Examples of S-3 Demand Registration in a sentence
The Holders of a majority of the Preferred Stock voting together as a single class and on an as-converted basis, shall have the ability to exercise their S-3 Demand Registration Right an unlimited number of times.
Upon receipt of a valid request for an S-3 Demand Registration, the Company shall promptly, in and any event no later than 15 days after such receipt, notify all other Holders of the making of such demand and shall use its reasonable efforts to register under the Act as expeditiously as may be practicable the Registrable Securities which Holders have requested the Company to register in accordance with this Section 2.1(a)(ii).
The Company will pay all Registration Expenses in connection with any S-3 Demand Registration.
Unless the Majority Holders requesting a S-3 Demand Registration shall consent in writing, no other parties (except other Holders) shall be permitted to offer securities under any such S-3 Demand Registration.
At any time on or after the first anniversary of the Closing Date, one or more holders that in the aggregate beneficially own at least 20% of the Registrable Securities may make a demand that the Company effect the registration of all or part of such Holders' Registrable Securities (an "S-3 Demand Registration").
If any S-3 Demand Registration is in the form of an underwritten offering, the Majority Holders requesting a Demand Registration will select and obtain the investment banker or investment bankers that will administer the offering.
In addition to Demand Registrations, at any time after the Company shall be eligible to register securities under Form S-3 under the Securities Act, the Majority Holders may make a written request for registration on Form S-3 (or any equivalent successor form under the Securities Act) pursuant to this Section 3 of all or part of its Registrable Securities (an "S-3 Demand Registration"); provided, that the Company need effect only two (2) such S-3 Demand Registrations in a calendar year.
As an alternative to Section 2.1(b), ----------------------- during the term of this Agreement, the Stockholders may make a written request for a selling stockholders' shelf registration on Form S-3 (or any equivalent or successor form under the Securities Act) pursuant to this Section 2.1(e) (an "S-3 Demand Registration") of all or part of the Stockholders' Registrable Securities.
In addition to the foregoing expenses, the selling security holders will be responsible for the expenses set forth in Section 6.1 with respect to any Form S-3 Demand Registration in excess of two in any one calendar year.
If the Majority Holders requesting a Demand Registration so elects, the offering of such Registrable Securities pursuant to such S-3 Demand Registration shall be in the form of an underwritten offering.