Common use of Registration Upon Request Clause in Contracts

Registration Upon Request. In the event that the Company shall receive from Investors holding twenty (20) percent of the Registrable Shares then outstanding a written request or requests that the Company effect a registration on Form S-3 (or any applicable successor Form) with respect to all or a part of the Registrable Shares owned by such Investors, then the Company will promptly use its best efforts to effect such registration of all or such portion of such Investors' Registrable Shares as are specified in such request; PROVIDED that, if the Company has been given a notice of the type specified in Section 2.1, 3 or this Section 4.1, the Company is not at such time continuing to pursue the registration referred to in such notice. Promptly after receipt by the Company of a notice requesting registration pursuant to this Section 4.1, the Company shall give to each Investor written notice of such request for registration. Upon the written request of any Investor given within ten days after the giving of any such notice by the Company, the Company shall use its best efforts to cause to be included in such registration the Registrable Shares of such Investor, to the extent requested to be registered. Subject to Section 4.3, the Company may include in any registration pursuant to this Section 4.1 additional shares of Common Stock for sale for its own account or for the account of any other Person. No registration under this Section 4.1 shall be underwritten unless the Company shall otherwise elect in its sole and absolute discretion.

Appears in 2 contracts

Samples: Registration Rights Agreement (Streamline Inc), Registration Rights Agreement (Ibasis Inc)

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Registration Upon Request. In the event that the Company shall receive from Investors holding twenty (20) percent of the Registrable Shares then outstanding a written request or requests that the Company effect a registration on Form S-3 (or any applicable successor Form) with respect to all or a part of the Registrable Shares owned by such Investors, then the Company will promptly use its best efforts to effect such registration of all or such portion of such Investors' Registrable Shares as are specified in such request; PROVIDED that, if the Company has been given a notice of the type specified in Section 2.1, 3 or this Section 4.1, the Company is not at such time continuing to pursue the registration referred to in such notice. Promptly after receipt by the Company of a notice requesting registration pursuant to this Section 4.1, the Company shall give to each Investor written notice of such request for registration. Upon the written request of any Investor given giver, within ten days after the giving of any such notice by the Company, the Company shall use its best efforts to cause to be included in such registration the Registrable Shares of such Investor, to the extent requested to be registered. Subject to Section 4.3, the Company may include in any registration pursuant to this Section 4.1 additional shares of Common Stock for sale for its own account or for the account of any other Person. No registration under this Section 4.1 shall be underwritten unless the Company shall otherwise elect in its sole and absolute discretion.

Appears in 1 contract

Samples: Registration Rights Agreement (Streamline Inc)

Registration Upon Request. In the event that the Company shall receive from Investors holding the holders of record of at least twenty (20) percent of the Registrable Shares then outstanding a written request or requests that the Company effect a registration on Form S-3 (or any applicable successor Form) with respect to all or a part of the Registrable Shares owned by such Investorsholders, then the Company will promptly use its best efforts to effect such registration of all or such portion of such Investorsholders' Registrable Shares as are specified in such request; PROVIDED that, if the Company has been given a notice of the type specified in Section 2.1, 3 or this Section 4.1, the Company is not at such time continuing to pursue the registration referred to in such notice. Promptly after receipt by the Company of a notice requesting registration pursuant to this Section 4.1, the Company shall give to each Investor such holders written notice of such request for registration. Upon the written request of any Investor such holder given within ten days after the giving of any such notice by the Company, the Company shall use its best efforts to cause to be included in such registration the Registrable Shares of such Investorholders, to the extent requested to be registered. Subject to Section 4.3, the Company may include in any registration pursuant to this Section 4.1 additional shares of Common Stock for sale for its own account or for the account of any other Person. No registration under this Section 4.1 shall be underwritten unless the Company shall otherwise elect in its sole and absolute discretion.

Appears in 1 contract

Samples: Registration Rights Agreement (Streamline Inc)

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Registration Upon Request. In the event that the Company shall receive from Investors Stockholders holding twenty (20) percent of the Registrable Shares then outstanding a written request or requests that the Company effect a an additional registration on Form S-3 (or any applicable successor Form) with respect to all or a part of the Registrable Shares owned by such InvestorsStockholders, then the Company will promptly use its reasonable best efforts to effect such registration of all or such portion of such InvestorsStockholders' Registrable Shares as are specified in such request; PROVIDED that, if the Company has been given a notice of the type specified in Section 2.1, 3 or this Section 4.13.3, the Company is not at such time continuing required to pursue the registration referred to in such the second notice. Promptly after receipt by the Company of a notice requesting registration pursuant to this Section 4.13.3, the Company shall give to each Investor Stockholder written notice of such request for registration. Upon the written request of any Investor Stockholder given within ten days after the giving of any such notice by the Company, the Company shall use its reasonable best efforts to cause to be included in such registration the Registrable Shares of such InvestorStockholder, to the extent requested to be registered. Subject to Section 4.3paragraph (c) below, the Company may include in any registration pursuant to this Section 4.1 3.3 additional shares of Common Stock for sale for its own account or for the account of any other Person. No registration under this Section 4.1 3.3 shall be underwritten unless the Company shall otherwise elect in its sole and absolute discretion.

Appears in 1 contract

Samples: Registration Rights Agreement (Ibasis Inc)

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