Examples of Demand Right in a sentence
To exercise the Demand Right, an Automatic Conversion Holder shall transmit a notice (the “Demand Notice”) to the Corporation on or prior to the expiration of the Demand Period stating such Automatic Conversion Holder’s exercise of the Demand Right and the intended method of disposition in connection with such Automatic Conversion Holder’s Registrable Securities, to the extent known.
An Automatic Conversion Holder must exercise the Demand Right within the Demand Period, or the Demand Right shall terminate.
An Optional Conversion Holder must exercise the Optional Demand Right within the Optional Demand Period, or the Optional Demand Right shall terminate.
Subject to Section 2.1(f) hereof, no other securities of the Company except securities held by any Holder, any Demand Right Holder, and any Person entitled to exercise "piggy back" registration rights pursuant to contractual commitments of the Company shall be included in a Demand Registration.
Upon any assignment of the Option or portion thereof, the Registration Rights granted pursuant to Section 4 of this Option Agreement can only be exercised upon the unanimous written consent of all holders of the Options at the time the Demand Right is exercised.