Common use of Inconsistent Instructions Clause in Contracts

Inconsistent Instructions. If the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same Registrable Securities, the Company may act upon the basis of the instructions, notice or election received from the registered owner of such Registrable Securities.

Appears in 2 contracts

Sources: Registration Rights Agreement (Metals Usa Inc), Registration Rights Agreement (Sterling Chemical Inc)