Registration Effective Date Clause Samples
The Registration Effective Date clause establishes the specific date on which a registration becomes valid and enforceable. This date typically marks when a party is officially recognized as registered for a particular purpose, such as participation in a program, compliance with regulations, or eligibility for certain rights or benefits. By clearly defining when registration takes effect, the clause ensures all parties understand when obligations, rights, or privileges commence, thereby preventing disputes or confusion regarding the timing of registration-related activities.
Registration Effective Date. The Company shall use its best efforts to have the Registration Statement declared effective by the SEC (the date of such effectiveness is referred to herein as the "Effective Date") by the Due Date.
Registration Effective Date. The Company shall use its best ------------------------------ efforts to have the Registration Statement declared effective by the SEC (the date of such effectiveness is referred to herein as the "Effective Date") by the Due Date. In the event that the Registration Statement has not been declared effective by the Due Date, the Company shall pay a delay fee of $25,000 to Investor within five Business Days and the Due Date shall be considered the Effective Date for purposes of paragraph 2.6 of the Investment Agreement executed between the parties of even date herewith.