwithstanding the terms and conditions of this Section 121, a Holder may also sell Registrable Securities in a bona fide private offering if the selling Holder provides Parent Extreme with a written opinion of counsel, satisfactory to counsel to Parent Extreme acting in a reasonable manner, that such offer and sale is an exempt transaction under the Securities Act and applicable state securities laws, complies with all requirements for such exemptions and is not made with use of the prospectus for the Shelf Registration (or Subsequent Registration, if applicable), or if such resale is made in accordance with Rule 144 promulgated under the Securities Act (or successor provisions).

Appears in 1 contract

Samples: Registration Rights Agreement (Extreme Networks Inc)

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Timing and Manner of Sales. Any sale of Registrable Securities -------------------------- Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 may be made only during the Registration Period. In addition, any sale of Registrable Securities pursuant to a Shelf Registration or a Subsequent Registration under this Section 12.2 may only be made in accordance with the method or methods of distribution of such Registrable Securities that are described in the registration statement for the Shelf Registration (or Subsequent Registration, as applicable) and permitted by such form of registration statement. Subject to any other agreements between the Holder and Parent or Surviving Corporation, notwithstanding the terms and conditions of this Section 12, a Holder may also sell Registrable Securities in a bona fide private offering if the selling Holder provides Parent with a written opinion of counsel, satisfactory to counsel to Parent acting in a reasonable manner, that such offer and sale is an exempt transaction under the Securities Act and applicable state securities laws, complies with all requirements for such exemptions and is not made with use of the prospectus for the Shelf Registration (or Subsequent Registration, if applicable).

Appears in 1 contract

Samples: Merger Agreement (Interwoven Inc)

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