Examples of Demand Registration Rights in a sentence
Demand Registration Rights: At any time after the Corporation's first Public Offering of its stock, the Corporation shall, upon receipt of a written request from the holders of at least 25% of the aggregate issued and outstanding Preferred Stock and the Common Stock into which it has been converted, prepare and file under the Act a registration statement in respect of such shares.
Demand Registration Rights The Registration Rights Holders are currently entitled to demand registration rights.
If the Company so postpones the filing or effectiveness of, or suspends the use of, such Registration Statement, Montpelier shall be entitled to withdraw its registration request, in which case, in the event of a Demand Registration, such withdrawn request shall not constitute a Demand Registration Right for purposes of determining the number of Demand Registration Rights to which Montpelier is entitled under this Agreement.
No registration of Registrable Securities pursuant to a request under this Section 6.02 shall be deemed to be considered a Demand Registration or have any effect on the number of Demand Registration Rights available to Montpelier.
The rights of holders of Registrable Securities to register shares hereunder are referred to hereinafter as "Demand Registration Rights." The holders of Registrable Securities may in the aggregate exercise up to two Demand Registration Rights during the Registration Period.