Common use of Priority in Requested Registrations Clause in Contracts

Priority in Requested Registrations. If a requested registration pursuant to this Section 2.1 involves an underwritten offering, and the managing underwriter shall advise the Company in writing (with a copy to each holder of Registrable Securities requesting registration) that, in its opinion, the number of securities requested to be included in such registration exceeds the number which can be sold in such offering within a price range acceptable to the Requisite Holders, the Company will include in such registration the number of securities which the Company has been advised can be sold in such offering. Registrable Securities requested to be included in such registration shall be allocated on a pro rata basis among the holders thereof requesting such registration. In connection with any registration as to which the provisions of this clause (g) apply, no securities other than Registrable Securities shall be covered by such registration.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Texoil Inc /Nv/), Registration Rights Agreement (Quantum Energy Partners L P)

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Priority in Requested Registrations. If a requested registration pursuant to this Section 2.1 involves an underwritten offering, and the managing underwriter shall advise the Company in writing (with a copy to each holder of Registrable Securities requesting registrationSecurities) that, in its opinion, the number of securities requested to be included in such registration exceeds the number which can be sold in such offering within a price range acceptable to the Requisite Holdersoffering, the Company will include in such registration registration, to the extent of the number of securities which the Company has been is so advised can be sold in such offering. , Registrable Securities requested to be included in such registration shall be allocated on a Securities, pro rata among such holders on the basis among of the holders thereof requesting number of such registrationsecurities held (or then acquirable upon conversion of the Securities) by such holders. In connection with any registration as to in which the provisions of this clause (g) applyany Registrable Securities requested for inclusion are excluded, no securities other than Registrable Securities shall be covered by such registration.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Autobond Acceptance Corp), Registration Rights Agreement (Visual Edge Systems Inc)

Priority in Requested Registrations. If a requested registration pursuant to this Section 2.1 involves an underwritten offering, and the managing underwriter shall advise the Company in writing (with a copy to each holder of Registrable Securities requesting registrationSecurities) that, in its opinion, the number of securities requested to be included in such registration exceeds the number which can be sold in such offering within a price range acceptable to the Requisite Holdersoffering, the Company will include in such registration registration, to the extent of the number of securities which the Company has been is so advised can be sold in such offering. , Registrable Securities requested to be included in Securities, PRO RATA among such registration shall be allocated holders on a pro rata the basis among of the holders thereof requesting number of such registration. In connection with any registration as to which securities held (or then acquirable upon conversion of the provisions of this clause (gSecurities) apply, no securities other than Registrable Securities shall be covered by such registrationholders.

Appears in 1 contract

Samples: Registration Rights Agreement (Vitech America Inc)

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Priority in Requested Registrations. If a requested registration pursuant to this Section 2.1 involves an underwritten offering, and the managing underwriter shall advise the Company in writing (with a copy to each holder of Registrable Securities requesting registration) that, in its opinion, the number of securities requested to be included in such registration exceeds the number which can be sold in such offering within a price range acceptable to the Requisite Holdersholders of a majority of the Registrable Securities requested to be included in such registration, the Company will include in such registration registration, to the extent of the number of securities which the Company has been is so advised can be sold in such offering. , Registrable Securities requested to be included in such registration shall be allocated on a pro rata basis by the holder or holders of Registrable Securities, PRO RATA among the such holders thereof requesting such registration. In connection with any registration as on the basis of the number of such securities requested to which the provisions of this clause (g) apply, no securities other than Registrable Securities shall be covered included by such registrationholders.

Appears in 1 contract

Samples: Registration Rights Agreement (Learning Co Inc)

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