Examples of Coordination Period in a sentence
From time to time after the closing of the IPO, and prior to the expiration of the Coordination Period, Blackstone may require the Co-Investors to make reasonable efforts to coordinate their efforts to Transfer Shares pursuant to Rule 144 (“144 Coordination”) or to discontinue such requirement.
Upon the demand of (i) a Blackstone Entity made at any time and from time to time or (ii) a Co-Investor made after the expiration of the Coordination Period, the IPO Entity will, in each case, facilitate in the manner described in this Agreement a “takedown” off of an effective shelf registration statement of Shares held by them that are registered on such shelf.
As of the date of this Agreement, 144 Coordination shall be required until the earlier of (x) the expiration of the Coordination Period and (y) such time as Blackstone provides a subsequent notice to the Co-Investors that such coordination is discontinued.
Subject to Section 9.02 of the LLC Agreement, Blackstone, in its sole discretion, may elect to exclude any Co-Investor from the restrictions set forth in Section 3.1 at any time during the Coordination Period.
In order for a Blackstone Entity or a Co-Investor (after the expiration of the Coordination Period) to exercise its right to demand that a registration statement be filed, it must so notify the IPO Entity in writing indicating the number of Registrable Securities sought to be registered and the proposed plan of distribution.
After the closing of the IPO, and prior to the expiration of the Coordination Period, no Co-Investor shall Transfer any or all of its Shares pursuant to Rule 144 or a Block Sale, in each case other than in compliance with Section 3.1(a) hereof.
Thereafter, Blackstone may reinstitute and discontinue 144 Coordination from time to time during the Coordination Period by providing notice to the Co-Investors.
The Requisite Sponsors will form a coordination committee (the “Coordination Committee”) in connection with the closing of the IPO and will thereafter maintain such committee until the end of the Coordination Period.
After the closing of the IPO, and prior to the expiration of the Coordination Period, no Sponsor shall Transfer any or all of its shares of Common Stock pursuant to Rule 144, other than in compliance with Sections 5.02 and 5.03.
Upon the demand of (i) a Blackstone Entity made at any time and from time to time or (ii) a Co-Investor made after expiration of the Coordination Period, the IPO Entity will, in each case, subject to Section 2.12, facilitate in the manner described in this Agreement a non-shelf registered offering of the Alight Inc.