Examples of Target Filing Date in a sentence
If (i) the Registration Statement covering the Registrable Securities required to be filed by the Company pursuant to Section 2(a) hereof is not filed by the Target Filing Date, then the Company will make payments to the Investors in such amounts and at such times as shall be determined pursuant to this Section 2(b) as liquidated damages by reason of any such delay in their ability to sell the Registrable Securities (which remedy shall be exclusive of any other remedies available at law or in equity).
As part of such cooperation, Seller shall file on or prior to the State Regulatory Target Filing Date an application for declination of jurisdiction with the State Regulatory Agency in connection with the Transactions.
The parties agree that the Late Filing Damages represent the sole and exclusive remedy, whether at law or in equity, available to the Selling Stockholders if the Registration Statement is not filed on or prior to the Target Filing Date.
The Parties hereby covenant and agree that they shall use Commercially Reasonable Efforts to pursue achievement and satisfaction of each Seller Pre-Closing Obligation (in the case of Seller) and Purchaser Pre-Closing Obligation (in the case of Purchaser) by the Approval Deadline, the Seller Declination Filing Date or the State Regulatory Target Filing Date as applicable.
The Company shall have no liability for failing to file a Registration Statement on or before the Target Filing Date, if the Company has utilized Commercially Reasonable Efforts to do so.