Common use of Withdrawal of Demand Clause in Contracts

Withdrawal of Demand. If any holder of Registrable Securities disapproves of the terms of the underwritten public offering, such holder may elect to withdraw the request for a Demand Registration by providing written notice to the Company. In the event of such withdrawal, and if such holder reimburses the Company for its Registration Expenses arising directly from such holder's request for a Demand Registration, such initial request shall not count for purposes of determining the number of Demand Registrations to which the Significant Stockholders are entitled pursuant to Section 1(a) hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Holopak Technologies Inc), Registration Rights Agreement (Foilmark Inc), Agreement and Plan of Merger (Simon Robert J)

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Withdrawal of Demand. If any holder of Registrable Securities disapproves of the terms of the underwritten public offering, such holder may elect to withdraw the request for a Demand Registration by providing written notice to the Company. In the event of such withdrawal, and if such holder reimburses the Company for its Registration Expenses arising directly from such holder's request for a Demand Registration, such initial request shall not count for purposes of determining the number of Demand Registrations to which the Significant Stockholders are entitled pursuant to Section 1(a) hereof.. (h)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Foilmark Inc)

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Withdrawal of Demand. If any holder the Holders of a majority of Registrable Securities disapproves of the terms of the an underwritten public offering, such holder Holders may elect to withdraw the request for a Demand Registration by providing written notice to the Company. In the event of such withdrawal, and if such holder reimburses Holders reimburse the Company for its Company Registration Expenses (as defined in Section 4) arising directly from such holder's Holders' request for a Demand Registration, such initial request shall not count for purposes of determining the number of Holders' right to a Demand Registrations to which the Significant Stockholders are entitled Registration pursuant to Section 1(a) 2.1 hereof.

Appears in 1 contract

Samples: Investor Rights Agreement (Loyaltypoint Inc)

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