Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement: (a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; (i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so; (c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder; (d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets; (e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement; (f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension; (g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel; (h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances; (i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and (j) maintain a transfer agent and registrar for the Common Stock.
Appears in 9 contracts
Sources: Preferred Stock Purchase Agreement (Health Systems Solutions Inc), Registration Rights Agreement (Datrek Miller International, Inc.), Preferred Stock Purchase Agreement (Health Systems Solutions Inc)
Registration Procedures. If and whenever Whenever required under this Article V to include Registrable Securities in a Company registration statement, the Company is required by any shall, as expeditiously as reasonably possible:
(a) Use best efforts to (i) cause such registration statement to become effective, and (ii) cause such registration statement to remain effective until the earliest to occur of (A) such date as the provisions sellers of this Agreement to effect Registrable Securities (the “Selling Holders”) have completed the distribution described in the registration statement and (B) such time that all of any of the such Registrable Securities are no longer, by reason of Rule 144(k) under the Securities Act, required to be registered for the sale thereof by such Holders. The Company shall (except will also use its best efforts to, during the period that such registration statement is required to be maintained hereunder, file such post-effective amendments and supplements thereto as may be required by the Securities Act and the rules and regulations thereunder or otherwise provided to ensure that the registration statement does not contain any untrue statement of material fact or omit to state a fact required to be stated therein or necessary to make the statements contained therein, in this Agreement)light of the circumstances under which they are made, as expeditiously as possiblenot misleading; provided, subject however, that if applicable rules under the Securities Act governing the obligation to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) file a post-effective amendment permits, in lieu of filing a post-effective amendment that (i) prepare includes any prospectus required by Section 10(a)(3) of the Securities Act or (ii) reflects facts or events representing a material or fundamental change in the information set forth in the registration statement, the Company may incorporate by reference information required to be included in (i) and (ii) above to the extent such information is contained in periodic reports filed pursuant to Section 13 or 15(d) of the Exchange Act in the registration statement.
(b) Prepare and file with the Commission SEC such amendments and supplements to the Registration Statement such registration statement, and the prospectus used in connection therewith with such registration statement, as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever registration statement.
(c) Make available for inspection upon reasonable notice during the Company’s regular business hours by each Selling Holder, any underwriter participating in any distribution pursuant to such registration statement, and any attorney, accountant or other agent retained by such Selling Holder or underwriter, all financial and other records, pertinent corporate documents and properties of the Holder shall desire Company, and cause the Company’s officers, directors and employees to sell supply all information reasonably requested by any such Selling Holder, underwriter, attorney, accountant or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time agent in connection with a such registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;statement.
(id) prior Furnish to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Selling Holders such numbers of copies of a prospectus prospectus, including a preliminary prospectus as amended or any amendment or supplement supplemented from time to any prospectus, as applicabletime, in conformity with the requirements of the Securities Act, and such other documents, documents as any of the Holders they may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;them.
(ce) Use best efforts to register and qualify the Registrable Securities securities covered by the Registration Statement such registration statement under such other federal or state securities or blue sky laws of such jurisdictions as shall be reasonably requested by the Selling Holders; provided, however, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any of such states or jurisdictions, unless the Holders shall reasonably request (Company is already subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition service in such jurisdiction and except as may be required by the Securities Act.
(f) In the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter of such offering. Each Selling Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement.
(g) Notify each Holder of Registrable Securities owned covered by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statementregistration statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, (i) when the registration statement or any post-effective amendment and supplement thereto has become effective; (ii) of the issuance by the SEC of any stop order or the initiation of proceedings for that purpose (in which event the Company shall make every effort to obtain the withdrawal of any order suspending effectiveness of the registration statement at the earliest possible time or prevent the entry thereof); (iii) of the receipt by the Company of any notification with respect to the suspension of the qualification of the Registrable Securities for sale in any jurisdiction or the initiation of any proceeding for such purpose; and (iv) of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and .
(h) Cause all such Registrable Securities registered hereunder to be listed on each securities exchange or quotation service on which similar securities issued by the Company shall prepare are then listed or quoted or, if no such similar securities are listed or quoted on a securities exchange or quotation service, apply for qualification and file a curative amendment under Section 6(a) as quickly as reasonably possible and during use best efforts to qualify such period, the Holders shall not make any sales of Registrable Securities pursuant to for inclusion on the Registration Statement;New York Stock Exchange, American Stock Exchange or listing on a quotation system of the National Association of Securities Dealers, Inc.
(fi) after becoming aware Provide a transfer agent and registrar for all Registrable Securities registered pursuant hereunder and CUSIP number for all such Registrable Securities, in each case not later than the effective date of such event, notify each of registration.
(j) Cooperate with the Selling Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, and the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders if any, to facilitate the timely preparation and delivery of certificates for representing the Registrable Securities to be offered pursuant to the Registration Statement sold, which certificates will not bear any restrictive legends; and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as the managing underwriters, if any, shall request at least two business days prior to any sale of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by to the Commissionunderwriters.
(k) In connection with an underwritten offering, deliver and cause legal counsel selected by the officers of the Company to deliver provide reasonable assistance in the preparation of, any “road show” presentation to potential investors as the managing underwriter may determine.
(l) Comply with all applicable rules and regulations of the SEC and make generally available to its security holders earning statements satisfying the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar rule promulgated under the Securities Act) no later than 50 calendar days after the end of any 3-month period (or 105 calendar days after the end of any 12-month period if such period is a fiscal year) (i) commencing at the end of any fiscal quarter in which Registrable Securities are sold to underwriters in a firm commitment or best efforts underwritten offering, and (ii) if not sold to underwriters in such an offering, commencing on the first day of the first fiscal quarter of the Company, after the effective date of a registration statement, which statements shall cover said period.
(m) If the offering is underwritten and at the request of any Selling Holder, use its best efforts to furnish on the date that Registrable Securities are delivered to the underwriters for sale pursuant to such registration: (i) opinions dated such date of counsel representing the Company for the purposes of such registration, addressed to the underwriters and the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction andso delivered, respectively, to the extent necessaryeffect that such registration statement has become effective under the Securities Act and such Registrable Securities are freely tradable, an opinion of such counsel;
(h) take all and covering such other lawful actions reasonably necessary matters as are customarily covered in opinions of issuer’s counsel delivered to expedite underwriters and facilitate transfer agents in underwritten public offerings and (ii) a letter dated such date from the disposition by independent public accountants who have certified the Holders financial statements of their Registrable Securities in accordance with the intended methods therefor provided Company included in the prospectus which registration statement or the prospectus, covering such matters as are customary for issuers customarily covered in accountants’ letters delivered to perform under the circumstances;
(i) underwriters in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockpublic offerings.
Appears in 7 contracts
Sources: Subscription Agreement (TheRetirementSolution.com, Inc.), Subscription Agreement (Originoil Inc), Subscription Agreement (Diet Coffee Inc)
Registration Procedures. If (a) In connection with each Registration, and whenever in accordance with the Company is required by any intended method or methods of distribution of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActClass A Shares as described in such Registration, the Company shall (except as otherwise provided in this Agreement)shall, as expeditiously soon as possiblereasonably practicable (and, in any event, subject to the Holders’ assistance terms of this Agreement, including, without limitation, Section 3.01(a) hereof, at or before the time required by applicable laws and cooperation as reasonably required with respect to each Registration Statement:regulations):
(a) prepare and file with the Commission a registration statement with respect to such Registrable Shares and use its best efforts to cause such registration statement to become and remain effective for the period of the distribution contemplated thereby determined as provided hereafter;
(ib) prepare and file with the Commission such amendments and supplements to the Registration Statement such registration statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities Shares covered by such Registration Statement whenever registration statement;
(c) furnish to the Holder such numbers of copies of the registration statement and the prospectus included therein (including each preliminary prospectus and any amendments or supplements thereto), in conformity with the requirements of the Securities Act and such other documents and information as it may reasonably request;
(d) use its best efforts to register or qualify the Registrable Shares covered by such registration statement under such other securities or blue sky laws of such jurisdiction within the United States and Puerto Rico as shall be reasonably appropriate for the distribution of the Registrable Shares covered by the registration statement; PROVIDED, HOWEVER, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business in or to file a general consent to service of process in any jurisdiction wherein it would not but for the requirements of this paragraph (d) be obligated to do so; and PROVIDED, FURTHER, that the Company shall not be required to qualify such Registrable Shares in any jurisdiction in which the securities regulatory authority requires that the Holder submit any of its Registrable Shares to the Holder shall desire terms, provisions and restrictions of any escrow, lockup or similar agreement(s) for consent to sell or otherwise dispose Registrable Shares in such jurisdiction unless such Holder agrees to do so;
(e) promptly notify each Holder, at any time when a prospectus relating to the Registrable Shares is required to be delivered under the Securities Act, of the same happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances under which they were made, and at the request of any such Holder promptly prepare and furnish to such Holder a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such securities, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances under which they were made;
(f) furnish, at the request of any Holder requesting registration of Registrable Shares pursuant to Sections 3.01 or 3.02 hereof, if the method of distribution is by means of an underwriting, on the date that the Registrable Shares are delivered to the underwriters for sale pursuant to such registration, or if such Registrable Shares are not being sold through underwriters, on the date that the registration statement with respect to such Registrable Shares becomes effective, (1) a signed opinion, dated such date, of the independent legal counsel representing the Company for the purpose of such registration, addressed to the underwriters, if any, and if such Registrable Shares are not being sold through underwriters, then to the Holders making such request, as to such matters as such underwriters or the Holders holding a majority of the Registrable Shares included in such registration, as the case may be, may reasonably request and as would be customary in such a transaction; and (2) letters dated such date and the date the offering is priced from the independent certified public accountants of the Company, addressed to the underwriters, if any, and if such Registrable Shares are not being sold through underwriters, then to the Holders making such request and, if such accountants refuse to deliver such letters to such Holders, then to the Company (i) stating that they are independent certified public accountants within the meaning of the Securities Act and that, in the opinion of such accountants, the financial statements and other financial data of the Company included in the registration statement or the prospectus, or any amendment or supplement thereto, comply as to form in all material respects with the applicable accounting requirements of the Securities Act and (ii) covering such other financial matters (including prospectus supplements information as to the period ending not more than five (5) business days prior to the date of such letters) with respect to the sales registration in respect of which such letter is being given as such underwriters or the Holders holding a majority of the Registrable Shares included in such registration, as the case may be, may reasonably request and as would be customary in such a transaction;
(g) enter into customary agreements (including if the method of distribution is by means of an underwriting, an underwriting agreement in customary form) and take such other actions as are reasonably required in order to expedite or facilitate the disposition of the Registrable Shares to be so included in the registration statement;
(h) otherwise use its best efforts to comply with all applicable rules and regulations of the Commission, and make available to its security holders, as soon as reasonably practicable, but not later than eighteen (18) months after the effective date of the registration statement, an earnings statement covering the period of at least twelve (12) months beginning with the first full month after the effective date of such registration statement, which earnings statements shall satisfy the provisions of Section 11(a) of the Securities Act; and
(i) use its best efforts to list the Class A Shares covered by such registration statement with any securities exchange on which the Class A Shares are then listed.
