Demand Right definition

Demand Right shall have the meaning ascribed to it in Section 2.1(a).

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Demand Right has the meaning ascribed to such term in Section 2.1(a)(i).

Demand Right has the meaning set forth in Section 5A(a).

Examples of Demand Right in a sentence

• The Company shall cause any registration statement or post-effective amendment filed pursuant to the Demand Right granted under Section 8.2(a) to remain effective for a period of nine consecutive months from the effective date of such registration statement or post-effective amendment.

• To exercise the Demand Right, an Automatic Conversion Holder shall transmit a notice (the “Demand Notice”) to the Corporation on or prior to the expiration of the Demand Period stating such Automatic Conversion Holder’s exercise of the Demand Right and the intended method of disposition in connection with such Automatic Conversion Holder’s Registrable Securities, to the extent known.

• An Automatic Conversion Holder must exercise the Demand Right within the Demand Period, or the Demand Right shall terminate.

• An Optional Conversion Holder must exercise the Optional Demand Right within the Optional Demand Period, or the Optional Demand Right shall terminate.

• Subject to Section 2.1(f) hereof, no other securities of the Company except securities held by any Holder, any Demand Right Holder, and any Person entitled to exercise "piggy back" registration rights pursuant to contractual commitments of the Company shall be included in a Demand Registration.

More Definitions of Demand Right

Demand Right is defined in Section 4(b)(i).

Demand Right. As defined in Section 3(a) hereof.

Demand Right has the meaning set forth in Section 3.1(a).

Demand Right has the meaning set forth in Section 6.11. “Disposition” means “Disposition” as defined in the Senior Credit Agreement as in effect on the Effective Date or as amended, restated, amended and restated, modified or otherwise supplemented from

Demand Right means the right of a Demand Percentage of the Holders to make one (1) demand for registration of the Registrable Shares as described in Section 2 of this Agreement.

Demand Right. Notwithstanding anything to the contrary contained herein, (1) at any time from and after the Sale Notice Submission Date until the later of (x) the date on which the Borrower or Senior Borrower shall have entered into a Sale Agreement or (y) the date on which a Sale Agreement has been terminated in accordance with its terms, the Borrower may repay in full the outstanding principal amount of the Loans then owing, together with all accrued and unpaid interest thereon and all other amounts (including, for the avoidance of doubt, any Make Whole Amount due to an Assignee Lender) due with respect thereto (if any) in cash, and (2) at any time from and after the Effective Date, any of the Sponsors or their respective Affiliates may (or may cause a designee to), in their sole discretion, acquire from the Initial Lender such Initial Lender’s remaining interests in this Note (to the extent such Initial Lenders then continues to hold any interests in the Loans), at which time (in the case of each of clauses (1) and (2)), the Demand Right shall automatically terminate and be of no further force or effect, the Borrower and Senior Borrower shall no longer be required to pursue a Sale and the Remaining Initial Lender’s rights in clauses (A) or (B) set forth above shall automatically terminate and be of no further force or effect, and any Board members or committee members previously appointed by the Remaining Initial Lender shall be deemed to have automatically resigned from such positions at such time.

Demand Right means the single one-time right collectively granted to the Holders to cause the Trust to register some or all of such Holders’ Registrable Securities, to be exercised in accordance with the terms of this Agreement.