Common use of Postponement Clause in Contracts

Postponement. The Company may postpone any Required Registration for a reasonable period of time, not to exceed one hundred eighty (180) days once in every twelve (12) month period, if the Board determines in good faith that such Required Registration would (i) require the disclosure of a material transaction or other matter and such disclosure would be disadvantageous to the Company or (ii) adversely affect a material financing, acquisition, disposition of assets or stock, merger or other comparable transaction.

Postponement. The Company may postpone any Required Registration for a reasonable period of time, not to exceed one hundred eighty (180) days once in every twelve (12) month perioddays, if the Board determines in good faith that such Required Registration would (i) require the disclosure of a material transaction or other matter and such disclosure would be disadvantageous to the Company or (ii) adversely affect a material financing, acquisition, disposition of assets or stock, merger or other comparable transaction; provided that the Company may postpone a Required Registration only once during any twelve (12) month period.

Postponement. The Company may postpone any Required Registration for a reasonable period of timeup to 30 days the filing of any registration required pursuant to Section 2.1 (regardless of whether such 30 day period ends after September 30, not to exceed one hundred eighty (1801999) days once in every twelve (12) month period, if the Board determines of Directors of the Company in good faith determines that such Required Registration would (i) require the disclosure of a material transaction registration is likely to have an adverse effect on any plan, proposal or other matter and such disclosure would be disadvantageous to agreement by the Company or (ii) adversely affect a material with respect to any financing, acquisition, disposition of assets or stockrecapitalization, merger reorganization or other comparable transactionmaterial transaction or development.

Postponement. The Company may postpone any Required Registration for a reasonable period of time, not to exceed one hundred eighty (180) days once in every twelve (12) month perioddays, if the Board determines in good faith that such Required Registration would (i) require the disclosure of a material transaction or other matter and such disclosure would be disadvantageous to the Company or (ii) adversely affect a material financing, acquisition, disposition of assets or stock, merger or other comparable transactiontransaction to which the Company may enter into; provided that the Company may postpone a Required Registration only once during any twelve (12) month period.

Postponement. The Company may postpone the filing of any Required Registration registration statement required hereunder for a reasonable period of time, not to exceed one hundred eighty ninety (18090) days once in every twelve (12) the aggregate during any twelve-month period, if the Company has been advised by legal counsel that such filing would require a special audit or the disclosure of a material impending transaction or other matter and the Company’s Board of Directors determines reasonably and in good faith that such Required Registration disclosure would (i) require the disclosure of have a material transaction or other matter and such disclosure would be disadvantageous to adverse effect on the Company or (ii) adversely affect a material financing, acquisition, disposition of assets or stock, merger or other comparable transactionCompany.

Postponement. The Company may postpone any Required Registration for a reasonable period of time, not to exceed one hundred eighty (180) days once in every twelve (12) month perioddays, if the Board of Directors determines in good faith that such Required Registration would (iA) require the disclosure of a material transaction or other comparable matter and such disclosure would be disadvantageous to the Company or Company, (iiB) adversely affect a material financing, acquisition, disposition of assets or stock, merger or other comparable transactiontransaction or (C) otherwise be materially detrimental to the Company.

Postponement. The Company may postpone any Required Registration for a reasonable period of time, not up to exceed one hundred eighty (180) 60 days once in every twelve (12) month period, the filing or the effectiveness of any registration requested pursuant to this Section 7.1 if the Board determines of Directors of the Company in good faith determines that such Required Registration would (i) require the disclosure of a material transaction registration is likely to have an adverse effect on any plan, proposal or other matter and such disclosure would be disadvantageous to agreement by the Company or (ii) adversely affect a material with respect to any disposition, financing, acquisition, disposition of assets or stockrecapitalization, merger reorganization or other comparable material transaction; provided, however, that the Company may not exercise such right of postponement more frequently than one time in any 12-month period; and provided, further, that the Company shall provide written notice of any such postponement to each holder of Registrable Securities.

Postponement. The Company may postpone any Required Registration for a reasonable period of time, not up to exceed one hundred eighty (180) 60 days once in every twelve (12) month period, the filing or the effectiveness of any registration requested pursuant to this Section 10.1 if the Board determines of Directors of the Company in good faith determines that such Required Registration would (i) require the disclosure of registration is likely to have a material transaction adverse effect on any plan, proposal or other matter and such disclosure would be disadvantageous to agreement by the Company or (ii) adversely affect a material with respect to any financing, acquisition, disposition of assets or stockrecapitalization, merger reorganization or other comparable material transaction; provided, however, that the Company may not exercise such right of postponement more frequently than one time in any 12-month period; and provided, further, that the Company shall promptly provide written notice of any such postponement to each holder of Registrable Securities.

Postponement. The Company may shall be entitled to postpone for up to 60 days the filing of any Required Shelf Registration for a reasonable period of time, not Statement otherwise required to exceed one hundred eighty (180) days once in every twelve (12) month periodbe prepared and filed pursuant to Section 2(b), if the Board determines Company determines, in its good faith reasonable judgment, that such Required Registration registration and the transfer of Registrable Securities contemplated thereby would (i) materially interfere with, or require the premature disclosure of a of, any material transaction financing, acquisition or other matter and such disclosure would be disadvantageous to reorganization involving the Company or (ii) adversely affect a material financing, acquisition, disposition any of assets or stock, merger or other comparable transactionits affiliates and the Company promptly gives the Holders notice of such determination.

Postponement. The Company may postpone any Required Registration for a reasonable period of time, not to exceed one hundred eighty ninety (18090) days once in every twelve (12) month period, if the Board determines in good faith that such Required Registration would (i) require the disclosure of a material transaction or other matter and such disclosure would be disadvantageous to the Company or (ii) adversely affect a material financing, acquisition, disposition of assets or stock, merger or other comparable transaction.