(b) Each Holder requesting registration shall furnish to the Company in writing such information regarding such Holder and its intended method of distribution of the Registrable Shares as the Company may from time to time reasonably request in connection writing, but only to the extent that such information is required in order for the Company to comply with a registration statement pursuant its obligations under all applicable securities and other laws and to Rule 415 promulgated under ensure that the prospectus relating to such Registrable Shares conforms to the applicable requirements of the Securities Act) Act and (ii) take all lawful action the rules and regulations thereunder. Such Holder shall notify the Company as promptly as practicable of any inaccuracy or change in information previously furnished by such Holder to the Company or of the occurrence of any event, in either case as a result of which any prospectus relating to the Registrable Shares contains or would contain an untrue statement of a material fact regarding such Holder or its intended method of distribution of such Registrable Shares or omits to state any material fact regarding such Holder or its intended method of distribution of such Registrable Shares required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, and promptly furnish to the Company any additional information required to correct and update any previously furnished information, or required so that each such prospectus shall not contain, with respect to such Holder or the intended method of (A) distribution of the Registration Statement and any amendment thereto does notRegistrable Shares, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 7 contracts
Sources: Registration Rights Agreement (Getty Images Inc), Registration Rights Agreement (October 1993 Trust), Registration Rights Agreement (Crediton LTD)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 7 contracts
Sources: Registration Rights Agreement (Health Systems Solutions Inc), Registration Rights Agreement (Silver Key Mining Co Inc), Registration Rights Agreement (Stanford Venture Capital Holdings Inc)
Registration Procedures. If and whenever i. In case of the Registration Statement effected by the Company is required by any of the provisions of subject to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 5, the Company shall (except keep the Holder advised in writing as otherwise provided in this Agreement)to the initiation of such registration, and as expeditiously as possibleto the completion thereof. In addition, subject to Section 5(a) above, the Holders’ assistance and cooperation as reasonably required with respect Company shall, to each the extent applicable to the Registration Statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration continuously effective and to comply with the provisions of the Securities Act with respect to the sale free from any material misstatement or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or omission necessary to make the statements therein, in light of the circumstances under which they were madecircumstances, not misleading misleading, and comply with provisions of the Securities Act with respect to the disposition of all securities covered thereby during the period referred to in Section 5(a);
b) update, correct, amend and supplement the Registration Statement as necessary;
c) notify the Holder promptly when the Registration Statement is declared effective by the SEC, and furnish such number of prospectuses, including preliminary prospectuses, and other documents incident thereto as Holder may reasonably request from time to time;
d) use its commercially reasonable efforts to register or qualify such Option Shares under such other securities or blue sky laws of such jurisdictions of the United States where an exemption is not available and as Holder may reasonably request to enable it to consummate the disposition in such jurisdiction of the Option Shares (provided that the Company will not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this provision, or (B) the prospectus forming part consent to general service of the Registration Statementprocess in any such jurisdiction, and or (C) subject itself to taxation in any amendment or supplement thereto, does jurisdiction where it is not already subject to taxation);
e) notify Holder at any time during when a prospectus relating to the Option Shares is required to be delivered under the Securities Act, of the happening of any event as a result of which the prospectus included in the Registration Period include Statement contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading and, subject to Section 5(a), the Company will prepare a supplement or amendment to such prospectus, so that, as thereafter delivered to purchasers of such shares, such prospectus will not contain any untrue statements of a material fact or omit to state a material any fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(if) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents cause all such comments as Option Shares to be listed on each securities exchange on which similar securities issued by the Holders (Company are then listed and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iiiobtain all necessary approvals for trading thereon;
g) provide to the Holders copies of any comments a transfer agent and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under registrar for all such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of Option Shares not later than the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(eh) notify upon the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening sale of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities Option Shares pursuant to the Registration Statement, direct the transfer agent to remove all restrictive legends from all certificates or other instruments evidencing the Option Shares;
i) With a view to making available to the Holder the benefits of certain rules and regulations of the SEC that at any time permit the sale of the Option Shares to the public without registration, so long as any Option Shares are outstanding, the Company shall use its commercially reasonable efforts for a period of two years following the Effective Date:
(1) to make and keep public information available, as those terms are understood and defined in Rule 144(c) under the Securities Act;
(f2) after becoming aware of such event, notify each to file with the SEC in a timely manner all reports and other documents required of the Holders who holds Registrable Company under the Exchange Act; and
(3) to furnish to the Holder upon any reasonable request a written statement by the Company as to its compliance with the public information requirements of Rule 144(c) under the Securities being sold (or, in Act; and
j) To advise the event of an underwritten offering, the managing underwriters) Holder promptly after it has received notice or obtained knowledge of the issuance by the Commission existence of any stop order by the SEC delaying or other suspension suspending the effectiveness of the Registration Statement or of the initiation or threat of any proceeding for that purpose, and to make every commercially reasonable effort to obtain the withdrawal of any order suspending the effectiveness of the Registration Statement at the earliest possible time time.
ii. Notwithstanding anything stated or implied to the contrary in Section 5(b)(i) above, the Company shall not be required to consent to any underwritten offering of the Option Shares or to any specific underwriter participating in any underwritten public offering of the Option Shares.
iii. Each Holder agrees that upon receipt of any notice from the Company of the happening of any event of the kind described in Section 5(b)(i)(e), and take all lawful action subject to effect the withdrawalSection 5(d), rescission or removal such Holder will forthwith discontinue such Holder’s disposition of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered Option Shares pursuant to the Registration Statement and enable registration statement relating to such certificates for Option Shares until such Holder’s receipt of the Registrable Securities copies of the supplemented or amended prospectus contemplated by Section 5(b)(i)(e) and, if so directed by the Company, will deliver to be the Company at the Company’s expense all copies, other than permanent file copies, then in such denominations or amountsHolder’s possession, as the case may be, as any of the Holders reasonably may request and registered in prospectus relating to such names Option Shares current at the time of receipt of such notice.
iv. Except as any of the Holders may request; andrequired by law, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected all expenses incurred by the Company to deliver to the transfer agent in complying with this Section 5, including but not limited to, all registration, qualification and filing fees, printing expenses, fees and disbursements of counsel and accountants for the Registrable Securities Company, blue sky fees and expenses (including fees and disbursements of counsel related to all blue sky matters) incurred in connection with copies any registration, qualification or compliance pursuant to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition this Section 5 shall be borne by the Holders Company. All underwriting discounts and selling commissions applicable to a sale incurred in connection with any registration of their Registrable Securities in accordance with Option Shares and the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event legal fees and other expenses of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement Holder shall be borne by such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockHolder.
Appears in 5 contracts
Sources: Option Agreement (Regen Biologics Inc), Option Agreement (Regen Biologics Inc), Option Agreement (Regen Biologics Inc)
Registration Procedures. If and whenever the Company ------------------------ is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, subject to Section 3(g), and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably commercially possible and during such period, the Holders Investors shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 4 contracts
Sources: Registration Rights Agreement (Worldwide Wireless Networks Inc), Registration Rights Agreement (Worldwide Wireless Networks Inc), Registration Rights Agreement (Worldwide Wireless Networks Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 4 contracts
Sources: Registration Rights Agreement (American Leisure Holdings, Inc.), Registration Rights Agreement (American Leisure Holdings, Inc.), Registration Rights Agreement (American Leisure Holdings, Inc.)
Registration Procedures. If and whenever the Company is required by In connection with any of the provisions of this Agreement registration pursuant to effect the registration of any of the Registrable Securities under the Securities ActSection 2, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possibleSection 3 or Section 4, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementprovisions of such Sections:
(a) (i) prepare and file with Prior to filing a Registration Statement covering Registrable Securities or related prospectus or any amendment or supplement thereto, the Commission such amendments and supplements Company shall furnish to the Registration Statement Holder and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions each underwriter, if any, of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any copies of such Registration Statement as proposed to be filed, and thereafter the Company shall furnish to the Holder shall desire to sell or otherwise dispose and underwriter, if any, without charge such number of copies of such Registration Statement, each amendment and supplement thereto (in each case including all exhibits thereto and documents incorporated by reference therein), the same prospectus included in such Registration Statement (including each preliminary prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to and any summary prospectus) and any other prospectus filed under Rule 415 promulgated 424 or Rule 430A under the Securities ActAct and such other documents as the Holder or underwriter may reasonably request in order to facilitate the disposition of the Registrable Securities owned by the Holder. The Holder shall have the right to request that the Company modify any information contained in such Registration Statement, amendment and supplement thereto pertaining to the Holder and the Company shall use all reasonable efforts to comply with such request; provided, that the Company shall not have any obligation to so modify any information if the Company reasonably expects that so doing would cause the prospectus to contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading.
(b) In connection with any filing of any Registration Statement or prospectus or amendment or supplement thereto, the Company shall cause such document (i) to comply in all material respects with the requirements of the Securities Act and the rules and regulations of the SEC thereunder and (ii) take all lawful action such that each with respect to information supplied by or on behalf of (A) the Company for inclusion in the Registration Statement and Statement, to not contain any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein not misleading.
(c) The Company shall promptly notify the Holder and the underwriter(s) and, if requested by the Holder or the underwriter(s), confirm in light writing, when a Registration Statement has become effective and when any post-effective amendments and supplements thereto become effective.
(d) The Company shall furnish counsel for each underwriter, if any, and the Qualified Shareholders with copies of any written comments from the circumstances under which they were made, not misleading and SEC or any state securities authority or any written request by the SEC or any state securities authority for amendments or supplements to a Registration Statement or prospectus or for additional information generally.
