Bexar Texas Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Bexar
• Control #: US-EG-9138
• Format: Word; Rich Text

Description

Amendment No. 2 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 4 pages Title: Understanding Bexar Texas Amendment No. 2 to Registration Rights Agreement: A Comprehensive Overview Introduction: The Bexar Texas Amendment No. 2 to the Registration Rights Agreement is a legal document that governs the rights and obligations between Visible Genetics, Inc. (the company) and the purchasers of common shares of the company. This detailed description will provide insights into the key aspects of this amendment and shed light on its various types, if applicable. Keywords: Bexar Texas Amendment No. 2, Registration Rights Agreement, Visible Genetics, Inc., common shares, purchasers. 1. Overview of Bexar Texas Amendment No. 2: Bexar Texas Amendment No. 2 is a legally binding modification to the original Registration Rights Agreement between Visible Genetics, Inc. and those who have purchased common shares of the company. This amendment encompasses specific terms and conditions that enhance or alter the rights and privileges granted to the shareholders. 2. Key Provisions of the Amendment: While the exact provisions may vary, based on the terms negotiated between the parties involved, some common provisions that may be covered by Bexar Texas Amendment No. 2 include: a) Expansion of Registration Rights: The amendment may grant purchasers of common shares additional or expanded rights to register their shares or request the company to register the shares on their behalf. b) Modified Notice Periods: The amendment may establish specific timing requirements for parties to provide notices related to registration rights, including notice of demand for registration or participation in future offerings. c) Registration Expenses and Indemnification: The amendment may outline the responsibilities of the company and the shareholders regarding the payment of registration expenses and indemnification obligations. 3. Types of Bexar Texas Amendment No. 2: It is important to note that the specific types or versions of Bexar Texas Amendment No. 2 to the Registration Rights Agreement may differ based on the negotiated terms or the evolving needs of the parties involved. Examples of potential variations include: a) Amendment No. 2, Series A: This version may include specific provisions tailored to the rights and obligations of purchasers of Series A common shares. b) Amendment No. 2, Series B: This type of amendment could focus on the requirements applicable to purchasers of Series B common shares. c) Amendment No. 2, Investor-Specific: In certain cases, the amendment may pertain to a specific purchaser, addressing individual preferences or specific rights requested by an investor. Conclusion: The Bexar Texas Amendment No. 2 to Registration Rights Agreement is a vital legal instrument that defines the rights and obligations between Visible Genetics, Inc. and purchasers of common shares. The contents of this amendment, including various provisions and potential variations based on series or individual investors, play a crucial role in ensuring transparency and protecting the interests of all parties involved.

Title: Understanding Bexar Texas Amendment No. 2 to Registration Rights Agreement: A Comprehensive Overview Introduction: The Bexar Texas Amendment No. 2 to the Registration Rights Agreement is a legal document that governs the rights and obligations between Visible Genetics, Inc. (the company) and the purchasers of common shares of the company. This detailed description will provide insights into the key aspects of this amendment and shed light on its various types, if applicable. Keywords: Bexar Texas Amendment No. 2, Registration Rights Agreement, Visible Genetics, Inc., common shares, purchasers. 1. Overview of Bexar Texas Amendment No. 2: Bexar Texas Amendment No. 2 is a legally binding modification to the original Registration Rights Agreement between Visible Genetics, Inc. and those who have purchased common shares of the company. This amendment encompasses specific terms and conditions that enhance or alter the rights and privileges granted to the shareholders. 2. Key Provisions of the Amendment: While the exact provisions may vary, based on the terms negotiated between the parties involved, some common provisions that may be covered by Bexar Texas Amendment No. 2 include: a) Expansion of Registration Rights: The amendment may grant purchasers of common shares additional or expanded rights to register their shares or request the company to register the shares on their behalf. b) Modified Notice Periods: The amendment may establish specific timing requirements for parties to provide notices related to registration rights, including notice of demand for registration or participation in future offerings. c) Registration Expenses and Indemnification: The amendment may outline the responsibilities of the company and the shareholders regarding the payment of registration expenses and indemnification obligations. 3. Types of Bexar Texas Amendment No. 2: It is important to note that the specific types or versions of Bexar Texas Amendment No. 2 to the Registration Rights Agreement may differ based on the negotiated terms or the evolving needs of the parties involved. Examples of potential variations include: a) Amendment No. 2, Series A: This version may include specific provisions tailored to the rights and obligations of purchasers of Series A common shares. b) Amendment No. 2, Series B: This type of amendment could focus on the requirements applicable to purchasers of Series B common shares. c) Amendment No. 2, Investor-Specific: In certain cases, the amendment may pertain to a specific purchaser, addressing individual preferences or specific rights requested by an investor. Conclusion: The Bexar Texas Amendment No. 2 to Registration Rights Agreement is a vital legal instrument that defines the rights and obligations between Visible Genetics, Inc. and purchasers of common shares. The contents of this amendment, including various provisions and potential variations based on series or individual investors, play a crucial role in ensuring transparency and protecting the interests of all parties involved.