Common use of Determination of Ownership Clause in Contracts

Determination of Ownership. From time to time, at the request of the Company, each Shareholder will confirm in writing that it continues to Beneficially Own Registrable Securities. The rights of a Shareholder under this Agreement shall terminate when such Shareholder no longer owns Registrable Securities and this Agreement shall terminate when no Shareholder owns Registrable Securities.

Appears in 3 contracts

Sources: Registration Rights Agreement (HRG Group, Inc.), Merger Agreement (HRG Group, Inc.), Merger Agreement (Spectrum Brands Holdings, Inc.)