Common use of Cessation of Sales Clause in Contracts

Cessation of Sales. (a) Upon receipt of written notice from the Company pursuant to Section 5.1(e), each holder of Registrable Securities hereby agrees to discontinue the disposition of the Registrable Securities covered by a registration statement or prospectus until such order set forth in Section 5.1(e) has been withdrawn or lifted. (b) Upon receipt of written notice from the Company pursuant to Section 5.1(f), each holder of Registrable Securities hereby agrees to discontinue the disposition of the Registrable Securities covered by a registration statement or prospectus until such holders: (i) receive copies of a supplemented or amended prospectus and have been advised in writing by the Company that such supplemented or amended prospectus may be used; or (ii) are advised in writing by the Company that the applicable prospectus may be used. If so directed by the Company, the holders of Registrable Securities shall deliver to the Company all copies then in such holder’s possession of the prospectus covering such Registrable Securities current at the time of receipt of notice by the Company.

Cessation of Sales. (a) Upon receipt of written notice from the Company pursuant to Section 5.1(e), each holder of Registrable Securities hereby agrees to discontinue the disposition of the Registrable Securities covered by a registration statement or prospectus until such order set forth in Section 5.1(e) has been withdrawn or lifted. (b) Upon receipt of written notice from the Company pursuant to Section 5.1(f), each holder of Registrable Securities hereby agrees to discontinue the disposition of the Registrable Securities covered by a registration statement or prospectus until such holders: (i) receive copies of a supplemented or amended prospectus and have been advised in writing by the Company that such supplemented or amended prospectus may be used; or (ii) are advised in writing by the Company that the applicable prospectus may be used. If so directed by the Company, the holders of Registrable Securities shall deliver to the Company all copies then in such holder’s 's possession of the prospectus covering such Registrable Securities current at the time of receipt of notice by the Company.