Effectiveness and Scope. The Company shall use its commercially reasonable efforts to cause each Mandatory Shelf Registration Statement to be declared effective by the Commission as soon as practicable following such filing, and to remain effective until the date on which all Shares in respect thereof cease to be Registrable Shares. No other Person will have the right to include securities on a Mandatory Shelf Registration Statement. Each 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 the Holders of any and all Registrable Shares. The Company shall not file any registration statement on behalf of or for the benefit of any Prior Holder unless it has filed or files concurrently each Mandatory Shelf Registration Statement, and the Company shall not submit an acceleration request to the Commission requesting effectiveness of any such Prior Holder registration statement unless it has submitted or concurrently submits an acceleration request to the Commission requesting effectiveness of each Mandatory Shelf Registration Statement and reasonably believes based on communications with the Commission that such request with respect to such Registration Statements will be granted.
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Effectiveness and Scope. The Company Partnership shall use its commercially reasonable efforts to cause each the Mandatory Shelf Registration Statement to be declared effective by the Commission as soon as practicable following such filing, and to remain effective until the date on which all Shares Units in respect thereof cease to be Registrable SharesUnits. No other Person will have The Partnership may not include any Units owned by a Prior Holder in the right to include securities on a Holders Mandatory Shelf Registration Statement or the FBR Mandatory Shelf Registration Statement. Each 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 the Holders of any and all Registrable SharesUnits. The Company Partnership shall not file any registration statement on behalf of or for the benefit of any Prior Holder unless it has filed or files concurrently each Mandatory Shelf Registration Statement, and the Company Partnership shall not submit an acceleration request to the Commission requesting effectiveness of any such Prior Holder registration statement unless it has submitted or concurrently submits an acceleration request to the Commission requesting effectiveness of each Mandatory Shelf Registration Statement and reasonably believes based on communications with the Commission that such request with respect to such each Mandatory Shelf Registration Statements Statement will be granted.
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Sources: Registration Rights Agreement (Legacy Reserves L P)