Common use of Company Suspension Clause in Contracts

Company Suspension. (a) Upon receipt of any notice from Xxxxxxx of the happening of any event of the kind described in Section 10A.3(e), such Holder will forthwith discontinue such Holder's disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities (it being understood that such Holder's right to dispose of Registrable Securities by other means in accordance with applicable securities laws shall not be restricted hereby) until such Holder's receipt of the copies of the supplemented or amended prospectus and, if so directed by Xxxxxxx, will deliver to Xxxxxxx (at Xxxxxxx'x expense) all copies, other than permanent file copies, then in such Holder's possession of the prospectus relating to such Registrable Securities current at the time of receipt of such notice. (b) Upon receipt of any notice from Xxxxxxx that in the good faith judgment of Xxxxxxx the filing or making of offers and sales pursuant to the Shelf Registration would require the public disclosure of information, the disclosure of which would not otherwise be required at that time and either compiling such information would require unreasonable effort in the circumstances or disclosure thereof would have a material adverse effect on Xxxxxxx, Xxxxxxx shall have the right to suspend such sales or postpone such filing for a period which shall not exceed 90 days (provided that no such notice may be given beginning when Shareholders notify Xxxxxxx that marketing efforts have begun by the Managing Underwriter on behalf of the Holders of Registrable Securities in connection with an offering thereof and ending when such offering is completed or abandoned); provided, however, that Xxxxxxx may not use the right provided by this paragraph until 120 days have elapsed from the end of the most recent suspension or postponement period initiated by Xxxxxxx and provided, further, however, that immediately following disclosure of such information or withdrawal or abandonment of the transaction requiring suspension or postponement Xxxxxxx will make such filing or take such steps as are necessary to permit such offers and sales, as the case may be. Section 10A.

Company Suspension. (a) Upon ALZA shall upon receipt of any notice from Xxxxxxx of the happening of any event of the kind described in Section 10A.3(e), such Holder will forthwith discontinue such Holder's disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities (it being understood that such Holder's right to dispose of Registrable Securities by other means in accordance with applicable securities laws shall not be restricted hereby) until such Holder's receipt of the copies of the supplemented or amended prospectus and, if so directed by Xxxxxxx, will deliver to Xxxxxxx (at Xxxxxxx'x expense) all copies, other than permanent file copies, then in such Holder's possession of the prospectus relating to such Registrable Securities current at the time of receipt of such notice. (b) Upon receipt of any notice from Xxxxxxx Alkermes that in the good faith judgment of Xxxxxxx Alkermes the filing or making of offers and sales pursuant to the Shelf Registration would require the public disclosure of material information, the disclosure of which would not otherwise be required at that time and either compiling such information would require unreasonable effort in the circumstances or disclosure thereof would have a material adverse effect on XxxxxxxAlkermes, Xxxxxxx Alkermes shall have the right to suspend such sales or postpone such filing for a period which shall not exceed 90 30 days (provided that no such notice may be given beginning when Shareholders notify Xxxxxxx ALZA notifies Alkermes that marketing efforts have begun by the Managing Underwriter an underwriter on behalf of the Holders of Registrable Securities ALZA in connection with an offering thereof and ending when such offering is completed or abandoned); providedPROVIDED, howeverHOWEVER, that Xxxxxxx Alkermes may not use the right provided by this paragraph until 120 days have elapsed from the end of the most recent suspension or postponement period initiated by Xxxxxxx Alkermes and providedPROVIDED, furtherFURTHER, howeverHOWEVER, that immediately following disclosure of such information or withdrawal or abandonment of the transaction requiring suspension or postponement Xxxxxxx Alkermes will make such filing or take such steps as are necessary to permit such offers and sales, as the case may be. Any suspension under this Section 10A.6.6(b) will extend, for an amount of time equal to such suspension, the termination date of any registration rights, or obligations to keep a registration effective, otherwise provided in this Agreement.

