Common use of Effectiveness of the Initial Registration Statement Clause in Contracts

Effectiveness of the Initial Registration Statement. The Company shall use its best efforts (i) to have the Initial Registration Statement declared effective by the SEC no later than ninety (90) after the filing thereof (the "Scheduled Effective Deadline") and (ii) to insure that the Initial Registration Statement and any subsequent Registration Statement remains in effect until all of the Registrable Securities have been sold, subject to the terms and conditions of this Agreement, but not later than the point in time that Section 144(k) becomes available for resale of the Registerable Securities. It shall be an event of default hereunder if the Initial Registration Statement is not declared effective by the SEC within One Hundred and Fifty 150 days after filing thereof.

Effectiveness of the Initial Registration Statement. The Company shall use its best efforts (i) to have the Initial Registration Statement declared effective by the SEC no later than ninety one hundred twenty (90120) days after the filing thereof date filed (the "Scheduled Effective Deadline") and (ii) to insure that the Initial Registration Statement and any subsequent Registration Statement remains in effect until all "Evergreen" for the life of the Registrable Convertible or until Rule 144(k) of the Securities have been soldAct of 1933, as amended, is available to the Investors, whichever is later, subject to the terms and conditions of this Agreement, but not later than the point in time that Section 144(k) becomes available for resale of the Registerable Securities. It shall be an event of default hereunder if the Initial Registration Statement is not declared effective by the SEC within One Hundred and Fifty 150 one hundred twenty (120) days after filing thereof.

Effectiveness of the Initial Registration Statement. The Company shall use its best efforts (i) to have the Initial Registration Statement and the Second Registration Statement declared effective by the SEC no later than ninety one hundred twenty (90120) days after the filing thereof date hereof and one hundred fifty (150) days hereof respectively (the "Scheduled Effective DeadlineDeadlines") and (ii) to insure that the Initial Registration Statement, the Second Registration Statement and any subsequent Registration Statement remains Statements remain in effect until all of the Registrable Securities have been sold, subject to the terms and conditions of this Agreement, but not later than the point in time that Section 144(k) becomes available for resale of the Registerable Securities. It shall be an event of default hereunder if the Initial Registration Statement is not declared effective by the SEC within One Hundred and Fifty 150 one hundred fifty (150) days after filing thereofthe date hereof.

Effectiveness of the Initial Registration Statement. The Company shall use its best efforts (i) to have the Initial Registration Statement declared effective by the SEC no later than ninety one hundred twenty (90120) days (one hundred fifty (150) days if the Initial Registration Statement is reviewed by the SEC) after the filing thereof date hereof (the "“Scheduled Effective Deadline"”) and (ii) to insure that the Initial Registration Statement and any subsequent Registration Statement remains in effect until all of the Registrable Securities have been sold, subject to the terms and conditions of this Agreement, but not later than the point in time that Section 144(k) becomes available for resale of the Registerable Securities. It shall be an event of default hereunder under the Amended and Restated Convertible Debentures if the Initial Registration Statement is not declared effective by the SEC within One Hundred and Fifty 150 one hundred fifty (150) days after filing thereof.following the date hereof

Effectiveness of the Initial Registration Statement. The Company shall use its best efforts (i) to have the Initial Registration Statement declared effective by the SEC no later than ninety one hundred twenty (90120) days after the filing thereof date hereof (the "“Scheduled Effective Deadline"”) and (ii) to insure that the Initial Registration Statement and any subsequent Registration Statement remains in effect until all of the Registrable Securities have been soldsold or are entitled to be sold pursuant to the exemption from registration afforded by Rule 144(k) under the Securities Act, subject to the terms and conditions of this Agreement, but not later than the point in time that Section 144(k) becomes available for resale of the Registerable Securities. It shall be an event of default hereunder if the Initial Registration Statement is not declared effective by the SEC within One Hundred and Fifty 150 days by the end of the one hundred fiftieth (150th) day after filing thereofthe date hereof.

Effectiveness of the Initial Registration Statement. The Company shall use its best efforts (i) to have the Initial Registration Statement declared effective by the SEC no later than ninety one hundred thirty (90130) days after the filing thereof First Closing Date (as such term is defined in the Securities Purchase Agreement dated September 15, 2005) (the "Scheduled Effective Deadline") and (ii) to insure that the Initial Registration Statement and any subsequent Registration Statement remains in effect until all of the Registrable Securities have been sold, subject to the terms and conditions of this Agreement, but not later than the point in time that Section 144(k) becomes available for resale of the Registerable Securities. It shall be an event of default hereunder if the Initial Registration Statement is not filed by the Scheduled Filing Deadline or declared effective by the SEC within One Hundred and Fifty 150 days after filing thereofby the Scheduled Effective Deadline.

Effectiveness of the Initial Registration Statement. The Company shall use its best efforts (i) to have the Initial Registration Statement and the Second Registration Statement declared effective by the SEC no later than ninety one hundred twenty (90120) days after the filing thereof date hereof and one hundred fifty (150) days hereof respectively (the "“Scheduled Effective Deadline"Deadlines”) and (ii) to insure that the Initial Registration Statement, the Second Registration Statement and any subsequent Registration Statement remains Statements remain in effect until all of the Registrable Securities have been sold, subject to the terms and conditions of this Agreement, but not later than the point in time that Section 144(k) becomes available for resale of the Registerable Securities. It shall be an event of default hereunder if the Initial Registration Statement is not declared effective by the SEC within One Hundred and Fifty 150 one hundred fifty (150) days after filing thereofthe date hereof.