Common use of Blackout Clause in Contracts

Blackout. The Company undertakes and covenants that until the first to occur of (i) the registration statement described in Section 11.1(iv) having been effective for one hundred and eighty (180) business days, or (ii) until all the Shares and Warrant Shares have been resold pursuant to said registration statement, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement, causing an already effective registration statement to no longer be effective or current.

Blackout. The Company undertakes and covenants that until the first to occur of (i) until the registration statement described in Section 11.1(iv) having Registration Statement has been effective for one hundred and eighty (180) business 150 days, or (ii) until all the Shares and Warrant Shares have been resold pursuant to said such registration statement, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement, statement or causing an already effective registration statement to no longer be effective or current.

Blackout. The Company undertakes and covenants that until the first to occur of (i) the registration statement described in Section 11.1(iv10.1(iv) having has been effective for one hundred and eighty (180) business days, or (ii) until all the Shares and Warrant Company Shares have been resold pursuant to said registration statement, or (iii) two years after the later of the Closing Date or final Second Closing Date, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement, causing an already effective registration statement to no longer be effective or current, or require the filing of an amendment to an already effective registration statement.

Blackout. The Company undertakes and covenants that until the first to occur of (i) the registration statement described in Section 11.1(iv10.1(iv) having has been effective for one hundred and eighty (180) business days, or (ii) until all the Shares and Warrant Company Shares have been resold pursuant to said registration statement, or (iii) two years after the Closing Date, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement, causing an already effective registration statement to no longer be effective or current, or require the filing of an amendment to an already effective registration statement.