Common use of Effective Demand Registration and Expenses Clause in Contracts

Effective Demand Registration and Expenses. Packaging Dynamics shall, subject to Section 3.3 hereof, use its best efforts to effect Demand Registrations pursuant to written requests made in accordance with Section 3.1 of this Agreement. If a Demand Registration is not declared effective on or before the expiration of one hundred and twenty (120) days after a request is delivered under Section 3.1, then Packaging Dynamics shall be required to effect one (1) additional Demand Registration for the Registrable Securities included in such Demand Registration pursuant to the terms of this Agreement. A registration shall not count as a Demand Registration until it has become effective and remains continuously effective for not less than one hundred and twenty (120) days. Packaging Dynamics shall use its best efforts to cause any such Demand Registration to become effective not later than ninety (90) days after it receives a request under Section 3.1 hereof. In any registration initiated as a Demand Registration, Packaging Dynamics shall pay all Registration Expenses in connection therewith, whether or not such Demand Registration becomes effective.

Appears in 5 contracts

Samples: Registration Rights Agreement (DCBS Investors LLC), Registration Rights Agreement (Keystone Inc Et Al), Registration Rights Agreement (Packaging Dynamics Corp)

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Effective Demand Registration and Expenses. Packaging Dynamics shall, subject to Section 3.3 2.3 hereof, use its best commercially reasonable efforts to effect Demand Registrations pursuant to written requests made in accordance with Section 3.1 2.1 of this Agreement. If In addition to any other remedies available to Holder, if a registration statement in connection with a Demand Registration is not declared effective on or before the expiration of one hundred and twenty (120) days after a request is delivered under Section 3.12.1, then Packaging Dynamics shall be required to effect one (1) additional Demand Registration for the Registrable Securities included in such Demand Registration pursuant to the terms of this Agreement. A registration shall not count as a Demand Registration until it has become effective and remains continuously effective for not less than the lesser of (i) one hundred and twenty (120) days. Packaging Dynamics shall use its best efforts days or (ii) such time as all of the Registrable Securities proposed to cause any such be sold pursuant to the Demand Registration to become effective not later than ninety (90) days after it receives a request under Section 3.1 hereofhave been sold. In any registration initiated as a Demand Registration, Packaging Dynamics shall pay all Registration Expenses in connection therewith, whether or not such Demand Registration becomes effective.

Appears in 2 contracts

Samples: Registration Rights Agreement (Packaging Dynamics Corp), Registration Rights Agreement (Packaging Dynamics Corp)

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Effective Demand Registration and Expenses. Packaging Dynamics shall, subject to Section 3.3 hereof, use its best efforts to effect three (3) Demand Registrations pursuant to written requests made in accordance with Section 3.1 of this Agreement. If a Demand Registration is not declared effective on or before the expiration of one hundred and twenty (120) days after a request is delivered under Section 3.1, then Packaging Dynamics shall be required to effect one (1) additional Demand Registration for the Registrable Securities included in such Demand Registration pursuant to the terms of this Agreement. A registration shall not count as a Demand Registration until it has become effective and remains continuously effective for not less than one hundred and twenty (120) days. Packaging Dynamics shall use its best efforts to cause any such Demand Registration to become effective not later than ninety (90) days after it receives a request under Section 3.1 hereof. In any registration initiated as a Demand Registration, Packaging Dynamics shall pay all Registration Expenses in connection therewith, whether or not such Demand Registration becomes effective.

Appears in 1 contract

Samples: Registration Rights Agreement (Packaging Dynamics Corp)

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