Common use of Delay Limitation Clause in Contracts

Delay Limitation. If the Company shall furnish to Holders requesting a Requested Registration a certificate signed by the chief executive officer or chairman of the board of directors of the Company stating that, in the good faith judgment of the board of directors, the effecting of the Requested Registration at the time requested would be detrimental to the Company or its stockholders, then the Company shall have the right to defer such Requested Registration for a period of not more than 180 days.

Delay Limitation. If the Company shall furnish to Holders requesting a Requested Registration the Shareholders a certificate signed by the chief executive officer or chairman of the board of directors of the Company stating that, in the good faith judgment of the board of directors, the effecting of the Requested Registration at the time requested would be detrimental to the Company or its stockholders, then the Company shall have the right to defer such Requested Registration for a period of not more than 180 days; provided, however, that the Company may only assert such delay once during any 12-month period.

Delay Limitation. If the Company shall furnish to Holders Shareholders requesting a Requested Registration a certificate signed by the chief executive officer Company's Chief Executive Officer or chairman Chairman of the board of directors of the Company Board stating that, that in the good faith judgment of the board Board of directors, the effecting Directors of the Requested Registration Company such registration at the time requested would be detrimental to the Company or and its stockholdersshareholders for such Requested Registration to be effected at such time, then the Company shall have the right to defer such Requested Registration filing for a period of not more than 180 daysdays after receipt of the request of the Shareholders.