Common use of Company Control Clause in Contracts

Company Control. The Company may decline to file a registration statement referenced to in Section 4(a), or withdraw such registration statement after filing, but prior to the effectiveness of the registration statement; provided that such restriction applies to all security holders selling securities through such registration statement; provided further that the Company shall promptly notify you in writing of any such action. You shall not be permitted to sell any securities pursuant to Section 4(a) at any time that the Board determines in good faith that it would be materially detrimental to the Company or its shareholders for sales of securities to be made; provided that the Company shall promptly notify you in writing of any such action. The Company shall have the sole discretion to select any and all underwriters that may participate in any underwritten offering.

Appears in 3 contracts

Samples: Letter Agreement, Intelsat LTD, Intelsat LTD

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Company Control. The Company may decline to file a registration statement referenced to in Section 4(a)4.01 or 4.02, or withdraw such registration statement after filing, but prior to the effectiveness of the registration statement; provided that such restriction applies to all security holders selling securities through such registration statement; provided further that the Company shall promptly notify you each Shareholders participating in the offering covered by such registration statement in writing of any such action. You The Shareholders shall not be permitted to sell any securities pursuant to Section 4(a) 4.01 or 4.02 at any time that the Board determines in good faith that it would be materially detrimental to the Company or its shareholders for sales of securities to be made; provided that all Shareholders shall be treated consistently in connection with each such determination; and provided further, that the Company shall promptly notify you each Shareholder in writing of any such action. The Company shall have the sole discretion to select any and all underwriters that may participate in any underwritten offering.

Appears in 1 contract

Samples: Shareholders Agreement (Intelsat Global Holdings S.A.)

Company Control. The Company may decline to file a registration statement referenced to in Section 4(a)4.01, or withdraw such registration statement after filing, but prior to the effectiveness of the registration statement; provided that such restriction applies to all security holders selling securities through such registration statement; provided further that the Company shall promptly notify you each Shareholder participating in the offering covered by such registration statement in writing of any such action. You The Shareholders shall not be permitted to sell any securities pursuant to Section 4(a) 4.01 at any time that the Board determines in good faith that it would be materially detrimental to the Company or its shareholders for sales of securities to be made; provided that all Shareholders shall be treated consistently in connection with each such determination; and provided further, that the Company shall promptly notify you each Shareholder in writing of any such action. The Company shall have the sole discretion to select any and all underwriters that may participate in any underwritten offering.

Appears in 1 contract

Samples: Shareholders Agreement (Intelsat Global Holdings S.A.)

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Company Control. The Company may decline to file a registration statement referenced to in Section 4(a2(a), or withdraw such registration statement after filing, but prior to the effectiveness of the registration statement; provided that such restriction applies to all security holders selling securities through such registration statement; provided further that the Company shall promptly notify you in writing of any such action. You shall not be permitted to sell any securities pursuant to Section 4(a2(a) at any time that the Board determines in good faith that it would be materially detrimental to the Company or its shareholders for sales of securities to be made; provided that the Company shall promptly notify you in writing of any such action. The Company shall have the sole discretion to select any and all underwriters that may participate in any underwritten offering.

Appears in 1 contract

Samples: Intelsat LTD

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