Requested Registrations. 20 7.3 "Piggy Back" Registrations ..........................................21 7.4
Requested Registrations. (a) Registrations on Form S-1.
Requested Registrations. At any time, and from time to time upon the written request of Siena or a majority-in-interest of the Holders, the Company effects the registration under the Securities Act of all or part of such Registrable Securities and specifying the number of Registrable Securities to be registered and the intended method of disposition thereof (a "REQUESTED REGISTRATION"), the Company will use its best efforts to affect the registration under the Securities Act of the Registrable Securities which the Company has been so requested to register by such Holder(s), and all to the extent requisite to permit the disposition (in accordance with the intended methods thereof) of the Registrable Securities so to be registered. Neither the Company nor any of its securityholders shall have the right to include any of the Company's securities (other than Registrable Securities) in a registration statement to be filed as part of a Requested Registration unless: (i) such securities are of the same class as the Registrable Securities and (ii) if such Requested Registration is an underwritten offering, the Company or such securityholders, as applicable, agree in writing to sell their securities on the same terms and conditions as apply to the Registrable Securities being sold. Notwithstanding anything herein to the contrary, the Company shall not be required to honor a request for a Requested Registration if: (a) the Company has previously affected one effective Requested Registration; (b) the Registrable Securities to be so registered do not constitute at least five percent (5%) of the total number of Registrable Securities then outstanding or issuable upon exercise or conversion of the warrants; or (c) such request is received by the Company (i) less than ninety (90) days following the effective date of any previous registration statement filed in connection with a Requested Registration or (ii) less than forty-five (45) days following the effective date of any previous registration statement filed in connection with a Piggyback Registration, regardless of whether any Holder exercised its rights under this Agreement with respect to such registration.
Requested Registrations. (a) If after the earlier of (i) the fourth anniversary of the date hereof and (ii) the consummation of a public offering by the Company, the Company shall receive from one or more Initial Holders a written request that the Company effect the registration of Registrable Securities representing at least twenty five percent (25%) of the Registrable Securities then outstanding or issuable and the reasonably anticipated aggregate price to the public of the Registrable Securities to be included in such registration would exceed $5 million, in connection with a firm commitment underwriting financed by a nationally recognized underwriter, the Company shall:
Requested Registrations. (a) If on any two occasions after the date hereof, the Company shall receive from one or more Initiating Holders a written request (on behalf of such Initiating Holders and their respective affiliates) that the Company effect the registration of Registrable Securities representing at least twenty-five percent (25%) of the Registrable Securities then outstanding or issuable (or any lesser percentage if the reasonably anticipated aggregate price to the public of the Registrable Securities to be included in such registration would exceed $5 million), in connection with a firm commitment underwriting managed by a nationally recognized underwriter, the Company will:
Requested Registrations. (a) If on any three occasions on or after the earlier of the date of the Company's initial public offering or December 31, 2004, the Company shall receive from one or more Initiating Holders a written request that the Company effect the registration of Registrable Common Stock representing at least fifteen percent (15%) of the Registrable Common Stock then outstanding or issuable (or any lesser percentage if the reasonably anticipated aggregate price to the public of the Registrable Common Stock to be included in such registration would exceed $25 million), in connection with a firm commitment underwriting managed by a nationally recognized underwriter, the Company will:
Requested Registrations. (a) If at any time after the earlier of (i) six (6) months after the date of the initial public offering by the Company of its Common Stock or (ii) September 30, 2002, the Company shall receive from one or more Investors a written request that the Company effect the registration of Registrable Securities the Company will:
Requested Registrations. Commencing at any time following six (6) months after the date hereof, one or more Stockholders may request, in writing, that the Company effect the registration under the Securities Act of Registrable Shares owned by one or more Stockholders, so long as the anticipated aggregate gross proceeds in any such registration are anticipated to exceed CDN$5,000,000 (based upon the average of the last sale prices of the Common Stock for the 15 trading days immediately prior to the date of the written notice of the Stockholders requesting such registration); provided, however, that the Company may delay any such demand registration for up to ninety (90) days if the Board of Directors of the Company determines that such delay is required to avoid disclosure of material nonpublic information until the expiration of such period of time; and provided, further, that the Company may not exercise this deferral right more than once in any twelve (12)-month period. Upon receipt of any such request, the Company shall promptly give written notice of such proposed registration to all Stockholders. Such other Stockholders shall have the right, by giving written notice to the Company within ten (10) days after the Company provides its notice, to elect to have included in such registration such of their Registrable Shares as such Stockholders may request in such notice of election. Thereupon, the Company shall, as expeditiously as possible, use all reasonable efforts to effect the registration of all Registrable Shares that the Company has been requested so to register. If available, the Registrable Shares will be registered on a Form S-3 to be filed by the Company. The Company shall not be required to effect more than one (1) such registration statement in any twelve (12)-month period.
Requested Registrations. In any case where a registration is to be effected pursuant to Subsection 3.1 hereof and all of the Registrable Securities and Other Shares (including shares of Common Stock issued or issuable upon conversion of shares of any currently unissued Series of Preferred Stock of the Company) requested to be included in a registration on behalf of Eligible Holders or Other Stockholders cannot be so included as a result of limitations on the aggregate number of shares of Registrable Securities and Other Shares that may be so included, then the number of shares of Registrable Securities and Other Shares that may be so included shall be allocated among the Eligible Holders and Other Stockholders requesting inclusion of shares as follows:
Requested Registrations. (a) Subject to the terms and conditions of this Agreement, in order to fund redemptions of ASLP Units and/or Holdings Notes and Class A Holdings Units, as applicable:
