Common use of Demand Procedure Clause in Contracts

Demand Procedure. 3.3.1 Subject to subsection 3.3.2 hereof, during the Demand Period any Demanding Shareholder or combination of Demanding Shareholders may deliver to the Company a written request (a "Demand Registration Request") that the Company register any or all of such Demanding Shareholders' Registrable Securities. 3.3.2 Demanding Shareholders may only make one Demand Registration Request in any six-month period during the Demand Period (the "Interim Demand Period") and except as provided in subsections 3.3.4 and 3.3.8, in the aggregate may only make three Demand Registration Requests. The Company shall only be required to file one registration statement (as distinguished from supplements or pre-effective or post-effective amendments thereto) in response to each Demand Registration Request.

Demand Procedure. 3.3.1 Subject to subsection 3.3.2 hereof, during the Demand Period any Demanding Shareholder or combination of Demanding Shareholders may deliver to the Company a written request (a "Demand Registration Request") that the Company register any or all of such Demanding Shareholders' Registrable Securities. 3.3.2 Demanding Shareholders may only make one Demand Registration Request in any six-month period during the Demand Period (the "Interim Demand Period") and except as provided in subsections 3.3.4 and 3.3.8, in the aggregate may only make three two Demand Registration RequestsRequests for a Form S-1 Demand Registration. The Company shall only be required to file one registration statement (as distinguished from supplements or pre-effective or post-effective amendments thereto) in response to each Demand Registration Request.