Oakland Michigan Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser is a legal document that outlines the modifications made to the original Registration Rights Agreement. This amendment is specific to the jurisdiction of Oakland in the state of Michigan and is intended to address certain changes, provisions, or requirements that were not initially included or need to be updated. The purpose of the amendment is to ensure that the rights, obligations, and restrictions related to the registration of securities issued by Turn stone Systems, Inc. are properly recorded, clarified, or modified according to the laws and regulations applicable in Oakland, Michigan. The content of the amendment typically includes provisions such as: 1. *Scope*: The amendment specifies the exact sections, subsections, or clauses of the original Registration Rights Agreement that need to be amended, added, or deleted. 2. *Definitions*: To avoid any ambiguity or misunderstanding, the amendment may provide additional definitions or modify existing ones to align with Oakland, Michigan's legal terminology or regulatory requirements. 3. *Timeframes*: The amendment establishes any new timelines or deadlines for registration-related activities, such as filing registration statements, responding to regulatory inquiries, providing shareholders with necessary documentation, etc. 4. *Fees and Expenses*: If there are any changes to the fees or expenses associated with the registration process, the amendment will stipulate the updated amounts or methods of calculation. 5. *Indemnification and Liability*: Any amendments regarding indemnification provisions, liability limitations, or obligations of each party involved will be clearly stated and modified if necessary. 6. *Confidentiality*: The agreement may address any updates or modifications related to the confidentiality of information exchanged between parties during the registration process. 7. *Governing Law and Jurisdiction*: As this amendment is specific to Oakland, Michigan, it will reaffirm the governing law and jurisdiction under which the agreement shall be interpreted, resolved, or enforced. Types of Oakland Michigan Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser could vary based on the specific changes being made or the unique circumstances of the agreement. However, these amendments are usually categorized based on the focus area of modification, such as amendments related to registration procedures, shareholder rights and obligations, disclosure requirements, or financial arrangements. Please note, it is essential to consult legal professionals or the specific agreement to obtain accurate information about the exact nature and types of amendments mentioned in Oakland Michigan Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser.
Oakland Michigan Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
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FAQ
Piggybacking is defined as the post-award use of a contractual document/process that allows an entity that was not contemplated in the original procurement to purchase the same supplies/equipment through that original document/process.
Demand registration rights, where an investor can force a company to file a registration statement to register the holder's securities so the investor can sell them in the public market without restriction.
In an unregistered securities offering, an agreement between the issuer and the purchasers of the security that creates an obligation for the issuer to register the re-offer and resale of the securities being offered at some time in the future (usually within six months).
Piggyback registration rights, where the investor is entitled to register its securities when either the company or another investor initiates the registration. Holders of piggyback rights are allowed to include their securities in a registration initiated by the company or another investor.
Registration Effective Date means the first date on which the Registration Statement has been declared effective.
EFFECTIVE DATE OF THE REGISTRATION STATEMENT means the date on which the SEC declares effective the Corporation's registration statement filed pursuant to Section 2 of the Investor Rights Agreement.
What Is Registration Right? A registration right is a right entitling an investor who owns restricted stock to require that a company list the shares publicly so that the investor can sell them. Registration rights, if exercised, can force a privately-held company to become a publicly-traded company.
There is no substantial difference between a commencement date and an effective date, as they both describe the date on which contract activities commence, or come into effect. It's more common to see 'effective date' used within the context of business contracts, though.
The registration statement is filed and becomes automatically effective under Rule 462(e) under the Securities Act; 20 days after the registration statement is filed, when it becomes automatically effective under Section 8(a) of the Securities Act; or.
For a company that wants to go public, the effective date occurs within 30 days after the security is registered with the Securities and Exchange Commission (SEC), giving time for the SEC to review the Form S-1 registration for completeness of disclosure so that prospective investors can make informed decisions.