Suspension of Registration Rights Sample Clauses

Suspension of Registration Rights. (a) Notwithstanding anything to the contrary herein, if the Company shall at any time furnish to the Holders a certificate signed by any of its authorized officers (a “Suspension Notice”) stating that the Company is engaged in a material merger, acquisition or sale, or a pending material financing, material corporate reorganization or other material corporate transaction, and the Board of Directors of the Company determines, in good faith and by appropriate resolution after consultation with its outside counsel, that the filing of the Mandatory Registration Statement would require additional disclosure of material information that would be materially detrimental to the Company, then the right of the Holders to require the Company to file the Mandatory Registration Statement shall be suspended for a period (a “Black Out Period”) of not more than sixty (60) days in the aggregate in any three hundred and sixty (360) consecutive-day period (and no more than ten (10) consecutive Business Days in any three hundred and sixty (360) consecutive day period).
AutoNDA by SimpleDocs
Suspension of Registration Rights. The right of any Holder to request registration of shares as provided in this Section 10 shall be suspended during any period of time that all of the Registrable Securities held and entitled to be held (as a result of conversion pursuant to Section 2.5 of this Agreement) by the Lender may immediately be sold under SEC Rule 144.
Suspension of Registration Rights. (a) Notwithstanding anything to the contrary herein, if the Company shall at any time furnish to the Stockholder a certificate signed by any of its authorized officers (a “Suspension Notice”) stating that:
Suspension of Registration Rights. Except as set forth in subparagraph (b) below, no Holder may request Registration pursuant to Section 8.03 at any time that all Registrable Securities held by such Holder may immediately be sold under Rule 144 during any 90-day period, provided, however, that the foregoing shall not be applicable in the case of any Holder who owns more than 2% of the outstanding Common Stock of the Company.
Suspension of Registration Rights. (i) Notwithstanding anything to the contrary herein:
Suspension of Registration Rights. The registration rights granted pursuant to Sections 2 hereof shall not be exercisable by the Holder during the period in which the Holder has the ability to sell all of the Registrable Securities held by the Holder under Rule 144 or Rule 144A during a single ninety (90) day period.
Suspension of Registration Rights. Notwithstanding the provisions of Section 2.4, the Company’s obligation to file a registration statement, or cause such registration statement to become and remain effective, shall be suspended for a period not to exceed 120 days (in the case of a registration statement on Form S-1) or 90 days (in the case of a registration statement on Form S-3) in any 12-month period if the Company shall furnish to the Investors requesting such registration a certificate signed by the President of the Company stating either (i) that in the good faith judgment of the Company it would likely be detrimental to the Company or its stockholders (whether due to a potential adverse effect on a pending transaction or otherwise) for a registration statement to be filed in the near future or (ii) that there exists at the time material non-public information relating to the Company which, in the reasonable opinion of the Company, should not be disclosed.
AutoNDA by SimpleDocs
Suspension of Registration Rights. The provisions of this Article III shall be suspended, and no rights of Reuters pursuant to this Article III may be exercised, for so long as the Registration Rights Agreement is in effect.
Suspension of Registration Rights a. From the Commencement Date until the termination of the Purchase Agreement, the Company from time to time may suspend the use of the Registration Statement by written notice to the Investor in the event that the Company determines in its sole discretion in good faith that such suspension is necessary to (A) delay the disclosure of material nonpublic information concerning the Company, the disclosure of which at the time is not, in the good faith opinion of the Company, in the best interests of the Company or (B) amend or supplement the Registration Statement or prospectus so that such Registration Statement or prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading (a “Black Out Period”).
Suspension of Registration Rights. Provided that (i) the Company has previously closed a firm commitment public offering of the Common Stock of the Company pursuant to a registration statement on Form S-1, filed with, and declared effective by, the SEC pursuant to the 1933 Act and (ii) there then exists an active public trading market for the Company's Common Stock, the registration rights contained in this Section 7 shall be suspended as to any Holder who: (a) (i) is legally able to sell all such Holder's Registrable Securities to the public without registration in two (2) consecutive three (3) month periods pursuant to the provisions of Rule 144 promulgated under the 1933 Act and (ii) owns less than (2%) of the Company's outstanding Common Stock, calculated as provided in this Section 7.12. In calculating the amount of Common Stock held by such Holder and the total amount of Common Stock outstanding for purposes of this Section 7.12, there shall be deemed outstanding all shares of the Company's Common Stock issuable on conversion, exchange or exercise of any outstanding securities of the Company.
Time is Money Join Law Insider Premium to draft better contracts faster.