(Be) After the prospectus forming part filing of the Registration Statement, and the Company shall (i) cause the related prospectus to be supplemented by any amendment required prospectus supplement, and, as so supplemented, to be filed pursuant to Rule 424 under the Securities Act, (ii) comply with the provisions of the Securities Act with respect to the disposition of all Registrable Securities covered by such Registration Statement during the applicable period in accordance with the intended methods of disposition by the Holder set forth in such Registration Statement or supplement theretoto such prospectus and (iii) promptly notify the Holder of any stop order issued or threatened by the SEC or any state securities commission and use all reasonable best efforts to prevent the entry of such stop order or to remove it if entered.
(f) The Company shall use all reasonable best efforts to (i) register or qualify the Registrable Securities covered by such Registration Statement under such securities or “blue sky” Laws of such jurisdictions in the United States as the Holder reasonably (in light of the Holder’s intended plan of distribution) requests and (ii) cause such Registrable Securities to be registered with or approved by such other governmental agencies or authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that may be reasonably necessary or advisable to enable the Holder to consummate the disposition of the Registrable Securities owned by the Holder; provided, does that the Company shall not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section 7(f), (B) subject itself to taxation in any such jurisdiction or (C) consent to general service of process in any such jurisdiction.
(g) The Company shall use reasonable best efforts to provide a transfer agent, registrar and CUSIP number for all such Registrable Securities not later than the effective date of such Registration Statement.
(h) The Company shall use reasonable best efforts to cooperate with the Holder and the underwriter or managing underwriter, if any, to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold and not bearing any restrictive legends; and enable such Registrable Securities to be in such denominations (consistent with the provisions of the governing documents thereof) and registered in such names as the Holder or the underwriter or managing underwriter, if any, may reasonably request at least two (2) Business Days prior to any sale of Registrable Securities.
(i) The Company shall immediately notify the Holder to the extent it has Registrable Securities covered by such Registration Statement, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the occurrence of an event requiring the preparation of a supplement or amendment to such prospectus so that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus will not contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading and promptly prepare and make available to the Holder and file with the SEC any such supplement or amendment subject to any suspension rights contained herein.
(i) The Holder shall have the right to select an underwriter or underwriters in connection with any Underwritten Offering resulting from the exercise of a Demand Registration or Shelf Take-Down upon consultation with the Company and (ii) the Company shall have the right to select an underwriter or underwriters in connection with any other Underwritten Offering. In connection with any Public Offering, the Company shall enter into customary agreements (including an underwriting agreement in customary form) and take all other actions as are reasonably required and customary in order to expedite or facilitate the disposition of such Registrable Securities in any such Public Offering, including the engagement of a “qualified independent underwriter” in connection with the qualification of the underwriting arrangements with FINRA.
(k) Upon execution of confidentiality agreements in form and substance reasonably satisfactory to the Company, the Company shall make available during regular business hours for inspection by the Holder and any underwriter participating in any disposition pursuant to a Registration Period include Statement being filed by the Company pursuant to this Section 7 and any attorney, accountant or other professional retained by the Holder or underwriter (collectively, the “Inspectors”), all financial and other records, pertinent corporate documents and properties of the Company (collectively, the “Records”) as shall be reasonably necessary or desirable to enable them to exercise their due diligence responsibility, and use its reasonable best efforts to cause the Company’s officers, directors and employees to supply all information reasonably requested by any Inspectors in connection with such Registration Statement (including by participation in a reasonable number of diligence calls); provided, that that the Company shall not be obligated to provide such Records if the Company determines, in its reasonable judgment, that doing so could violate applicable Law, waive the protection of an attorney-client privilege or other legal privilege or expose the Company to risk of liability for disclosure of sensitive or personal information. Records that the Company determines, in good faith, to be confidential and that it notifies the Inspectors are confidential shall not be disclosed by the Inspectors unless (i) the disclosure of such Records is necessary to avoid or correct a misstatement or omission in such Registration Statement or (ii) the release of such Records is required pursuant to applicable Law or regulation or judicial process. The Holder agrees that information obtained by it as a result of such inspections shall be deemed confidential and shall not be used by it or its Affiliates as the basis for any market transactions in the Company Securities unless and until such information is made generally available to the public. The Holder further agrees that, upon learning that disclosure of such Records is sought in a court of competent jurisdiction, it shall give notice to the Company and allow the Company, at its expense, to undertake appropriate action to prevent disclosure of the Records deemed confidential.
(l) The Company shall furnish to the Holder and to each such underwriter, if any, a signed counterpart, addressed to the Holder or underwriter, of (i) an opinion or opinions of counsel to the Company and (ii) a comfort letter or comfort letters from the Company’s independent certified public accountants, each in customary form and covering such matters of the kind customarily covered by opinions or comfort letters, as the case may be, as the managing underwriter therefor reasonably requests.
(m) The Company shall use reasonable best efforts to ensure that any free-writing prospectus utilized in connection with any Demand Registration, Shelf Take-Down or other offering off of a Shelf Registration Statement or Piggyback Registration hereunder complies in all material respects with the Securities Act, is filed in accordance with the Securities Act to the extent required thereby, is retained in accordance with the Securities Act to the extent required thereby and, when taken together with the related prospectus, shall not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(in) prior The Company shall otherwise use reasonable best efforts to the filing comply with the Commission of any Registration Statement (including any amendments thereto) all applicable rules and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each regulations of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement SEC, and make available to any prospectusits security holders, as applicablesoon as reasonably practicable, in conformity with an earnings statement or such other document that shall satisfy the requirements provisions of Section 11(a) of the Securities ActAct and Rule 158 thereunder.
(o) The Company may require the Holder promptly to furnish in writing to the Company the Notice, Agreement and Questionnaire and such other documents, as any of information regarding the Holders may reasonably request in order to facilitate the public sale or other disposition distribution of the Registrable Securities owned by as the Company may from time to time reasonably request and such Holderother information as may be legally required or the Company may deem reasonably advisable in connection with such registration and shall not have any obligation to include the Holder on any Registration Statement if the Notice, Agreement and Questionnaire or such other information is not promptly provided; provided, that, prior to excluding the Holder on the basis of its failure to provide the Notice, Agreement and (iii) provide Questionnaire or such other information, the Company must furnish in writing a reminder to the Holders copies Holder requesting the Notice, Agreement and Questionnaire and such other information at least three (3) days prior to filing the applicable Registration Statement.
(p) The Holder agrees that, upon receipt of any comments and communications notice from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included kind described in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period7(i), the Holders Holder shall not make any sales forthwith discontinue disposition of Registrable Securities pursuant to the Registration Statement;Statement covering such Registrable Securities until the Holder’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 7(i), and, if so directed by the Company, the Holder shall deliver to the Company all copies, other than any permanent file copies then in the Holder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such notice. If the Company shall give such notice, the Company shall extend the period during which such Registration Statement shall be maintained effective by the number of days during the period from and including the date of the giving of notice pursuant to Section 7(i) to the date when the Company shall make available to the Holder a prospectus supplemented or amended to conform with the requirements of Section 7(i).
(fq) after becoming aware of The Company shall use all reasonable best efforts to list all Registrable Securities covered by such event, notify each Registration Statement on any securities exchange or quotation system on which such Registrable Securities are then listed or traded.
(r) The Company shall have appropriate officers of the Holders who holds Registrable Securities being sold Company (or, in the event of an underwritten offering, the managing underwritersi) of the issuance by the Commission of prepare and make presentations at any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time “road shows” and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation before analysts and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amountsrating agencies, as the case may be, (ii) otherwise use their reasonable best efforts to cooperate as any reasonably requested by the underwriters in the offering, marketing or selling of the Holders Registrable Securities, including, by executing customary underwriting agreements, (iii) as reasonably may request requested by the Holder, meet with and registered provide information to purchasers in such names privately negotiated transactions, and (iv) otherwise use their reasonable best efforts to cooperate as any reasonably requested by the Holder in the marketing of the Holders may request; andRegistrable Securities.
(s) The Company shall use reasonable efforts, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by in coordination with and in consideration of the Commission, deliver requirements of the registrar and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction andSecurities, to develop and implement procedures to facilitate compliance with Rule 15c6-1(a) under the extent necessary, an opinion Exchange Act for sales of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Shelf Registration Statement such information as the managers reasonably agree should be included therein in ordinary brokerage transactions and to transactions in which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockbroker dealer solicits purchasers.
Appears in 4 contracts
Sources: Registration and Investor Rights Agreement (Kestrel Group LTD), Combination Agreement (Maiden Holdings, Ltd.), Combination Agreement (Maiden Holdings, Ltd.)
Registration Procedures. If and whenever In the Company is required by any case of the provisions of this Agreement to effect the each registration of any of the Registrable Securities under the Securities Acteffected pursuant to Sections 1.3 and 1.4 hereof, the Company Oragenics shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementuse its commercially reasonable efforts to:
(a) Prepare and file with the SEC a registration statement with respect to such Registrable Securities and use commercially reasonable efforts to cause such registration statement to become effective, and, upon the request of the Holders of a majority of the Registrable Securities registered thereunder, keep such registration statement effective for up to one hundred twenty (i120) days, or until the completion of the distribution of the Registrable Securities, whichever comes first.
(b) prepare and file with the Commission SEC such amendments and supplements to the Registration Statement registration statement and the prospectus used in connection therewith with such registration statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all securities covered by such registration statement for up to one hundred twenty (120) days;
(c) furnish such number of prospectuses and other documents incident thereto, including any amendment of or supplement to the prospectus, as a Holder from time to time may reasonably request;
(d) notify each Holder of Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and and, at the Company shall request of any Holder, prepare and file furnish to such Holder a curative reasonable number of copies of a supplement to or an amendment under Section 6(a) of such prospectus as quickly may be necessary so that, as reasonably possible thereafter delivered to the purchasers of such Registrable Securities, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing; provided, however, Oragenics shall not be obligated to prepare and during furnish any such periodprospectus supplements or amendments relating to any material nonpublic information at any such time as the Board of Directors of Oragenics has determined that, for good business reasons, the Holders disclosure of such material nonpublic information at that time is contrary to the best interests of Oragenics in the circumstances and is not otherwise required under applicable law (including applicable securities laws); and provided, further, such obligation shall not make any sales continue until the earlier of (i) the sale of all Registrable Securities registered pursuant to the Registration Statement;registration statement of which the prospectus forms a part or (ii) withdrawal of such registration statement.
