Common use of No Company Initiated Registration Clause in Contracts

No Company Initiated Registration. After receipt of notice of a --------------------------------- requested registration pursuant to Section 1.1 hereof, the Company shall not initiate, without the consent of Endo LLC, a registration of any of its securities for its own account until 90 days after such registration has been terminated or declared effective (unless advised by the managing underwriter that a longer period, not to exceed 180 days, is required, or such shorter period as the managing underwriter for any underwritten offering may agree), except as provided in Section 5(b) hereof.

No Company Initiated Registration. After receipt of notice of a --------------------------------- requested registration pursuant to Section 1.1 hereof2.1, the Company shall not initiate, without the consent of Endo LLCthe Requisite Holders, a registration of any of its securities for its own account until 90 days after such registration has been terminated or declared effective (unless advised by the managing underwriter that a longer period, not to exceed 180 days, is required, or such shorter period as the managing underwriter for any underwritten offering may agree), except as provided in Section 5(b) hereof.