Common use of Underwritten Takedown Clause in Contracts

Underwritten Takedown. If TopCo shall receive a request from one or more Investors holding Registrable Securities with an estimated market value of at least $20,000,000 that TopCo effect an Underwritten Takedown of all or any portion of the requesting holder’s Registrable Securities, then TopCo shall promptly give notice of such requested Underwritten Takedown at least five (5) Business Days prior to the anticipated filing date of the prospectus or prospectus supplement relating to such Underwritten Takedown to the other Investors and thereupon shall use its reasonable best efforts to effect, as expeditiously as possible, the offering in such Underwritten Takedown of:

Appears in 3 contracts

Samples: Rights and Lock Up Agreement (Alvotech), Addendum Agreement (Celtic Holdings SCA), Business Combination Agreement (Oaktree Acquisition Corp. II)

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Underwritten Takedown. If TopCo shall receive a request from one or more Investors holding the holders of Registrable Securities with an estimated market value of at least $20,000,000 25,000,000 that TopCo effect an a Underwritten Takedown of all or any portion of the requesting holder’s Registrable Securities, then TopCo shall promptly give notice of such requested Underwritten Takedown at least five seven (57) Business Days prior to the anticipated filing date of the prospectus or prospectus supplement relating to such Underwritten Takedown to the other Investors and thereupon shall use its reasonable best efforts to effect, as expeditiously as possible, the offering in such Underwritten Takedown of:

Appears in 1 contract

Samples: Business Combination Agreement (Arya Sciences Acquisition Corp.)

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