Common use of State Securities Laws Compliance Clause in Contracts

State Securities Laws Compliance. The Company shall use commercially reasonable efforts to (i) register or qualify the Registrable Shares covered by the Registration Statement under such securities or "blue sky" laws of such jurisdictions in the United States as HYUNDAI (in light of its intended plan of distribution) may request and (ii) take such action necessary to cause such Registrable Shares covered by the Registration Statement to be registered with or approved by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that may be necessary or advisable to enable HYUNDAI to consummate the disposition of its Registrable Shares in such jurisdictions; provided, however, that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this paragraph or subject itself to taxation in any such jurisdiction.

Appears in 2 contracts

Samples: Registration Rights Agreement (Hyundai Syscomm Corp), Registration Rights Agreement (Electronic Control Security Inc)

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State Securities Laws Compliance. The Company shall use commercially reasonable its best efforts to (i) register or qualify the Registrable Shares Securities covered by the Registration Statement under such securities or "blue sky" laws of such jurisdictions in the United States as HYUNDAI the Stockholder (in light of its intended plan of distribution) may request and (ii) take such action necessary to cause such Registrable Shares Securities covered by the Registration Statement to be registered with or approved by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that may be necessary or advisable to enable HYUNDAI the Stockholder to consummate the disposition of its such Registrable Shares Securities in such jurisdictions; provided, however, that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this paragraph or subject itself to taxation in any such jurisdiction.

Appears in 2 contracts

Samples: Registration Rights Agreement (SAExploration Holdings, Inc.), Registration Rights Agreement (Trio Merger Corp.)

State Securities Laws Compliance. The Company shall use commercially its reasonable best efforts to (i) register or qualify the Registrable Shares covered by the Registration Statement under such securities or "blue sky" laws of such jurisdictions in the United States as HYUNDAI (in light of its intended plan of distribution) may request and (ii) take such action necessary to cause such Registrable Shares covered by the Registration Statement to be registered with or approved by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that may be necessary or advisable to enable HYUNDAI to consummate the disposition of its Registrable Shares in such jurisdictions; provided, however, that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this paragraph or subject itself to taxation in any such jurisdiction.

Appears in 1 contract

Samples: Registration Rights Agreement (Hyundai Syscomm Corp)

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State Securities Laws Compliance. The Company shall use commercially reasonable efforts to (i) register or qualify the Registrable Shares covered by the Registration Statement under such securities or "blue sky" laws of such jurisdictions in the United States as HYUNDAI the Purchaser (in light of its intended plan of distribution) may request and (ii) take such action necessary to cause such Registrable the Shares covered by the Registration Statement to be registered with or approved by such other governmental State authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that may be necessary or advisable to enable HYUNDAI the Purchaser to consummate the disposition of its Registrable the Shares in such jurisdictions; provided, however, that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this paragraph Section 5(A)(iv) or subject itself to taxation in any such jurisdiction.

Appears in 1 contract

Samples: Share Purchase Agreement (Solar Senior Capital Ltd.)

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