Common use of Continuous Effectiveness of Registration Statement Clause in Contracts

Continuous Effectiveness of Registration Statement. The Company will use its reasonable best efforts to keep a Registration Statement that has become effective as contemplated by this Article III continuously effective for a period of 60 calendar days (subject to extension pursuant to Section 6.3) or such shorter period that will terminate when all Registrable Securities covered by such Registration Statement have been sold pursuant to such Registration Statement; provided, however, that in no event will such period expire prior to the expiration of the applicable period referred to in Section 4(3) of the Securities Act and Rule 174 promulgated thereunder.

Continuous Effectiveness of Registration Statement. The Company will shall use its reasonable best efforts to keep a Registration Statement that has become effective as contemplated by this Article III continuously effective for a period of 60 calendar 90 days (subject to extension pursuant to Section 6.35.5) or such shorter period that will terminate when all Registrable Securities covered by such Registration Statement have been sold pursuant to such Registration Statement; provided, however, that in no event will such period expire prior to the expiration of the applicable period referred to in Section 4(3) of the Securities Act and Rule 174 promulgated thereunder.