Common use of Registration of the Shares Clause in Contracts

Registration of the Shares. (a) The Company shall use its reasonable best efforts to prepare and file with the SEC, within 90 days of the date the Offering is completed, a Registration Statement under the Act to permit the public sale of the Restricted Stock, and to cause such Registration Statement to be declared effective within 150 days of the date the Offering is completed. The Selling Stockholders shall furnish such information as may be reasonably requested by the Company in order to include such Restricted Stock in such Registration Statement. If any Selling Stockholder decides not to include all of its Restricted Stock in any registration statement thereafter filed by the Company, such Selling Stockholder shall nevertheless continue to have the right to include any Restricted Stock in any subsequent registration statement or registration statements as may be filed by the Company with respect to offerings of its securities, all upon the terms and conditions set forth herein. In the event that any registration pursuant to this Section 6.2(a) is terminated or withdrawn, the Company shall use its reasonable best efforts to prepare and file with the SEC, as soon thereafter as practicable, a Registration Statement under the Securities Act to permit the public sale of the Restricted Stock purchased hereby. (b) Notwithstanding anything to the contrary contained herein, the Company's obligation in Section 6.2(a) above shall extend only to the inclusion of the Restricted Stock in a

Appears in 3 contracts

Samples: Securities Purchase Agreement (BPK Resources Inc), Securities Purchase Agreement (BPK Resources Inc), Securities Purchase Agreement (BPK Resources Inc)

AutoNDA by SimpleDocs

Registration of the Shares. (a) The Company shall use its reasonable best efforts to prepare and file with the SEC, within 90 60 days of the date the Offering is completedshares are issued, a Registration Statement under the Act to permit the public sale of the Restricted Stock, and to cause such Registration Statement to be declared effective within 150 days of the date the Offering shares are issued, except that if the company has a registration statement pending with the SEC during this period, the Company may suspend filing of the registration statement until such time the pending registration statement is completedapproved, and such delay shall not be subject to the penalties et forth in Section 1.4 below. The Selling Stockholders shall furnish such information as may be reasonably requested by the Company in order to include such Restricted Stock in such Registration Statement. If any Selling Stockholder decides not to include all of its Restricted Stock in any registration statement thereafter filed by the Company, such Selling Stockholder shall nevertheless continue to have the right to include any Restricted Stock in any subsequent registration statement or registration statements as may be filed by the Company with respect to offerings of its securities, all upon the terms and conditions set forth herein. In the event that any registration pursuant to this Section 6.2(a) 1.2 is terminated or withdrawn, the Company shall use its reasonable best efforts to prepare and file with the SEC, as soon thereafter as practicable, a Registration Statement under the Securities Act to permit the public sale of the Restricted Stock purchased hereby. (b) Notwithstanding anything to the contrary contained herein, the Company's obligation in Section 6.2(a) above shall extend only to the inclusion of the Restricted Stock in a

Appears in 2 contracts

Samples: Assignment and Transfer Agreement, Assignment and Transfer Agreement (Touchstone Resources Usa, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!