Common use of Withdrawn Request Clause in Contracts

Withdrawn Request. The Stockholder requesting a registration pursuant to this Section 1.4 may withdraw a request for registration under this Section 1.4 at any time prior to the effective date of the Registration Statement related to such registration, provided that if such Holder elects to remain liable for all expenses incurred in conjunction therewith then such withdrawn registration statement shall not count toward the maximum number of registrations provided for in Section 1.4(c). Notwithstanding the foregoing provisions of this Section 1.4(d), if such withdrawal is the result of a material adverse change in the business, assets, properties, condition (financial or otherwise), results of operations or prospects of the Company that was unknown to such Holder at the time the request for registration was made and the withdrawal of such request is made with reasonable promptness upon learning of such material adverse change, then such a request for registration that is so withdrawn shall not count toward the maximum number of registrations provided for in Section 1.4(c) and such Holder shall not be liable for the expenses incurred in connection with such withdrawn registration statement.