Common use of Distribution of Prospectus Clause in Contracts

Distribution of Prospectus. (a) Each Holder covenants and agrees that it will comply with the prospectus delivery requirements of the Securities Act as applicable to it or an exemption therefrom in connection with sale of Registrable Securities pursuant to the Registration Statement. (b) Each Holder agrees that upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1(g)(iii) or Section 3.1(f), such Holder will forthwith discontinue disposition of such Registrable Securities covered by such Registration Statement or prospectus until such Holder’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 3.1(f), or until it is advised in writing by the Company that the use of the applicable prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such prospectus; provided, however, that (i) in no event shall such discontinuance exceed sixty (60) days, and (ii) the Company shall extend the time periods under Section 3.1(a) with respect to the length of time that the effectiveness of a Registration Statement must be maintained by the amount of time the Holder is required to discontinue disposition of such securities.

Distribution of Prospectus. (a) Each Holder covenants and agrees that it will comply with the prospectus delivery requirements of the Securities Act as applicable to it or an exemption therefrom in connection with sale of Registrable Securities pursuant to the Registration Statement. (b) Each Holder agrees that upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3.1(g)(iii) or Section 3.1(f), such Holder will forthwith discontinue disposition of such Registrable Securities covered by such Registration Statement or prospectus until such Holder’s 's receipt of the copies of the supplemented or amended prospectus contemplated by Section 3.1(f), or until it is advised in writing by the Company that the use of the applicable prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such prospectus; provided, however, that (i) in no event shall such discontinuance exceed sixty (60) days, and (ii) the Company shall extend the time periods under Section 3.1(a) with respect to the length of time that the effectiveness of a Registration Statement must be maintained by the amount of time the Holder is required to discontinue disposition of such securities.