Common use of Lock-Up Agreement; Suspension of Sales Clause in Contracts

Lock-Up Agreement; Suspension of Sales. (a) Subject to Section 6(b), the Company may postpone the filing or effectiveness of any Registration Statement required under Sections 2 or 4 for a reasonable period of time, not to exceed sixty (60) calendar days, if (i) the Company has been advised by legal counsel that such filing would require the disclosure of a material non-public fact, and (ii) the Company determines reasonably and in good faith that such disclosure would be materially harmful to the Company or would have a material adverse effect on a bona fide business or financing transaction of the Company.

Appears in 9 contracts

Samples: Registration Rights Agreement (Origin Bancorp, Inc.), Securities Purchase Agreement (Origin Bancorp, Inc.), Registration Rights Agreement (Origin Bancorp, Inc.)

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