Common use of Selection of Underwriter in Demand Registration Clause in Contracts

Selection of Underwriter in Demand Registration. The Company shall (together with all holders proposing to distribute their securities through such underwriting) enter into an underwriting agreement with the representative (the "Underwriter's Representative") of the underwriter or underwriters selected for such underwriting jointly by a majority of the Registrable Securities being registered by the Initiating Holders and the Company; provided, however, that in the case of a registration pursuant to subsection 2.1.3 in which NorAm is the Initiating Holder, the underwriter or underwriters shall be selected by NorAm subject to the consent of the Company, which consent shall not be unreasonably withheld.