Common use of Blackout Clause in Contracts

Blackout. The Company undertakes and covenants that until the sooner of (i) the Registration Statement shall have been current and available for use in connection with the resale of the Registrable Securities (as defined in Section 11(i)) for a period of 120 days, or (ii) until all the Shares, Initial Shares, and Warrant Shares have been resold or transferred by the Subscribers pursuant to the Registration Statement or Rule 144, without regard to volume limitations (“Exclusion Period”), the Company will not enter into any acquisition, merger, exchange or sale or other transaction that would be reasonably expected to have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or current for a period twenty (20) consecutive days nor more than forty-five (45) or more days during any 365 day period.

Blackout. The Company undertakes and covenants that until (i) the sooner of (i) the Registration Statement shall have been current and available for use in connection with the resale of the Registrable Securities (as defined in Section 11(i)11.1(i) for a period of 120 180 days, or (ii) until all the Shares, Initial Shares, Shares and Warrant Shares have been resold or transferred by the Subscribers pursuant to the Registration Statement or Rule 144, 144 without regard to volume limitations limitation (“the "Exclusion Period”"), the Company will not enter into any acquisition, merger, exchange or sale or other transaction that would be reasonably expected to could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or current for a period twenty (20) consecutive days nor more than forty-five (45) or more days during any 365 day perioddays.

Blackout. The Company undertakes and covenants that until the sooner first to occur of (i) the Registration Statement shall have been current and available for use in connection with the unrestricted resale of the Registrable Securities Shares and Warrant Shares for 180 days (as defined in Section 11(i“Exclusion Period”)) for a period of 120 days, or (ii) until all the Shares, Initial Shares, Shares and Warrant Shares have been resold or transferred by the Subscribers pursuant to the Registration Statement a registration statement or Rule 144, without regard to volume limitations (“Exclusion Period”), the Company will not enter into any acquisition, merger, exchange or sale or other transaction that would be reasonably expected to could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or current for a period twenty fifteen (20) consecutive days nor more than forty-five (4515) or more days during any 365 day perioddays.