Common use of Effective Period of Demand Registrations Clause in Contracts

Effective Period of Demand Registrations. The Company will use its reasonable efforts to comply with all necessary provisions of the federal securities laws in order to keep each Registration Statement relating to a Demand Registration effective for a period of (i) in the case of an Underwritten Offering, three (3) months from its effectiveness date, or (ii) in any other case, the lesser of three (3) months or such shorter period as will terminate when all Registrable Shares covered by such Registration Statement have been sold pursuant to such Registration Statement (the “Effectiveness Period”). If the Company shall withdraw any Demand Registration pursuant to Section 2(d) (a “Withdrawn Demand Registration”), the Initiating Holders of the Registrable Shares remaining unsold and originally covered by such Withdrawn Demand Registration shall be entitled to a replacement Demand Registration which (subject to the provisions of this Section 2) the Company shall use its reasonable efforts to keep effective for a period commencing on the effective date of such Demand Registration and ending on the earlier to occur of the date (i) in the case of an Underwritten Offering, three (3) months from its effectiveness date, or (ii) in any other case, the lesser of three (3) months or such shorter period as will terminate when all Registrable Shares covered by such Registration Statement have been sold pursuant to such Registration Statement.

Effective Period of Demand Registrations. The After any Demand Registration filed pursuant to this Agreement has become effective, the Company will shall use its reasonable best efforts to comply with all necessary provisions of the federal securities laws in order to keep each Registration Statement relating to a such Demand Registration effective for a period equal to 180 days from the date on which the SEC declares such Demand Registration effective (or if such Demand Registration is not effective during any period within such 180 days, such 180-day period shall be extended by the number of (i) in the case of an Underwritten Offeringdays during such period when such Demand Registration is not effective), three (3) months from its effectiveness date, or (ii) in any other case, the lesser of three (3) months or such shorter period as will which shall terminate when all of the Registrable Shares Common Stock covered by such Demand Registration Statement have has been sold pursuant to such Registration Statement (the “Effectiveness Period”)Demand Registration. If the Company shall withdraw any Demand Registration pursuant to subsection (d) of this Section 2(d) 2 (a “"Withdrawn Demand Registration”"), the Initiating Holders of the Registrable Shares Common Stock remaining unsold and originally covered by such Withdrawn Demand Registration shall be entitled to a replacement Demand Registration which (subject to the provisions of this Section 2) the Company shall use its reasonable best efforts to keep effective for a period commencing on the effective date of such Demand Registration and ending on the earlier to occur of the date (i) in which is 180 days from the case effective date of an Underwritten Offering, three (3) months from its effectiveness date, or such Demand Registration and (ii) in any other case, on which all of the lesser of three (3) months or such shorter period as will terminate when all Registrable Shares Common Stock covered by such Demand Registration Statement have has been sold pursuant sold. Such additional Demand Registration otherwise shall be subject to such Registration Statementall of the provisions of this Agreement.

Effective Period of Demand Registrations. The After any Demand Registration filed pursuant to this Agreement has become effective, the Company will shall use its reasonable best efforts to comply with all necessary provisions of the federal securities laws in order to keep each Registration Statement relating to a such Demand Registration effective for a period equal to 180 days from the date on which the SEC declares such Demand Registration effective (or if such Demand Registration is not effective during any period within such 180 days, such 180-day period shall be extended by the number of (i) in the case of an Underwritten Offeringdays during such period when such Demand Registration is not effective), three (3) months from its effectiveness date, or (ii) in any other case, the lesser of three (3) months or such shorter period as will which shall terminate when all of the Registrable Shares Common Stock covered by such Demand Registration Statement have has been sold pursuant to such Registration Statement (the “Effectiveness Period”)Demand Registration. If the Company shall withdraw any Demand Registration pursuant to subsection (d) of this Section 2(d) 3 (a “"Withdrawn Demand Registration”"), the Initiating Holders of the Registrable Shares Common Stock remaining unsold and originally covered by such Withdrawn Demand Registration shall be entitled to a replacement Demand Registration which (subject to the provisions of this Section 23) the Company shall use its reasonable best efforts to keep effective for a period commencing on the effective date of such Demand Registration and ending on the earlier to occur of the date (i) in which is 180 days from the case effective date of an Underwritten Offering, three (3) months from its effectiveness date, or such Demand Registration and (ii) in any other case, on which all of the lesser of three (3) months or such shorter period as will terminate when all Registrable Shares Common Stock covered by such Demand Registration Statement have has been sold pursuant sold. Such additional Demand Registration otherwise shall be subject to such Registration Statementall of the provisions of this Agreement.

Effective Period of Demand Registrations. The Company will use its reasonable best efforts to comply with all necessary provisions of the federal securities laws in order to keep each Registration Statement relating to a Demand Registration effective for a period of (i) in the case of an Underwritten Offering, three (3) months from its effectiveness date, or (ii) in any other case, the lesser of three (3) months or such shorter period as will terminate when all Registrable Shares covered by such Registration Statement have been sold pursuant to such Registration Statement (the “Effectiveness Period”). If the Company shall withdraw any Demand Registration pursuant to Section 2(d) (a “Withdrawn Demand Registration”), the Initiating Holders of the Registrable Shares remaining unsold and originally covered by such Withdrawn Demand Registration shall be entitled to a replacement Demand Registration which (subject to the provisions of this Section 2) the Company shall use its reasonable best efforts to keep effective for a period commencing on the effective date of such Demand Registration and ending on the earlier to occur of the date (i) in the case of an Underwritten Offering, three (3) months from its effectiveness date, or (ii) in any other case, the lesser of three (3) months or such shorter period as will terminate when all Registrable Shares covered by such Registration Statement have been sold pursuant to such Registration Statement.

Effective Period of Demand Registrations. The After any Demand Registration filed pursuant to this Agreement has become effective, the Company will shall use its reasonable best efforts to comply with all necessary provisions of the federal securities laws in order to keep each Registration Statement relating to a such Demand Registration effective for a period equal to 180 days from the date on which the SEC declares such Demand Registration effective (or if such Demand Registration is not effective during any period within such 180 days, such 180-day period shall be extended by the number of (i) in the case of an Underwritten Offeringdays during such period when such Demand Registration is not effective), three (3) months from its effectiveness date, or (ii) in any other case, the lesser of three (3) months or such shorter period as will which shall terminate when all of the Registrable Shares Common Stock covered by such Demand Registration Statement have has been sold pursuant to such Registration Statement (the “Effectiveness Period”)Demand Registration. If the Company shall withdraw any Demand Registration pursuant to subsection (d) of this Section 2(d) 2 (a “Withdrawn Demand Registration”), the Initiating Holders of the Registrable Shares Common Stock remaining unsold and originally covered by such Withdrawn Demand Registration shall be entitled to a replacement Demand Registration which (subject to the provisions of this Section 2) the Company shall use its reasonable best efforts to keep effective for a period commencing on the effective date of such Demand Registration and ending on the earlier to occur of the date (i) in which is 180 days from the case effective date of an Underwritten Offering, three (3) months from its effectiveness date, or such Demand Registration and (ii) in any other case, on which all of the lesser of three (3) months or such shorter period as will terminate when all Registrable Shares Common Stock covered by such Demand Registration Statement have has been sold pursuant sold. Such additional Demand Registration otherwise shall be subject to such Registration Statementall of the provisions of this Agreement.