Common use of Suspension of Sales Pending Amendment of Prospectus Clause in Contracts

Suspension of Sales Pending Amendment of Prospectus. Purchaser shall, upon receipt of any notice from the Corporation of the happening of any event of the kind described in clauses (A)-(F) of subparagraph (d)(i)(3) above, suspend the disposition of any Registrable Securities covered by such Registration Statement or Prospectus until such Purchaser’s receipt of the copies of a supplemented or amended Prospectus or until it is advised in writing by the Corporation that the use of the applicable Prospectus may be resumed, and, if so directed by the Corporation such Purchaser will deliver to the Corporation all copies, other than permanent file copies, then in such Purchaser’s possession of any Prospectus covering such Registrable Securities. If the Corporation shall have given any such notice during a period when a Registration is in effect, the 60-day period described in paragraph (b)(i) shall be extended by the number of days of such suspension period.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Patriot Financial Partners Lp), Stock Purchase Agreement (Central Valley Community Bancorp), Stock Purchase Agreement (Central Valley Community Bancorp)

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Suspension of Sales Pending Amendment of Prospectus. Purchaser shallEach Holder agrees that, upon receipt of any notice from the Corporation Company of the happening of any event of the kind described in clauses subclauses (A)-(FC)-(F) of subparagraph (d)(i)(3subsection A(3) above, such Holder will suspend the disposition of any Registrable Securities covered by such Registration Statement or Prospectus until such Purchaser’s Holder's receipt of the copies of a supplemented or amended Prospectus or until it is advised in writing by the Corporation Company that the use of the applicable Prospectus may be resumed, and, if so directed by the Corporation Company, such Purchaser Holder will deliver to the Corporation Company all copies, other than permanent file copies, then in such Purchaser’s Holder's possession of any Prospectus covering such Registrable Securities. If the Corporation Company shall have given any such notice during a period when a Demand Registration is in effect, the 60180-day period described in paragraph (b)(iSection 2(A) shall be extended by the number of days of such suspension period.

Appears in 1 contract

Samples: Registration Rights Agreement (Kitty Hawk Inc)

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Suspension of Sales Pending Amendment of Prospectus. Purchaser shallEach Holder agrees that, upon receipt of any notice from the Corporation Company of the happening of any event of the kind described in clauses subclauses (A)-(FC)-(F) of subparagraph (d)(i)(3subsection A(4) above, such Holder will suspend the disposition of any Registrable Securities covered by such Registration Statement or Prospectus until such PurchaserHolder’s receipt of the copies of a supplemented or amended Prospectus or until it is advised in writing by the Corporation Company that the use of the applicable Prospectus may be resumed, and, if so directed by the Corporation Company, such Purchaser Holder will deliver to the Corporation Company all copies, other than permanent file copies, then in such PurchaserHolder’s possession of any Prospectus covering such Registrable Securities. If the Corporation Company shall have given any such notice, or a notice pursuant to Section 9(A), during a period when a Demand Registration is in effect, the 60180-day period described in paragraph (b)(iSection 2(A) shall be extended by the number of days of such suspension period.

Appears in 1 contract

Samples: Registration Rights Agreement (Sand Springs Railway CO)

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