Common use of Obligation to Suspend Distribution Clause in Contracts

Obligation to Suspend Distribution. Upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1.6(iv) or (v), or in the event that the financial statements contained in the Registration Statement become stale, or in the case of a resale registration on Form F-3 pursuant to Section 2.2.4 hereof, upon any suspension by the Company, pursuant to a written ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the Company’s Board of Directors, of the ability of all “insiders” covered by such program to transact in the Company’s securities because of the existence of material non-public information, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of “insiders” to transact in the Company’s securities is removed, as applicable, and, if so directed by the Company, each such holder will deliver to the Company all copies, other than permanent file copies then in such holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 3 contracts

Sources: Registration Rights Agreement (Aquaron Acquisition Corp.), Registration Rights Agreement (Plutonian Acquisition Corp.), Registration Rights Agreement (Aquaron Acquisition Corp.)

Obligation to Suspend Distribution. Upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1.6(iv) or (v3.1.4(iv), or in the event that the financial statements contained in the Registration Statement become staleor, or in the case of a resale registration on Form F-3 S-3 pursuant to Section 2.2.4 2.3 hereof, upon any suspension by the Company, pursuant to a written ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the Company’s Board of Directors, of the ability of all “insiders” covered by such program to transact in the Company’s securities because of the existence of material non-public informationinformation and such holder’s status would be deemed an “insider” under such program, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv3.1.4(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of “insiders” to transact in the Company’s securities is removedremoved or is inapplicable to such holder, as applicable, and, if so directed by the Company, each such holder will deliver to the Company all copies, other than man permanent file copies then in such holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 2 contracts

Sources: Registration Rights Agreement (Westway Group, Inc.), Registration Rights Agreement (Westway Group, Inc.)

Obligation to Suspend Distribution. Upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1.6(iv) or (v1.05(d)(iv), or in the event that the financial statements contained in the Registration Statement become staleor, or in the case of a resale registration on Form F-3 S-3 pursuant to Section 2.2.4 1.04 hereof, upon any suspension by the Company, pursuant to a written i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the Company’s Board of Directors, of the ability of all “insiders” covered by such program to transact in the Company’s securities because of the existence of material non-public informationinformation and holder would be deemed an “insider” under such program, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv1.05(d)(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of “insiders” to transact in the Company’s securities is removedremoved or is inapplicable to such holder, as applicable, and, if so directed by the Company, each such holder will deliver to the Company all copies, other than permanent file copies then in such holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 2 contracts

Sources: Investor Rights Agreement (Highbury Financial Inc), Investor Rights Agreement (Highbury Financial Inc)

Obligation to Suspend Distribution. Upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1.6(iv) or (v3.1.4(iv), or in the event that the financial statements contained in the Registration Statement become staleor, or in the case of a resale registration on Form F-3 S-3 pursuant to Section 2.2.4 2.3 hereof, upon any suspension by the Company, pursuant to a written ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the Company’s Board of Directors, of the ability of all “insiders” covered by such program to transact in the Company’s securities because of the existence of material non-public informationinformation and such holder’s status would be as an “insider” under such program, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv3.1.4(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of “insiders” to transact in the Company’s securities is removedremoved or is inapplicable to such holder, as applicable, and, if so directed by the Company, each such holder will deliver to the Company all copies, other than permanent file copies then in such holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 2 contracts

Sources: Registration Rights Agreement (Federal Services Acquisition CORP), Registration Rights Agreement (Federal Services Acquisition CORP)

Obligation to Suspend Distribution. Upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1.6(iv) or (v3.1.4(iv), or in the event that the financial statements contained in the Registration Statement become staleor, or in the case of a resale registration on Form F-3 S-3 pursuant to Section 2.2.4 2.3 hereof, upon any suspension by the Company, pursuant to a written insider trading compliance program adopted by the Company's Board of ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ compliance program adopted by the Company’s Board of Directors, of the ▇he ability of all "insiders" covered by such program to transact in the Company’s 's securities because of the existence of material non-public informationinformation and holder would be deemed an "insider" under such program, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv3.1.4(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of "insiders" to transact in the Company’s 's securities is removedremoved or is inapplicable to such holder, as applicable, and, if so directed by the Company, each such holder will deliver to the Company all copies, other than permanent file copies then in such holder’s 's possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 1 contract

Sources: Registration Rights Agreement (North American Insurance Leaders, Inc.)

