CRIC definition
Examples of CRIC in a sentence
CRIC shall thereupon use its reasonable best efforts to include, or in the case of a proposed underwritten public offering, use its reasonable best efforts to cause the managing underwriter or underwriters to permit such Holder to include, in such filing the number of Registrable Securities for which registration is so requested, subject to paragraph (c) below, and shall use its reasonable best efforts to effect registration of such Registrable Securities under the Securities Act.
SINA and CRIC have caused this Amendment to be executed as of the date first written above by their respective officers thereunto duly authorized.
CRIC shall not hereafter enter into any agreement which is inconsistent with the rights of priority provided in this Section 2(b).
From and after the date of this Agreement, CRIC shall not, without the prior written consent of each of the Holders, enter into any agreement with any holder or prospective holder of any securities of CRIC giving such holder or prospective holder any registration rights the terms of which are more favorable taken as a whole than the registration rights granted to the Holders hereunder unless CRIC shall also give such rights to the Holders.
If the allocation provided in this paragraph (c) is not permitted by applicable law, the parties shall contribute based upon the relevant benefits received by CRIC from the offering of securities on the one hand and the net proceeds received by the Holders from the sale of securities on the other.
It shall be a condition precedent to the obligation of CRIC to take any action pursuant to this Agreement in respect of the Registrable Securities which are to be registered at the request of any Holder that such Holder shall furnish to CRIC such information regarding the Registrable Securities held by such Holder and the intended method of distribution thereof as CRIC shall reasonably request and as shall be required in connection with the action taken by CRIC.
CRIC shall promptly give the Holders written notice of such determination containing, to the extent permitted by law, a general statement of the reasons for such postponement and an approximation of the anticipated delay.
CRIC shall not, without the consent of the Holders (which consent shall not be unreasonably withheld or delayed), effect any settlement of any pending or threatened proceeding or action in respect of which any Holder is a party and indemnity has been sought hereunder by such Holder, unless such settlement includes an unconditional release of such Holder from all liability for claims that are the subject matter of such proceeding or action.
This Amendment may not be assigned by operation of law or otherwise without the express written consent of SINA and CRIC (which consent may be granted or withheld in the sole discretion of the SINA or CRIC), as the case may be.
This Amendment constitutes the entire agreement of the parties hereto with respect to the subject matter hereof and thereof and supersede all prior agreements and undertakings, both written and oral, between SINA and CRIC with respect to the subject matter hereof and thereof.