Examples of Shelf Demand Registration in a sentence
Any such Shelf Demand Registration shall be subject to piggyback rights as described under Section 5 below.
To the extent the Registering Entity is a well known seasoned issuer (a “WKSI”) (as defined in Rule 405 under the Securities Act) at the time any Required Holders make a Shelf Demand Registration, the Registering Entity shall file a Shelf Registration Statement under procedures applicable to WKSIs. The Registering Entity shall not be obligated to file more than one Shelf Demand Registration in any twelve-month period.
The Registration Rights Agreement shall contain customary provisions regarding circumstances where one shelf registration may or may not be accessed by Members holding Registrable Securities and, with respect to the level of assistance the Registering Entity shall provide in facilitating sales through the Shelf Demand Registration.
The Company will keep the Registration Statement filed in respect of any Shelf Demand Registration effective for a period of six months from the date on which the SEC declares such Registration Statement effective (subject to extension pursuant to Section 1.5 hereof) or such shorter period that will terminate when all Registrable Securities covered by such Registration Statement have been sold pursuant to such Registration Statement.
The Registering Entity shall not be obligated to file more than one Shelf Demand Registration in any twelve-month period.
The Company shall give prompt written notice to all holders of Registrable Shares of the Shelf Demand Registration Notice, and each holder of Registrable Shares who wished to include all or a portion of such holder's Registrable Shares in the Shelf Demand registration Statement (each such holder including shares of Registrable Securities in such registration also a Participating Securityholder) shall so notify the Company within 15 days after the receipt by the holder of the notice from the Company.
The Company shall use its best efforts to file the Shelf Registration Statement at the earliest practicable date, but in any event not later than 90 days after the Shelf Demand Registration Notice is received by the Company, and use its best efforts to have the Shelf Registration Statement thereafter declared effective by the SEC at the earliest practicable date.
Unless the Holder or at least a majority in interest of the Holders demanding the Shelf Demand Registration shall agree in writing, no other party, including the Company (but excluding another Holder, if applicable) shall be permitted to offer securities under any such Shelf Demand Registration.
To the extent the Company is a well-known seasoned issuer (a “WKSI”) (as defined in Rule 405 under the Securities Act) at the time any Required Holders make a Shelf Demand Registration, the Company shall file a Shelf Registration Statement under procedures applicable to WKSIs. The Company shall not be obligated to file more than one Shelf Demand Registration in any twelve-month period.
Any such Shelf Demand Registration shall be subject to piggyback rights as described under Section 2.1(c) and any limitations set forth in this Agreement.