Common use of Withdrawal of Shares Clause in Contracts

Withdrawal of Shares. If the number of shares to be included in a registration statement pursuant to this Section 7 is reduced as provided in Section 7.1, any Seller that previously had elected to participate in such offering may withdraw its shares from such registration statement by giving written notice to such effect to Buyer at any time prior to the effective date thereof. At any time prior to such effective date, Buyer shall have the right to withdraw such registration statement for any reason whatsoever.

Appears in 17 contracts

Samples: Share Exchange Agreement (Aviation Holdings Group Inc/Fl), Share Exchange Agreement (Aviation Holdings Group Inc/Fl), Share Exchange Agreement (Aviation Holdings Group Inc/Fl)

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Withdrawal of Shares. If the number of shares to be included in a registration statement pursuant to this Section 7 Article XVII is reduced as provided in Section 7.117.1, any Seller Investor that previously had elected to participate in such offering may withdraw its shares from such registration statement by giving written notice to such effect to Buyer the Company at any time prior to the effective date thereof. At any time prior to such effective date, Buyer the Company shall have the right to withdraw such registration statement for any reason whatsoever.

Appears in 3 contracts

Samples: Acquisition Agreement (Microleague Multimedia Inc), Acquisition Agreement (Hearst Corp), Acquisition Agreement (Ameritech Corp /De/)

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Withdrawal of Shares. If the number of shares to be included in a registration statement pursuant to this Section 7 Article VII is reduced as provided in Section 7.1, any Seller Investor that previously had elected to participate in such offering may withdraw its shares from such registration statement by giving written notice to such effect to Buyer the Company at any time prior to the effective date thereof. At any time prior to such effective date, Buyer the Company shall have the right to withdraw such registration statement for any reason whatsoever.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Hearst Corp), Stock Purchase Agreement (Ameritech Corp /De/), Stock Purchase Agreement (Microleague Multimedia Inc)

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