Registration Shares definition
Examples of Registration Shares in a sentence
Notwithstanding anything contained in this Section 6.5, no registration of any Registration Shares will be required in the event that Purchaser and its counsel determine that registration is not required for the Stock Recipients to dispose of their Registration Shares pursuant to an exemption from registration under the Securities Act.
In the event of a cutback by the SEC, the Purchaser will notify Stock Recipients of such cutback, and will amend the Registration Statement to include the maximum number of Registration Shares that the SEC will allow.
To the extent that the Purchaser and its legal counsel reasonably determine that the Registration Statement cannot register all of the Registration Shares, the Purchaser will use commercially reasonable efforts to register such remaining Registration Shares within one (1) year thereafter.