Underwriter’s Cutback. (a) If, in connection with a Demand Registration or a Piggy-Back Registration, the managing underwriter or underwriters shall impose a limitation on the number or kind of securities which may be included in any such Distribution because, in its reasonable judgment, the inclusion of securities requested to be included in such offering exceeds the number of securities which can be sold in an orderly manner in such offering within the Minimum Price (an “Underwriters’ Cutback”), then the Company shall be obligated to include in such Distribution such securities as is determined in good faith by such managing underwriter or underwriters in the following priority:
Appears in 10 contracts
Samples: Subscription Agreement (Canopy Growth Corp), Investor Rights Agreement (Canopy Growth Corp), Investor Rights Agreement (Canopy Growth Corp)
Underwriter’s Cutback. (a) If, in connection with a Demand Registration or a Piggy-Back Registration, the managing underwriter or underwriters shall impose a limitation on the number or kind of securities which may be included in any such Distribution because, in its reasonable judgment, the inclusion of securities requested to be included in such offering exceeds would likely have a significant adverse effect on the number distribution or sales price of the securities which can to be sold in an orderly manner in such offering within the Minimum Price Distribution (an “Underwriters’ Cutback”), then the Company shall be obligated to include in such Distribution such securities as is determined in good faith by such managing underwriter or underwriters in the following priority:
Appears in 4 contracts
Samples: Investor Rights Agreement (Altria Group, Inc.), Investor Rights Agreement (Cronos Group Inc.), Subscription Agreement (Cronos Group Inc.)
Underwriter’s Cutback. (a) If, in connection with a Demand Registration or a Piggy-Back Registration, the managing underwriter or underwriters shall impose a limitation on the number or kind of securities Shares which may be included in any such Distribution because, in its reasonable judgment, the inclusion of securities Shares requested to be included in such offering exceeds the number of securities Shares which can be sold in an orderly manner in such offering within the Minimum Price (an “Underwriters’ Cutback”), then the Company shall be obligated to include in such Distribution such securities Shares as is determined in good faith by such managing underwriter or underwriters in the following priority:
Appears in 1 contract
Samples: Registration Rights Agreement
Underwriter’s Cutback. (a1) If, in connection with a Demand Registration or a Piggy-Back Piggyback Registration, the managing underwriter or underwriters shall impose a limitation on the number or kind of securities which may be included in any such Prospectus Distribution because, in its reasonable judgment, the inclusion of securities requested to be included in such offering exceeds the number of securities which can be sold in an orderly manner in such offering within the Minimum Price (an “Underwriters’ Cutback”), then the Company shall be obligated to include in such Prospectus Distribution such securities as is determined in good faith by such managing underwriter or underwriters in the following priority:
Appears in 1 contract
Samples: Investor Rights Agreement (Charlotte's Web Holdings, Inc.)
Underwriter’s Cutback. (a) If, in connection with a Demand Registration or a Piggy-Back Registration, the managing underwriter or underwriters shall impose a limitation on the number or kind of securities which may be included in any such Distribution (an “Underwriters’ Cutback”) because, in its reasonable judgment, the inclusion of securities requested to be included in such offering exceeds the number of securities which can be sold in an orderly manner in such offering within the Minimum Price (an “Underwriters’ Cutback”)Range, then the Shareholders and the Company shall be obligated to include in such Distribution such securities as is determined in good faith by such managing underwriter or underwriters in the following priority:
Appears in 1 contract
Underwriter’s Cutback. (a) If, in connection with a Demand Registration or a Piggy-Back Piggyback Registration, the managing lead underwriter or underwriters shall impose a limitation on the number or kind of securities which may be included in any such Distribution because, in its reasonable judgment, the inclusion of securities requested to be included in such offering exceeds the number of securities which can be sold in an orderly manner in such offering within a price range reasonably acceptable to the Minimum Price Company (an “Underwriters’ Cutback”), then the Company shall will be obligated to include in such Distribution such securities as is determined in good faith by such managing lead underwriter or underwriters in the following priority:
Appears in 1 contract
Samples: Investor Rights Agreement