Common use of Withdrawal by the Company Clause in Contracts

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1 hereof.

Appears in 2 contracts

Samples: Registration Rights Agreement (Morgan Stanley), Registration Rights Agreement (Viatel Holding Bermuda LTD)

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Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities the Piggyback Notice as set forth in this Section 2.2 2.4(a) and prior to the time the registration statement filed in connection with such registration Piggyback Registration is declared effective, the Company shall determine for any reason not to register such equity securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder Stockholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration Piggyback Registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event , provided, that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders Stockholders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1 hereof2.2.

Appears in 2 contracts

Samples: Stockholders Agreement (Global Signal Inc), Stockholders Agreement (Crown Castle International Corp)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder Stockholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1 hereofRegistration.

Appears in 1 contract

Samples: Registration Rights Agreement (United States Leather Inc /Wi/)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 1.2 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder Stockholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1 1.1 hereof.

Appears in 1 contract

Samples: Registration Rights Agreement (Washington Group International Inc)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its equity securities as set forth in this Section 2.2 and prior to the time the registration statement filed in connection with such registration Piggyback Registration is declared effective, the Company shall determine for any reason not to register such equity securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder Stockholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration Piggyback Registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event ; provided, that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders Stockholders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1 hereof2.1.

Appears in 1 contract

Samples: Investor Agreement (Global Signal Inc)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 5.2 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, give written notice of such determination determina tion to each Affiliated Shareholder the Investor and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection connec tion therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to Registration. The continuation of such registration shall be counted as a Demand by the terms of Section 2.1 hereofInvestor.

Appears in 1 contract

Samples: Stockholder Agreement (Relational Investors LLC)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, shall give written notice of such determination to each Affiliated Shareholder Stockholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses (as hereinafter defined) in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount $10 million of aggregate Fair Market Value of Registrable Securities, Securities as of such date then such holders may continue the such registration as a an underwritten Demand Registration pursuant to the terms of Section 2.1 hereofRegistration.

Appears in 1 contract

Samples: Registration Rights Agreement (Enovation Controls, Inc.)

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Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 5.02 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder Stockholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to the terms Registration. The continuation of Section 2.1 hereofsuch registration shall be counted as a Demand for all Stockholders who continue as participants in such registration.

Appears in 1 contract

Samples: Stockholders Agreement (Hayes Wheels International Inc)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 5.2 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder the Investor and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to Registration. The continuation of such registration shall be counted as a Demand by the terms of Section 2.1 hereofInvestor.

Appears in 1 contract

Samples: Stockholder Agreement (Apria Healthcare Group Inc)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 5.02 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its election, give written notice of such determination to each Affiliated Shareholder Stock- holder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to the terms Registration. The continuation of Section 2.1 hereofsuch registration shall be counted as a Demand for all Stockholders who continue as participants in such registration.

Appears in 1 contract

Samples: Stockholders' Agreement (Nomura Holding America Inc Et Al)

Withdrawal by the Company. If, at any time after giving written notice of its intention to register any of its securities as set forth in this Section 2.2 2.02 and prior to the time the registration statement filed in connection with such registration is declared effective, the Company shall determine for any reason not to register such securities, the Company may, at its electionelec- tion, give written notice of such determination to each Affiliated Shareholder Stockholder and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein). In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1 hereofRegistration.

Appears in 1 contract

Samples: Registration Rights Agreement (County Seat Stores Inc)

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