Common use of Grant of Registration Rights to Others Clause in Contracts

Grant of Registration Rights to Others. If registration rights are granted to any holder of shares of any class of capital stock or debt of the Company, other than a holder of Registrable Securities or Other Registrable Securities ("Additional Registration Rights"), then the Company shall promptly notify the holders of Registrable Securities upon the grant of such registration rights and offer to the holders of Registrable Securities such additional registration rights granted to such other holders so that the terms and conditions of all registration rights granted to the holders of Registrable Securities by this Agreement and any subsequent agreement are at least as favorable as the registration rights granted to such other holders in all terms and conditions. Upon receipt of such notice and offer, the holders of Registrable Securities shall have 30 days to provide notice to the Company that any such holder of Registrable Securities accepts such additional registration rights. If any such other holder exercises any Additional Registration Rights during such 30-day period, the holders of Registrable Securities shall have the right within such 30-day period to accept the offer, and to provide notice of the intent of any such holder of Registrable Securities to join in any such registration, subject to the terms and conditions of the Additional Registration Rights and this Agreement, as applicable.