(e) in the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter of such offering, and each Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement.
(f) after becoming aware use its reasonable efforts to register and qualify the securities covered by such registration statement under such other securities or blue sky laws of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance jurisdictions as shall be reasonably requested by the Commission Holders; provided, however, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any stop order such states or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;jurisdictions.
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the cause all such Registrable Securities registered pursuant hereunder to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be listed on each securities exchange and/or included in such denominations any national quotation system on which similar securities issued by Oragenics are then listed or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counselincluded;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain provide a transfer agent and registrar for all Registrable Securities registered pursuant to such registration statement and a CUSIP number for all such Registrable Securities, in each case not later than the Common Stockeffective date of such registration; and
(i) otherwise use its commercially reasonable efforts to comply with all applicable rules and regulations of the SEC, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering a period of at least twelve (12) months, but not more than eighteen (18) months, beginning with the first month after the effective date of the registration statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act.
Appears in 4 contracts
Sources: Registration Rights Agreement (Oragenics Inc), Registration Rights Agreement (Oragenics Inc), Registration Rights Agreement (Oragenics Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Lenders' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Lenders shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Lenders as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Lenders (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Lender such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Lender may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soLender;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Lenders shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Lender to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderLender;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Lender at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Lender who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Lenders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Lenders reasonably may request and registered in such names as any of the Holders Lenders may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersLenders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Lenders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 4 contracts
Sources: Loan Agreement (McGlen Internet Group Inc), Registration Rights Agreement (Pawnbroker Com Inc), Registration Rights Agreement (Aquis Communications Group Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-post- effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-post- effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 4 contracts
Sources: Convertible Debenture and Warrants Purchase Agreement (Famous Fixins Inc), Convertible Debenture and Warrants Purchase Agreement (Famous Fixins Inc), Convertible Debenture and Warrants Purchase Agreement (Famous Fixins Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possibleexercise reasonable efforts to, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action reasonable efforts such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period (except as otherwise provided in this Agreement) include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(db) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange;
(ec) subject to Section 3, notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement5(a);
(fd) as promptly as practicable after becoming aware of such event, notify each of the Holders Purchaser who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all such lawful action reasonable efforts to effect the withdrawal, rescission recission or removal of such stop order or other suspension;
(ge) cooperate with the Holders Purchaser to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Purchaser reasonably may request and registered in such names as any of the Holders Purchaser may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver pursuant to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counselPurchase Agreement;
(hf) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(jg) maintain a transfer agent and registrar for the its Common Stock.
Appears in 4 contracts
Sources: Common Stock Purchase Agreement (Pro Net Link Corp), Common Stock Purchase Agreement (Pro Net Link Corp), Registration Rights Agreement (Pro Net Link Corp)
Registration Procedures. If and whenever 5.1 In the case of each registration effected by the Company is required by any of the provisions of pursuant to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActAgreement, the Company shall (except will keep each Holder advised in writing as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance initiation of each registration and cooperation as reasonably required with respect to each Registration Statementthe completion thereof and will, at its expense:
(a) use all reasonable efforts to keep such registration effective for a period of 180 days or until the Holder or Holders have completed the distribution described in the registration statement relating thereto, whichever first occurs; provided, however, that the Company will keep such registration effective for longer than 180 days if the costs and expenses associated with such extended registration are borne by the selling Holders;
(ib) prepare Prepare and file with the Commission such amendments and supplements to the Registration Statement such registration statement and the prospectus used in connection therewith with such registration statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all securities covered by such registration statement;
(c) Furnish such number of prospectuses and other documents incident thereto, including any amendment of or supplement to the prospectus, as a Holder from time to time may reasonably request;
(d) Notify each seller of Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and at the request of any such seller, prepare and furnish to such seller a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such shares, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing;
(e) List all such Registrable Securities registered in such registration on each securities exchange or automated quotation system on which the Common Stock of the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementis then listed;
(f) after becoming aware Provide a transfer agent and registrar for all Registrable Securities and a CUSIP number for all such Registrable Securities, in each case not later than the effective date of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionregistration;
(g) cooperate with the Holders to facilitate the timely preparation and delivery Make available for inspection by any seller of certificates for the Registrable Securities to be offered Securities, any underwriter participating in any disposition pursuant to the Registration Statement such registration statement, and enable any attorney or accountant retained by any such certificates for the Registrable Securities to be in such denominations seller or amountsunderwriter, as the case may beall financial and other records, as any pertinent corporate documents and properties of the Holders reasonably may request and registered in such names as any of the Holders may request; andCompany, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected the Company's officers and directors to supply all information reasonably requested by the Company to deliver to the transfer agent for the Registrable Securities (any such seller, underwriter, attorney or accountant in connection with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counselregistration statement;
(h) take all Furnish to each selling Holder upon request a signed counterpart, addressed to each such other lawful actions selling Holder, of
(i) an opinion of counsel for the Company, dated the effective date of the registration statement in form reasonably necessary acceptable to expedite the Company and facilitate the disposition such counsel, and
(ii) comfort" letters signed by the Holders of their Registrable Securities in accordance with Company's independent public accountants who have examined and reported on the intended methods therefor provided Company's financial statements included in the prospectus which registration statement, to the extent permitted by the standards of the American Institute of Certified Public Accountants, covering such matters as are customary for issuers customarily covered in opinions of issuer's counsel and accountants' "comfort" letters delivered to perform under the circumstancesunderwriters in underwritten public offerings of securities;
(i) in the event Furnish to each selling Holder upon request a copy of an underwritten offering, promptly include all documents filed with and all correspondence from or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement Commission in connection with any such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendmentoffering; and
(j) maintain Make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve months, but not more than eighteen months, beginning with the first month after the effective date of the Registration Statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act.
5.2 It shall be a transfer agent condition precedent to the obligations of the Company to take any action pursuant to this Agreement that the Holders proposing to register Registrable Securities shall furnish to the Company such information regarding themselves, the Registrable Securities held by them, and registrar for their intended method of distribution of such Registrable Securities as the Common StockCompany shall reasonably request and as shall be required in connection with the action to be taken by the Company; provided that no Holder shall be required to make any representations or warranties to or agreements (other than a lock-up agreement pursuant to Section 11) with the Company or the underwriters, other than representations, warranties or agreements regarding the Holder, its Registrable Securities and its intended method of distribution and any other representation required by law.
5.3 In connection with the preparation and filing of each registration statement under this Agreement, the Company will give the Holders on whose behalf such Registrable Securities are to be registered and their underwriters, if any, and their respective counsel and accountants, the opportunity to review such registration statement, each prospectus included therein or filed with the Commission, and each amendment thereof or supplement thereto, and will give each such Holder such access to the Company's books and records and such opportunities to discuss the business of the Company with its officers, its counsel and the independent public accountants who have certified the Company's financial statements, as shall be necessary, in the opinion of such Holders or such underwriters or their respective counsel, in order to conduct a reasonable and diligent investigation within the meaning of the Securities Act.
Appears in 4 contracts
Sources: Registration Rights Agreement (Incentra Solutions, Inc.), Registration Rights Agreement (Incentra Solutions, Inc.), Registration Rights Agreement (Incentra Solutions, Inc.)
Registration Procedures. If and whenever the The Company is required by agrees that it will furnish to each holder of Registrable Stock such number of prospectuses, offering circulars or other documents incident to any of the provisions of this Agreement registration, qualification or compliance referred to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), Section 19 as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission any such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities holder from time to time in connection with a registration statement pursuant to Rule 415 promulgated under reasonably may request, and will indemnify each such holder and any underwriter of Registrable Stock (and any person who controls such holder or underwriter within the meaning of Section 15 of the Securities Act) against all claims, losses, damages, liabilities and (ii) take all lawful action such that each of (A) the Registration Statement and expenses resulting from any amendment thereto does not, when it becomes effective, contain an untrue statement or alleged untrue statement of a material fact contained therein (or omit in any related registration statement, notification or the like) or from any omission or alleged omission to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading misleading, except insofar as the same may have been based upon information furnished in writing to the Company by such holder or underwriter expressly for use therein, and with respect to such information furnished to the Company such holder will indemnify the Company, its directors, each of its officers who signs the registration statement, offering circular or any other document incident to such registration, qualification or compliance, the underwriter (if any) and each person who controls such underwriter or the Company (within the meaning of Section 15 of the Securities Act) against all claims, losses, damages, liabilities and expenses resulting from any untrue statement or alleged untrue statement of a material fact contained therein or from any omission or alleged omission to state a material fact required to be stated or necessary to make the information not misleading. In addition, the Company will enter into an underwriting agreement in the light form then currently in use by underwriters and consistent with provisions of this Section 19 with the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
underwriters (f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwritersif any) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 4 contracts
Sources: Warrant Agreement (World Wide Magic Net Inc), Warrant Agreement (World Wide Magic Net Inc), Warrant Agreement (World Wide Magic Net Inc)
Registration Procedures. If and whenever the Company is required by any (a) In case of the provisions of Shelf Registration Statement effected by the Issuer subject to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActArticle 6, the Company Issuer shall (except keep the Investor, on behalf of each Holder, advised in writing as otherwise provided in this Agreement)to the initiation of such registration, and as expeditiously as possibleto the completion thereof. In addition, subject to Section 6.2 above, the Holders’ assistance and cooperation as reasonably required with respect Issuer shall, to each the extent applicable to the Shelf Registration Statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Shelf Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration, effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any of thereby during the Holder shall desire period referred to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) Section 6.2, and (ii) take all lawful action such that each of (A) the Shelf Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration Statementprospectus, and any amendment or supplement thereto, does not at any time during the Registration Period while it is effective include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(iii) prior to update, correct, amend and supplement the filing with the Commission of any Shelf Registration Statement as necessary;
(including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (iiiii) furnish to each such number of the Holders such numbers of copies of a prospectus prospectuses, including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Actprospectuses, and such other documents, documents incident thereto as any of the Holders Holder may reasonably request in order from time to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do sotime;
(civ) use its commercially reasonable efforts to register and or qualify the such Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall United States where an exemption is not available and as Holder may reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder it to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by (provided that the Issuer will not be required to (i) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this provision, or (ii) consent to general service of process in any such Holderjurisdiction, or (iii) subject itself to taxation in any jurisdiction where it is not already subject to taxation);
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(ev) notify the Holders Holder at any time when a prospectus relating thereto covered by to the Registration Statement Registrable Securities is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Shelf Registration Statement, as then in effect, includes Statement contains an untrue statement of a material fact or omits to state a material any fact required to be stated therein or necessary to make the statements therein not misleading misleading, and the Issuer shall as promptly as commercially reasonable prepare a supplement or amendment to such prospectus, so that, as thereafter delivered to purchasers of such shares, such prospectus will not contain any untrue statements of a material fact or omit to state any fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;
(vi) cause all such Registrable Securities to be listed on each securities exchange on which similar securities issued by the Issuer are then existing, listed and obtain all necessary approvals from the Company shall prepare AMEX for trading thereon;
(vii) provide a transfer agent and file a curative amendment under Section 6(aregistrar for all such Registrable Securities not later than the effective date of the Shelf Registration Statement;
(viii) as quickly as reasonably possible and during such period, upon the Holders shall not make sale of any sales of Registrable Securities pursuant to the Shelf Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to direct the transfer agent for to remove all restrictive legends from all certificates or other instruments evidencing the Registrable Securities (with copies to the Holders) an appropriate instruction Securities; and, to the extent necessary, an opinion of such counsel;
(hix) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Holder of their its Registrable Securities in accordance with the intended methods therefor therefore provided in the prospectus which are customary for issuers to perform under the circumstances;.
