Common use of Effectiveness of the Registration Statements Clause in Contracts

Effectiveness of the Registration Statements. The Company shall use its best efforts either: (i) to have the Initial Registration Statement declared effective by the SEC in no event later than ninety-seven (97) calendar days after the Subscription Date and to have the Subsequent Registration Statement declared effective by the SEC in no event later than 150 calendar days after the Subscription Date, or (ii) to have the Combined Registration Statement declared effective by the SEC in on event later than ninety-seven (97) calendar days after the Subscription Date. The Company shall ensure that all Registration Statements remain in effect for a period ending 180 days following the earlier of termination of the Commitment Period and termination of the Investor's obligations pursuant to Section 2.4 of the Stock Purchase Agreement; provided that such period shall be extended one day for each day after the applicable Effective Date, that any Registration Statement covering shares purchased by the Investor is not effective during the period such Registration Statement is required to be effective pursuant to this Agreement; and provided further that the Company shall not be required to ensure that any Registration Statement covering shares purchased by the Investor remain in effect for such 180 day period if the shares registered thereunder shall have become freely tradable pursuant to Rule 144(k) of the Securities Act or have otherwise been sold.

Effectiveness of the Registration Statements. The Company shall use its best efforts either: (i) to have the Initial Registration Statement declared effective by the SEC in no event later than ninety-seven (97) calendar days after the Subscription Date Date, and to have the February Put Registration Statement declared effective by the SEC no later than June 7, 2000, and to have the Subsequent Registration Statement declared effective by the SEC in no event later than 150 calendar days after the Subscription DateJune 7, 2000 or (ii) to have the Combined Registration Statement declared effective by the SEC in on no event later than ninety-seven (97) calendar days after the Subscription DateJune 7, 2000. The Company shall ensure that all Registration Statements remain in effect for a period ending 180 days following the earlier of termination of the Commitment Period and termination of the Investor's obligations pursuant to Section 2.4 of the Stock Purchase Agreement; provided that such period shall be extended one day for each day after the applicable Effective Date, Date that any Registration Statement covering shares purchased by the Investor Registrable Securities is not effective during the period such Registration Statement is required to be effective pursuant to this Agreement; and provided further that the Company shall not be required to ensure that any Registration Statement covering shares purchased by the Investor Registrable Securities remain in effect for such 180 day period if the shares registered thereunder shall have become freely tradable pursuant to Rule 144(k) of the Securities Act or have otherwise been sold.

Effectiveness of the Registration Statements. The Company shall use its best efforts either: (i) to have the Initial Registration Statement declared effective by the SEC in no event later than ninety-seven one hundred twenty (97120) calendar days after the Subscription Date and to have the Subsequent Registration Statement declared effective by the SEC in no event later than 150 calendar days after the Subscription Dateprior to any subsequent Put, or (ii) to have the Combined Registration Statement declared effective by the SEC in on event later than ninety-seven one hundred twenty (97120) calendar days after the Subscription Date. The Company shall ensure that all Registration Statements remain in effect for a period ending 180 days following the earlier of termination of the Commitment Period and termination of the Investor's obligations pursuant to Section 2.4 of the Stock Purchase Agreement; provided that such period shall be extended one day for each day after the applicable Effective Date, Date that any Registration Statement covering shares purchased by the Investor Registrable Securities is not effective during the period such Registration Statement is required to be effective pursuant to this Agreement; and provided further that the Company shall not be required to ensure that any Registration Statement covering shares purchased by the Investor Registrable Securities remain in effect for such 180 day period if the shares registered thereunder shall have become freely tradable pursuant to Rule 144(k) of the Securities Act or have otherwise been sold.

