Common use of Revocation of Demand Registration Clause in Contracts

Revocation of Demand Registration. A Holder of Registrable Securities to be included in a Registration Statement pursuant to SECTION 3.1 may, at any time prior to the effective date of the Registration Statement relating to such registration, revoke its request to have Registrable Securities included therein by providing a written notice to the Company. In the event all such Holders of Registrable Securities revoke their request, either (i) the Holders of Registrable Securities who revoke such request shall reimburse the Company for all its out-of-pocket expenses incurred in the preparation, filing and processing of the Registration Statement or (ii) the requested registration that has been revoked will be deemed to have been effected for purposes of SECTION 3.1; PROVIDED, HOWEVER, that, if such revocation was based on the Company's failure to comply in any material respect with its obligations hereunder, such reimbursement will not be required and the requested registration that has been revoked will not be deemed to have been effected for purposes of SECTION 3.1.

Revocation of Demand Registration. A Holder of Registrable Securities to be included in a Registration Statement pursuant to SECTION Section 3.1 may, at any time prior to the effective date of the Registration Statement relating to such registration, revoke its request to have Registrable Securities included therein by providing a written notice to the Company. In the event all such Holders of Registrable Securities revoke their request, either (i) the Holders of Registrable Securities who revoke such request shall reimburse the Company for all its out-of-pocket expenses incurred in the preparation, filing and processing of the Registration Statement or (ii) the requested registration that has been revoked will be deemed to have been effected for purposes of SECTION Section 3.1; PROVIDEDprovided, HOWEVERhowever, that, if such revocation was based on the Company's failure to comply in any material respect with its obligations hereunder, such reimbursement will not be required and the requested registration that has been revoked will not be deemed to have been effected for purposes of SECTION Section 3.1.

Revocation of Demand Registration. A Holder Pxxxxx Capital Group or EC Investments, as a holder of Registrable Securities to be included in a Registration Statement pursuant to SECTION 3.1 Section 2.1 may, at any time prior to the effective date (or, if the Company relies on Section 2.3 to comply with such Demand Registration, prior to the inclusion of such Registrable securities in such previously filed registration statement) of the Registration Statement relating to such registration, revoke its request to have its Registrable Securities included therein by providing a written notice to the Company. In the event all Pxxxxx Capital Group or EC Investments revokes such Holders of Registrable Securities revoke their request, either (i) Pxxxxx Capital Group or EC Investments, as the Holders of Registrable Securities who revoke such request case may be, shall reimburse the Company for all its out-of-pocket expenses incurred in the preparation, filing and processing of the Registration Statement and no Demand Registration will be deemed to have been effected or (ii) the requested registration such Demand Registration that has been revoked will be deemed to have been effected for purposes of SECTION 3.1Section 2.1; PROVIDEDprovided, HOWEVERhowever, that, if such revocation was based on the Company's ’s failure to comply in any material respect with its obligations hereunder, such reimbursement will not be required and the requested registration such Demand Registration that has been revoked will not be deemed to have been effected for purposes of SECTION 3.1Section 2.1.

Revocation of Demand Registration. A Holder Holders of at least a majority of the Registrable Securities to be included in a Registration Statement pursuant to SECTION 3.1 Section 2.1 may, at any time prior to the effective date of the Registration Statement relating to such registration, revoke its or their request to have Registrable Securities included therein by providing a written notice to the Company. In the event all such Holders of Registrable Securities revoke their such request, either (i) the Holders of Registrable Securities who revoke such request shall reimburse the Company for all its out-of-pocket expenses incurred in the preparation, filing and processing of the Registration Statement or (ii) the requested registration that has been revoked will be deemed to have been effected for purposes of SECTION 3.1Section 2.1; PROVIDEDprovided, HOWEVERhowever, that, if such revocation was based on the Company's ’s failure to comply in any material respect with its obligations hereunder, such reimbursement will not be required and the requested registration that has been revoked will not be deemed to have been effected for purposes of SECTION 3.1Section 2.1.

Revocation of Demand Registration. A Holder Holders of at least a majority of the Registrable Securities to be included in a Registration Statement pursuant to SECTION 3.1 Section 2.1 may, at any time prior to the effective date of the Registration Statement relating to such registration, revoke its or their request to have Registrable Securities included therein by providing a written notice to the Company. In the event all such Holders of Registrable Securities revoke their such request, either (i) the Holders of Registrable Securities who revoke such request shall reimburse the Company for all its out-of-pocket expenses incurred in the preparation, filing and processing of the Registration Statement or (ii) the requested registration that has been revoked will be deemed to have been effected for purposes of SECTION 3.1Section 2.1; PROVIDEDprovided, HOWEVERhowever, that, if such revocation was based on the Company's failure to comply in any material respect with its obligations hereunder, such reimbursement will not be required and the requested registration that has been revoked will not be deemed to have been effected for purposes of SECTION 3.1Section 2.1.