Block Trades. Notwithstanding any other provision of this Article II, but subject to Sections 2.3 and 3.4, if the Holders desire to effect a Block Trade, then, notwithstanding any other time periods in this Article II, the Holders shall provide written notice to PubCo at least five (5) business days prior to the date such Block Trade will commence, and PubCo shall use its reasonable best efforts to facilitate such Block Trade as promptly as possible. The Holders shall use reasonable best efforts to work with PubCo and the Underwriters (including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade) in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade and any related due diligence and comfort procedures. In the event of a Block Trade, and after consultation with PubCo, the Demanding Holders and the Requesting Holders (if any) shall determine the Maximum Number of Securities, the underwriter or underwriters and the share price of such offering.
Appears in 4 contracts
Sources: Business Combination Agreement (Crown PropTech Acquisitions), Registration Rights and Lock Up Agreement (Red Rock Acquisition Corp.), Business Combination Agreement (Hennessy Capital Investment Corp. VI)
Block Trades. Notwithstanding any other provision of this Article II, but subject to Sections 2.3 2.4 and 3.4, if the Holders desire to effect a Block Trade, then, then notwithstanding any other time periods in this Article II, the Holders shall provide written notice to PubCo the Company at least five three (53) business days prior to the date such Block Trade will commence. As expeditiously as possible, and PubCo the Company shall use its reasonable best efforts to facilitate such Block Trade as promptly as possibleTrade. The Holders shall use reasonable best efforts to work with PubCo the Company and the Underwriters (including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade) in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade and any related due diligence and comfort procedures. In the event of a Block Trade, and after consultation with PubCothe Company, the Demanding Holders and the Requesting Holders (if any) shall determine the Maximum Number of Securities, the underwriter or underwriters and the share price of such offering.
Appears in 3 contracts
Sources: Registration Rights and Lock Up Agreement (UWM Holdings Corp), Registration Rights Agreement (PAE Inc), Registration Rights Agreement (PAE Inc)
Block Trades. Notwithstanding any other provision of this Article II, but subject to Sections 2.3 2.4 and 3.4, if the Holders desire to effect a Block Trade, then, then notwithstanding any other time periods in this Article II, the Holders shall provide written notice to PubCo the Company at least five (5) business days prior to the date such Block Trade will commence. As expeditiously as possible, and PubCo the Company shall use its reasonable best efforts to facilitate such Block Trade as promptly as possibleTrade. The Holders shall use reasonable best efforts to work with PubCo the Company and the Underwriters (including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade) in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade and any related due diligence and comfort procedures. In the event of a Block Trade, and after consultation with PubCothe Company, the Demanding Holders and the Requesting Holders (if any) shall determine the Maximum Number of Securities, the underwriter or underwriters and the share price of such offering.
Appears in 1 contract
Sources: Registration Rights Agreement (Luminar Technologies, Inc./De)