Common use of DEMAND REGISTRATION RIGHTS; INITIAL REGISTRATION Clause in Contracts

DEMAND REGISTRATION RIGHTS; INITIAL REGISTRATION. (i) In addition to the aforementioned registration rights, at any time after February 1, 2001, if the Company has not filed a registration statement as referred to in Section 1.2(a), then upon written notification to the Company by the Purchaser that it wishes to cause a public offering of some or all of the Shares, within the meaning of the Act, the Company shall then as expeditiously as reasonably possible prepare and file a registration statement with the Securities and Exchange Commission for such Shares and use its best efforts to cause such registration statement to become and remain effective; provided,however, that the Company be permitted to include an offering of any other securities of the Company in such registration statement and further provided that in connection with any proposed registration intended to permit an offering of any ofthe Shares from time to time (i.e., a so-called ""shelf registration'') the Company shall in no event be obligated to cause any such registration to remain effective for more than one hundred twenty (120) days. The expenses of this registration statement, including but not limited to all legal and accounting fees, travel and all other expenses, shall be borne by the Company. (ii) In connection with this demand registration right, the Purchaser shall have the right to compel the Company to adjust the number of its Shares outstanding in order to cause the availability of that number of Shares for sale to the public which shall be deemed by the Purchaser to be in the Purchaser's best interests in effecting the registration of the Shares and ultimate disposition of the same.

DEMAND REGISTRATION RIGHTS; INITIAL REGISTRATION. (i) In addition to the aforementioned registration rights, at any time after February 1, 2001, if the Company has not filed a registration statement as referred to in Section 1.2(a), then upon written notification to the Company by the Purchaser that it wishes to cause a public offering of some or all of the Shares, within the meaning of the Act, the Company shall then as expeditiously as reasonably possible prepare and file a registration statement with the Securities and Exchange Commission for such Shares and use its best efforts to cause such registration statement to become and remain effective; provided,, however, that the Company be permitted to include an offering of any other securities of the Company in such registration statement and and; further provided that in connection with any proposed registration intended to permit an offering of any ofthe of the Shares from time to time (i.e., a so-called ""shelf registration''") the Company shall in no event be obligated to cause any such registration to remain effective for more than one hundred twenty (120) days. The expenses expense of this registration statement, including but not limited to all legal and accounting fees, travel and all other expenses, shall be borne by the Company. (ii) In connection with this demand registration right, the Purchaser shall have the right to compel the Company to adjust the number of its Shares outstanding in order to cause the availability of that number of Shares for sale to the public which shall be deemed by the Purchaser to be in the Purchaser's best interests in effecting the registration of the Shares and ultimate disposition of the same.

DEMAND REGISTRATION RIGHTS; INITIAL REGISTRATION. (i) In addition to the aforementioned registration rights, at any time after February 1, 2001, if the Company has not filed a registration statement as referred to in Section 1.2(a), then upon written notification to the Company by the Purchaser that it wishes to cause a public offering of some or all of the Shares, within the meaning of the Act, the Company shall then as expeditiously as reasonably possible prepare and file a registration statement with the Securities and Exchange Commission for such Shares and use its best efforts to cause such registration statement to become and remain effective; provided,, however, that the Company be permitted to include an in offering of any other securities of the Company in such registration statement and and; further provided that in connection with any proposed registration intended to permit an offering of any ofthe of the Shares from time to time (i.e., a so-called ""shelf registration''") the Company shall in no event be obligated to cause any such registration to remain effective for more than one hundred twenty (120) days. The expenses expense of this registration statement, including but not limited to all legal and accounting fees, travel and all other expenses, shall be borne by the Company. (ii) In connection with this demand registration right, the Purchaser shall have the right to compel the Company to adjust the number of its Shares outstanding in order to cause the availability of that number of Shares for sale to the public which shall be deemed by the Purchaser to be in the Purchaser's best interests in effecting the registration of the Shares and ultimate disposition of the same.

DEMAND REGISTRATION RIGHTS; INITIAL REGISTRATION. (i) In addition to the aforementioned registration rights, at any time after February 1, 20011997, if the Company has not filed a registration statement as referred to in Section 1.2(a), then upon written notification to the Company by the Purchaser that it wishes to cause a public offering of some or all of the Shares, within the meaning of the Act, the Company shall then as expeditiously as reasonably possible prepare and file a registration statement with the Securities and Exchange Commission for such Shares and use its best efforts to cause such registration statement to become and remain effective; provided,, however, that the Company be permitted to include an offering of any other securities of the Company in such registration statement and further provided that in connection with any proposed registration intended to permit an offering of any ofthe of the Shares from time to time (i.e., a so-called ""shelf registration''") the Company shall in no event be obligated to cause any such registration to remain effective for more than one hundred twenty (120) days. The expenses expense of this registration statement, including but not limited to all legal and accounting fees, travel and all other expenses, shall be borne by the Company. (ii) In connection with this demand registration right, the Purchaser shall have the right to compel the Company to adjust the number of its Shares outstanding in order to cause the availability of that number of Shares for sale to the public which shall be deemed by the Purchaser to be in the Purchaser's best interests in effecting the registration of the Shares and ultimate disposition of the same.