Common use of Action to be Taken by the Holders Clause in Contracts

Action to be Taken by the Holders. The Company's obligations under this Section 1 shall be conditioned upon a timely receipt by the Company in writing of: (i) information as to the terms of such public offering furnished by or on behalf of each holder of Securities intending to make a public offering of his, her or its Securities, and (ii) such other information as the Company may reasonably require from such holders, or any underwriter for any of them, for inclusion in such registration statement.