Common use of Right to Defer Registration Clause in Contracts

Right to Defer Registration. The Company may postpone for up to ninety (90) days the filing or the effectiveness of a registration statement for a Short Form Registration pursuant to Section 7.2 if its Board of Directors determines, reasonably and in good faith, that such registration might have a material and adverse effect on any proposal or plan by the Company to engage in any acquisition, merger, consolidation, tender offer or any other material transaction; provided, that the Company may not postpone the filing or effectiveness of a registration statement pursuant to this Section 7.3 more than twice during any period of 12 consecutive months. Any suspension under this Section 7.3, along with any suspension of a prospectus under Section 7.7 and any market standoff period under Section 7.17, shall not exceed an aggregate of 180 days in any twelve month period.

Right to Defer Registration. The Company may postpone for up to ninety (90) days the filing or the effectiveness of a registration statement for a Short Form Registration pursuant to Section 7.2 4.3 if its Board of Directors determines, reasonably and in good faith, that such registration might have a material and adverse effect on any proposal or plan by the Company to engage in any acquisition, merger, consolidation, tender offer or any other material transaction; provided, that the Company may not postpone the filing or effectiveness of a registration statement pursuant to this Section 7.3 4.4 more than twice during any period of 12 consecutive months. Any suspension under this Section 7.34.4, along with any suspension of a prospectus under Section 7.7 4.8 and any market standoff period under Section 7.174.18, shall not exceed an aggregate of 180 days in any twelve month period.