Common use of Blue Sky Registration Clause in Contracts

Blue Sky Registration. In the event of any Registration of Registrable Securities pursuant to this Section 2, the Company will exercise its best efforts to Register and qualify the Registrable Securities covered by the Registration Statement under such other securities or “blue sky” laws of such jurisdictions as shall be reasonably appropriate for the distribution of such Registrable Securities; provided, however, that (i) the Company shall not be required to qualify to do business or to file a general consent to service of process in any such states or jurisdictions, and (ii) notwithstanding anything in this Agreement to the contrary, in the event any jurisdiction in which the Registrable Securities shall be qualified imposes a non-waiveable requirement that expenses incurred in connection with the qualification of the Registrable Securities be borne by selling shareholders, such expenses shall be payable pro rata by selling shareholders.

Appears in 2 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Unified Western Grocers Inc)

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Blue Sky Registration. In the event of any Registration of Registrable Securities pursuant to this Section SECTION 2, the Company will exercise shall use its best efforts Best Efforts to Register and register and/or qualify the Registrable Securities securities covered by the Registration Statement under such other securities or “blue sky” Blue Sky laws of such jurisdictions as shall be reasonably requested by the Holders participating in the Registration and as may be reasonably appropriate for the distribution of such Registrable Securities; , provided, however, that (i) the Company shall not be required to qualify to do business or to file a general consent to service of process in any such states or jurisdictions, and (ii) notwithstanding anything in this Agreement to the contrary, in the event any jurisdiction in which the Registrable Securities securities shall be qualified imposes a non-waiveable waivable requirement that expenses incurred in connection with the qualification of the Registrable Securities be borne by selling shareholders, the Holders shall pay their pro rata share of such expenses shall or withdraw the request that securities be payable pro rata by selling shareholdersqualified for sale in such jurisdiction.

Appears in 1 contract

Samples: Registration Rights Agreement (Unifab International Inc)

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