Current Registration. (a) The provisions of Sections 4, 5,6, 7 and 8 hereof will apply to the Current Registration.
(b) The parties hereby agree that in the event the Current Registration has not been declared effective by the Securities and Exchange Commission by March 31, 1997 (the "Target Date") the Holders may be harmed by not being able to sell shares until the date the Current Registration is actually declared effective (the "Actual Date"), to the extent that the price on the Actual Date is less than the price on the Target Date. Therefore, Company agrees to pay as additional Merger Consideration (as defined in the related Merger Agreements dated of even date herewith) and as liquidated damages an amount per share for the total number of Shares equal to: (a) the closing bid price per share for the common stock as quoted on the Nasdaq Stock Market on the Target Date, less (b) the closing bid price per share for the common stock as quoted on the Nasdaq Stock Market on the Actual Date, less $.50 (fifty cents) per share (the amount per share in item (b) being referred to as the "Target Price" and the amount calculated pursuant to items (a) and (b) being referred to herein as the "Per Share Price Reconciliation"). The Per Share Price Reconciliation shall be payable as follows:
Current Registration. The Company and its Subsidiaries have a current and accurate registration with the Directorate of Defense Trade Controls (“DDTC”) of the Department of State pursuant to 22 C.F.R. Part 122. (c)
Current Registration. Licensee must maintain a current state Registration on the vessel at all times and provide a copy of the annual registration renewal to CNM.
Current Registration. 1.1 Current category of registration? Are there restrictions or conditions on the registration? Yes No
1.2.1 If yes, provide details:
Current Registration. All Licensees must register their bicycle(s) with the Property Management must have a current City/County license sticker.
Current Registration. If the vehicle is not registered or does not have a current sticker it is to be reported to a supervisor immediately; and
Current Registration. Promptly after the Effective Time, Parent shall cause the Registration Statement to be filed with the SEC registering for resale those shares of Parent Common Stock as indicated on
Current Registration. The Company shall cause the Registrable Securities to be covered by the S-1 Registration Statement to be filed by the Company with the Commission covering the registration of certain shares of Common Stock issuable upon the exercise of outstanding Warrants previously issued by the Company; provided , however, that such inclusion of the Registrable Shares will not be required if doing so would cause the Company to be unable to proceed with its proposed registration of the aforementioned other securities due to rules and regulations of the Commission. If such Registration Statement, covering the Registrable Securities, has not been declared effective by the Commission by June 30, 1998, then the Company will file with the Commission, and use its best efforts to obtain the prompt effectiveness of, a registration statement under the Securities Act to register for public sale all of the Registrable Securities so that such shares may be offered and sold by or for the account of the Purchaser from time to time as market conditions permit in the public markets or in privately negotiated transactions. Such Registration Statement shall be filed within 60 days of the written request of Purchaser which may be delivered at any time after the date of this Agreement. Either such Registration Statements shall remain effective with respect to the Registrable Securities for at least six months or, if earlier, until the Purchaser may sell all of the Registrable Securities pursuant to the terms of Rule 144(k) promulgated under the Securities Act.
Current Registration. The parties acknowledge that the Company expects to register 1,542,150 shares of its Common Stock under the Securities Act in connection with a proposed public offering (the "Offering") of such shares to be underwritten by Pipex Xxxxxxx, Xxc., The Robixxxx-Xxxxxxxx Xxxpany, LLC and Sandler O'Nexxx & Xartners, L.P. The Company and the Purchaser have agreed that the Shares shall be registered and offered for sale in connection with such Offering, on the same terms and conditions as the other selling shareholders are offering their shares of Common Stock for sale in the Offering (including, without limitation, entering into a purchase agreement with the aforesaid underwriters).
