Suspension of Obligation to File. Notwithstanding the provisions of Section 3.1(a), the Company's obligations to file a registration statement, or cause such registration statement to become and remain effective, shall be suspended for a period not to exceed 90 days if there exists at the time material non-public information relating to the Company that, in the reasonable opinion of the Company, should not be disclosed.
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Samples: Securities Purchase Agreement (Lifecell Corp), Registration Rights Agreement (Lifecell Corp), Stock Purchase Agreement (Park N View Inc)
Suspension of Obligation to File. Notwithstanding the provisions of Section 3.1(a), the Company's obligations to file a registration statementRegistration Statement, or cause such registration statement Registration Statement to become and remain effective, shall be suspended for a period not to exceed 90 days if there exists at the time material non-public information relating to the Company that, in the reasonable opinion of the Company, should not be disclosed.
Appears in 2 contracts
Samples: Registration Rights Agreement (Frontline Communications Corp), Stock Purchase Agreement (Greystone Digital Technology Inc)
Suspension of Obligation to File. Notwithstanding the -------------------------------- provisions of Section 3.1(a), the Company's obligations to file a registration statement, or cause such registration statement to become and remain effective, shall be suspended for a period the minimally necessary period, not to exceed 90 days one hundred twenty (120) days, if there exists at the time material non-public information relating to the Company that, in the reasonable opinion of the Company's counsel, should not be disclosed. The Company's rights under this Section 6.4 may not be invoked more than once during any single 365-day period.
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