Common use of Restrictions on Registration Rights Clause in Contracts

Restrictions on Registration Rights. Notwithstanding any provision of this Agreement to the contrary, if Holders have requested an Underwritten Takedown and the Company and such Holders are unable to obtain the commitment of underwriters to firmly underwrite such offering, the Company shall have the right to defer the filing of the Registration Statement or conduct of an Underwritten Offering for a period of not more than sixty (60) days, if the Company determines, in the good faith judgment of the Board, that it would be materially detrimental to the Company to do otherwise than defer such filing or conduct.

Appears in 9 contracts

Samples: Registration Rights Agreement (Lotus Technology Inc.), Registration Rights Agreement (Lotus Technology Inc.), Registration Rights Agreement (ECARX Holdings Inc.)

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