Common use of Effectiveness and Scope Clause in Contracts

Effectiveness and Scope. The Company shall use its commercially reasonable efforts to cause the Mandatory Registration Statement to be declared effective by the Commission within 120 days following the Demand Date and to remain effective until the date on which all Shares in respect thereof cease to be Registrable Shares. The Mandatory Shelf Registration Statement shall provide for the resale from time to time, and pursuant to any method or combination of methods legally available (including an Underwritten Offering, a direct sale to purchasers, a sale through brokers or agents, or a sale over the internet), by Holding, as agreed to by Holding and its counsel.

Effectiveness and Scope. The Company shall use its commercially reasonable efforts to cause the Mandatory Registration Statement to be declared effective by the Commission within 120 270 days following the Demand Date and to remain effective until the date on which all Shares in respect thereof cease to be Registrable Shares. The Mandatory Shelf Registration Statement shall provide for the resale from time to time, and pursuant to any method or combination of methods legally available (including an Underwritten Offering, a direct sale to purchasers, a sale through brokers or agents, or a sale over the internet), by Holding, as agreed to by Holding and its counselthe Holders.