Common use of Piggyback Procedure Clause in Contracts

Piggyback Procedure. Each Holder of Registrable Securities shall have twenty (20) days from the date of mailing of such notice to deliver to Horizon a written request specifying the number of Registrable Securities such Holder intends to sell. Any Holder shall have the right to withdraw such Holder's request for inclusion of such Holder's Registrable Securities in any registration statement pursuant to this Article II by giving written notice to Horizon of such withdrawal. Subject to subsection (d) below of this Article II, Horizon shall include in such registration statement all such Registrable Securities so requested to be included therein; provided, however, that Horizon may at any time withdraw or cease proceeding with any such Proposed Registration if it shall at the same time withdraw or cease proceeding with the registration of all other shares of Common Stock originally proposed to be registered.