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 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thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein); provided that Stockholders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Pinnacle Holdings Inc), Amendment and Acknowledgement (Pinnacle Holdings Inc)

AutoNDA by SimpleDocs

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 ‎Section 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 election, give written notice of such determination to each 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thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular withdrawn or abandoned registration (but not from its obligation to pay the Registration Expenses in connection therewith as provided herein); provided that Stockholders any participating Demand Right Holders may continue the registration as a Demand Registration pursuant to the terms of Section 2.1‎Section 2.01.

Appears in 1 contract

Samples: Registration Rights Agreement (Ribbon Communications Inc.)

AutoNDA by SimpleDocs

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 election, give written notice of such determination to each Stockholder 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); provided that Stockholders any participating Demand Right Holders may continue the registration as a Demand Registration pursuant to the terms of Section 2.12.01.

Appears in 1 contract

Samples: Registration Rights Agreement (Insys Therapeutics, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!