Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 that such holders wish to effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate the offering of such Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such request.
Appears in 4 contracts
Samples: Registration Rights Agreement (Leo Holdings III Corp.), Registration Rights Agreement (Hims & Hers Health, Inc.), Registration Rights Agreement (Flexible Solutions International Inc)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 that such holders wish to the Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate initiate the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such requestoffering under Section 2.1.7.
Appears in 4 contracts
Samples: Addendum Agreement (Allurion Technologies, Inc.), Addendum Agreement (Compute Health Acquisition Corp.), Addendum Agreement (Compute Health Acquisition Corp.)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 that such holders wish to the Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate initiate the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such requestoffering under Section 2.1.6.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Adit EdTech Acquisition Corp.), Addendum Agreement (GRIID Infrastructure Inc.), Addendum Agreement (Adit EdTech Acquisition Corp.)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 5,000,000 that such holders wish to the Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts but subject to facilitate compliance with the notice requirements of Section 2.1.6 above, initiate the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such requestoffering under Section 2.1.7.
Appears in 3 contracts
Samples: Addendum Agreement (Cero Therapeutics Holdings, Inc.), Business Combination Agreement (Phoenix Biotech Acquisition Corp.), Rights and Lock Up Agreement (Cero Therapeutics Holdings, Inc.)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 that such holders wish to the Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate effect the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such requestoffering under Section 2.1.7.
Appears in 2 contracts
Samples: Investor Rights Agreement (Janus International Group, Inc.), Addendum Agreement (Janus Parent, Inc.)
Block Trade. If the Company shall receive a request from the holders Holders of Registrable Securities with an estimated market value of at least $10,000,000 15,000,000 that such holders wish to effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possiblepracticable, use commercially reasonable efforts to facilitate the offering of such Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such request.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Spring Valley Acquisition Corp.)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 that such holders wish to the Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such requestoffering under Section 2.1.7.
Appears in 1 contract
Samples: Investor Rights and Lock Up Agreement (Immatics N.V.)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 5,000,000 that such holders wish to the Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate initiate the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such requestoffering under Section 2.1.7.
Appears in 1 contract
Samples: Company Stockholder Support Agreement (Dynamics Special Purpose Corp.)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 that such holders wish to Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate effect the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such requestoffering under Section 2.1.7.
Appears in 1 contract
Samples: Addendum Agreement (Stem, Inc.)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value bona fide anticipated gross proceeds of at least $10,000,000 that such holders wish to effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate the offering of such Registrable Securities for which such requesting holder has requested in such Block Trade, and in any event, within 72 hours of receipt of such request.
Appears in 1 contract
Samples: Registration Rights Agreement (Leo Holdings Corp. II)
Block Trade. If the Company shall receive a request from the holders of Registrable Securities with an estimated market value of at least $10,000,000 10.0 million that such holders wish to the Company effect the sale of all or any portion of the Registrable Securities in a Block Trade, then the Company shall, as expeditiously as possible, use commercially reasonable efforts to facilitate effectuate the offering in such Block Trade of such the Registrable Securities for which such requesting holder has requested in such offering under Section 2.1.9. Notwithstanding anything herein to the contrary, a Block Trade, and in any event, within 72 hours of receipt of such requestTrade shall not be counted as an Underwritten Takedown effected pursuant to Section 2.1.5(e).
Appears in 1 contract
