Common use of Termination of Effectiveness Clause in Contracts

Termination of Effectiveness. At the end of the period during which PRGX is obligated to keep a registration statement current and effective as described herein, each Holder of Registrable Securities included in the registration statement shall discontinue sales thereof pursuant to such registration statement, unless such Holder has received written notice from PRGX delivered in accordance with Section 9.1 hereof of its intention to continue the effectiveness of such registration statement with respect to any of such securities which remain unsold.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Blum Capital Partners Lp), Stock Purchase Agreement (Blum Capital Partners Lp), Registration Rights Agreement (PRG Schultz International Inc)

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Termination of Effectiveness. At the end of the period during which PRGX is obligated to keep a registration statement current and effective as described herein, each Holder of Registrable Securities included in the registration statement shall discontinue sales thereof pursuant to such registration statement, unless such Holder has received written notice from PRGX delivered in accordance with Section 9.1 7.1 hereof of its intention to continue the effectiveness of such registration statement with respect to any of such securities which remain unsold.

Appears in 2 contracts

Samples: Registration Rights Agreement (PRG Schultz International Inc), Registration Rights Agreement (Profit Recovery Group International Inc)

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