Resale Registration Statement definition
Examples of Resale Registration Statement in a sentence
Thereafter, Clear shall use commercially reasonable efforts to have the Resale Registration Statement declared effective by the SEC as soon as practicable thereafter, provided that the Sellers shall promptly provide to Clear such information as may be reasonably required by Clear in connection therewith (including by completing a customary selling stockholder questionnaire to be provided by Clear).
Subject to the Sellers’ compliance with their obligations under Section 2.06(d)(iii) with respect to the Resale Registration Statement, the Resale Registration Statement shall have been declared effective by the Securities and Exchange Commission, such that the Clear Shares to be issued to Sellers pursuant to this Agreement are registered for resale immediately following the Closing.