Effectiveness of the Registration Statements. The Company shall shall, subject to the provisions of Section 2.1(c) hereof, use its best efforts either: (i) to have the Initial Registration Statement declared effective by the SEC in no event later than ninety-seven ninety (9790) calendar days after the Subscription Date and to have the Subsequent Registration Statement declared effective by the SEC in no event later than 150 calendar days after the Subscription Date, or (ii) prior to have the Combined Registration Statement declared effective by the SEC in on event later than ninety-seven (97) calendar days after the Subscription Dateany subsequent Put. The Company shall ensure that all Registration Statements remain in effect for a period ending 180 days following the earlier of termination of the Commitment Period and termination of the Investor's obligations pursuant to Section 2.4 2.5 of the Stock Securities Purchase Agreement; provided that such period shall be extended one day for each day after the applicable Effective Date, Date that any Registration Statement covering shares purchased by the Investor Registrable Securities is not effective during the period such Registration Statement is required to be effective pursuant to this Agreement; and provided further that the Company shall not be required to ensure that any Registration Statement covering shares purchased by the Investor Registrable Securities remain in effect for such 180 day period if the shares registered thereunder shall have become freely tradable pursuant to Rule 144(k) of 144 under the Securities Act ("Rule 144"), as such Rule may be amended from time to time, or have otherwise been sold.

Effectiveness of the Registration Statements. The Company shall use its best efforts either: (i) to have the Initial Registration Statement declared effective by the SEC in no event later than ninety-seven one hundred twenty (97120) calendar days after the Subscription Date and to have the Subsequent Registration Statement declared effective by the SEC in no event later than 150 calendar days after the Subscription Date, or (ii) to have the Combined Registration Statement declared effective by the SEC in on no event later than ninety-seven ninety (9790) calendar days after the Subscription Date. The Company shall ensure that all Registration Statements remain in effect for a period ending 180 days following the earlier of termination of the Commitment Period and termination of the Investor's obligations pursuant to Section 2.4 of the Stock Purchase Agreement; provided that such period shall be extended one day for each day after the applicable Effective Date, that any Registration Statement covering shares purchased by the Investor is not effective during the period such Registration Statement is required to be effective pursuant to this Agreement; and provided further that the Company shall not be required to ensure that any Registration Statement covering shares purchased by the Investor remain in effect for such 180 day period if the shares registered thereunder shall have become freely tradable pursuant to Rule 144(k) of the Securities Act or have otherwise been sold.

Effectiveness of the Registration Statements. The Company shall use its best efforts either: (i) to have the Initial Registration Statement declared effective by the SEC in no event later than ninety-seven ninety (9790) calendar days after the Subscription Date and to have the Subsequent Registration Statement declared effective by the SEC in no event later than 150 calendar days after the Subscription Date, or (ii) to have the Combined Registration Statement declared effective by the SEC in on event later than ninety-seven ninety (9790) calendar days after the Subscription Date. The Company shall ensure that all Registration Statements remain in effect for a period ending 180 days following the earlier of termination of the Commitment Period and termination of the Investor's obligations pursuant to Section 2.4 of the Stock Purchase Agreement; provided that such period shall be extended one day for each day after the applicable Effective Date, that any Registration Statement covering shares purchased by the Investor is not effective during the period such Registration Statement is required to be effective pursuant to this Agreement; and provided further that the Company shall not be required to ensure that any Registration Statement covering shares purchased by the Investor remain in effect for such 180 day period if the shares registered thereunder shall have become freely tradable pursuant to Rule 144(k) of the Securities Act or have otherwise been sold.

Effectiveness of the Registration Statements. The Company shall use its best efforts either: (i) to have the Initial Registration Statement declared effective by the SEC in no event later than ninety-seven ninety (9790) calendar days after the Subscription Date and to have the Subsequent Registration Statement declared effective by the SEC in no event later than 150 120 calendar days after the Subscription Date, or (ii) to have the Combined Registration Statement declared effective by the SEC in on no event later than ninety-seven ninety (97120) calendar days after the Subscription Date. The Company shall ensure that all Registration Statements remain in effect for a period ending 180 days following the earlier of termination of the Commitment Period and termination of the Investor's obligations pursuant to Section 2.4 of the Stock Purchase Agreement; provided that such period shall be extended one day for each day after the applicable Effective Date, that any Registration Statement covering shares purchased by the Investor is not effective during the period such Registration Statement is required to be effective pursuant to this Agreement; and provided further that the Company shall not be required to ensure that any Registration Statement covering shares purchased by the Investor remain in effect for such 180 day period if the shares registered thereunder shall have become freely tradable pursuant to Rule 144(k) of the Securities Act or have otherwise been sold.