Common use of Priority of Piggyback Registration Clause in Contracts

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering of Registrable Securities included in a Piggyback Registration informs the Company and the participating Holders in writing that, in its or their opinion, the number of securities that such Holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration shall be as follows:

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering Underwritten Offering of Registrable Securities included in a Piggyback Registration informs the Company and the participating Holders that have requested to participate in such Piggyback Registration in writing that, in its or their opinion, the number of securities that such Holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration shall be as follows:

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering of Registrable Securities securities included in a Piggyback Registration informs the Company and the participating Holders holding Included Registrable Securities in writing that, in its or their opinion, the total number of securities that which such Holders and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant an adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the Company will include in such registration securities requested to be included therein in such Registration shall be as followsaccordance with the following priorities:

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering Underwritten Offering of Registrable Securities included in a Piggyback Registration informs the Company and the participating Holders of Registrable Securities in writing that, in its or their opinion, the number of securities that which such Holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration shall be as followsbe:

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering of Registrable Securities included Underwritten Offering in a Piggyback Registration informs inform the Company and the participating Holders holders of such Registrable Securities in writing that, in its that the total amount or their opinion, the number kind of securities that which such Holders holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration shall be as follows:other

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering Underwritten Offering of Registrable Securities included in a Piggyback Registration informs the Company and the participating Holders Purchaser in writing that, in its or their opinion, the number of securities that such Holders which the Purchaser and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration shall be as followsbe:

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering Underwritten Offering of Registrable Securities included in a Piggyback Registration informs inform(s) the Company and the participating Holders Purchasers in writing that, in its or their opinion, the number of securities that such Holders which the Purchasers and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to Registrable Securities shall not be included in such Registration shall be as follows:Registration.

Priority of Piggyback Registration. If the managing underwriter or ---------------------------------- underwriters of any proposed offering of Registrable Securities securities included in a Piggyback Registration informs the Company and the participating Holders holding Included Registrable Securities in writing that, in its or their opinion, the total number of securities that which such Holders and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant an adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration registration shall be allocated as follows:

Priority of Piggyback Registration. If the managing underwriter ---------------------------------- or underwriters of any proposed offering of Registrable Securities securities included in a Piggyback Registration informs the Company and the participating Holders holding Included Registrable Securities in writing that, in its or their opinion, the total number of securities that which such Holders and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant an adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration registration shall be allocated as follows:

Priority of Piggyback Registration. If the managing ---------------------------------- underwriter or underwriters of any proposed offering of Registrable Securities securities included in a Piggyback Registration informs the Company and the participating Holders holding Included Registrable Securities in writing that, in its or their opinion, the total number of securities that which such Holders and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant an adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration registration shall be allocated as follows:

Priority of Piggyback Registration. If the managing underwriter Managing Underwriter or underwriters Underwriters of any proposed offering Underwritten Offering of Registrable Securities shares of Common Stock included in a Piggyback Registration informs advises the Company and that the participating Holders in writing that, in its or their opinion, total shares of Common Stock which the number of securities that such Selling Holders and any other applicable Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant an adverse effect on the offering price, timing material terms or distribution of the securities offered or the market for the securities offeredconditions, then the securities to be included in such Registration shall be as follows:timing, or

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering of Registrable Securities securities included in a Piggyback Registration informs the Company and the participating Holders holding Included Registrable Securities in writing that, in its or their opinion, the total number of securities that which such Holders and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant an adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration registration shall be allocated as follows:

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering Underwritten Offering of Registrable Securities Common Stock included in a Piggyback Registration informs the Company and the participating Holders in writing that, in its or their opinion, the number total amount of securities that Common Stock which such Holders and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant an adverse effect on the price, timing or distribution of the securities Common Stock offered or the market for the securities offeredCommon Stock, then the securities Common Stock to be included in such Registration registration shall be allocated as follows:

Priority of Piggyback Registration. If the managing underwriter or underwriters of any proposed offering Underwritten Offering of Registrable Securities included in a Piggyback Registration informs the Company and the participating Holders that have requested to participate in such Piggyback Registration in writing that, in its or their opinion, the number of securities that which such Holders and any other Persons intend to include in such offering exceeds the number that which can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such Registration shall be as follows:(i) first, 100% of the securities that the Company or (subject to Section 5.06 (