Examples of Shelf Takedown in a sentence
Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with a Shelf Takedown prior to a withdrawal under this subsection 2.1.7.
The right of any Holder to include its Registrable Securities in a Shelf Takedown shall be conditioned upon such Xxxxxx’s participation in the Underwritten Offering, including entering into an underwriting agreement and ancillary documents, including but not limited to a lock-up agreement, if applicable, in customary form with the Underwriter(s) selected for such Underwritten Offering by a majority-in-interest of the Shelf Holders.
As soon as practicable thereafter, the Company shall facilitate an Underwritten Offering of all Registrable Securities the Shelf Holders timely request to include in the Shelf Takedown, subject to reduction pursuant to subsection 2.1.6.
The Company shall, within five business days of the its receipt of the Shelf Takedown Request, notify, in writing, of such demand all other Holders that have Registrable Securities included in the relevant Shelf Registration Statement (the “Shelf Holders”), and each Shelf Holder that wishes to include all or a portion of its Registrable Securities in the Shelf Takedown shall so notify the Company, in writing, within five days after it receives the notice from the Company.
For purposes of clarity, there is no limit on the number of Registrations that may be effected under Section 2.2 hereof, and no Registration effected pursuant to Section 2.2 hereof shall be counted as a Shelf Takedown effected under Section 2.1 hereof.