Common use of Automatic Registration Clause in Contracts

Automatic Registration. (a) On or before July 31, 2003 (the "Registration Date"), the Company shall file with the Commission a Registration Statement on Form S-3 or such other appropriate form in accordance with the Securities Act, covering the Registrable Securities. (b) The Company shall use commercially reasonable efforts to have such registration statement declared effective within ninety (90) days after such filing, and to maintain the effectiveness and use of such registration statement for a period of no less than the earlier of (i) the date on which all of the Registrable Securities may be resold without restriction pursuant to Rule 144(k) under the Securities Act, or (ii) the date on which all of the Registrable Securities have been sold.

Automatic Registration. (a) On or before July 31_______, 2003 (the "Registration Date"), the Company shall file with the Commission a Registration Statement on Form S-3 or such other appropriate form in accordance with the Securities Act, covering the Registrable Securities. (b) The Company shall use commercially reasonable efforts to have such registration statement declared effective within ninety (90) days after such filing, and to maintain the effectiveness and use of such registration statement for a period of no less than the earlier of (i) the date on which all of the Registrable Securities may be resold without restriction pursuant to Rule 144(k) under the Securities Act, or (ii) the date on which all of the Registrable Securities have been sold.