Examples of IPO Demand Registration in a sentence
IPO Demand Registration Rights: The investors may force the company to file a Registration Statement for the Registrable Securities.
Any such request pursuant to clauses (i) and (ii) of this Section 6.1(a) shall hereinafter be referred to as a “Demand Registration.” Each request for a Demand Registration shall specify (x) the kind and aggregate amount of Registrable Securities to be Registered and/or, in the case of an IPO Demand Registration, the number of shares of Issuer Shares to be issued and sold and the number of Registrable Securities (if any) to be sold, and (y) the intended methods of disposition thereof.
All requests for Demand Registrations (including the IPO Demand Registration) shall be made by giving written notice to the Company (the “Demand Registration Notice”).
The IPO Requesting Holders may request that the IPO Demand Registration be an underwritten offering.
On one occasion, after January 30, 2003 but prior to the closing of the Company's initial public offering of its Common Stock, the Holders of a majority of the Paribas Registrable Securities shall be entitled to effect an initial public offering of the Company's Common Stock by a written request for a Demand Registration (the "Paribas IPO Demand Registration").
If Oaktree delivers an IPO Demand Registration, and after delivering a timely IPO Notice the Company completes an Initial Public Offering on or before the six-month anniversary of the date of delivery of the IPO Notice, then Oaktree's IPO Demand Registration shall automatically be deemed to have been withdrawn, and shall not count as one of the Oaktree Group's permitted Long-Form Registrations.
Notwithstanding the foregoing, (i) each Sponsor Demand Holder may request no more than two (2) Demand Registrations in any 12-month period, and (ii) in no event shall the Issuer be required to effect more than a total of two (2) Demand Registrations in any 12-month period; provided, however, that such limitations shall not apply to an IPO Demand Registration, which IPO Demand Registration may only be made as provided in Section 6.1(a)(i).
Notwithstanding anything in Section 4.6(b) or elsewhere herein to the contrary, Blackstone may not transfer its right to effect an IPO Demand Registration to any Person.
Upon receiving a request for an IPO Demand Registration, the Company shall cause GridAmerica HoldCo to prepare and file as soon as practicable the documents necessary to effect such IPO Demand Registration and shall use commercially reasonable efforts to cause the same to be declared effective by the SEC as soon as practicable.
If the Company delivers an IPO Notice but fails to complete an Initial Public Offering on or prior to the six-month anniversary of the date of delivery of its IPO Notice, then on the day following the six-month anniversary of the date of the Company's IPO Notice, Oaktree's request for an IPO Demand Registration shall be deemed to be automatically reinstated (unless previously withdrawn by notice in writing by Oaktree to the Company).