Common use of Rule 144 Availability Clause in Contracts

Rule 144 Availability. Notwithstanding anything to the contrary above in this Article I, prior to exercising any right provided for in this Article I each Holder will (i) evaluate in good faith whether such Holder is otherwise permitted to sell the entire amount of Registrable Securities it is then seeking to register within the time period it desires to sell pursuant to Rule 144 of the Exchange Act, or any successor regulation thereto and (ii) exercise such rights only in the case that it determines in good faith that such rights are necessary to sell such Registrable Securities in a timely manner.

Appears in 11 contracts

Samples: Registration Rights Agreement (Daou Systems Inc), Registration Rights Agreement (Daou Systems Inc), Registration Rights Agreement (Daou Systems Inc)

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