Common use of Company's Ability to Postpone Clause in Contracts

Company's Ability to Postpone. The Company shall have the right to postpone the filing of a registration statement under this Section 6 for a reasonable period of time (not exceeding 60 days) if the Company furnishes SCG with a certificate signed by any Senior Officer stating that, in its good faith judgment, the Board has determined that effecting the registration at such time would adversely affect a material financing, acquisition, disposition of assets or shares, merger or other comparable transaction or would require the Company to make public disclosure of information the public disclosure of which would have a material adverse effect upon the Company.

Company's Ability to Postpone. The Company shall have the right to postpone the filing of a registration statement under this Section 6 7 for a reasonable period of time (not exceeding 60 days) if the Company furnishes SCG with a certificate signed by any Senior Officer stating that, in its good faith judgment, the Board has determined that effecting the registration at such time would adversely affect a material financing, acquisition, disposition of assets or shares, merger or other comparable transaction or would require the Company to make public disclosure of information the public disclosure of which would have a material adverse effect upon the Company.

Company's Ability to Postpone. The Company shall have the right to postpone the filing of a registration statement under this Section 6 7 for a reasonable period of time (not exceeding 60 days) if the Company furnishes SCG with a certificate signed by any Senior Officer the Chairman of the Board or the President of the Company stating that, in its good faith judgment, the Board has determined that effecting the registration at such time would adversely affect a material financing, acquisition, disposition of assets or sharesstock, merger or other comparable transaction or would require the Company to make public disclosure of information the public disclosure of which would have a material adverse effect upon the Company.