Company Suspension. (a) Upon ALZA shall, upon receipt of any written notice from Xxxxxxx USB of the happening of any event of the kind described in Section 10A.3(e6.3(e), such Holder will forthwith discontinue such Holder's its disposition of Registrable Securities pursuant to the such registration statement relating to such Registrable Securities (it being understood that such HolderALZA's right to dispose of Registrable Securities by other means in accordance with applicable securities laws shall not be restricted hereby) until such Holder's receipt of ALZA receives the copies of the supplemented or amended prospectus and, if so directed by XxxxxxxUSB, will deliver to Xxxxxxx USB (at Xxxxxxx'x USB's expense) all copies, other than permanent file copies, then in such HolderALZA's possession of the prospectus relating to such Registrable Securities current at the time of receipt of such notice. (b) Upon ALZA shall upon receipt of any notice from Xxxxxxx USB that in the good faith judgment of Xxxxxxx USB the filing or making of offers and sales pursuant to the Shelf Registration registration statement would require the public disclosure of material information, the disclosure of which would not otherwise be required at that time and either compiling such information would require unreasonable effort in the circumstances or disclosure thereof would have a material adverse effect on XxxxxxxUSB, Xxxxxxx USB shall have the right to suspend such sales or postpone such filing for a period which shall not exceed 90 60 days (provided that no such notice may be given beginning when Shareholders notify Xxxxxxx ALZA notifies USB that marketing efforts have begun by the Managing Underwriter an underwriter on behalf of the Holders of Registrable Securities ALZA in connection with an offering thereof and ending when such offering is completed or abandoned); provided, however, that Xxxxxxx USB may -------- ------- not use the right provided by this paragraph until 120 days have elapsed from the end of the most recent suspension or postponement period initiated by Xxxxxxx USB and provided, further, however, that immediately following disclosure of such -------- ------- ------- information or withdrawal or abandonment of the transaction requiring suspension or postponement Xxxxxxx USB will make such filing or take such steps as are necessary to permit such offers and sales, as the case may be. Any suspension under this Section 10A.6.6(b) will extend, for an amount of time equal to such suspension, the termination date of any registration rights, or obligations to keep a registration effective, otherwise provided in this Agreement.

Company Suspension. (a) Upon The Purchasers shall, upon receipt of any written notice from Xxxxxxx USB of the happening of any event of the kind described in Section 10A.3(eSECTION 6.3(E), such Holder will forthwith discontinue such Holder's their disposition of Registrable Securities pursuant to the such registration statement relating to such Registrable Securities (it being understood that such HolderPurchaser's right to dispose of Registrable Securities by other means in accordance with applicable securities laws shall not be restricted hereby) until such Holder's receipt of the Purchasers receive the copies of the supplemented or amended prospectus and, if so directed by XxxxxxxUSB, will deliver to Xxxxxxx USB (at Xxxxxxx'x USB's expense) all copies, other than permanent file copies, then in such Holder's the Purchasers' possession of the prospectus relating to such Registrable Securities current at the time of receipt of such notice. (b) Upon The Purchasers shall upon receipt of any notice from Xxxxxxx USB that in the good faith judgment of Xxxxxxx USB the filing or making of offers and sales pursuant to the Shelf Registration registration statement would require the public disclosure of material information, the disclosure of which would not otherwise be required at that time and either compiling such information would require unreasonable effort in the circumstances or disclosure thereof would have a material adverse effect on XxxxxxxUSB, Xxxxxxx USB shall have the right to suspend such sales or postpone such filing for a period which shall not exceed 90 60 days (provided that no such notice may be given beginning when Shareholders the Purchasers notify Xxxxxxx USB that marketing efforts have begun by the Managing Underwriter an underwriter on behalf of the Holders of Registrable Securities Purchasers in connection with an offering thereof and ending when such offering is completed or abandoned); provided, -------- however, that Xxxxxxx USB may not use the right provided by this paragraph until 120 ------- days have elapsed from the end of the most recent suspension or postponement period initiated by Xxxxxxx USB and provided, further, however, that immediately -------- ------- ------- following disclosure of such information or withdrawal or abandonment of the transaction requiring suspension or postponement Xxxxxxx USB will make such filing or take such steps as are necessary to permit such offers and sales, as the case may be. Section 10A.Any suspension under this SECTION 6.6(B) will extend, for an amount of time equal to such suspension, the termination date of any registration rights, or obligations to keep a registration effective, otherwise provided in this Agreement.