Apportionment in Registrations Requested Clause Samples

Apportionment in Registrations Requested. If, in connection with a registration demanded pursuant to this Section 2.1, the managing underwriter shall advise the Company in writing that, in its opinion, the number of securities requested to be included in such registration would be likely to have an adverse effect on marketing the offering, the Company will include in such registration prior to including any other shares in such registration, to the extent of the number which the Company is so advised can be sold in such offering, Series D Registrable Securities or Registrable Securities, as applicable, requested to be included in such registration pro rata among the Holders thereof requesting such registration on the basis of the percentage of the Series D Registrable Securities or Registrable Securities, as applicable, sought to be registered held by such Holders of Series D Registrable Securities or Registrable Securities, as applicable, which have requested that such Series D Registrable Securities or Registrable Securities, as applicable, be included.

Apportionment in Registrations Requested. With respect to any registration requested pursuant to Section 2.1(a) or (b), if the managing underwriter shall advise the Registrant in writing (with a copy to each holder including or requesting the inclusion of its Registrable Securities in such registration statement) that, in its opinion, the number of securities requested to be included in such registration exceeds the number that can be sold in such offering within a price range acceptable to Global or would in any other manner adversely affect such offering, the number of Registrable Securities requested to be so included shall be reduced so that each seller shall be entitled to include such number of Registrable Securities, as the case may be, determined by multiplying the number of Registrable Securities that such managing underwriter has advised may be included in such registration without so adversely affecting the offering or the price range thereof by a fraction, the numerator of which is the number of Registrable Securities held by such seller of Registrable Securities and the denominator of which is the total number of Registrable Securities held by all Persons who have requested to sell Registrable Securities in the offering.

Apportionment in Registrations Requested. If the managing underwriter of any registration effected pursuant to this Section 1.1 shall advise the Partnership in writing (with a copy to the Company) that, in its opinion, the number of securities requested to be included in such registration exceeds the number which can be sold in such offering within a price range acceptable to the Partnership, the Company will include in such registration, the maximum number of Registrable Securities which the Company is so advised can be sold in such offering.

Apportionment in Registrations Requested. If a registration ---------------------------------------- requested pursuant to this Section 8.a or pursuant to Section 8.b is ----------- ----------- an underwritten offering and the managing underwriter advises Buffton in writing (with a copy to the Requesting Holder and STOCK EXCHANGE AGREEMENT PAGE 28 any other stockholders who requested inclusion of Registrable Securities or other Buffton Common Stock in the registration) that, in its opinion, the number of Registrable Securities requested to be included in such registration exceeds the number that can be sold in such offering or would in any other manner adversely effect such offering, Buffton shall include in such registration all of such Registrable Securities that Buffton is advised can be sold in such offering. To the extent that such number is less than the total number of Registrable Securities and other Buffton Common Stock requested to be included in such registration, the number of Registrable Securities to be so included shall be reduced on a pro rata basis among all holders, whose Buffton Common Stock are included in such registration such that each holder whose Buffton Common Stock is so included shall be entitled to include such number of shares of Buffton Common Stock included in such offering, determined by multiplying the number of shares of Buffton Common Stock requested to be included by the Registration Rights Holders by a fraction the numerator of which is equal to the sum of the number of shares of Buffton Common Stock that such managing underwriter has advised may be included in such registration, and the denominator of which is the total number of shares of Buffton Common Stock requested to be included in such registration by all holders. Subject to the limitations on number of shares stated in Section 7.a.(2), in the event of any such reduction at the request of an underwriter, either pursuant to the initial demand registration by ▇▇▇▇▇▇▇ and/or Mathot or a subsequent one pursuant to this sentence, ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇, and if there is no other registration within the next 12 months pursuant to which the shares unsold because of such reduction can be sold pursuant to Section 8.b, ▇▇▇▇▇▇▇ and Mathot shall be entitled to exercise one additional demand right pursuant to this Section 8.a in order to sell such unsold shares.