Common use of Cancellation of Registration Clause in Contracts

Cancellation of Registration. A Supermajority in interest of the ------------------------------ Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 when, in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration. Such cancellation of a registration shall not be counted as one of the three (3) such requested registrations pursuant to Section 3.1(b)(iii); provided, however, that the Holders canceling such registration shall pay expenses attributable to such registration.

Appears in 3 contracts

Samples: Registration Rights Agreement (Telscape International Inc), Registration Rights Agreement (Pointe Communications Corp), Registration Rights Agreement (Telscape International Inc)

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Cancellation of Registration. A Supermajority in interest of the ------------------------------ Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 when, in their discretion, market --------- conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration. Such cancellation of a registration shall not be counted as one of the three (3) such requested registrations pursuant to Section ------- 3.1(b)(iii); provided, however, that the Holders canceling such registration ----------- shall pay all of the fees and expenses attributable to such registrationregistration and the cancellation thereof.

Appears in 2 contracts

Samples: Registration Rights Agreement (Telscape International Inc), Registration Rights Agreement (Telscape International Inc)

Cancellation of Registration. A Supermajority in interest of the ------------------------------ Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 when, in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration. Such cancellation of a registration shall not be counted as one of the three (3) such requested registrations pursuant to Section 3.1(b)(iii); provided, however, that the Holders canceling such registration shall pay all of the fees and expenses attributable to such registrationregistration and the cancellation thereof.

Appears in 2 contracts

Samples: Registration Rights Agreement (Sandler Capital Management), Registration Rights Agreement (TSG Capital Fund Iii L P)

Cancellation of Registration. A Supermajority majority in interest of the ------------------------------ Participating Initiating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 2 when, in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration. Such cancellation of a registration shall not be counted as one of the three (3) such requested registrations pursuant to Section 3.1(b)(iii); provided, however, that 2.1(b)(iii) if the Initiating Holders canceling for such registration shall pay expenses attributable to all Registration Expenses associated with such registration.

Appears in 1 contract

Samples: Registration Rights Agreement (Net Value Holdings Inc)

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Cancellation of Registration. A Supermajority majority in interest of the ------------------------------ Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 2 when, in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration. Such cancellation of a registration shall not be counted as one of the three (3) such requested registrations pursuant to Section 3.1(b)(iii)2.1(b)(iii) or the one (1) such requested registration pursuant to Section 2.2; provided, however, that the Holders canceling such registration shall pay expenses attributable to such registration.

Appears in 1 contract

Samples: Registration Rights Agreement (Bolt Inc)

Cancellation of Registration. A Supermajority in interest of the ------------------------------ ----------------------------- Participating Holders shall have the right to cancel a proposed registration of Registrable Securities pursuant to Article 3 when, in their discretion, market conditions are so unfavorable as to be seriously detrimental to an offering pursuant to such registration. Such cancellation of a registration shall not be counted as one of the three (3) such requested registrations pursuant to Section 3.1(b)(iii); provided, however, that the Holders canceling such registration shall pay expenses attributable to such registration.

Appears in 1 contract

Samples: Registration Rights Agreement (Pointe Communications Corp)

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