Common use of Postponement of Demand Registration Clause in Contracts

Postponement of Demand Registration. The Company will be entitled to postpone the filing or effectiveness or suspend the effectiveness of any Registration Statement for a reasonable period of time, not in excess of 90 days, that the Board determines, in the good faith exercise of its reasonable business judgment, that such Demand Registration and offering could materially interfere with bona fide business financing plans of the Company or would require disclosure of information, the premature disclosure of which would materially and adversely affect the Company. If the Company postpones the filing of a Registration Statement, it will promptly notify the holders of Registrable Securities in writing of the postponement, the reasons therefor and the proposed length of the postponement and promptly notify such holders in writing when the events or circumstances permitting such postponement have ended. The rights provided hereunder may be exercised on only one occasion during any 12 month period, notwithstanding any other provision hereof.

Postponement of Demand Registration. The Company will be entitled to postpone the filing or effectiveness period (or suspend the effectiveness effectiveness) of any Demand Registration Statement for a reasonable period of time, time not in excess of 90 days60 calendar days during any twelve-month period, that if the Board Company determines, in the good faith exercise of its reasonable business judgment, that such Demand Registration registration and offering could materially interfere with bona fide business financing plans of the Company or would require disclosure of information, the premature disclosure of which would could materially and adversely affect the Company. If the Company postpones the filing of a Registration Statement, it will promptly notify the holders of Registrable Securities in writing of the postponement, the reasons therefor and the proposed length of the postponement and promptly notify such holders in writing when the events or circumstances permitting such postponement have ended. The rights provided hereunder may be exercised on only one occasion during any 12 month period, notwithstanding any other provision hereof.

Postponement of Demand Registration. The Company will be entitled to postpone the filing or effectiveness period (or suspend the effectiveness effectiveness) of any Demand Registration Statement for a such reasonable period of time, not in excess of 90 calendar days, that if the Board of Directors determines, in the good faith exercise of its reasonable business judgment, that such Demand Registration registration and offering could materially interfere with bona fide BONA FIDE business financing plans of the Company or would require disclosure of information, the premature disclosure of which would materially and adversely affect the CompanyCompany in any material respect. If the Company postpones the filing of a Registration Statement, it will promptly notify the holders of Registrable Securities Audax in writing of the postponement, the reasons therefor and the proposed length of the postponement and promptly notify such holders in writing when the events or circumstances permitting such postponement have ended. The rights provided hereunder may be exercised on only one occasion during any 12 12-month period, notwithstanding any other provision hereofhereto.