(ib) Notwithstanding anything stated or implied to the contrary in Section 6.3(a) above, the Issuer shall not be required to consent to any underwritten offering of the Registrable Securities or to any specific underwriter participating in any underwritten public offering of the Registrable Securities.
(c) Each Holder agrees that upon receipt of any notice from the Issuer of the happening of any event of an underwritten offeringthe kind described in Section 6.3(a)(v), promptly include or incorporate in a prospectus supplement or post-effective amendment such Holder will forthwith discontinue such Holder’s disposition of Registrable Securities pursuant to the Registration Statement registration statement relating to such information as Registrable Securities until such Holder’s receipt of the managers reasonably agree should be included therein and copies of the supplemented or amended prospectus contemplated by Section 6.3(a)(v) and, if so directed by the Issuer, will deliver to which the Company does not reasonably object and make Issuer at the Issuer’s expense all required filings copies, other than permanent file copies, then in such Holder’s possession, of the prospectus relating to such Registrable Securities current at the time of receipt of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; andnotice.
(jd) maintain a transfer agent Except as required by law, all expenses incurred by the Issuer in complying with this Article 6, including but not limited to, all registration, qualification and registrar filing fees, printing expenses, fees and disbursements of counsel and accountants for the Common StockIssuer, blue sky fees and expenses (including fees and disbursements of counsel related to all blue sky matters) (“Registration Expenses”) incurred in connection with any registration, qualification or compliance pursuant to this Article 6 shall be borne by the Issuer. All underwriting discounts and selling commissions applicable to a sale incurred in connection with any registration of Registrable Securities and the legal fees and other expenses of a Holder shall be borne by such Holder.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Axesstel Inc), Stock Purchase Agreement (Axesstel Inc), Stock Purchase Agreement (Axesstel Inc)
Registration Procedures. If and whenever In connection with any Shelf Registration Statement and, to the Company is required by extent applicable, any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActExchange Offer Registration Statement, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) The Company shall ensure that (i) prepare and file with the Commission such amendments and supplements to the any Registration Statement and the prospectus used any amendment thereto and any Prospectus forming part thereof and any amendment or supplement thereto complies in connection therewith as may be necessary to keep such Registration Statement effective and to comply all material respects with the provisions of Act and the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) rules and regulations thereunder, (ii) take all lawful action such that each of (A) the any Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein not misleading and (iii) any Prospectus forming part of any Registration Statement, and any amendment or supplement to such Prospectus, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements, in the light of the circumstances under which they were made, not misleading misleading.
(1) The Company shall advise the Initial Purchasers and, in the case of a Shelf Registration Statement, the Holders of Transfer Restricted Securities covered thereby, and, if requested by the Initial Purchasers or any such Holder, confirm such advice in writing when a Registration Statement and any amendment thereto has been filed with the Commission and when the Registration Statement or any post-effective amendment thereto has become effective.
(B2) The Company shall advise the prospectus forming part Initial Purchasers and, in the case of a Shelf Registration Statement, the Holders of Transfer Restricted Securities covered thereby, and, in the case of an Exchange Offer Registration Statement, any Exchanging Dealer which has provided in writing to the Company a telephone or facsimile number and address for notices, and, if requested by the Initial Purchasers or any such Holder or Exchanging Dealer, confirm such advice in writing:
(i) of any request by the Commission for amendments or supplements to the Registration Statement or the Prospectus included therein or for additional information;
(ii) of the initiation by the Commission of proceedings relating to a stop order suspending the effectiveness of the Registration Statement, and ;
(iii) of the issuance by the Commission of any amendment or supplement thereto, does not at any time during stop order suspending the effectiveness of the Registration Period include an Statement;
(iv) of the receipt by the Company of any notification with respect to the suspension of the qualification of the securities included therein for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; and
(v) of the existence of any fact and the happening of any event (including, without limitation, pending negotiations relating to, or the consummation of, a transaction or the occurrence of any event which would require additional disclosure of material non-public information by the Company in the Shelf Registration Statement as to which the Company has a bona fide business purpose for preserving confidential or which renders the Company unable to comply with Commission requirements) that, in the opinion of the Company, makes untrue any statement of a material fact made in its Shelf Registration Statement, the Prospectus or any amendment or supplement thereto or any document incorporated by reference therein or requires the making of any changes in the Registration Statement or the Prospectus so that, as of such date, the statements therein are not misleading and do not omit to state a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus, in light of the circumstances under which they were made) not misleading. Such advice may be accompanied by an instruction to suspend the use of the Prospectus until the requisite changes have been made.
(c) The Company shall use its best efforts to obtain the withdrawal of any order suspending the effectiveness of any Registration Statement at the earliest possible time.
(d) The Company shall use its best efforts to furnish to each selling Holder included within the coverage of any Shelf Registration Statement who so requests in writing and who has provided to the Company an address for notices, without charge, at least one conformed copy of such Shelf Registration Statement and any post-effective amendment thereto, including financial statements and, if the Holder so requests in writing, all exhibits and schedules (including those incorporated by reference).
(e) The Company shall, during the Shelf Registration Period, deliver to each Holder of Transfer Restricted Securities covered by any Shelf Registration Statement and who has provided to the Company an address for notices, without charge, as many copies of the Prospectus (including each preliminary Prospectus) contained in such Shelf Registration Statement and any amendment or supplement thereto as such Holder may reasonably request; subject to any notice by the Company in accordance with Section 6(b) hereof, the Company consents to the use of the Prospectus or any amendment or supplement thereto by each of the selling Holders for the purposes of offering and resale of the Transfer Restricted Securities covered by the Prospectus in accordance with the applicable regulations promulgated under the Act.
(f) The Company shall furnish to each Exchanging Dealer, which so requests in writing, without charge, at least one copy of the Exchange Offer Registration Statement and any post-effective amendment thereto, including financial statements, and, if the Exchanging Dealer so requests in writing, any documents incorporated by reference therein and all exhibits and schedules (including those incorporated by reference).
(g) The Company shall, during the Exchange Offer Registration Period, promptly deliver to each Exchanging Dealer, without charge, as many copies of the Prospectus included in such Exchange Offer Registration Statement and any amendment or supplement thereto as such Exchanging Dealer may reasonably request for delivery by such Exchanging Dealer in connection with a sale of Exchange Notes received by it pursuant to the Registered Exchange Offer; the Company consents to the use of the Prospectus or any amendment or supplement thereto by any such Exchanging Dealer for the purposes contemplated by the Act or the applicable regulations promulgated under the Act.
(h) Prior to the Registered Exchange Offer or any offering of Transfer Restricted Securities pursuant to any Registration Statement, the Company shall register or qualify or cooperate with the Holders of Transfer Restricted Securities named therein and their respective counsel in connection with the registration or qualification of such Transfer Restricted Securities for offer and sale under the securities or blue sky laws of such jurisdictions of the United States as any such Holders reasonably request in writing not later than the date that is five business days prior to the date upon which this Agreement specifies that the Registration Statement shall become effective; provided, however, that the Company will not be required to qualify generally to do business in any jurisdiction where it is not then so qualified or to take any action which would subject it to general service of process or to taxation in any such jurisdiction where it is not then so subject.
(i) The Company shall endeavor to cooperate with the Holders of Transfer Restricted Securities to facilitate the timely preparation and delivery of certificates representing Transfer Restricted Securities to be sold pursuant to any Registration Statement free of any restrictive legends and in such denominations and registered in such names as Holders may request in writing at least two business days prior to sales of securities pursuant to such Registration Statement.
(j) Upon the occurrence of any event contemplated by paragraph (b)(2)(v) hereof, the Company shall promptly prepare a post-effective amendment to any Registration Statement or an amendment or supplement to the related Prospectus or file any other required document so that as thereafter delivered to purchasers of the Transfer Restricted Securities covered thereby, the Prospectus will not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;; provided that in the event of a material business transaction (including, without limitation, pending negotiations relating to such a transaction) which would, in the opinion of counsel to the Company, require disclosure by the Company in the Shelf Registration Statement of material non-public information for which the Company has a bona fide business purpose for not disclosing, then for so long as such circumstances exist, the Company shall not be required to prepare and file a supplement or post-effective amendment hereunder.
(ik) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of Not later than the effective date of the Registration Statement, if the listing of any such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Acthereunder, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file cause to be provided a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates CUSIP/ISIN number for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations Notes or amountsExchange Notes, as the case may be, registered under such Registration Statement, and provide the applicable trustee with printed certificates for such Notes or Exchange Notes, in a form eligible for deposit with DTC, Euroclear or Clearstream, as any the case may be.
(l) The Company shall use its best efforts to comply with all applicable rules and regulations of the Holders Commission and shall make generally available to its security holders in a regular filing on Form 10-Q or 10-K an earnings statement satisfying the provisions of Rule 158 (which need not be audited) for the twelve-month period commencing after effectiveness of the Shelf Registration Statement.
(m) The Company shall cause the Indenture or the Exchange Notes Indenture, as the case may be, to be qualified under the Trust Indenture Act in a timely manner.
