Common use of Automatic Shelf Registration Statement Clause in Contracts

Automatic Shelf Registration Statement. The Company shall prepare and file a registration statement that shall become effective upon filing with the SEC pursuant to Rule 462(e) under the Securities Act (the “Automatic Shelf Registration Statement”) with the SEC as promptly as practicable after the Closing Date (but in no event more than 15 days after such date) covering the Registrable Securities, which shall contain a Prospectus in such form as to permit any Holder to sell its Registrable Securities at any time beginning on or after the filing thereof with the SEC pursuant to Rule 415 under the Securities Act or any successor or similar rule that may be adopted by the SEC. If the Company is not eligible to use an Automatic Shelf Registration Statement to register the Registrable Securities at the Closing Date, it shall not have any obligation under this Section 4.01(b) or any liability for failure to file the Automatic Shelf Registration Statement.

Appears in 2 contracts

Samples: Registration Rights, Lock Up and Buy Back Agreement (Magnum Hunter Resources Corp), Registration Rights, Lock Up and Buy Back Agreement (Penn Virginia Corp)

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Automatic Shelf Registration Statement. The Company Partnership shall prepare and file a registration statement that shall become effective upon filing with the SEC Commission pursuant to Rule 462(e) under the Securities Act (the “Automatic Shelf Registration Statement”) with the SEC as promptly as practicable after the Closing Conversion Date (but in no event no more than 15 days after such date) covering the Registrable Securities, which shall contain a Prospectus in such form as to permit any Holder to sell its Registrable Securities at any time beginning on or after the filing thereof with the SEC pursuant to Rule 415 under the Securities Act or any successor or similar rule that may be adopted by the SEC. If the Company Partnership is not eligible to use an Automatic Shelf Registration Statement to register the Registrable Securities at the Closing Conversion Date, it shall not have any obligation under this Section 4.01(b2.02(b) or any liability for failure to file the Automatic Shelf Registration Statement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Penn Virginia Resource Partners L P), Class B Unit Purchase Agreement (Penn Virginia Resource Partners L P)

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