Obligation to Suspend Distribution. Upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1.6(iv) or (v3.1.4(iv), or in the event that the financial statements contained in the Registration Statement become staleor, or in the case of a resale registration on Form F-3 S-3 pursuant to Section 2.2.4 2.3 hereof, upon any suspension by the Company, pursuant to a written ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the Company’s Board of Directors, of the ability of all “insiders” covered by such program to transact in the Company’s securities because of the existence of material non-public informationinformation and such holder’s status would be deemed an “insider” under such program, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv3.1.4(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of “insiders” to transact in the Company’s securities is removedremoved or is inapplicable to such holder, as applicable, and, if so directed by the Company, each such holder will deliver to the Company all copies, other than permanent file copies then in such holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 1 contract

Sources: Registration Rights Agreement (Shermen WSC Acquisition Corp)

Obligation to Suspend Distribution. Upon receipt of any notice from Domesticated SPAC: (a) that the Company applicable Registration or prospectus contains an untrue statement of a material fact or an omission to state a material fact required to be stated in such Registration or prospectus, or necessary to make the statements in such Registration or prospectus (in the case of a prospectus, in the light of the happening circumstances under which they were made) not misleading, (b) of the occurrence of any event of the kind described in Section 3.1.6(iv3.1.4, or, (c) or (v), or in the event that the financial statements contained in the Registration Statement become stale, or in the case of a resale registration on Form F-3 pursuant to Section 2.2.4 hereof, upon any suspension by the CompanyDomesticated SPAC, pursuant to a written i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the Company’s Board of DirectorsBoard, of the ability of all “insiders” covered by such program to transact in the CompanyDomesticated SPAC’s securities because of the existence of material non-public information, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities Securities, pursuant to the Registration Statement covering such Registrable Securities Securities, until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, 3.1.4 or the restriction on the ability of “insiders” to transact in the CompanyDomesticated SPAC’s securities is removed, as applicable, and, if so directed by the CompanyDomesticated SPAC, each such holder will deliver to the Company Domesticated SPAC all copies, other than permanent file copies then in such holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 1 contract

Sources: Business Combination Agreement (HH&L Acquisition Co.)

Obligation to Suspend Distribution. Upon receipt of any notice from the Company Purchaser of the happening of any event of the kind described in Section 3.1.6(iv) or (v3.1.4(iv), or in the event that the financial statements contained in the Registration Statement become stale, or in the event that the Registration Statement or prospectus included therein contains a misstatement of material fact or omits to state a material fact due to a bona fide business purpose, or, in the case of a resale registration on Short Form F-3 Registration pursuant to Section 2.2.4 2.3 hereof, upon any suspension by the CompanyPurchaser, pursuant to a written i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the CompanyPurchaser’s Board of Directors, of the ability of all “insiders” covered by such program to transact in the CompanyPurchaser’s securities because of the existence of material non-public information, each holder of Investor holding Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder Investor receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv3.1.4(iv) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of “insiders” to transact in the CompanyPurchaser’s securities is removed, as applicable, and, if so directed by the CompanyPurchaser, each such holder will Investor shall deliver to the Company Purchaser all copies, other than permanent file copies then in such holderInvestor’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 1 contract

Sources: Seller Registration Rights Agreement (Apeiron Capital Investment Corp.)

Obligation to Suspend Distribution. Upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1.6(iv) or (v3.1.6(d), or in the event that the financial statements contained in the Registration Statement become stale, or in the event that the Registration Statement or prospectus included therein contains a misstatement of material fact or omits to state a material fact due to a bona fide business purpose, or in the case of a resale registration on Form F-3 S-3 pursuant to Section 2.2.4 hereof2.3, upon any suspension by the Company, pursuant to a written ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ compliance program adopted by the Company’s Board of Directors, of the ability of all “insiders” covered by such program to transact in the Company’s securities because of the existence of material non-public information, each holder of Registrable Securities included in any registration shall immediately discontinue disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such holder receives the supplemented or amended prospectus contemplated by Section 3.1.6(iv3.1.6(d) or (v) (it being understood that the Company shall use reasonable best efforts to prepare and file such supplement or amendment as soon as practicable), or the Registration Statement is updated so that the financial statements are no longer stale, or it is advised in writing by the Company that the use of the prospectus may be resumed, or the restriction on the ability of “insiders” to transact in the Company’s securities is removed, as applicable, and, if so directed by the Company, each such holder will deliver to the Company all copies, other than permanent file copies then in such holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice.

Appears in 1 contract

Sources: Registration Rights Agreement (99 Acquisition Group Inc.)