(n) The Company may require each Holder of Transfer Restricted Securities, which are to be sold pursuant to any Shelf Registration Statement, to furnish to the Company within 20 business days after written request for such information has been made by the Company, such information regarding the Holder and the distribution of such securities as the Company may from time to time reasonably may request and registered require for inclusion in such names Registration Statement and such other information as any may be necessary or advisable in the reasonable opinion of the Holders may request; andCompany and its counsel, within three Trading Days after a in connection with such Shelf Registration Statement which includes Registrable Statement. No Holder of Transfer Restricted Securities is declared effective shall be entitled to use the Prospectus unless and until such Holder shall have furnished the information required by this Section 5(n) and all such information required to be disclosed in order to make the Commission, deliver and cause legal counsel selected by information previously furnished to the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of by such counsel;Holder not materially misleading.
(ho) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offeringThe Company shall, if requested, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the a Shelf Registration Statement Statement, such information as the managers Managing Underwriters and Majority Holders reasonably agree should be included therein and to which the Company does not reasonably object and shall make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; provided, however, that the Company shall not be required to take any action pursuant to this Section 5(o) that would, in the opinion of counsel for the Company, violate applicable law or to include information the disclosure of which at the time would have an adverse effect on the business or operations of the Company and/or its subsidiaries, as determined in good faith by the Company.
(p) In the case of any Shelf Registration Statement, the Company shall enter into such agreements (including underwriting agreements) and take all other reasonably appropriate actions in order to expedite or facilitate the registration or the disposition of the Transfer Restricted Securities, and in connection therewith, if an underwriting agreement is entered into, cause the same to contain indemnification provisions and procedures no less favorable than those set forth in Section 8 (or such other provisions and procedures acceptable to the Majority Holders and the Managing Underwriters, if any), with respect to all parties to be indemnified pursuant to Section 8 from Holders of Notes to the Company.
(q) In the case of any Shelf Registration Statement, the Company shall:
(i) make reasonably available for inspection by representatives of the Holders of Transfer Restricted Securities to be registered thereunder, the Managing Underwriter participating in any disposition pursuant to such Registration Statement, and any attorney, accountant or other agent retained by the Holders or any such Managing Underwriter, at the office where normally kept during normal business hours, all financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries, and cause the Company's officers, directors and employees to supply all relevant information reasonably requested by the Holders or any Managing Underwriter, attorney, accountant or other agent in connection with any such Registration Statement as is customary for similar due diligence examinations; provided, however, that the foregoing inspection and information gathering shall be coordinated by the Managing Underwriters, if any, or by one counsel designated by the Holders and that such persons shall first agree in writing with the Company that any information that is designated in writing by the Company, in good faith, as confidential at the time of delivery of such information shall be kept confidential by such person, unless such disclosure is made in connection with a court proceeding or required by law, or such information becomes available to the public generally or through a third party without an accompanying obligation of confidentiality;
(ii) make such representations and warranties to the Holders of Transfer Restricted Securities registered thereunder and the underwriters, if any, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings and covering matters including, but not limited to, those set forth in the Purchase Agreement;
(iii) obtain opinions of counsel to the Company and updates thereof (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the Managing Underwriters, if any), addressed to each selling Holder and the underwriters, if any, covering such matters as are customarily covered in opinions requested in underwritten offerings and such other matters as may be reasonably requested by such Holders and underwriters;
(iv) obtain "cold comfort" letters (or, in the case of any person that does not satisfy the conditions for receipt of a "cold comfort" letter specified in Statement on Auditing Standards No. 72, an "agreed-upon procedures letter") and updates thereof from the independent certified public accountants of the Company (and, if necessary, any other independent certified public accountants of any subsidiary of the Company or of any business acquired by the Company for which financial statements and financial data are, or are required to be, included in the Registration Statement), addressed where reasonably practicable to each selling Holder of Transfer Restricted Securities registered thereunder and the underwriters, if any, in customary form and covering matters of the type customarily covered in "cold comfort" letters in connection with primary underwritten offerings; and
(jv) maintain a transfer agent deliver such documents and registrar for certificates as may be reasonably requested by the Common Stock.Majority Holders and the Managing Underwriters, if any, including those to evidence compliance with Section 5(j) and with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company. The foregoing actions set forth in clauses (ii), (iii), (iv) and (v) of this Section 5(q) shall, if reasonably requested by the Majority Holder or the Majority Underwriters, be performed at (A) the effectiveness of such Registration Statement and each post-effective amendment thereto and (B) each closing under any underwriting or similar agreement, as to the
Appears in 3 contracts
Sources: Registration Rights Agreement (NTL Communications Corp), Registration Rights Agreement (NTL Communications Corp), Registration Rights Agreement (NTL Communications Corp)
Registration Procedures. If and whenever the Company is required by any (a) In case of the provisions of Shelf Registration Statement effected by the Issuer subject to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 6, the Company Issuer shall (except keep the Investor, on behalf of Holder, advised in writing as otherwise provided in this Agreement)to the initiation of such registration, and as expeditiously as possibleto the completion thereof. In addition, subject to Section 6.2 above, the Holders’ assistance and cooperation as reasonably required with respect Issuer shall, to each the extent applicable to the Shelf Registration Statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Shelf Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration continuously effective and to comply with the provisions of the Securities Act with respect to the sale free from any material misstatement or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or omission necessary to make the statements therein, in light of the circumstances under which they were madecircumstances, not misleading misleading, and comply with provisions of the Securities Act with respect to the disposition of all securities covered thereby during the period referred to in Section 6.2;
(ii) update, correct, amend and supplement the Shelf Registration Statement as necessary;
(iii) notify the Holder promptly when the Shelf Registration Statement is declared effective by the SEC, and furnish such number of prospectuses, including preliminary prospectuses, and other documents incident thereto as Holder may reasonably request from time to time;
(iv) use its commercially reasonable efforts to register or qualify such Registrable Securities under such other securities or blue sky laws of such jurisdictions of the United States where an exemption is not available and as Holder may reasonably request to enable it to consummate the disposition in such jurisdiction of the Registrable Securities (provided that the Issuer will not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this provision, or (B) the prospectus forming part consent to general service of the Registration Statementprocess in any such jurisdiction, and or (C) subject itself to taxation in any amendment or supplement thereto, does jurisdiction where it is not already subject to taxation);
(v) notify Holder at any time during when a prospectus relating to the Registrable Securities is required to be delivered under the Securities Act, of the happening of any event as a result of which the prospectus included in the Shelf Registration Period include Statement contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading and the Issuer will prepare a supplement or amendment to such prospectus, so that, as thereafter delivered to purchasers of such shares, such prospectus will not contain any untrue statements of a material fact or omit to state a material any fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ivi) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents cause all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned to be listed on each securities exchange or national securities association on which similar securities issued by such Holder; the Issuer are then listed and (iii) provide to the Holders copies of any comments and communications obtain all necessary approvals from the Commission relating to the Registration Statement, if lawful to do soNASDAQ Stock Market for trading thereon;
(cvii) register provide a transfer agent and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and registrar for all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of not later than the effective date of the Shelf Registration Statement;
(viii) upon the sale of any Registrable Securities pursuant to the Shelf Registration Statement, if direct the listing of such transfer agent to remove all restrictive legends from all certificates or other instruments evidencing the Registrable Securities is then permitted under the rules of such marketsSecurities;
(eix) notify With a view to making available to the Holders Holder the benefits of certain rules and regulations of the SEC that at any time when permit the sale of the Registrable Securities to the public without registration, so long as any Registrable Securities are outstanding, the Issuer shall use its commercially reasonable efforts for a prospectus relating thereto covered by period of two years following the Registration Statement is required date of Closing:
(1) to be delivered make and keep public information available, as those terms are understood and defined in Rule 144(c) under the Securities Act;
(2) to file with the SEC in a timely manner all reports and other documents required of the Issuer under the Exchange Act; and
(3) to furnish to the Holder upon any reasonable request a written statement by the Issuer as to its compliance with the public information requirements of Rule 144(c) under the Securities Act; and
(x) To advise the Holder promptly after it has received notice or obtained knowledge of the existence of any stop order by the SEC delaying or suspending the effectiveness of the Shelf Registration Statement or of the initiation or threat of any proceeding for that purpose, and to make every commercially reasonable effort to obtain the withdrawal of any order suspending the effectiveness of the Shelf Registration Statement at the earliest possible time.
(b) Notwithstanding anything stated or implied to the contrary in Section 6.3(a) above, the Issuer shall not be required to consent to any underwritten offering of the Registrable Securities or to any specific underwriter participating in any underwritten public offering of the Registrable Securities.
(c) Each Holder agrees that upon receipt of any notice from the Issuer of the happening of any event of which it has knowledge as a result of which the prospectus included kind described in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existingSection 6.3(a)(v), and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales Holder will forthwith discontinue such Holder’s disposition of Registrable Securities pursuant to the Registration Statement;registration statement relating to such Registrable Securities until such Holder’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 6.3(a)(v) and, if so directed by the Issuer, will deliver to the Issuer at the Issuer’s expense all copies, other than permanent file copies, then in such Holder’s possession, of the prospectus relating to such Registrable Securities current at the time of receipt of such notice.
(fd) after becoming aware In addition to any discontinuance of such a Holder’s disposition of Registrable Securities under paragraph (c) above, the Issuer, upon the happening of any pending corporate development, public filing with the SEC or similar event, notify each of the Holders who holds Registrable Securities being sold (orthat, in the event of an underwritten offering, the managing underwriters) judgment of the issuance Issuer’s Board of Directors, renders it advisable to suspend use of the prospectus, may, for no more than thirty (30) days in the aggregate per event, suspend use of the prospectus, on written notice to each Holder (which notice will not disclose the content of any material non-public information and will indicate the date of the beginning and end of the intended period of suspension, if known), in which case each Holder shall discontinue disposition of Registrable Securities covered by the Commission registration statement related to such Registrable Securities or prospectus until copies of a supplemented or amended prospectus are distributed to the Holders or until the Holders are advised in writing by the Issuers that sales of Registrable Securities under the applicable prospectus may be resumed and have received copies of any stop order additional or other supplemental filings that are incorporated or deemed incorporated by reference in any such prospectus. The suspension and notice thereof described in this Section 6.3(d) shall be subject to the confidentiality provisions of Section 5.4 herein and shall not be disclosed by the effectiveness of Holders. The Issuer may not utilize the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;suspension described in this Section 6.3(d) more than two (2) times in any 12-month period.
