Common use of Cancellation of Registration Clause in Contracts

Cancellation of Registration. A majority of the Requesting Holders shall have the right to cancel a proposed Registration of Registrable Securities pursuant to Section 2.01 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Requesting Holders at the time of their written request for a Demand Registration. Such cancellation of a Registration shall not be counted as one of the three (3) Registrations provided for in Section 2.01 above.

Appears in 9 contracts

Samples: Registration Rights Agreement (Talbots Inc), Form of Registration Rights Agreement (BPW Acquisition Corp.), Registration Rights Agreement (National Energy Resources Acquisition CO)

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Cancellation of Registration. A majority majority-in-interest, on an as converted to Common Stock basis, of the Requesting Demanding Holders shall have the right to cancel a proposed Registration registration of Registrable Securities pursuant to Section 2.01 when, 2.1 when (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that is different from the information known was unknown to the Requesting Demanding Holders at the time of their written request for a Demand Registration. Such cancellation of a Registration registration shall not be counted as one of the three (3) Demand Registrations provided for in Section 2.01 above2.1(a) and, notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the expenses of the Demanding Holders incurred in connection with the registration prior to the time of such cancellation.

Appears in 3 contracts

Samples: Registration Rights Agreement (Trian Acquisition I Corp.), Registration Rights Agreement (Trian Acquisition I Corp.), Registration Rights Agreement (Mistral Acquisition CO)

Cancellation of Registration. A majority in interest of the Requesting Holders Initiating Holders, as applicable, shall have the right to cancel a proposed Registration registration of Registrable Securities pursuant to Section 2.01 Article 2 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Requesting Holders at the time of their written request for a Demand Registrationregistration. Such cancellation of a Registration registration shall not be counted as one of the three four (34) Registrations provided such requested registrations pursuant to Section 2.1(b)(iii) for in Section 2.01 abovethe Initiating Holders so long as the Initiating Holders agree to pay the reasonable expenses associated with such cancelled registration.

Appears in 2 contracts

Samples: Registration Rights Agreement (Metastorm Inc), Agreement and Plan of Merger (Metastorm Inc)

Cancellation of Registration. A majority majority-in-interest, on an as converted to Ordinary Share basis, of the Requesting Demanding Holders shall have the right to cancel a proposed Registration registration of Registrable Securities pursuant to Section 2.01 when, 2.1 when (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration registration or (ii) the request for cancellation is based upon material adverse information or event relating to the Company that is different from the information known was unknown to the Requesting Demanding Holders at the time of their written request for a Demand Registration. Such cancellation of a Registration registration shall not be counted as one of the three (3) two Demand Registrations provided for in Section 2.01 above2.1(a).

Appears in 2 contracts

Samples: Registration Rights Agreement (Cazador Acquisition Corp Ltd.), Registration Rights Agreement (Cazador Acquisition Corp Ltd.)

Cancellation of Registration. A majority Majority in Interest of the Requesting Participating Holders shall have the right to cancel a proposed Registration registration of Registrable Securities pursuant to this Section 2.01 2 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Requesting Holders at the time of their written request for a Demand Registration. Such cancellation of a Registration shall not be counted as one of the three (3) Registrations provided for in Section 2.01 above.:

Appears in 2 contracts

Samples: Registration Rights Agreement (Satelites Mexicanos Sa De Cv), Registration Rights Agreement (Satelites Mexicanos Sa De Cv)

Cancellation of Registration. A majority in interest of the Requesting Participating Holders shall have the right to cancel a proposed Registration registration of Registrable Securities pursuant to this Section 2.01 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration or (ii) 2 when the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Requesting Participating Holders at the time of their written request for a the Demand RegistrationRequest. Such cancellation of a Registration registration shall not be counted as one of the three two (32) Registrations provided for in Section 2.01 aboveDemand Requests.

Appears in 2 contracts

Samples: Investors’ Rights Agreement, Investors’ Rights Agreement (Linkedin Corp)

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Cancellation of Registration. A The holders of a majority of the Requesting Holders Registrable Securities participating in a Demand Registration shall have the right to cancel a such proposed Demand Registration of Registrable Securities pursuant to this Section 2.01 1 when, (i) in their reasonable discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration registration or (ii) the request for cancellation is based upon upon, in the reasonable determination of such holders, material adverse information relating to the Company that is different from the information known to the Requesting Holders such holders at the time of their written request for a the Demand Registration. Such cancellation of a Registration shall not be counted as one of the three (3) Registrations provided for in Section 2.01 aboveRequest.

Appears in 2 contracts

Samples: Registration Rights Agreement (DEX ONE Corp), Registration Rights Agreement (R H Donnelley Corp)

Cancellation of Registration. A majority in interest of the Requesting Participating Holders shall have the right to cancel a proposed Registration registration of Registrable Securities pursuant to this Section 2.01 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration or (ii) 2.2 when the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Requesting Participating Holders at the time of their written request for a the Demand RegistrationRequest. Such cancellation of a Registration registration shall not be counted as one of the three two (32) Registrations provided for in Section 2.01 aboveDemand Requests.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Vincera, Inc.), Investors’ Rights Agreement (Vincera, Inc.)

Cancellation of Registration. A majority in interest of the Requesting Holders Initiating Holders, as applicable, shall have the right to cancel a proposed Registration registration of Registrable Securities pursuant to Section 2.01 Article 2 when, (i) in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such Registration or (ii) the request for cancellation is based upon material adverse information relating to the Company that is different from the information known to the Requesting Holders at the time of their written request for a Demand Registrationregistration. Such cancellation of a Registration registration shall not be counted as one of the three four (34) Registrations provided such requested registrations pursuant to Section 2.1(b)(iii) for in Section 2.01 abovethe Initiating Holders so long as the Initiating Holders agree to pay the reasonable expenses associated with such cancelled registrations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metastorm Inc)

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