Common use of Subsequent Purchasers Clause in Contracts

Subsequent Purchasers. Without the affirmative vote of the Holders of at least 66-2/3% of the Registrable Securities, the Company shall not grant to any purchaser of the Company's securities any demand registration rights, or any piggyback registration rights that, with respect to underwriters cutbacks, would be inconsistent or in conflict with the provisions hereof. Moreover, for so long as the holders of the Registrable Securities are entitled to exercise the registration rights described herein, they shall receive the benefit of any and all registration rights granted by the Company to any other person who is as of the date of this Agreement securities holder in the Company (or any affiliate of such existing securities holder) which are more favorable than the registration rights granted to the Investor herein.

Appears in 4 contracts

Samples: Registration Rights Agreement (Wedge Energy Services LLC), Registration Rights Agreement (South Texas Drilling & Exploration Inc), Registration Rights Agreement (South Texas Drilling & Exploration Inc)

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Subsequent Purchasers. Without the affirmative vote of the Holders of at least 66-2/3% of the Registrable Securities, the Company shall not grant to any purchaser of the Company's securities any demand registration rights, or any piggyback registration rights that, with respect that would provide any rights greater than those granted to underwriters cutbacks, the Investor or that would be inconsistent or in conflict with the provisions hereof. Moreover, for so long as the holders Holders of the Registrable Securities are entitled to exercise the registration rights described herein, they shall receive the benefit of any and all registration rights granted by the Company to any other person who is as of the date of this Agreement securities holder in the Company (or any affiliate of such existing securities holder) which are more favorable than the registration rights granted to the Investor herein.

Appears in 2 contracts

Samples: Registration Rights Agreement (Wedge Energy Services LLC), Registration Rights Agreement (South Texas Drilling & Exploration Inc)

Subsequent Purchasers. Without the affirmative vote of the Holders of at least 66-66- 2/3% of the Registrable Securities, the Company shall not grant to any purchaser of the Company's ’s securities any demand registration rights, or any piggyback registration rights that, with respect to underwriters cutbacks, would be inconsistent or in conflict with the provisions hereof. Moreover, for so long as the holders of the Registrable Securities are entitled to exercise the registration rights described herein, they shall receive the benefit of any and all registration rights granted by the Company to any other person who is as of the date of this Agreement securities holder in the Company (or any affiliate of such existing securities holder) which are more favorable than the registration rights granted to the Investor Investors herein.

Appears in 2 contracts

Samples: Registration Rights Agreement (Rackspace Inc), Registration Rights Agreement (Rackspace Inc)

Subsequent Purchasers. Without the affirmative vote of the Holders of at least 66-2/3% of the Registrable Securities, the Company shall not grant to any purchaser of the Company's securities any demand registration rights, or any piggyback registration rights that, with respect to underwriters cutbacks, would be inconsistent or in conflict with the provisions hereof. Moreover, for so long as the holders of the Registrable Securities are entitled to exercise the registration rights described herein, they shall receive the benefit of any and all registration rights granted by the Company to any other person who is as of the date of this Agreement securities holder in the Company (or any affiliate of such existing securities holder) which are more favorable than the registration rights granted to the Investor Investors herein.

Appears in 1 contract

Samples: Registration Rights Agreement (Rackspace Com Inc)

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Subsequent Purchasers. Without the affirmative vote of the Holders of at least 66-2/3% of the Registrable Securities, the Company shall not grant to any purchaser of the Company's securities any demand registration rights, or any piggyback registration rights that, with respect to underwriters cutbacks, would be inconsistent or in conflict with the provisions hereof. Moreover, for so long as the holders of the Registrable Securities are entitled to exercise the registration rights described herein, they shall receive the benefit of any and all registration rights granted by the Company to any other person who is as of the date of this Agreement securities holder in the Company (or any affiliate of such existing securities holder) which are more favorable than the registration rights granted to the Investor Investors herein.

Appears in 1 contract

Samples: Registration Rights Agreement (Rackspace Com Inc)

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