Effectiveness Requirement. Buyer shall use its commercially reasonable efforts to cause the Resale Registration Statements to be declared effective by the SEC as promptly as practicable following filing, but in no event later than 30 days following the applicable Filing Deadline (or 90 days following the applicable Filing Deadline in the event of SEC review) (the “Effectiveness Deadline”).
Appears in 2 contracts
Sources: Membership Interest Purchase Agreement (SharonAI Holdings, Inc.), Membership Interest Purchase Agreement (New ERA Energy & Digital, Inc.)