Notifications Regarding Request for Takedown Clause Samples
The Notifications Regarding Request for Takedown clause establishes the procedures and requirements for informing relevant parties when a request is made to remove certain content, typically due to alleged legal violations or policy breaches. This clause outlines how and when such notifications must be delivered, who must be notified (such as content owners or service providers), and may specify the information that must be included in the notice. Its core practical function is to ensure transparency and due process by making sure all affected parties are promptly and properly informed about takedown requests, thereby allowing them to respond or take appropriate action.
Notifications Regarding Request for Takedown. In order for any Purchaser to initiate a shelf takedown off of the Registration Statement, such Purchaser(s) must so notify the Company in writing indicating the number of Registrable Securities sought to be offered and sold in such takedown and the proposed plan of distribution. Pending any required public disclosure by the Company and subject to applicable legal requirements, the parties will maintain the confidentiality of all notices and other communications regarding any such proposed takedown.