Common use of Priority in Incidental Registrations Clause in Contracts

Priority in Incidental Registrations. If the managing underwriter of the underwritten offering contemplated by this Section 3 shall inform the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first securities proposed by the Company to be sold for its own account, and (ii) second Registrable Securities and (iii) securities of other selling security holders requested to be included in such registration.

Appears in 32 contracts

Sources: Preferred Stock Purchase Agreement (Computer Software Innovations Inc), Common Stock Purchase Agreement (Asia Premium Television Group), Registration Rights Agreement (Caneum Inc)

Priority in Incidental Registrations. If the managing underwriter of the underwritten offering contemplated by this Section 3 shall inform the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first securities proposed by the Company to be sold for its own account, and (ii) second to holders of securities having demand registration rights and exercising such rights in connection with such registration statement, (iii) third Registrable Securities and (iii) securities of other selling security holders (including Insiders, as defined in the Purchase Agreement) who requested to be included in such registrationregistration on a pari passu basis.

Appears in 8 contracts

Sources: Registration Rights Agreement (Science Dynamics Corp), Registration Rights Agreement (Lounsberry Holdings I Inc), Registration Rights Agreement (Jordan 1 Holdings Co)

Priority in Incidental Registrations. If the managing underwriter of the underwritten offering contemplated by this Section 3 shall inform the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first first, securities proposed by the Company to be sold for its own account, and (ii) second second, Registrable Securities and (iii) third, securities of other selling security holders requested to be included in such registration.

Appears in 3 contracts

Sources: Registration Rights Agreement (Enucleus Inc), Registration Rights Agreement (Enucleus Inc), Registration Rights Agreement (Enucleus Inc)

Priority in Incidental Registrations. If the managing underwriter of the in any underwritten offering contemplated by this Section 3 2.3.2.1 shall inform the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first securities proposed by the Company to be sold for its own account, and (ii) second Registrable Securities and (iii) securities of other selling security holders requested to be included in such registration.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Findex Com Inc), Registration Rights Agreement (Findex Com Inc)

Priority in Incidental Registrations. If the managing underwriter of the underwritten offering contemplated by this Section 3 2 shall inform the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first securities proposed by the Company to be sold for its own account, and (ii) second Registrable Securities and (iii) securities of other selling security holders requested to be included in such registration.

Appears in 1 contract

Sources: Registration Rights Agreement (Broadcast International Inc)

Priority in Incidental Registrations. If the managing underwriter of the underwritten offering contemplated by this Section 3 Article III shall inform the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first securities proposed by the Company to be sold for its own account, and (ii) second Registrable Securities and (iii) securities of other selling security holders requested to be included in such registration. Notwithstanding any other provision of this Agreement to the contrary, with respect to the exercise of rights pursuant to this Article III, the Investor shall be subordinate to those of the RAM Investors.

Appears in 1 contract

Sources: Registration Rights Agreement (Corgenix Medical Corp/Co)

Priority in Incidental Registrations. If the managing underwriter of the an underwritten offering contemplated by this Section 3 shall inform informs the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first securities proposed by the Company to be sold for its own account, and (ii) second Registrable Securities and (iii) securities of other selling security holders requested requesting to be included in such registrationregistration if they hold registration rights senior to those of the Investor, and (iii) third Registrable Securities.

Appears in 1 contract

Sources: Registration Rights Agreement (Corgenix Medical Corp/Co)

Priority in Incidental Registrations. If the managing underwriter of the underwritten offering contemplated by this Section 3 shall inform 3.1 informs the Company and holders of the Registrable Securities requesting such registration by letter of its belief Investor in writing that the managing underwriter believes that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, up to the extent number of the number securities which the Company is so advised by the managing underwriter can be sold in such offering, (i) first first, securities proposed by the Company to be sold for its own account, ; and (ii) second Registrable Securities second, a pro rata portion of the securities for which registration was requested by the Investor and (iii) of all other registrable securities of the Company of other selling security holders requested to be included in such registration.

Appears in 1 contract

Sources: Registration Rights Agreement (Microhelix Inc)

Priority in Incidental Registrations. If the managing underwriter of the underwritten offering contemplated by this Section 3 3.1 shall inform the Company and holders of the Registrable Securities requesting such registration by letter of its belief that the number of securities requested to be included in such registration exceeds the number which can be sold in such offering, then the Company will include in such registration, to the extent of the number which the Company is so advised can be sold in such offering, (i) first securities proposed by the Company to be sold for its own account, and (ii) second Registrable Securities and (iii) securities of other selling security holders requested to be included in such registration.

Appears in 1 contract

Sources: Note Purchase Agreement (PCS Edventures Com Inc)