Examples of Initial Effectiveness Period in a sentence
The Company shall use its best efforts to have such Initial Registration declared effective on or before the Target Effective Date and to keep the Initial Registration continuously effective under the Securities Act until the earlier to occur of the date that is 24 months from the effectiveness date of the Initial Registration (the "Initial Effectiveness Period") or the Registration Termination Date.
The Company will use its reasonable best efforts to keep the Registration Statement continuously effective under the Securities Act until the Holders are able to sell all of the Registrable Securities covered thereby without volume restrictions pursuant to Rule 144 (the “Subsequent Effectiveness Period” and collectively with the Initial Effectiveness Period, the "Effectiveness Periods").
In the event that the Company cannot legally maintain the effectiveness of such registration statement at any time during the Initial Effectiveness Period or any Subsequent Effectiveness Period, the Company shall take such other reasonable steps as may be appropriate to permit the Trustee to distribute the Shares in compliance with the 1933 Act.
A withdrawal of a request to commence a Permitted Window will not be applied against the maximum of four Permitted Windows during the Initial Effectiveness Period or two Permitted Windows during any Additional Effectiveness Period provided to Intuit under this Agreement if such withdrawal was made pursuant to the immediately preceding sentence or if the withdrawal is at the request of Excite.
If, after the end of the Initial Effectiveness Period, Intuit continues to hold Intuit Registrable Securities, Excite shall promptly prepare and file with the SEC and use its best efforts to have declared effective as soon as practicable thereafter, a registration statement providing for the resale by Intuit of all Intuit Registrable Securities then owned by Intuit in the same manner as the Self Registration Statement (a "SUBSEQUENT SHELF REGISTRATION STATEMENT").
The Company shall (i) bear the expenses of such compliance with the 1933 Act and (ii) use its best efforts to maintain the effectiveness of such registration statement for at least thirty-six (36) months after the effective date of registration statement (the “Initial Effectiveness Period”) and any subsequent thirty-six (36) month period following the Initial Effectiveness Period (the “Subsequent Effectiveness Period”) so long as the Shares are still held in the Trust.
If prior to the last day of the Initial Effectiveness Period or any Subsequent Effectiveness Period, the Shares are still held by the Trust, the Company will file a new registration statement on Form S-3 (or such other applicable registration form as may be required) under the 1933 Act prior to the end of such period.