Common use of Priority in Piggyback Registration Clause in Contracts

Priority in Piggyback Registration. If in connection with a registration pursuant this Section 6.02, the lead managing underwriter advises the Company that, in its opinion, the inclusion of all the securities requested to be included in such registration exceeds the amount that can be sold in such Underwritten Offering within a proposed price range without adversely affecting the distribution of the securities being offered, then the Company shall only include in the registration statement for such Underwritten Offering such securities as the Company is advised by such lead managing underwriter can be sold without adversely affecting such distribution in the following order of priority:

Appears in 4 contracts

Samples: Shareholder and Registration Rights Agreement, Shareholder and Registration Rights Agreement (Montpelier Reinsurance LTD), Shareholder and Registration Rights Agreement (Blue Capital Reinsurance Holdings Ltd.)

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