Registration of Conversion Shares. Following the Closing Date, ASSAC shall use its commercially reasonable efforts to cause the Registration Statement (as that term is defined in the Registration Rights Agreement) to be declared effective by the Securities and Exchange Commission and shall otherwise comply with all of its covenants and agreements contained in the Registration Rights Agreement.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Asia Special Situation Acquisition Corp), Merger Agreement (Asia Special Situation Acquisition Corp)
Registration of Conversion Shares. (a) Following the Closing Date, ASSAC shall use its commercially reasonable best efforts to cause the Registration Statement (as that term is defined in the Registration Rights Agreement) to be declared effective by the Securities and Exchange Commission by July 31, 2010 and shall otherwise comply with all of its covenants and agreements contained in the Registration Rights Agreement.
(b) The failure of the Registration Statement to be declared effective by the Securities and Exchange Commission by July 31, 2010 shall give rise to a penalty as set forth in the Registration Rights Agreement.
Appears in 1 contract
Samples: Asset Purchase Agreement (Asia Special Situation Acquisition Corp)
Registration of Conversion Shares. (a) Following the Closing Date, ASSAC shall use its commercially reasonable best efforts to cause the Registration Statement (as that term is defined in the Registration Rights Agreement) to be declared effective by the Securities and Exchange Commission by July 10, 2010 and shall otherwise comply with all of its covenants and agreements contained in the Registration Rights Agreement.
(b) The failure of the Registration Statement to be declared effective by the Securities and Exchange Commission by July 31, 2010 shall give rise to a penalty as set forth in the Registration Rights Agreement.
Appears in 1 contract
Samples: Asset Purchase Agreement (Asia Special Situation Acquisition Corp)
