Common use of Agreements of Holder Clause in Contracts

Agreements of Holder. Holder (i) upon receipt of a notice from the Company of the occurrence of any event of the kind described in Subsection 3.4 shall forthwith discontinue Holder's disposition of securities included in the registration statement until Holder receives copies of the supplemented or amended prospectus, and (ii) if so directed by the Company, shall deliver to the Company, at the Company's expense, all copies (other than permanent file copies) then in Holder's possession of the prospectus covering such securities that was in effect at the time of receipt of such notice.

Appears in 3 contracts

Samples: Agreement (KLS Enviro Resources Inc), Registration Rights Agreement (KLS Enviro Resources Inc), Registration Rights Agreement (Jungle Street Inc)

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Agreements of Holder. Holder (i) upon receipt of a notice from the -------------------- Company of the occurrence of any event of the kind described in Subsection 3.4 shall forthwith discontinue Holder's disposition of securities included in the registration statement until Holder receives copies of the supplemented or amended prospectus, and (ii) if so directed by the Company, shall deliver to the Company, at the Company's expense, all copies (other than permanent file copies) then in Holder's possession of the prospectus covering such securities that was in effect at the time of receipt of such notice.

Appears in 2 contracts

Samples: Registration Rights Agreement (Ion Laser Technology Inc), Registration Rights Agreement (Ion Laser Technology Inc)

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