(ge) cooperate Except as required by law, all expenses incurred by the Issuer in complying with the Holders to facilitate the timely preparation this Section 6, including but not limited to, all registration, qualification and delivery filing fees, printing expenses, fees and disbursements of certificates counsel and accountants for the Issuer, blue sky fees and expenses (including fees and disbursements of counsel related to all blue sky matters) incurred in connection with any registration, qualification or compliance pursuant to this Section 6 shall be borne by the Issuer. All underwriting discounts and selling commissions applicable to a sale incurred in connection with any registration of Registrable Securities to and the legal fees and other expenses of a Holder shall be offered pursuant to the Registration Statement and enable borne by such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockHolder.
Appears in 3 contracts
Sources: Subscription Agreement (Knot Inc), Subscription Agreement (Knot Inc), Subscription Agreement (Knot Inc)
Registration Procedures. If and whenever the Company is required by any of Subject to the provisions of this Agreement to effect Section 3.01 hereof, in connection with the registration of the sale of Registrable Securities hereunder, the Company will as promptly as reasonably practicable:
(a) furnish to the Investor, if requested, prior to the filing of a Registration Statement, copies of such Registration Statement as is proposed to be filed, and thereafter such number of copies of such Registration Statement, each amendment and supplement thereto (in each case including all exhibits thereto and documents incorporated by reference therein), the prospectus included in such Registration Statement (including each preliminary prospectus), any and all transmittal letters or other correspondence with the SEC relating to the Registration Statement and such other documents as the Investor may reasonably request from time to time in order to facilitate the disposition of the Registrable Securities Securities;
(b) notify the Investor, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the Company shall (except happening of any event as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and a result of which the prospectus used included in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain contains an untrue statement of a material fact or omit omits to state a any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading misleading, and (B) the Company will prepare a supplement or amendment to such prospectus forming part so that, as thereafter delivered to the purchasers of the Registration StatementRegistrable Securities, and any amendment or supplement thereto, does such prospectus will not at any time during the Registration Period include contain an untrue statement of a material fact or omit to state a any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;
(ic) prior enter into customary agreements (including an underwriting agreement in customary form that is reasonably satisfactory to the filing with the Commission of any Registration Statement (including any amendments theretoCompany) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof use commercially reasonable efforts to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and take such other documents, actions as any of the Holders may are reasonably request required in order to expedite or facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderSecurities;
(d) list make available for inspection by the Investor, any Underwriter participating in any disposition pursuant to such Registrable Securities on Registration Statement, and any attorney for the markets where Investor and the Common Stock Underwriter and any accountant or other agent retained by the Investor or any such Underwriter (collectively, the “Inspectors”), all financial and other records, pertinent corporate documents and properties of the Company (collectively, the “Records”) as shall be reasonably necessary to enable them to exercise their due diligence responsibility, and cause the officers, directors and employees of the Company and its subsidiaries to supply all information reasonably requested by any such Inspector in connection with such Registration Statement; provided, however, that (i) Records and information obtained hereunder shall be used by such Inspector only to exercise their due diligence responsibility, (ii) Records or information that the Company determines, in good faith, to be confidential shall not be disclosed by the Inspectors unless (x) the disclosure of such Records or information is listed necessary to avoid or correct a material misstatement or omission in the Registration Statement or (y) the release of such Records or information is ordered pursuant to a subpoena or other order from a court or governmental authority of competent jurisdiction and (iii) the Company may require, as a condition to the provision to any Inspector of any Records, that such Inspector execute and deliver to the Company a written agreement, in form and substance reasonably satisfactory to the Company, pursuant to which such Inspector agrees to the confidential treatment of such Records;
(e) use commercially reasonable efforts to obtain and deliver to the Underwriters and the Investor a comfort letter from the independent public accountants for the Company in customary form and covering such matters of the type customarily covered by comfort letters as such Underwriters and the Investor may reasonably request;
(f) use commercially reasonable efforts to obtain and deliver to the Underwriters and the Investor a 10b-5 statement and legal opinions from the Company’s counsel in customary form and covering such matters as customarily covered by 10b-5 statements and legal opinions as such Underwriters and the Investor may reasonably request;
(g) otherwise use commercially reasonable efforts to comply with all applicable rules and regulations of the SEC, and make generally available to its security holders, within the required time period, an earnings statement covering a period of twelve months, beginning with the first fiscal quarter after the effective date of the Registration Statement, if Statement (as the listing of such Registrable Securities term “effective date” is then permitted under the rules of such markets;
(edefined in Rule 158(c) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act), which earnings statement shall satisfy the provisions of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters11(a) of the issuance by the Commission of Securities Act and Rule 158 thereunder or any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;successor provisions thereto; and
(gh) cooperate with the Holders use commercially reasonable efforts to facilitate the timely preparation and delivery of certificates for the cause all Registrable Securities to be offered pursuant to listed or quoted on the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations exchange or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement automated quotation system on which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected similar securities issued by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include listed or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockquoted.
Appears in 3 contracts
Sources: Vessel Acquisition Agreement (DHT Holdings, Inc.), Investor Rights Agreement (DHT Holdings, Inc.), Investment Agreement (DHT Holdings, Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may proposepropose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents); (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such HolderInvestor; and (iii) provide to the Holders each Investor copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, subject to Section 3(g), and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably commercially possible and during such period, the Holders Investors shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 3 contracts
Sources: Convertible Debentures and Warrants Purchase Agreement (Calypte Biomedical Corp), Registration Rights Agreement (Calypte Biomedical Corp), Convertible Debentures and Warrants Purchase Agreement (Calypte Biomedical Corp)
Registration Procedures. If and whenever In connection with any Shelf Registration Statement and, to the Company is required by extent applicable, any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActExchange Offer Registration Statement, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) The Company shall ensure that (i) prepare and file with the Commission such amendments and supplements to the any Registration Statement and the prospectus used any amendment thereto and any Prospectus forming part thereof and any amendment or supplement thereto complies in connection therewith as may be necessary to keep such Registration Statement effective and to comply all material respects with the provisions of Act and the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) rules and regulations thereunder, (ii) take all lawful action such that each of (A) the any Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein not misleading and (iii) any Prospectus forming part of any Registration Statement, and any amendment or supplement to such Prospectus, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements, in the light of the circumstances under which they were made, not misleading misleading.
(1) The Company shall advise the Initial Purchasers and, in the case of a Shelf Registration Statement, the Holders of Transfer Restricted Securities covered thereby, and, if requested by the Initial Purchasers or any such Holder, confirm such advice in writing when a Registration Statement and any amendment thereto has been filed with the Commission and when the Registration Statement or any post-effective amendment thereto has become effective.
(B2) The Company shall advise the prospectus forming part Initial Purchasers and, in the case of a Shelf Registration Statement, the Holders of Transfer Restricted Securities covered thereby, and, in the case of an Exchange Offer Registration Statement, any Exchanging Dealer which has provided in writing to the Company a telephone or facsimile number and address for notices, and, if requested by the Initial Purchasers or any such Holder or Exchanging Dealer, confirm such advice in writing:
(i) of any request by the Commission for amendments or supplements to the Registration Statement or the Prospectus included therein or for additional information;
(ii) of the initiation by the Commission of proceedings relating to a stop order suspending the effectiveness of the Registration Statement, and ;
(iii) of the issuance by the Commission of any amendment or supplement thereto, does not at any time during stop order suspending the effectiveness of the Registration Period include an Statement;
(iv) of the receipt by the Company of any notification with respect to the suspension of the qualification of the securities included therein for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; and
(v) of the existence of any fact and the happening of any event (including, without limitation, pending negotiations relating to, or the consummation of, a transaction or the occurrence of any event which would require additional disclosure of material non-public information by the Company in the Shelf Registration Statement as to which the Company has a bona fide business purpose for preserving confidential or which renders the Company unable to comply with Commission requirements) that, in the opinion of the Company, makes untrue any statement of a material fact made in its Shelf Registration Statement, the Prospectus or any amendment or supplement thereto or any document incorporated by reference therein or requires the making of any changes in the Registration Statement or the Prospectus so that, as of such date, the statements therein are not misleading and do not omit to state a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus, in light of the circumstances under which they were made) not misleading. Such advice may be accompanied by an instruction to suspend the use of the Prospectus until the requisite changes have been made.
(c) The Company shall use its best efforts to obtain the withdrawal of any order suspending the effectiveness of any Registration Statement at the earliest possible time.
(d) The Company shall use its best efforts to furnish to each selling Holder included within the coverage of any Shelf Registration Statement who so requests in writing and who has provided to the Company an address for notices, without charge, at least one conformed copy of such Shelf Registration Statement and any post-effective amendment thereto, including financial statements and, if the Holder so requests in writing, all exhibits and schedules (including those incorporated by reference).
(e) The Company shall, during the Shelf Registration Period, deliver to each Holder of Transfer Restricted Securities covered by any Shelf Registration Statement and who has provided to the Company an address for notices, without charge, as many copies of the Prospectus (including each preliminary Prospectus) contained in such Shelf Registration Statement and any amendment or supplement thereto as such Holder may reasonably request; subject to any notice by the Company in accordance with Section 6(b) hereof, the Company consents to the use of the Prospectus or any amendment or supplement thereto by each of the selling Holders for the purposes of offering and resale of the Transfer Restricted Securities covered by the Prospectus in accordance with the applicable regulations promulgated under the Act.
(f) The Company shall furnish to each Exchanging Dealer, which so requests in writing, without charge, at least one copy of the Exchange Offer Registration Statement and any post-effective amendment thereto, including financial statements, and, if the Exchanging Dealer so requests in writing, any documents incorporated by reference therein and all exhibits and schedules (including those incorporated by reference).
(g) The Company shall, during the Exchange Offer Registration Period, promptly deliver to each Exchanging Dealer, without charge, as many copies of the Prospectus included in such Exchange Offer Registration Statement and any amendment or supplement thereto as such Exchanging Dealer may reasonably request for delivery by such Exchanging Dealer in connection with a sale of Exchange Notes received by it pursuant to the Registered Exchange Offer; the Company consents to the use of the Prospectus or any amendment or supplement thereto by any such Exchanging Dealer for the purposes contemplated by the Act or the applicable regulations promulgated under the Act.
