Common use of Demand and Piggyback Rights for Shelf Takedowns Clause in Contracts

Demand and Piggyback Rights for Shelf Takedowns. Subject to Section 2.6, upon the demand of one or more Requesting Holders made at any time and from time to time, the Company will facilitate in the manner described in this Agreement a “takedown” of Registrable Securities off of an effective shelf registration statement. In connection with any shelf takedown (whether pursuant to the exercise of such demand rights or at the initiative of the Company) in connection with which a “lock-up” arrangement will be imposed, the Investors may exercise piggyback rights to have included in such takedown Registrable Securities held by them that are registered on such shelf.

Demand and Piggyback Rights for Shelf Takedowns. Subject to Section 2.6, upon Upon the demand of one or more Requesting Holders the Preferred Investor Group made at any time and from time to time, the Company will facilitate in the manner described in this Agreement a non-underwritten “takedown” of Registrable Securities off of an effective shelf registration statement. In connection with any underwritten shelf takedown (whether pursuant to the exercise of such demand rights by any other stockholder pursuant to registration rights granted to such stockholder or at the initiative of the Company) in connection with which a “lock-up” arrangement will be imposed), the Investors may Holders may, subject to Section 2.6, exercise piggyback rights to have included in such takedown Registrable Securities held by them that are registered on such shelf.

Demand and Piggyback Rights for Shelf Takedowns. Subject to Section 2.6, upon Upon the demand of one or more Requesting Holders a Securityholder, made at any time and from time to time, the Company will facilitate in the manner described in this Agreement a “takedown” of Registrable Securities off of an effective shelf registration statement. In connection with any underwritten shelf takedown (whether pursuant to the exercise of such demand rights by the Securityholders, or at the initiative of the Company) in connection with which a “lock-up” arrangement will be imposed), the Investors Securityholders may exercise piggyback rights to have included in such takedown Registrable Securities held by them that are registered on such shelf.