Selection of Underwriters definition

Selection of Underwriters. The Purchaser shall select any underwriters in connection with the sale of registered Securities, with the approval of NTL, such approval not to be unreasonably withheld. Assignability: The Purchaser may assign all registration rights. Delay of Filing or Sales: If NTL shall furnish to the Purchaser a certificate signed by its Chairman, Chief Executive Officer or Chief Financial Officer stating that (i) filing a registration statement or maintaining effectiveness of a current registration statement would have a material adverse effect on NTL or its stockholders in relation to any material financing, acquisition or other corporate transaction, and NTL has determined in good faith that such disclosure is not in the best interests of NTL and its shareholders, or (ii) NTL has determined in good faith that the filing or maintaining effectiveness of a current registration statement would require disclosure of material information NTL has a valid business purpose of retaining as confidential, NTL shall be entitled to postpone filing or suspend the use by the Purchaser of the registration statement for a reasonable period of time, but not in excess of 60 consecutive calendar days. NTL shall be entitled to exercise such suspension right more than one time in any calendar year provided that such exercise shall not prevent Purchaser from being entitled to at least 240 days of effective registration rights per year and that no suspension period may commence if it is less than 30 calendar days from the prior such suspension period.

Examples of Selection of Underwriters in a sentence

  • Selection of Underwriters: Underwriters will be chosen by the Requisite Stockholder Majority for the Initial Public Offering.

  • Selection of Underwriters: Purchaser selects underwriters for Demand Registrations subject to Company's consent which shall not be unreasonably withheld.

  • Selection of Underwriters and Counsel................................................5 SECTION 3.05.

  • Right to Piggyback 4 (b) Piggyback Expenses 4 (c) Priority on Primary Registrations 4 (d) Priority on Secondary Registrations 5 (e) Underwritten Offering of Different Classes of Securities 5 (f) Selection of Underwriters 5 5.

  • Selection of Underwriters; Participation in Underwritten Registrations...............................................................

  • Selection of Underwriters Managing underwriter(s) to be selected by Holders representing a majority of the Registrable Securities included in any Demand Registration.