Common use of Demand for Registration Clause in Contracts

Demand for Registration. (a) On and after the date that is six (6) months from the date of this Agreement, the Holders of at least 331/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice (the "Registration Demand") that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice, provided that the aggregate amount of Registrable Stock to be included in such registration shall be equal to at least the Minimum Demand Amount, but not more than 50% (the "Maximum Demand Amount"), of the total Registrable Stock held by such Holder. Following receipt of any notice under this Section 3 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its reasonable efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within forty (40) days after the Company has received the Registration Demand, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders.

Appears in 1 contract

Samples: Registration Rights Agreement (Dycom Industries Inc)

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Demand for Registration. (a) On and after the date that is six (6) months from the date of this Agreement, the Holders of at least 331/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice (the "Registration Demand") that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice, provided that the aggregate amount of Registrable Stock to be included in such registration shall be equal to at least 331/3% (the "Minimum Demand Amount"), but not more than 50% (the "Maximum Demand Amount"), of the total Registrable Stock held by such each Holder. Following receipt of any notice under this Section 3 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its reasonable efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within forty ten (4010) days after the Company has received the Registration Demandgiven such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders.

Appears in 1 contract

Samples: Employment Agreement (Dycom Industries Inc)

Demand for Registration. (a) On and after the date that is six (6) months from the date of this Agreement, the Holders of at least 331/333 1/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice (the "Registration Demand") that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice, provided that the aggregate amount of Registrable Stock to be included in such registration shall be equal to at least 33 1/3% (the "Minimum Demand Amount"), but not more than 50% (the "Maximum Demand Amount"), of the total Registrable Stock held by such each Holder. Following receipt of any notice under this Section 3 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its reasonable efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within forty ten (4010) days after the Company has received the Registration Demandgiven such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders.

Appears in 1 contract

Samples: Registration Rights Agreement (Dycom Industries Inc)

Demand for Registration. (a) On and after the date that is six (6) months from the date of this Agreement, the The Holders of at least 331/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice (the "Registration Demand") that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice. Holders of Registrable Stock may initiate any number of demands for registration under this Section 2(a), provided that the aggregate amount of Registrable Stock to be included in each such registration shall be equal to at least 500,000 shares of Common Stock (the "Minimum Demand Amount, but not more than 50% (the "Maximum Demand Amount"), ) and at least 1,200,000 shares of the total Registrable Stock held by are outstanding immediately prior to such Holderdemand. Following receipt of any notice under this Section 3 2 the Company shall (x) within twenty (20) days notify all other Holders of such request in writing and (y) use its reasonable best efforts to cause to be registered under the Securities Act, subject to the proviso of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within forty ten (4010) days after the Company has received the Registration Demandgiven such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders.. Notwithstanding anything to the contrary in this Section 2, if the managing underwriter (or, in the case of a non-underwritten offering, the Company) has informed the Holders of Registrable Stock

Appears in 1 contract

Samples: Registration Rights Agreement (Advanced Thermal Technologies Inc)

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Demand for Registration. (a) On and after the date that is six (6) months from the date of this Agreementthe final prospectus (as included in a registration statement filed under the Securities Act and declared effective by the SEC) covering the shares of Class A Common Stock sold by the Company in the IPO, the Holders of at least 331/3% of the Registrable Stock (the "Initiating Holders") may demand in a written notice (the "Registration Demand") ------------------ that the Company file a registration statement under the Securities Act (or a similar document pursuant to any other statute then in effect corresponding to the Securities Act) covering the registration of any or all Registrable Stock held by such Initiating Holders in the manner specified in such notice, provided that the aggregate amount of Registrable Stock to be included in such registration shall be equal to at least the Minimum Demand Amount, but not more than 50% (the "Maximum Demand Amount"), of the total Registrable Stock held by such Holder. Following receipt of any notice under this Section 3 2 the Company shall (xi) within twenty (20) days notify all other Holders Holders, if any, of such request in writing and (yii) use its reasonable efforts to cause to be registered under effect the Securities Act, subject to the proviso registration (as set forth in Section 4) of the immediately preceding sentence, all Registrable Stock that the Initiating Holders and such other Holders have demanded, within forty ten (4010) days after the Company has received the Registration Demandgiven such notice, be registered in accordance with the manner of disposition specified in such notice by the Initiating Holders.

Appears in 1 contract

Samples: Registration Rights Agreement (Heller Financial Inc)

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