Required Effectiveness Period definition

Required Effectiveness Period for each Purchaser shall mean the period commencing on the date the Shelf Registration Statement becomes effective and ending on the earliest of (a) the date all Registrable Securities have been sold by such Purchaser, (b) the date all Registrable Securities becomes eligible for resale by such Purchaser without restriction and without volume limitations or the need for current public information pursuant to any section of Rule 144 under the Securities Act (or any similar rule then in effect), and (c) the second anniversary of the Closing Date.
Required Effectiveness Period. As defined in Section 2(a)(ii) hereof. Rule 144: Rule 144 promulgated by the SEC pursuant to the Securities Act, as such rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the SEC as a replacement thereto having substantially the same effect as such rule.
Required Effectiveness Period means a period of [TWO] years after the Resale Registration Statement first affords an Available Registration (such period to be extended for an additional number of Business Days equal to the number of Business Days during such period on which the right of any applicable Holder to sell Shares was suspended pursuant to Section 3(c) hereof); provided, however, that the Company may, in its sole discretion, terminate the Required Effectiveness Period prior to the end of the period set forth in the first clause of this paragraph if, at any time after the first anniversary of the date on which the Resale Registration Statement becomes effective, each Holder of the Shares with respect to which the Resale Registration Statement has been filed would be permitted, under Rule 144 promulgated under the Securities Act, to sell all of such Holder's Shares during any three month period.

Examples of Required Effectiveness Period in a sentence

  • Except as contemplated by the Registration Rights Agreement between the Company and the investors party thereto, dated on or around July 8, 2005, neither the Company nor any of its security holders (other than the Holders in such capacity pursuant hereto) may include securities of the Company in a Registration Statement other than the Registrable Securities, and the Company shall not during the Required Effectiveness Period enter into any agreement providing any such right to any of it security holders.

Related to Required Effectiveness Period

  • Shelf Effectiveness Period shall have the meaning set forth in Section 2(b) hereof.

  • Effectiveness Period shall have the meaning set forth in Section 2(a).

  • Required Effectiveness Date As defined in Section 2.1.

  • Shelf Effectiveness Deadline As defined in Section 4(a) hereof.

  • Effectiveness Target Date As defined in Section 5.

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Access Period has the meaning set forth in Section 8.1(a).

  • Shelf Filing Event shall have the meaning set forth in Section 2(c) hereof.

  • Initial Effectiveness Deadline means the date which is (i) in the event that the Initial Registration Statement is not subject to a full review by the SEC, sixty (60) calendar days after the Closing Date or (ii) in the event that the Initial Registration Statement is subject to a full review by the SEC, ninety (90) calendar days after the Closing Date.

  • Effectiveness Date means, with respect to the Initial Registration Statement required to be filed hereunder, the 60th calendar day following the date hereof (or, in the event of a “full review” by the Commission, the 90th calendar day following the date hereof) and with respect to any additional Registration Statements which may be required pursuant to Section 2(c) or Section 3(c), the 60th calendar day following the date on which an additional Registration Statement is required to be filed hereunder (or, in the event of a “full review” by the Commission, the 90th calendar day following the date such additional Registration Statement is required to be filed hereunder); provided, however, that in the event the Company is notified by the Commission that one or more of the above Registration Statements will not be reviewed or is no longer subject to further review and comments, the Effectiveness Date as to such Registration Statement shall be the fifth Trading Day following the date on which the Company is so notified if such date precedes the dates otherwise required above, provided, further, if such Effectiveness Date falls on a day that is not a Trading Day, then the Effectiveness Date shall be the next succeeding Trading Day.

  • Shelf Filing Deadline As defined in Section 4(a) hereof.

  • Shelf Suspension Period See Section 3(a) hereof.

  • Additional Effectiveness Deadline means the date which is the earlier of (x) (i) in the event that the Additional Registration Statement is not subject to a full review by the SEC, thirty (30) calendar days after the earlier of the Additional Filing Date and the Additional Filing Deadline or (ii) in the event that the Additional Registration Statement is subject to a full review by the SEC, fifty (50) calendar days after the earlier of the Additional Filing Date and the Additional Filing Deadline and (y) the fifth (5th) Business Day after the date the Company is notified (orally or in writing, whichever is earlier) by the SEC that such Additional Registration Statement will not be reviewed or will not be subject to further review; provided, however, that if the Additional Effectiveness Deadline falls on a Saturday, Sunday or other day that the SEC is closed for business, the Additional Effectiveness Deadline shall be extended to the next Business Day on which the SEC is open for business.

  • Effectiveness Deadline Date has the meaning set forth in Section 2(a) hereof.

  • Effectiveness Deadline As defined in Section 3(a) and 4(a) hereof.

  • Shelf Registration Period has the meaning set forth in Section 3(b) hereof.

  • Required Filing Date has the meaning assigned to such term in Section 2.1.1(b);

  • Automatic Shelf Registration Statement means an “automatic shelf registration statement” as defined in Rule 405 promulgated under the Securities Act.

  • Shelf Registration Event Date shall have the meaning set forth in Section 2(b) hereof.

  • Amendment Effectiveness Deadline Date has the meaning set forth in Section 2(d) hereof.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Subsequent Shelf Registration Statement has the meaning set forth in Section 2(b) hereof.

  • Shelf Suspension shall have the meaning set forth in Section 3.2.4.

  • Cover Period means the period from the cover start date to the cover end date.

  • Class Period means the period of time from May 12, 2020 to March 11, 2021, inclusive.

  • Subsequent Shelf Registration shall have the meaning given in subsection 2.3.2.