Demand Right definition

Demand Right shall have the meaning ascribed to it in Section 2.1(a).

Demand Right has the meaning ascribed to such term in Section 2.1(a)(i).

Demand Right. As defined in Section 3(a) hereof.

Examples of Demand Right in a sentence

• The Company shall cause any registration statement or post-effective amendment filed pursuant to the Demand Right granted under Section 8.2(a) to remain effective for a period of nine consecutive months from the effective date of such registration statement or post-effective amendment.

• An Optional Conversion Holder must exercise the Optional Demand Right within the Optional Demand Period, or the Optional Demand Right shall terminate.

• An Automatic Conversion Holder must exercise the Demand Right within the Demand Period, or the Demand Right shall terminate.

• 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.

• 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.

More Definitions of Demand Right

Demand Right has the meaning set forth in Section 5A(a).

Demand Right is defined in Section 4(b)(i).

Demand Right. As defined in Section 2(b) hereof.

Demand Right shall have the meaning ascribed to it in Section 2.1(a). “Determination Date” shall have the meaning ascribed to it in Section 2.2(d). “Disadvantageous Condition” shall have the meaning ascribed to it in Section 2.3(a). “Equity Equivalents” means any securities, rights, options or warrants (or similar securities) to purchase Common Stock, and or obligations of any type whatsoever that are, or may become, convertible into or exercisable for or exchangeable into Common Stock. “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. “FINRA” shall mean the Financial Industry Regulatory Authority or any successor regulatory authority. “Fully Diluted Outstanding Shares” means, at the relevant time, the number of Shares of Common Stock outstanding, assuming all Equity Equivalents then outstanding have been converted, exercised, or exchanged, as the case may be, into Shares of Common Stock at (if applicable) the then applicable conversion or exercise price. “Holders” shall mean (i) Southwest and (ii) any Permitted Transferees. “Information” shall have the meaning ascribed to it in Section 4.1(i). “Initial Notice” shall have the meaning ascribed to it in Section 3.1. “Inspectors” shall have the meaning ascribed to it in Section 4.1(i). “Lock-Up Period” shall have the meaning ascribed to it in Section 2.6(a). “Marketed Underwritten Shelf Take-Down” shall have the meaning ascribed to it in Section 2.2(c)(i). “Permitted Transferee” shall have the meaning ascribed to it in Section 2.9. “Person” shall be construed broadly and shall include, without limitation, an individual, a partnership, a limited liability company, a corporation, an association, a joint stock company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision thereof. “Piggyback Notice” shall have the meaning ascribed to it in Section 3.1(a). “Piggyback Registration” shall mean any registration pursuant to Section 3.1(a). “Prospectus” shall mean the prospectus included in any Registration Statement, as amended or supplemented by any prospectus supplement with respect to the terms of the offering of any portion of the securities covered by such Registration Statement and, in each case, by all other amendments and supplements to such prospectus, including post-effective amendments and, in each case, all material incorporated by reference in such prospectus. ...

Demand Right has the meaning set forth in Section 3.1(a).

Demand Right is defined in Section 7(b)(i).

Demand Right has the meaning set forth in Section 11.2(a).