Common use of Securities Held by the Company or Its Affiliates Clause in Contracts

Securities Held by the Company or Its Affiliates. Whenever the consent or approval of Holders of a specified percentage of Registrable Stock is required hereunder, Registrable Stock held by the Company or its affiliates (as such term is defined in Rule 405 under the Securities Act) (other than the Trusts) shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage.

Appears in 2 contracts

Samples: Registration Rights Agreement (Guess Inc Et Al/Ca/), Registration Rights Agreement (Guess Inc Et Al/Ca/)

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Securities Held by the Company or Its Affiliates. Whenever the consent or approval of Holders of a specified percentage of Registrable Stock is required hereunder, Registrable Stock held by the Company or its affiliates (as such term is defined in Rule 405 under the Securities Act) (other than the TrustsHolders) shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage.

Appears in 2 contracts

Samples: Registration Rights Agreement (Aureal Semiconductor Inc), Registration Rights Agreement (TCW Group Inc)

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