Common use of Effective Registration and Expenses Clause in Contracts

Effective Registration and Expenses. A registration will not count as a Demand Registration until it has become effective (unless Purchaser withdraws the Shares, in which case such demand will count as a Demand Registration unless Purchaser agrees to pay all Registration Expenses). The Company shall be solely responsible for any and all costs and expenses of all registrations and qualifications under the Securities Act, and of all other actions the Company is required to take in order to effect the registration of Shares under the Securities Act whether pursuant to this Agreement or otherwise.

Effective Registration and Expenses. A registration will not count as a Demand Registration until it has become effective (unless Purchaser the Executive withdraws the Common Shares, in which case such demand will count as a Demand Registration unless Purchaser the Executive agrees to pay all Registration Expensesthe expenses of such registration). The Company Corporation shall be solely responsible for any and all costs and expenses of all registrations and qualifications under the Securities Act, and of all other actions the Company Corporation is required to take in order to effect the registration of Common Shares under the Securities Act whether pursuant to this Agreement or otherwise.