Common use of Regulatory Requirements and Restrictions Clause in Contracts

Regulatory Requirements and Restrictions. In the event of any reasonable determination by the Holder hereof that, by reason of any existing or future federal or state law, statute, rule, regulation, guideline, order, court or administrative ruling, request or directive (whether or not having the force of law and whether or not failure to comply therewith would be unlawful) (collectively, a “Regulatory Requirement”), such Holder is effectively restricted or prohibited from holding this Warrant or the shares of Warrant Stock (including any shares of Capital Stock or other securities distributable to such Holder in any merger, reorganization, readjustment or other reclassification), or otherwise realize upon or receive the benefits intended under this Warrant, the Issuer shall, and shall use its reasonable best efforts to have its shareholders, take such action as such Holder and the Issuer shall jointly agree in good faith to be reasonably necessary to permit such Holder to comply with such Regulatory Requirement. The reasonable costs of taking such action, whether by the Issuer, the Holder hereof or otherwise, shall be borne by the Issuer.

Regulatory Requirements and Restrictions. In the event of any reasonable determination by the Holder hereof that, by reason of any existing or future federal or state law, statute, rule, regulation, guideline, order, court or administrative ruling, request or directive (whether or not having the force of law and whether or not failure to comply therewith would be unlawful) (collectively, a “Regulatory Requirement”"REGULATORY REQUIREMENT"), such the Holder is effectively restricted or prohibited from holding this Warrant or the shares of Warrant Stock Shares (including any shares of Capital Stock capital stock or other securities distributable to such the Holder in any merger, reorganization, readjustment or other reclassification), or otherwise realize realizing upon or receive receiving the benefits intended under this Warrant, the Issuer Company shall, and shall use its reasonable best efforts to have its shareholdersstockholders, take such action as such the Holder and the Issuer Company shall jointly agree in good faith to be reasonably necessary to permit such the Holder to comply with such Regulatory Requirement. The reasonable costs of taking such action, whether by the IssuerCompany, the Holder hereof or otherwise, shall be borne by the IssuerCompany.

Regulatory Requirements and Restrictions. In the event of any reasonable determination by the Registered Holder hereof that, by reason of any existing or future federal or state law, statute, rule, regulation, guideline, order, court or administrative ruling, request or directive (whether or not having the force of law and whether or not failure to comply therewith would be unlawful) (collectively, a “Regulatory Requirement”), such the Registered Holder is effectively restricted or prohibited from holding this Warrant or the shares of Warrant Stock Shares (including any shares of Capital Stock capital stock or other securities distributable to such the Registered Holder in any merger, reorganization, readjustment or other reclassification), or otherwise realize realizing upon or receive receiving the benefits intended under this Warrant, the Issuer shall, and Company shall use its reasonable best efforts efforts, to have its shareholdersthe extent commercially reasonable, to take such action as such the Registered Holder and the Issuer Company shall jointly agree in good faith to be reasonably necessary to permit such the Registered Holder to comply with such Regulatory Requirement. The reasonable costs of taking such action, whether by the IssuerCompany, the Registered Holder hereof or otherwise, shall be borne by the IssuerRegistered Holder.