Common use of Company's Right to Delay Registration Clause in Contracts

Company's Right to Delay Registration. In the event, at any time after giving the applicable Registration Notice pursuant to Section 8.1 and prior to the effective date of the registration statement or amendment thereto under the Securities Act is filed in connection with such registration, the Company shall determine for any reason, after consultation with the Holder or Holders of Option Securities which have requested inclusion in such registration, not to register or to delay registration of such Option Securities, the Company may, at its election, give written notice of such determination to each such Holder of Option Securities and, thereupon, (i) in the case of a determination not to register, the Company shall be relieved of its obligation to register any Option Securities in connection with such registration; provided, however, that such determination by the Company shall be without prejudice to the rights of any Holder or Holders of Option Securities pursuant to Section 8 hereof to include such Holder's or Holders' Option Securities in a subsequent registration by the Company, and (ii) in the case of a determination by the Company to delay registering, the Company shall be permitted to delay registering any Option Securities for the same period as the delay in registering such other securities. The Company will pay all registration expenses in connection with each registration of Option Securities requested pursuant to Section 8 hereof.

Company's Right to Delay Registration. In the event, at any time after giving the applicable Registration Notice pursuant to Section 8.1 2.1 and prior to the effective date of the registration statement or amendment thereto under the Securities Act is filed in connection with such registration, the Company shall determine for any reason, after consultation with the Holder holder or Holders holders of Option Registrable Securities which have requested inclusion in such registration, not to register or to delay registration of such Option Securitiessecurities, the Company may, at its election, give written notice of such determination to each such Holder holder of Option Registrable Securities and, thereupon, (i) in the case of a determination not to register, the Company shall be relieved of its obligation to register any Option Registrable Securities in connection with such registration; provided, however, that such determination by the Company shall be without prejudice to the rights of any Holder holder or Holders holders of Option Registrable Securities pursuant to Section 8 2 hereof to include such Holderholder's or Holdersholders' Option Registrable Securities in a subsequent registration by the Company, and (ii) in the case of a determination by the Company to delay registering, the Company shall be permitted to delay registering any Option Registrable Securities for the same period as the delay in registering such other securities. The Company will pay all registration expenses Registration Expenses in connection with each registration of Option Registrable Securities requested pursuant to Section 8 2 hereof.