Common use of Termination of the Company’s Obligation Clause in Contracts

Termination of the Company’s Obligation. The Company shall have no obligation pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, in the opinion of counsel to the Company, all such Registrable Shares proposed to be sold by a Holder may be sold in a three-month period without registration under the Securities Act pursuant to Rule 144 under the Securities Act.

Appears in 14 contracts

Samples: Registration Rights Agreement (Banctec Inc), Registration Rights Agreement (Hatteras Financial Corp), Registration Rights Agreement (Oxford Finance Corp)

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Termination of the Company’s Obligation. The Company shall have no obligation pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, in the opinion of counsel to the Company, all such Registrable Shares proposed to be sold by a Holder may be sold in a three-three month period without registration under the Securities Act pursuant to Rule 144 under the Securities Act.

Appears in 3 contracts

Samples: Registration Rights Agreement (Coleman Cable, Inc.), Registration Rights Agreement (Orion Marine Group Inc), Registration Rights Agreement (Orion Marine Group Inc)

Termination of the Company’s Obligation. The Company shall have no obligation pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, in the opinion of counsel to the Company, (i) all such Registrable Shares proposed to be sold by a Holder may be sold in a three-month period single transaction without registration under the Securities Act pursuant to Rule 144 under 144, (ii) the Securities Act.Company has become subject to the reporting requirements of Section 13 or

Appears in 1 contract

Samples: Registration Rights Agreement (Great Ajax Corp.)

Termination of the Company’s Obligation. The Company shall have no obligation obligations pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, in the opinion of counsel to the Company, all such Registrable Shares proposed to be sold by a Holder may be sold in a three-month period without registration under the Securities Act pursuant to Rule 144 under the Securities Act.

Appears in 1 contract

Samples: Registration Rights Agreement (Pinnacle Gas Resources, Inc.)

Termination of the Company’s Obligation. The Company shall have no obligation pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, in the opinion of counsel to the CompanyCompany (which counsel shall be reasonably acceptable to Holder), all such Registrable Shares proposed to be sold by a Holder may be sold in a three-month period without registration under the Securities Act pursuant to Rule 144 144(k) under the Securities Act.

Appears in 1 contract

Samples: Registration Rights Agreement (Quanta Capital Holdings LTD)

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Termination of the Company’s Obligation. The Company shall have no obligation pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, if in the opinion of counsel to the Company, all such Registrable Shares proposed to be sold by a Holder may be sold in a three-month period without registration under the Securities Act pursuant to Rule 144 under the Securities Act.

Appears in 1 contract

Samples: Registration Rights Agreement (Datapath Inc)

Termination of the Company’s Obligation. The Except with respect to Section 7 hereof, the Company shall have no obligation pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, in the opinion of counsel to the Company, there are no longer any Registrable Shares or all such Registrable Shares proposed to be sold by a Holder may be sold in a three-three month period without registration under the Securities Act pursuant to Rule 144 under the Securities Act.

Appears in 1 contract

Samples: Form of Registration Rights Agreement (Myr Group Inc)

Termination of the Company’s Obligation. The Company shall have no obligation pursuant to this Agreement with respect to any Registrable Shares proposed to be sold by a Holder in a registration pursuant to this Agreement if, in the opinion of counsel to the Company, all such Registrable Shares proposed to be sold by a Holder may be sold in a three-month period without registration under the Securities Act pursuant to Rule 144 144(k) under the Securities Act.

Appears in 1 contract

Samples: Registration Rights Agreement (Quanta Capital Holdings LTD)

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