Commission Comments Clause Samples
The 'Commission Comments' clause outlines the process by which a commission or regulatory body may provide feedback, recommendations, or required changes to a document, agreement, or project. Typically, this clause specifies the timeframe for submitting comments, the method of communication, and the obligations of the parties to address or incorporate the commission's input. Its core practical function is to ensure regulatory oversight and compliance by formally integrating the commission's perspective into the relevant process or documentation.
Commission Comments. There are no outstanding, unresolved comments made by the staff of the Commission in connection with a review of the Company’s annual report filings under the 1934 Act, except those which (i) were issued less than 180 days before the end of the fiscal year covered by such annual report or (ii) are not material to the Company.
Commission Comments. The Company has not received any written comments from the Commission staff in connection with the Company’s reports under the Exchange Act that remain unresolved.
Commission Comments. (a) If the Commission informs the Company that all of the Registrable Securities required to be registered under any Registration Statement cannot be included in such Registration Statement due to Commission Comments (as defined below), then the Company shall, from, time to time, (i) inform the Purchaser of the receipt of the Commission Comments and use its commercially reasonable efforts to file amendments to such Registration Statement as required by the Commission and/or (ii) withdraw such Registration Statement and file a new registration statement (a “New Registration Statement”), in either case covering the maximum number of Registrable Securities permitted to be registered by the Commission, on Form S-1 or S-3 or such other form available to register for resale the Registrable Securities as a secondary offering; provided, however, that prior to filing such amendment or New Registration Statement, the Company shall be obligated to use its commercially reasonable efforts to advocate with the Commission for the registration of all of the Registrable Securities in accordance with the Commission Comments. Notwithstanding any other provision of this Agreement, if any Commission Comments sets forth a limitation of the number of Registrable Securities permitted to be registered on a particular Registration Statement as a secondary offering (and notwithstanding that the Company used diligent efforts to advocate with the Commission for the registration of all or a greater number of Registrable Securities), unless otherwise directed in writing by the Purchaser as to its Registrable Securities, the number of Registrable Securities to be registered on such Registration Statement will first be reduced by Warrant Shares. In the event the Company amends a Registration Statement or files a New Registration Statement, as the case may be, under clauses (i) or (ii) above, the Company will use its commercially reasonable efforts to file with the Commission, as promptly as allowed by the Commission or Commission Comments provided to the Company or to registrants of securities in general, one or more registration statements on Form S-1 or Form S-3 or such other form available to register for resale those Registrable Securities that were not registered for resale on the Registration Statement, as amended, or the New Registration Statement.
(b) For purposes of this Agreement, “Commission Comments” means written comments pertaining solely to Rule 415 under the Securities Act...
Commission Comments. The Company has received no written comments from the SEC staff regarding its periodic or current reports under the 1934 Act that remain unresolved, other than comments disclosed in the Registration Statement, General Disclosure Package and Prospectus.
Commission Comments. Furnish to NFLP and NFLP's counsel copies of all comment letters from the Commission to the Company relating to any Shelf Registration Statement or any amendment or supplement thereto, and respond to such comments as promptly as reasonably possible.