Common use of Registration Obligation Clause in Contracts

Registration Obligation. 5.1 The Holder of this Purchase Option shall be entitled to the same registration rights with respect to the resale of the Shares underlying this Purchase Option (the “Registrable Shares”) as the Company has granted to investors in the Private Placement with respect to the Shares underlying the Warrants, as provided in the Securities Purchase Agreement including, without limitation and subject to the limitations and obligations set forth therein, the mandatory and piggyback registration obligations set forth therein; provided, however, that the Holder shall not be entitled to any of the delinquent filing and effectiveness penalties afforded such investors thereunder.

Registration Obligation. 5.1 The Holder of this Purchase Option shall be entitled to the same registration rights with respect to the resale of the Shares Securities underlying this Purchase Option (the “"Registrable Shares”") as the Company has granted to investors in the Private Placement with respect to the Shares Securities underlying the Preferred Stock and Warrants, as provided in the Securities Purchase Agreement including, without limitation and subject to the limitations and obligations set forth therein, the mandatory and piggyback registration obligations set forth therein; provided, however, that the Holder shall not be entitled to any of the delinquent filing and effectiveness cash penalties afforded such investors thereunder.

Registration Obligation. 5.1 The Holder of this Purchase Option shall be entitled to the same registration rights with respect to the resale of the Shares underlying this Purchase Option (the “"Registrable Shares”") as the Company has granted to investors in the Private Placement with respect to the Shares underlying the Warrants, as provided in the Securities Purchase Agreement including, without limitation and subject to the limitations and obligations set forth therein, the mandatory and piggyback registration obligations set forth therein; provided, however, that the Holder shall not be entitled to any of the delinquent filing and effectiveness penalties afforded such investors thereunder.