Common use of Underlying Shares Registration Statement Clause in Contracts

Underlying Shares Registration Statement. The Underlying Shares Registration Statement (as hereinafter defined) shall have been declared effective under the Securities Act by the Securities and Exchange Commission (the "Commission") by the 90th day following the Closing Date and shall have remained effective at all times from the date the Commission first declared it effective (the "Effective Date") through the Second Additional Funding Date, not subject to any actual or threatened stop order or subject to any actual or threatened suspension at any time during such period;

Appears in 2 contracts

Samples: Secured Convertible Debenture Purchase Agreement (Digital Descriptor Systems Inc), Secured Convertible Debenture Purchase Agreement (Digital Descriptor Systems Inc)

AutoNDA by SimpleDocs

Underlying Shares Registration Statement. The Underlying Shares Registration Statement (as hereinafter defined) shall have been declared effective under the Securities Act by the Securities and Exchange Commission (for a period equal to no less than one month preceding the "Commission") by the 90th day following the First Additional Closing Date and shall have remained effective at all times from the date the Commission first declared it effective (the "Effective Date") through the Second Additional Funding Datetimes, not subject to any actual or threatened stop order or subject to any actual or threatened suspension at any time during such periodprior to the First Additional Closing Date, for more than five consecutive Trading Days or an aggregate of ten Trading Days (which need not be consecutive Trading Days);

Appears in 1 contract

Samples: Convertible Debenture Purchase Agreement (Neotherapeutics Inc)

Underlying Shares Registration Statement. The Underlying Shares Registration Statement (as hereinafter defined) shall have been declared effective under the Securities Act by the Securities and Exchange Commission (the "CommissionCOMMISSION") by the 90th day following the Closing Date and shall have remained effective at all times from the date the Commission first declared it effective (the "Effective DateEFFECTIVE DATE") through the Second Additional Funding Date, not subject to any actual or threatened stop order or subject to any actual or threatened suspension at any time during such periodsuspension;

Appears in 1 contract

Samples: Secured Convertible Debenture Purchase and Exchange Agreement (Silver Ramona Mining Co)

AutoNDA by SimpleDocs

Underlying Shares Registration Statement. The Underlying Shares Registration Statement (as hereinafter defined) shall have been declared effective under the Securities Act by the Securities and Exchange Commission (the "Commission") by the 90th day following the Closing Date and shall have remained effective at all times from the date the Securities and Exchange Commission (the "COMMISSION") first declared it effective (the "Effective DateEFFECTIVE DATE") through the Second Additional Funding Payment Date, not subject to any actual or threatened stop order or subject to any actual or threatened suspension at any time during such period;

Appears in 1 contract

Samples: Secured Convertible Debenture Purchase Agreement (Orbit Technologies Inc /De/)

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