Examples of Underwritten Offering Demand in a sentence
The Company agrees that it will not deliver an Offering Notice for at least five (5) Business Days following the expiration of a Suspension Period in order to give the Holders an opportunity to deliver a Demand Notice or Underwritten Offering Demand Notice, except for the commencement of an underwritten offering that relates to a transaction the negotiation or existence of which precipitated the Suspension Notice relating to such Suspension Period.
Subject to Section 2.5, the Company will have the right to include shares of Common Stock to be sold for its own account or shares owned by other holders of Common Stock in an offering pursuant to an Underwritten Offering Demand.
Upon the occurrence of such event, the Company will promptly prepare, file and, if applicable, make available to each Holder any such supplement or amendment; provided that any supplement or amendment relating to the historical financial results of the Company need not be prepared, filed or made available prior to the Company’s regularly scheduled date for the filing of such results unless a Demand Registration or Underwritten Offering Demand has been made.
Director vacancies will be filled by the Regular Member Company entitled to do so or by the Board of Directors as outlined below:The Board of Directors shall be authorized to fill any vacancy of the Board.