Common use of No Stop Order; Automatic Shelf Registration Statements Clause in Contracts

No Stop Order; Automatic Shelf Registration Statements. Each Registration Statement has become effective; no stop order suspending the effectiveness of either Registration Statement is in effect, and no proceedings for such purpose are pending before or threatened by the Commission. Each Registration Statement is an automatic shelf registration statement as defined in Rule 405 under the Securities Act. The Company is a well-known seasoned issuer (as defined in Rule 405 under the Securities Act) eligible to use each Registration Statement as an automatic shelf registration statement and the Company has not received notice that the Commission objects to the use of either Registration Statement as an automatic shelf registration statement.