Common use of Required Registrations Clause in Contracts

Required Registrations. In addition, the Company shall not be required to file a Required Registration Statement if (x) less than 180 calendar days have elapsed since the effective date of (i) a prior Registration Statement with respect to which the Stockholders were given the opportunity to register their Registrable Securities (without being subject to any reduction, pursuant to Section 2(b)(ii), in the maximum number of Registrable Securities which they may register) or (ii) a prior Registration Statement filed pursuant to a Required Registration or (y) the total number of Registrable Securities requested by the Stockholders to be included in the registration is less than 1,000,000 (which number shall be adjusted from time to time for any stock splits, stock dividends or combinations of Ordinary Shares after the date of this Agreement).