Common use of Redesignation Clause in Contracts

Redesignation. In the case of Registrable Securities which are not Class A Common Stock, upon the request of holders of 51% of all such Registrable Securities to be covered by such registration or if advised by the managing underwriter of such offering, the Company shall reissue the Registrable Securities in denominations suitable for public trading (by depositary share arrangements or otherwise).

Appears in 2 contracts

Sources: Registration Rights Agreement (1818 Fund Iii Lp), Registration Rights Agreement (Genesee & Wyoming Inc)

Redesignation. In the case of Registrable Securities which are not Class A Common Stock, upon the request of holders of 51% of all such Registrable Securities to be covered by such registration or if advised by the managing underwriter of such offering, the Company shall reissue the Registrable Securities in denominations suitable for public trading (by depositary share arrangements or otherwise).

Appears in 1 contract

Sources: Registration Rights Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)