Common use of Multiple Demands Clause in Contracts

Multiple Demands. If the Company shall receive, within a period of 15 days, a request to file a registration statement from more than one Person who has the contractual right (whether exercisable alone or in conjunction with other rights) to require the Company to file a registration statement (whether or not such Person is a Demand Holder), only the first such Person requesting the Company to file a registration statement shall be considered a Requesting Holder for the purposes of determining the number of Demand Requests that may be made by such Person pursuant to this Section 2, and all other Persons making such requests shall be considered a Requesting Holder for all purposes other than determining the number of Demand Requests made by such Person. In the event the Company shall receive a request to file a Demand Registration Statement from any Person (including a Demand Holder) who has the contractual right to cause the Company to do so, the Company shall promptly (and in any event within five days after its receipt of such request) notify all Demand Holders thereof.

Appears in 2 contracts

Sources: Stockholders Agreement (Christina Bank & Trust Co), Stockholders Agreement (TNPC Inc)

Multiple Demands. If the Company shall receive, within a period of 15 30 days, a request to file a registration statement from more than one Person who has the contractual right (whether exercisable alone or in conjunction with other rights) to require the Company to file a registration statement (whether or not statement, all such Person requesting Persons shall be considered "Demand Holders" for purposes of this Article VIII; provided, that if the first request received by the Company is a from any Demand HolderHolder pursuant to Section 8.1(a), then only the first such Person requesting the Company to file a registration statement Demand Holder shall be considered a Requesting Holder "Demand Holder" and no other Person who has tendered a request shall be deemed to have requested registration of such Person's Registrable Securities for the purposes of determining the number of Demand Requests that may be made by such Person pursuant to this Section 2, and all other Persons making such requests shall be considered a Requesting Holder for all purposes other than determining the number of Demand Requests made by such PersonAgreement. In the event the Company shall receive a request to file for a Demand Registration Statement from any Person Persons (including a Demand Holder) who has have the contractual right to cause the Company to do so, the Company shall promptly (and in any event within five 5 days after its receipt of such request) notify all Demand Holders thereof.

Appears in 2 contracts

Sources: Stockholders Agreement (Aki Inc), Stockholders Agreement (Aki Holding Corp)