Limitations on Demand Rights. Any Demand by a Registration Party shall include a number of Registrable Securities that equals or is greater than the lesser of (i) 1.0% of the total Registrable Securities then outstanding and (ii) $20 million (such value shall be determined based on the value of such Registrable Securities on the date immediately preceding the date upon which the Demand has been received by the Company).
Limitations on Demand Rights. The Founder Registration Parties shall be entitled to make two Demands in the aggregate under Section 2.1(a) and the Other Registration Parties shall be entitled to make two Demands in the aggregate under Section 2.1(a), subject, in each case, to Section 2.6(c). No registration effected pursuant to Section 2.2 or Section 2.3 and no Shelf Take-Down pursuant to Section 2.4 shall be counted as the making of a Demand for purposes of Section 2.1(a).
Limitations on Demand Rights. Any Demand by a Principal Stockholder shall include a number of Registrable Securities that equals or is greater than the lesser of (i) 1.0% of the total Registrable Securities then outstanding and (ii) $20 million (such value shall be determined based on the value of such Registrable Securities on the date immediately preceding the date upon which the Demand has been received by the Company). Wynnchurch shall have the right to make only two Demands for a Demand Registration and only beginning on the first anniversary of the closing of the IPO.
Limitations on Demand Rights. Each GA Registration Party shall be entitled to make five Demands under Section 5.1(a) (and is hereby deemed to have made one of its five Demands for the IPO) and each HF Registration Party shall be entitled to make four Demands under Section 5.1(a); provided, that the GA Registration Parties and the HF Registration Parties shall only be entitled to make a Demand pursuant to Section 5.1(a) if such Registration Party, together with all other Registration Parties delivering the Demand, are requesting the registration of Registrable Securities with an aggregate estimated market value of at least $100 million. No registration effected pursuant to Section 5.2, Section 5.3 or Section 5.4 shall be counted as a request for a Demand for purposes of Section 5.1(a) unless such request is for a Marketed Underwritten Shelf Take-Down pursuant to Section 5.4.
Limitations on Demand Rights. Notwithstanding any other provision set forth in this Section 3, no Holder shall be entitled to deliver a Demand Request within 90 days after the effectiveness of any Registration Statement filed (i) by the Company pursuant to an Underwritten Offering by the Company or (ii) on behalf of any Demand Holder or any other holder of demand registration rights with respect to the Common Stock. The Company shall not be obligated to effect, or to take any action to effect, any such registration pursuant to Section 3.2:
Limitations on Demand Rights. There shall be no limit to the number of occasions on which any Registration Party may make Demands, including with respect to requests for the filing of a Form S3 Registration Statement; provided, that a Registration Party shall only be entitled to make a Demand pursuant to this Section 8.2 (i) (A) following the 2nd anniversary of the Effective Date (unless otherwise provided pursuant to Section 9.10), but subject to Section 8.2(d), or (B) 180 days following a Public Offering and (ii) in any case, if such Registration Party, together with all other Registration Parties delivering the Demand, are requesting the registration of Capital Stock with an aggregate estimated market value of at least $100 million.
Limitations on Demand Rights. The Xxxxx Registration Parties shall be entitled to make seven Demands under Section 2.1(a) and the SL Registration Parties shall be entitled to make three Demands under Section 2.1(a), subject in each case to Section 2.6(c); provided, that any Xxxxx Registration Party or SL Registration Party shall only be entitled to make a Demand pursuant to Section 2.1(a) if such Registration Party is requesting the registration of Registrable Securities held by it and its Affiliates that are Registration Parties with an aggregate estimated market value of at least $50 million. No registration effected pursuant to Section 2.2 or Section 2.3 and no Shelf Take-Down pursuant to Section 2.4 shall be counted as the making of a Demand for purposes of Section 2.1(a); provided, that, subject to Section 2.6(c), a request for a Marketed Underwritten Shelf Take-Down (as defined below) pursuant to Section 2.4(b) shall count as one Demand. For the avoidance of doubt, a demand for shelf registration made together with a request for a Marketed Underwritten Shelf Take-Down shall together constitute a single Demand.
Limitations on Demand Rights. The Xxxxx Registration Parties shall be entitled to make seven Demands under Section 2.1(a), the SL Registration Parties shall be entitled to make two Demands under Section 2.1(a) and the Temasek Registration Parties shall be entitled to make two Demands under Section 2.1(a), subject in each case to Section 2.6(c); provided, that any Xxxxx Registration Party, SL Registration Party or Temasek Registration Party shall only be entitled to make a Demand pursuant to Section 2.1(a) if such Registration Party is requesting the registration of Registrable Securities held by it and its Affiliates that are Registration Parties with an aggregate estimated market value of at least $50 million. No registration effected pursuant to Section 2.2 or Section 2.3 and no Shelf Take-Down pursuant to
Limitations on Demand Rights. (A) The Company shall only be required to comply with a Demand Notice requesting that the Company conduct an Initial Public Offering (i) if delivered on or after the third (3rd) anniversary but prior to the fourth (4th) anniversary of the date hereof, when delivered by Holders of 50% or more of the Company Common Shares then outstanding and (ii) if delivered on or after the fourth (4th) anniversary of the date hereof, when delivered by Holders of 33-1/3% or more of the Company Common Shares then outstanding.
Limitations on Demand Rights. Notwithstanding any other provision set forth in this Section 2, no Investor shall be entitled to deliver a Demand Notice within 90 days after the effectiveness of any Registration Statement filed (i) by the Company pursuant to an Underwritten Offering by the Company or (ii) on behalf of any other Investor or any other holder of demand registration rights with respect to the Common Stock.
