Common use of Right to Request Registration Clause in Contracts

Right to Request Registration. At any time commencing 180 days following the closing of a Qualifying IPO, any Holder or Holders may request registration under the Securities Act (“Initiating Holders”) of all or part of the Registrable Common Shares (“Demand Registration”); provided, that each Demand Registration be at least equal to 10% of the Company’s outstanding common shares immediately following the closing of such Qualifying IPO. Within 10 days after receipt of any such request for Demand Registration, the Company shall give written notice of such request to all other Holders of Registrable Common Shares and shall, subject to the provisions of Section 2(d) hereof, include in such registration all such Registrable Common Shares with respect to which the Company has received written requests for inclusion therein within 15 days after the receipt of the Company’s notice.

Appears in 3 contracts

Samples: Registration Rights Agreement (Diana Shipping Inc.), Registration Rights Agreement (Omega Navigation Enterprises, Inc.), Registration Rights Agreement (Genco Shipping & Trading LTD)

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Right to Request Registration. At any time commencing 180 days following the closing of a Qualifying IPO, any Holder or Holders of Registrable Shares having an aggregate market value of at least $10 million at the time of request may request registration under the Securities Act (“Initiating Holders”) of all or part of the Registrable Common Shares (“Demand Registration”); provided, however, that each Demand Registration be at least equal to 10% of the Company’s outstanding common shares immediately following the closing of such Qualifying IPOfor Registrable Shares. Within 10 ten (10) days after receipt of any such request for Demand Registration, the Company shall give written notice of such request to all other Holders of Registrable Common Shares and shall, subject to the provisions of Section 2(d) hereof, include in such registration all such Registrable Common Shares with respect to which the Company has received written requests for inclusion therein within 15 fifteen (15) days after the receipt of the Company’s notice.

Appears in 1 contract

Samples: Registration Rights Agreement (Alma Maritime LTD)

Right to Request Registration. At any time commencing 180 days following the closing of a Qualifying IPO, any Holder or Holders may request registration under the Securities Act (“Initiating Holders”) of all or part of the Registrable Common Shares (“Demand Registration”); provided, that each Demand Registration be at least equal to 10% of the Company’s outstanding common shares Common Shares immediately following the closing of such Qualifying IPO. Within 10 days after receipt of any such request for Demand Registration, the Company shall give written notice of such request to all other Holders of Registrable Common Shares and shall, subject to the provisions of Section 2(d) hereof, include in such registration all such Registrable Common Shares with respect to which the Company has received written requests for inclusion therein within 15 days after the receipt of the Company’s notice.

Appears in 1 contract

Samples: Registration Rights Agreement (Aries Maritime Transport LTD)

Right to Request Registration. At any time commencing 180 days following the closing of a Qualifying IPO, any Holder or Holders may request registration under the Securities Act (“Initiating Holders”) of all or part of the Registrable Common Shares (“Demand Registration”); provided, that each (i) any time such Holder Demand Registration be at least must cover an amount of Registrable Common Shares held by such Holder that is greater than or equal to 105% of the Company’s outstanding common shares immediately following the closing of such Qualifying IPOshares. Within 10 days after receipt of any such request for Demand Registration, the Company shall give written notice of such request to all other Holders of Registrable Common Shares and shall, subject to the provisions of Section 2(d) hereof, include in such registration all such Registrable Common Shares with respect to which the Company has received written requests for inclusion therein within 15 days after the receipt of the Company’s notice.

Appears in 1 contract

Samples: Registration Rights Agreement (Double Hull Tankers, Inc.)

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Right to Request Registration. At any time commencing 180 days following the closing of a Qualifying IPO, any Holder or Holders may request registration under the Securities Act ("Initiating Holders") of all or part of the Registrable Common Shares ("Demand Registration"); provided, that each Demand Registration be at least equal to 10% of the Company’s 's outstanding common shares Common Shares immediately following the closing of such Qualifying IPO. Within 10 days after receipt of any such request for Demand Registration, the Company shall give written notice of such request to all other Holders of Registrable Common Shares and shall, subject to the provisions of Section 2(d) hereof, include in such registration all such Registrable Common Shares with respect to which the Company has received written requests for inclusion therein within 15 days after the receipt of the Company’s 's notice.

Appears in 1 contract

Samples: Registration Rights Agreement (Golden Energy Marine Corp.)

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