Common use of Registration Rights, etc Clause in Contracts

Registration Rights, etc. (a) If the Senior Note Trustee determines that the registration of any of the securities included in the Pledged Collateral under, or other compliance with, the Securities Act or any similar federal or state law is desirable, upon or at any time after an Event of Default and acceleration of either issue of the Notes, subject to any applicable Approvals, the Pledgor will use its best efforts to cause such registration or compliance to be effectively made, at no expense to the Senior Note Trustee or to the Holders, and to continue any such registration effective for such time as may be reasonably necessary in the opinion of the Senior Note Trustee. The Pledgor will reimburse the Senior Note Trustee upon demand for any expenses incurred by the Senior Note Trustee(including reasonable attorneys' fees) incurred in connection therewith, which obligation to pay such expenses shall be secured hereunder.