Covenant Regarding Registration Clause Samples

Covenant Regarding Registration. The Company warrants that the shares of stock of the Company covered by the Stock Option and the Restricted Stock Unit Grant have been registered under the Securities Act of 1933, as amended, by filing a registration statement or statements on Form S-8. The Company shall use its best efforts to maintain the effectiveness of such registration statement or statements for so long as the Stock Option and Restricted Stock Unit Grant are in effect and for so long as any of the shares of stock covered by the Stock Option and Restricted Stock Unit Grant remain outstanding.

Covenant Regarding Registration. If Secured Party shall determine to exercise its right to sell any or all of the Pledged Securities pursuant to Section 7.2 hereof, and if, in the opinion of counsel for Secured Party, it is necessary, or if, in the opinion of Secured Party, it is advisable to have the Pledged Securities, or that portion thereof to be sold, registered under the provisions of any applicable banking and securities laws (the "Securities Act"), then Debtor will, at Secured Party's request and at Debtor's expense, cause each issuer of the Pledged Securities, or of that portion thereof to be sold, to execute and deliver, and cause the directors and officers of each such issuer to execute and deliver, all such instruments and documents, and cause such issuer(s), directors, and officers to do or cause to be done all such other acts and things as may be necessary or, in Secured Party's opinion, advisable to register the Pledged Securities, or that portion thereof to be sold, under the provisions of the Securities Act, and to cause the registration statement relating thereto to become effective and to remain effective for a period of one year from the date of the first public offering of the Pledged Collateral, or that portion thereof to be sold, and to make all amendments thereto and/or to the related prospectus that, in Secured Party's opinion, are necessary or advisable, all in conformity with the requirements of the Securities Act and the rules and regulations applicable thereto:

Covenant Regarding Registration. If the Collateral Agent is instructed as provided herein to exercise the Noteholders' right to sell any or all of the Pledged Collateral pursuant to Section 7 on behalf of the Noteholders and if, in the opinion of counsel for the Collateral Agent, it is necessary, or if the Majority Holders otherwise instruct the Collateral Agent that it is advisable to have the Pledged Collateral, or that portion thereof to be sold, registered under the provisions of the Securities Act of 1933, as amended (the "Securities Act"), the Borrower will, all at the Borrower's expense, cause the Issuer, or of that portion thereof to be sold, to execute and deliver, and cause the directors and officers of the Issuer to execute and deliver, all such instruments and documents and cause such the Issuer's, directors, and officers to do or cause to be done all such other acts and things as may be necessary or, in Collateral Agent's opinion, advisable to register the Pledged Collateral, or that portion thereof to be sold, under the provisions of the Securities Act and to cause the registration statement relating thereto to become effective and to remain effective for a period of one year from the date of the first public offering of the Pledged Collateral, or that portion thereof to be sold and to make all amendments thereto and/or to the related prospectus that, in the Collateral Agent's opinion, are necessary or advisable, all in conformity with the requirements of the Securities Act and the rules and regulations of the SEC applicable thereto. The Borrower agrees to cause the Issuer, or that portion thereof to be sold, to comply with the provisions of the securities or "blue sky" laws of any jurisdiction that the Collateral Agent shall designate and to cause the Issuer to make available to its security holders, as soon as practicable, an earnings statement (which need not be audited) that will satisfy the provisions of Section 10(a) of the Securities Act.