Common use of Preparation of Registration Statements Clause in Contracts

Preparation of Registration Statements. Whenever the Company -------------------------------------- is registering any Common Stock under the Securities Act and a holder of Registrable Securities is selling any securities under such registration or determines that it may be a controlling person under such Act, the Company will allow such holder to participate in the preparation of the registration statement, will include in the registration statement such information as such holder may reasonably request and will take all such other action as such holder may reasonably request.

Preparation of Registration Statements. Whenever the Company -------------------------------------- is registering any Common Stock under the Securities Act and a holder of Registrable Securities is selling any securities under such registration or determines that it may be a controlling person under such Securities Act, the Company will allow such holder and its counsel to participate in the preparation of the registration statement, will include in the registration statement such information as such holder may reasonably request and will take all such other action as such holder may reasonably request.

Preparation of Registration Statements. Whenever the Company -------------------------------------- is registering any Common Stock under the Securities Act and a holder of Registrable Securities is selling any securities under such registration or determines that it may be a controlling person under such Securities Act, the Company will allow such holder and its counsel to participate in the preparation of the registration statement, will include in the registration statement such information as such holder may reasonably request and will take all such other action as such holder may reasonably request.. DREXEL UNIVERSITY