Examples of Participating Demand Holders in a sentence
In the event the Participating Demand Holders have requested an underwritten offering, the underwriter or underwriters shall be selected by the Company, subject to consultation with and the approval of the Holders of a majority of the shares being so registered, which approval shall not be unreasonably withheld or delayed.
Each Participating Demand Holder shall specify in the Participating Notice the number of Registrable Securities that such Participating Demand Holder elects to include in such registration and the Company shall include in such registration all Registrable Securities requested by the Participating Demand Holders for inclusion as specified in the Participation Notices.
If any Participating Demand Holder disapproves of the terms of the underwriting, such Holder may (except to the extent it has committed to the underwriters not to do so) elect to withdraw all its Registrable Securities by written notice to the Company, the managing underwriter and the other Participating Demand Holders.
The Contractor shall mail notice of the determination to the provider no later than forty–eight (48) business hours after receipt of information deemed necessary and sufficient to render a determination on the appeal.
In the event the Participating Demand Holders (other than the Ripplewood Investors and Xxxxxx Investors) have requested an underwritten offering, the underwriter or underwriters shall be selected by the Company.
Any Demand Registration Statement may be required by Participating Demand Holders constituting a majority of the Registrable Securities to be in an appropriate formunder the Securities Act (a “ Shelf Registration Statement”) relating to any or all of the Registrable Securities in accordance with the methods of distribution set forth in the Shelf Registration Statement and Rule 415 under the Securities Act (a “Shelf Registration”).
The Issuers will use their reasonable best efforts to keep the Demand Registration Statement continuously effective through the maturity date of the Securities or such shorter period when all of the Securities registered thereunder have been disposed pursuant thereto in order to permit the prospectus included therein to be lawfully delivered by the Participating Demand Holders.
If such amount exceeds the Maximum Number of Securities, the number of Registrable Securities included in such Demand Registration shall be allocated among all the Participating Demand Holders on a pro rata basis (based on the number of Registrable Securities held by each Participating Demand Holder).
With respect to any Demand Registration, the Participating Demand Holders may request the Company to effect a registration of the Registrable Securities under a registration statement pursuant to Rule 415 under the Securities Act (or any successor rule) (a “Shelf Registration Statement”).