Second Resale Registration Statement definition
Examples of Second Resale Registration Statement in a sentence
At the option of Interland, the shares to be registered under the Second Resale Registration Statement may be registered under the First Resale Registration Statement in lieu of filing the Second Resale Registration Statement.
Notwithstanding the foregoing, if the Repurchase Notice is revoked in accordance with the provisions of the Subscription Agreement, then the Company shall no longer be required to use its reasonable best efforts to cause the Second Resale Registration Statement to be declared effective, unless another Repurchase Notice is delivered in accordance with the provisions of the Subscription Agreement.
The Company shall use commercially reasonable efforts to cause the Second Resale Registration Statement to become effective within thirty (30) calendar days from the Second Closing Date and to keep the Second Resale Registration Statement effective at all times until no holder of the Warrants owns any Warrants or Warrant Shares attributable to the Second Closing Subscription Amount.
The Company shall, subject to the other applicable provisions of this Agreement, use its reasonable best efforts to cause the First Resale Registration Statement (and, if filed and declared effective as provided above, the Second Resale Registration Statement) to be continuously effective and usable until such time as there are no longer any Registrable Securities existing to be covered by such Shelf Registration (with respect to each such Shelf Registration, the “Effectiveness Period”).