Examples of Demand Registration Right in a sentence
In such event, the Registration Period shall be extended by the amount of such delay and the related Demand Registration Right would be deemed not to be exercised.
If the Company so postpones the filing or effectiveness of, or suspends the use of, such Registration Statement, Montpelier shall be entitled to withdraw its registration request, in which case, in the event of a Demand Registration, such withdrawn request shall not constitute a Demand Registration Right for purposes of determining the number of Demand Registration Rights to which Montpelier is entitled under this Agreement.
Mr. Benaroya has a similar Demand Registration Right exercisable on one occasion with respect to an offering of not more than 2,687,500 shares of Common Stock.
Sdot Yam will not assign to the Purchaser its right pursuant to Section 2 of the Registration Rights Agreement to demand registration of shares for trading (the “Demand Registration Right”) in respect of any shares, provided however that it is hereby agreed that the Purchaser will be entitled to participate in the registration for trading initiated by Sdot Yam by virtue of the Demand Registration Right.
Each of the Piggy-Back Registration Right and the Demand Registration Right are exercisable at any time provided that CTC owns at least a 10% effective interest in the REIT (on a fully-diluted basis) at the time of exercise.