Common use of Long-Form Registration Clause in Contracts

Long-Form Registration. (a) If at any time (i) prior to the termination of this Agreement under Section 13 the Company becomes ineligible to file or maintain the Shelf Registration Statement, or the Shelf Registration Statement for any other reason ceases to be effective, Infineon may request the Company, in writing, to effect the registration of Registrable Shares owned by Infineon on a Long Form (which can at the Company's discretion be made on a Short Form if available). (b) Thereupon, the Company shall, as expeditiously as reasonably possible, use its reasonable best efforts to effect the registration of all Registrable Shares which the Company has been requested to so register on a Long Form, provided, however, that the Company shall not be required to effect any registration of Registrable Shares unless Registrable Shares are proposed to be offered at an aggregate proposed offering price net of underwriting commissions of at least $25,000,000 (based on the then current public market price, if any). (c) If requested by Infineon, the method of disposition of all Registrable Shares included in such registration shall be an underwritten offering effected in accordance with Section 5.

Appears in 2 contracts

Sources: Registration Rights Agreement (Finisar Corp), Registration Rights Agreement (Finisar Corp)