Common use of Effectiveness Requirement Clause in Contracts

Effectiveness Requirement. Subject to the terms and conditions of Section 3.5(a)(vi), the Company will use its commercially reasonable efforts to keep the Shelf Registration Statement continuously effective under the Securities Act until all of the Registrable Securities covered by such Shelf Registration Statement have been sold pursuant to such Shelf Registration Statement or cease to be Registrable Securities (the “Effectiveness Period”).

Appears in 2 contracts

Sources: Stock Transfer Restriction and Registration Rights Agreement (Woodbridge CO LTD), Stock Transfer Restriction and Registration Rights Agreement (Strategic Hotels & Resorts, Inc)

Effectiveness Requirement. Subject to the terms and conditions of Section 3.5(a)(vi3.2(a)(viii), the Company will use its commercially reasonable efforts to keep the Shelf Registration Statement continuously effective under the Securities Act until all of the Registrable Securities covered by such Shelf Registration Statement have been sold pursuant to such Shelf Registration Statement or cease to be Registrable Securities or this Agreement otherwise terminates in accordance with its terms (the “Effectiveness Period”).

Appears in 1 contract

Sources: Registration Rights Agreement (Strategic Hotels & Resorts, Inc)