Common use of Continued Effectiveness of Registration Statement Clause in Contracts

Continued Effectiveness of Registration Statement. The Company will keep the Registration Statement covering the Registrable Securities effective under Rule 415 at all times during the Registration Period. In the event that the number of shares available under a Registration Statement filed pursuant to this Agreement is insufficient to cover all of the Registrable Securities, the Company will (if permitted) amend the Registration Statement or file a new Registration Statement, or both, so as to cover all of the Registrable Securities. The Company will file such amendment or new Registration Statement as soon as practicable, but in no event later than 30 business days after the necessity therefor arises (based upon the market price of the Common Stock and other relevant factors on which the Company reasonably elects to rely). The Company will use its best efforts to cause such amendment or new Registration Statement to become effective as soon as is practicable after the filing thereof, but in no event later than 120 days after the date on which the Company reasonably first determines (or reasonably should have determined) the need therefor.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Gander Mountain Co), Stock Purchase Agreement (Gander Mountain Co), Stock Purchase Agreement (Gander Mountain Co)

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Continued Effectiveness of Registration Statement. The Company will keep the Registration Statement covering the Registrable Securities effective under Rule 415 at all times during the Registration Period. In the event that the number of shares available under a Registration Statement filed pursuant to this Agreement is insufficient to cover all of the Registrable Securities, the Company will (if permitted) amend the Registration Statement or file a new Registration StatementStatement (on the short form available therefor, if applicable), or both, so as to cover all of the Registrable Securities. The Company will file such amendment or new Registration Statement as soon as practicable, but in no event later than 30 20 business days after the necessity therefor arises (based upon the market price of the Common Stock and other relevant factors on which the Company reasonably elects to rely). The Company will use its best efforts to cause such amendment or new Registration Statement to become effective as soon as is practicable after the filing thereof, but in no event later than 120 90 days after the date on which the Company reasonably first determines (or reasonably should have determined) the need therefor.

Appears in 1 contract

Samples: Registration Rights Agreement (Flotek Industries Inc/Cn/)

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Continued Effectiveness of Registration Statement. The Company Corporation will keep the Registration Statement covering the Registrable Securities Shares effective under Rule 415 of the Securities Act at all times during the Registration Period. In the event that the number of shares available under a Registration Statement filed pursuant to this Agreement is insufficient to cover all of the Registrable SecuritiesShares issued, the Company Corporation will (if permitted) amend the Registration Statement or file a new Registration StatementStatement (on the short form available therefor, if applicable), or both, so as to cover all of the Registrable SecuritiesShares. The Company Corporation will file such amendment or new Registration Statement as soon as practicable, but in no event later than 30 business days after the necessity therefor arises (based upon the market price of the Common Stock and other relevant factors on which the Company Corporation reasonably elects to rely). The Company Corporation will use its best efforts to cause such amendment or new Registration Statement to become effective as soon as is practicable after the filing thereof, but in no event later than 120 90 days after the date on which the Company Corporation reasonably first determines (or reasonably should have determined) the need therefor.

Appears in 1 contract

Samples: Stock Purchase Agreement (Odetics Inc)

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