Common use of Demand for Registration Clause in Contracts

Demand for Registration. Upon the receipt from a then Eligible Demand Holder of a Demand Registration Request for the registration of some or all of the Registrable Securities owned by such Eligible Demand Holder at the time of such Demand Registration Request, the Company shall, as soon as reasonably practicable, but in any event within 30 calendar days after receipt of a Demand Registration Request: (i) file a registration statement the form of which is, under the rules and regulations of the Commission, suitable for effecting a public offering in which the Eligible Demand Holders shall be entitled to offer for sale and to sell, pursuant to such registration statement and in the manner requested by such Eligible Demand Holder in the Demand Registration Request, the amount of Registrable Securities as specified in such Demand Registration Request; and (ii) use its best efforts to cause such registration statement to become effective within 90 days after the filing of the registration statement. The Company shall use its best efforts to cause such registration statement to remain effective for the lesser of 150 days after the date such registration statement is declared effective or the period required to effect such sale of Registrable Securities; PROVIDED, HOWEVER, that if all shares registered pursuant to such registration statement are to be sold in a firm commitment underwriting and the underwriter or underwriters determine, in its or their sole discretion, that a period greater than 150 days is necessary in order to consummate such offering, the Company shall use commercially reasonable efforts to cause such registration statement to remain in effect for the period requested by the underwriter or underwriters.

Appears in 2 contracts

Samples: Registration Rights Agreement (Simmonds Capital LTD), Registration Rights Agreement (Simmonds Capital LTD)

AutoNDA by SimpleDocs

Demand for Registration. Upon (a) At any time after the receipt from Holders acquire the Shares, the Holders (the "INITIATING HOLDERS") of at least 20% of the Registrable Stock (the "MINIMUM DEMAND AMOUNT") may demand in a written notice (the "DEMAND NOTICE") that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then Eligible Demand Holder of a Demand Registration Request for in effect corresponding to the Securities Act) covering the registration of some any or all of the Registrable Securities owned Stock held by such Eligible Initiating Holders in the manner specified in the Demand Holder Notice, PROVIDED that the amount of Registrable Stock included in such registration shall be equal to at least the time of such Minimum Demand Registration Request, the Company shall, as soon as reasonably practicable, but in any event within 30 calendar days after Amount. Following receipt of a Demand Registration Request: Notice, the Company shall provide written notification of such Demand Notice to all other Holders within twenty (i20) file a registration statement the form of which is, under the rules and regulations days of the Commission, suitable for effecting a public offering in which the Eligible Demand Holders shall be entitled to offer for sale and to sell, pursuant to such registration statement and in the manner requested by such Eligible Demand Holder in the Demand Registration Request, the amount of Registrable Securities as specified in such Demand Registration Request; and (ii) use its best efforts to cause such registration statement to become effective within 90 days after the filing of the registration statementreceipt thereof. The Company shall use its best efforts to cause such registration statement to remain effective for the lesser of 150 days after the date such registration statement is declared effective or the period required to effect such sale of Registrable Securities; PROVIDED, HOWEVER, that if all shares registered pursuant to such registration statement are to be sold in a firm commitment underwriting and the underwriter or underwriters determine, in its or their sole discretion, that a period greater than 150 days is necessary in order to consummate such offeringThereafter, the Company shall use commercially its reasonable best efforts to cause the prompt registration under the Securities Act of all Registrable Stock with respect to which registration has been demanded pursuant to the Demand Notice. The Company shall also use its reasonable best efforts to cause the prompt registration under the Securities Act of all Registrable Stock with respect to which all other Holders have made a demand for registration (such registration statement to remain in effect for demand having been made no later than fifteen (15) days after the period requested by Company has given notice of its receipt of the underwriter or underwritersDemand Notice from the Initiating Holders).

Appears in 1 contract

Samples: Registration Rights Agreement (Groupe Danone)

AutoNDA by SimpleDocs

Demand for Registration. Upon the receipt from a then Eligible Demand Holder of a Demand Registration Request for the registration of some or all of the Registrable Securities owned by such Eligible Demand Holder at the time of such Demand Registration Request, the Company shall, as soon as reasonably practicable, but in any event within 30 calendar days after receipt of a Demand Registration Request: (i) file a registration statement the form of which is, under the rules and regulations of the Commission, suitable for effecting a public offering in which the Eligible Demand Holders shall be entitled to offer for sale and to sell, pursuant to such registration statement and in the manner requested by such Eligible Demand Holder in the Demand Registration Request, the amount of Registrable Securities as specified in such Demand Registration Request; and (ii) use its best efforts to cause such registration statement to become effective within 90 days after the filing of the registration statement. The Company shall use its best efforts to cause such registration statement to remain effective for the lesser of 150 days after the date such registration statement is declared effective or the period required to effect such sale of Registrable Securities; PROVIDEDprovided, HOWEVERhowever, that if all shares registered pursuant to such registration statement are to be sold in a firm commitment underwriting and the underwriter or underwriters determine, in its or their sole discretion, that a period greater than 150 days is necessary in order to consummate such offering, the Company shall use commercially reasonable efforts to cause such registration statement to remain in effect for the period requested by the underwriter or underwriters.

Appears in 1 contract

Samples: Registration Rights Agreement (Securicor International LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.