Common use of Demand for Registration Clause in Contracts

Demand for Registration. In case the Company shall receive from Initiating Holders a written request that the Company effect any registration, qualification or compliance with respect to not less than thirty (30) percent of the Registrable Securities, the Company will: (i) promptly give written notice of the proposed registration, qualification or compliance to all other Holders; and (ii) as soon as practicable, use its best efforts to effect such registration, qualification or compliance (including, without limitation, appropriate qualification under applicable blue sky or other state securities laws and appropriate compliance with applicable regulations issued under the Securities Act and any other governmental requirements or regulations) as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any Holder or Holders joining in such request as are specified in a written request received by the Company within 20 days after receipt of such written notice from the Company; provided, however, that the Company shall not be obligated to take any action to effect any such registration, qualification or compliance pursuant to this Section 5.1: (A) In any particular jurisdiction in which the Company would be required to execute a general consent to service of process in effecting such registration, qualification or compliance unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act;

Appears in 1 contract

Sources: Registration and Investor Rights Agreement (Skillsoft Corp)

Demand for Registration. In case If the Company shall receive from Initiating Holders the Common Shareholders, acting together, at any time or times following the Company's initial registered public offering of its Common Stock with the Commission a written request that the Company effect any registration, qualification or compliance registration with respect to not less than thirty (30) percent all or a part of the Registrable Common Securities, the Company will: (i) promptly give written notice of the proposed registration, qualification or compliance to all other Holders; and (ii) will as soon as practicable, use its best efforts to effect such registration, qualification or compliance registration (including, without limitation, filing post-effective amendments, appropriate qualification qualifications under applicable blue sky or other state securities laws laws, and appropriate compliance with applicable regulations issued under the Securities Act and any other governmental requirements or regulations) as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Registrable Common Securities as are specified in such request, together with all or such portion of the Registrable Securities of any Holder or Holders joining in such request as are specified in a written request received by the Company within 20 days after receipt of such written notice from the Company; provided, however, that the . The Company shall not be obligated to effect, or to take any action to effect effect, any such registration, qualification or compliance registration pursuant to this Section 5.1: (A) 4.1: [i] In any particular jurisdiction in which the Company would be required to execute a general consent to service of process in effecting such registration, qualification qualification, or compliance compliance, unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act; [ii] After the Company has initiated one such registration pursuant to this Section 4.1, whether or not each Common Shareholder elected to participate in such registration (counting for these purposes only registrations which have been declared or ordered effective and pursuant to which securities have been sold);

Appears in 1 contract

Sources: Convertible Preferred Stock Registration Rights Agreement (High Speed Access Corp)

Demand for Registration. In case If the Company shall receive from Initiating the Holders of at least 50% of the Registrable Securities at any time (the "Demand Date") not earlier than December 31, 1996 a written request that the Company effect any registration, qualification or compliance registration with respect to not less than thirty (30) percent all or a part of the Registrable SecuritiesSecurities then, if the Commission has not prior to the Demand Date declared effective a shelf registration statement pursuant to Rule 415 with respect to all of the Registrable Securities (a "Shelf Registration Statement") which is effective as of the Demand Date, the Company will: (i) promptly give written notice of the proposed registration, qualification or compliance to all other Holders; and (ii) as soon as practicable, use its best efforts to effect such registration, qualification or compliance registration (including, without limitation, filing post-effective amendments, appropriate qualification qualifications under applicable blue sky or other state securities laws laws, and appropriate compliance with applicable regulations issued under the Securities Act and any other governmental requirements or regulationsAct) as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any Holder or Holders joining in such request as are specified in a written request received by the Company within 20 days after receipt of such written notice from the Company; provided, however, that the . The Company shall not be obligated to effect, or to take any action to effect effect, any such registration, qualification or compliance registration pursuant to this Section 5.1:2.1(a): (A) In any particular jurisdiction in which the Company would be required to execute a general consent to service of process in effecting such registration, qualification qualification, or compliance compliance, unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act; (B) Subject to the proviso in clause (A)(y) of Section 2.3 hereof, after the Holder has initiated one such registration pursuant to this Section 2.1(a);

Appears in 1 contract

Sources: Investor Agreement (MRV Communications Inc)