Examples of Demand Stockholder in a sentence
Each Demand Request shall specify the number of Registrable Shares proposed to be sold by such Demand Stockholder.
Any Demand Stockholder having notified or directed the Company to include any or all of its Registrable Securities in a registration statement under the Securities Act shall have the right to withdraw any such notice or direction with respect to any or all of the Registrable Securities designated by it for registration by giving written notice to such effect to the Company prior to the effective date of such registration statement.
The Company shall be deemed to have effected a registration pursuant to Section 3(a) in the case of any such revocation unless the Initiating Demand Stockholder reimburses the Company for all Registration Expenses incurred by the Company with respect to such revoked request.
If any Demand Stockholder requests a Fully Marketed Underwritten Offering, the Company shall provide Full Cooperation in connection therewith.
If the Company effects the registration of less than all of the Registrable Securities held by the Demand Stockholders pursuant to the Demand Registration pursuant to Subsection 2(a) solely as a result of the operation of Subsection 2(c), the Demand Stockholder may at any time request an additional two Demand Registrations, provided that at least six months have elapsed since the effective date of the most recent Demand Registration.