Common use of Suspension Rights Clause in Contracts

Suspension Rights. The Company shall have the right, which right may be exercised by the Company only twice during any twelve (12) month period, to extend, suspend or delay the effectiveness of the Registration Statement for a period of up to ninety (90) days if, upon advice of counsel to the Company, effectiveness of such Registration Statement would interfere with any then currently active acquisition, financing or similar transaction of the Company by requiring the premature disclosure of any material corporate development or otherwise.

Appears in 2 contracts

Samples: Common Stock Registration Rights Agreement (Sinofresh Healthcare Inc), Common Stock Registration Rights Agreement (Sinofresh Healthcare Inc)

AutoNDA by SimpleDocs

Suspension Rights. The Company shall have the right, which right may be exercised by the Company only twice during any twelve (12) -month period, to extend, suspend or delay the effectiveness of the any Registration Statement for a period of up to ninety (90) 90 days if, upon advice of counsel to the Company, effectiveness of such Registration Statement would interfere with any then currently active acquisition, financing or similar transaction of the Company by requiring the premature disclosure of any material non-public corporate development or otherwisedevelopment.

Appears in 1 contract

Samples: Registration Rights Agreement (Digital Fusion Inc/Nj/)

Suspension Rights. The Company shall have the right, which right may be exercised by the Company only twice during any twelve (12) -month period, to extend, suspend or delay the effectiveness of the any Registration Statement for a period of up to ninety (90) 90 days if, upon advice of counsel to the Company, effectiveness of such Registration Statement would interfere with any then currently active acquisition, financing or similar transaction of the Company by requiring the premature disclosure of any material non-public corporate development or otherwise.

Appears in 1 contract

Samples: Registration Rights Agreement (Digital Fusion Inc/Nj/)

AutoNDA by SimpleDocs

Suspension Rights. The Company shall have the right, which right may be exercised by the Company only twice during any twelve (12) month period, to extend, suspend or delay the effectiveness of the any Registration Statement for a period periods of up to ninety (90) an aggregate of 60 days if, upon advice of counsel to the Company, effectiveness of such Registration Statement would interfere with any then currently active acquisition, financing or similar transaction of the Company by requiring the premature disclosure of any material corporate development or otherwiseotherwise or would interfere with the registration rights of any third party under previous agreements entered into by the Company prior to the date of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Wj Communications Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!