(h) Prior to the Registered Exchange Offer or any offering of Transfer Restricted Securities pursuant to any Registration Statement, the Company shall register or qualify or cooperate with the Holders of Transfer Restricted Securities named therein and their respective counsel in connection with the registration or qualification of such Transfer Restricted Securities for offer and sale under the securities or blue sky laws of such jurisdictions of the United States as any such Holders reasonably request in writing not later than the date that is five business days prior to the date upon which this Agreement specifies that the Registration Statement shall become effective; provided, however, that the Company will not be required to qualify generally to do business in any jurisdiction where it is not then so qualified or to take any action which would subject it to general service of process or to taxation in any such jurisdiction where it is not then so subject.
(i) The Company shall endeavor to cooperate with the Holders of Transfer Restricted Securities to facilitate the timely preparation and delivery of certificates representing Transfer Restricted Securities to be sold pursuant to any Registration Statement free of any restrictive legends and in such denominations and registered in such names as Holders may request in writing at least two business days prior to sales of securities pursuant to such Registration Statement.
(j) Upon the occurrence of any event contemplated by paragraph (b)(2)(v) hereof, the Company shall promptly prepare a post-effective amendment to any Registration Statement or an amendment or supplement to the related Prospectus or file any other required document so that as thereafter delivered to purchasers of the Transfer Restricted Securities covered thereby, the Prospectus will not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;; provided that in the event of a material business transaction (including, without limitation, pending negotiations relating to such a transaction) which would, in the opinion of counsel to the Company, require disclosure by the Company in the Shelf Registration Statement of material non-public information for which the Company has a bona fide business purpose for not disclosing, then for so long as such circumstances exist, the Company shall not be required to prepare and file a supplement or post-effective amendment hereunder.
(ik) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of Not later than the effective date of the Registration Statement, if the listing of any such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Acthereunder, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file cause to be provided a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates CUSIP number for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations Notes or amountsExchange Notes, as the case may be, as any registered under such Registration Statement, and provide the applicable trustee with printed certificates for such Notes or Exchange Notes, in a form eligible for deposit with The Depository Trust Company.
(l) The Company shall use its best efforts to comply with all applicable rules and regulations of the Holders Commission and shall make generally available to its security holders in a regular filing on Form 10-Q or 10-K an earnings statement satisfying the provisions of Rule 158 (which need not be audited) for the twelve-month period commencing after effectiveness of the Shelf Registration Statement.
(m) The Company shall cause the Indenture or the Exchange Notes Indenture, as the case may be, to be qualified under the Trust Indenture Act in a timely manner.
(n) The Company may require each Holder of Transfer Restricted Securities, which are to be sold pursuant to any Shelf Registration Statement, to furnish to the Company within 20 business days after written request for such information has been made by the Company, such information regarding the Holder and the distribution of such securities as the Company may from time to time reasonably may request and registered require for inclusion in such names Registration Statement and such other information as any may be necessary or advisable in the reasonable opinion of the Holders may request; andCompany and its counsel, within three Trading Days after a in connection with such Shelf Registration Statement which includes Registrable Statement. No Holder of Transfer Restricted Securities is declared effective shall be entitled to use the Prospectus unless and until such Holder shall have furnished the information required by this Section 5(n) and all such information required to be disclosed in order to make the Commission, deliver and cause legal counsel selected by information previously furnished to the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of by such counsel;Holder not materially misleading.
(ho) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offeringThe Company shall, if requested, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the a Shelf Registration Statement Statement, such information as the managers Managing Underwriters and Majority Holders reasonably agree should be included therein and to which the Company does not reasonably object and shall make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; provided, however, that the Company shall not be required to take any action pursuant to this Section 5(o) that would, in the opinion of counsel for the Company, violate applicable law or to include information the disclosure of which at the time would have an adverse effect on the business or operations of the Company and/or its subsidiaries, as determined in good faith by the Company.
(p) In the case of any Shelf Registration Statement, the Company shall enter into such agreements (including underwriting agreements) and take all other reasonably appropriate actions in order to expedite or facilitate the registration or the disposition of the Transfer Restricted Securities, and in connection therewith, if an underwriting agreement is entered into, cause the same to contain indemnification provisions and procedures no less favorable than those set forth in Section 8 (or such other provisions and procedures acceptable to the Majority Holders and the Managing Underwriters, if any), with respect to all parties to be indemnified pursuant to Section 8 from Holders of Notes to the Company.
(q) In the case of any Shelf Registration Statement, the Company shall:
(i) make reasonably available for inspection by representatives of the Holders of Transfer Restricted Securities to be registered thereunder, the Managing Underwriter participating in any disposition pursuant to such Registration Statement, and any attorney, accountant or other agent retained by the Holders or any such Managing Underwriter, at the office where normally kept during normal business hours, all financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries, and cause the Company's officers, directors and employees to supply all relevant information reasonably requested by the Holders or any Managing Underwriter, attorney, accountant or other agent in connection with any such Registration Statement as is customary for similar due diligence examinations; provided, however, that the foregoing inspection and information gathering shall be coordinated by the Managing Underwriters, if any, or by one counsel designated by the Holders and that such persons shall first agree in writing with the Company that any information that is designated in writing by the Company, in good faith, as confidential at the time of delivery of such information shall be kept confidential by such person, unless such disclosure is made in connection with a court proceeding or required by law, or such information becomes available to the public generally or through a third party without an accompanying obligation of confidentiality;
(ii) make such representations and warranties to the Holders of Transfer Restricted Securities registered thereunder and the underwriters, if any, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings and covering matters including, but not limited to, those set forth in the Purchase Agreement;
(iii) obtain opinions of counsel to the Company and updates thereof (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the Managing Underwriters, if any), addressed to each selling Holder and the underwriters, if any, covering such matters as are customarily covered in opinions requested in underwritten offerings and such other matters as may be reasonably requested by such Holders and underwriters;
(iv) obtain "cold comfort" letters (or, in the case of any person that does not satisfy the conditions for receipt of a "cold comfort" letter specified in Statement on Auditing Standards No. 72, an "agreed-upon procedures letter") and updates thereof from the independent certified public accountants of the Company (and, if necessary, any other independent certified public accountants of any subsidiary of the Company or of any business acquired by the Company for which financial statements and financial data are, or are required to be, included in the Registration Statement), addressed where reasonably practicable to each selling Holder of Transfer Restricted Securities registered thereunder and the underwriters, if any, in customary form and covering matters of the type customarily covered in "cold comfort" letters in connection with primary underwritten offerings; and
(jv) maintain a transfer agent deliver such documents and registrar for certificates as may be reasonably requested by the Common Stock.Majority Holders and the Managing Underwriters, if any, including those to evidence compliance with Section 5(j) and with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company. The foregoing actions set forth in clauses (ii), (iii), (iv) and (v) of this Section 5(q) shall, if reasonably requested by the Majority Holder or the Majority Underwriters, be performed at (A) the effectiveness of such Registration Statement and each post-effective amendment thereto and (B) each closing under any underwriting or similar agreement, as to the extent required thereunder
Appears in 3 contracts
Sources: Registration Rights Agreement (NTL Inc /De/), Registration Rights Agreement (NTL Inc /De/), Registration Rights Agreement (NTL Inc /De/)
Registration Procedures. If and whenever the Company is required by any of Subject to the provisions of this Agreement to effect Sections 7.01 and 7.02 hereof, in connection with the registration of the sale of Registrable Securities hereunder, the Company will as promptly as reasonably practicable:
(a) furnish to the Investors holding Registrable Securities, if requested, prior to the filing of the applicable Registration Statement, copies of such applicable Registration Statement as is proposed to be filed, and thereafter such number of copies of such applicable Registration Statement, each amendment and supplement thereto (in each case including all exhibits thereto and documents incorporated by reference therein), the Prospectus, any and all transmittal letters or other correspondence with the SEC relating to the applicable Registration Statement and such other documents as the Investors may reasonably request from time to time in order to facilitate the disposition of the Registrable Securities Securities;
(b) notify each Investor, at any time when a Prospectus relating thereto is required to be delivered under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to happening of any event as a result of which the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain Prospectus contains an untrue statement of a material fact or omit omits to state a any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading misleading, and (B) the prospectus forming part Company will prepare a supplement or amendment to such Prospectus so that, as thereafter delivered to the purchasers of the Registration StatementRegistrable Securities, and any amendment or supplement thereto, does such Prospectus will not at any time during the Registration Period include contain an untrue statement of a material fact or omit to state a any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;
(ic) prior use commercially reasonable efforts to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders take such actions as are reasonably required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to expedite or facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderSecurities;
(d) list make available for inspection by the Investors holding Registrable Securities, any Underwriter participating in any disposition pursuant to such Registrable Securities on applicable Registration Statement, and any attorney for such Investors and the markets where Underwriter and any accountant or other agent retained by such Investors or any such Underwriter (collectively, the Common Stock “Inspectors”), all financial and other records, pertinent corporate documents and properties of the Company (collectively, the “Records”) as shall be reasonably necessary to enable them to exercise their due diligence responsibility, and cause the officers, directors and employees of the Company and its Subsidiaries to supply all information reasonably requested by any such Inspector in connection with such applicable Registration Statement; provided, however, that (i) Records and information obtained hereunder shall be used by such Inspector only to exercise their due diligence responsibility, (ii) Records or information that the Company determines, in good faith, to be confidential shall not be disclosed by the Inspectors unless (x) the disclosure of such Records or information is listed necessary to avoid or correct a material misstatement or omission in the Registration Statement or (y) the release of such Records or information is ordered pursuant to a subpoena or other order from a court or governmental authority of competent jurisdiction and (iii) the Company may require, as a condition to the provision to any Inspector of any Records, that such Inspector execute and deliver to the Company a written agreement, in form and substance reasonably satisfactory to the Company, pursuant to which such Inspector agrees to the confidential treatment of such Records;
(e) in connection with an underwritten offering pursuant to Section 7.02, enter into a customary underwriting agreement that is reasonably acceptable to the Company and use commercially reasonable efforts to obtain and deliver to the applicable Underwriters and the applicable Investors a comfort letter, legal opinions and a 10b-5 statement as set forth in such underwriting agreement;
(f) otherwise use commercially reasonable efforts to comply with all applicable rules and regulations of the SEC, and make generally available to its security holders, within the required time period, an earnings statement covering a period of twelve months, beginning with the first fiscal quarter after the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the applicable Registration Statement (as the term “effective date” is required to be delivered defined in Rule 158(c) under the Securities Act), which earnings statement shall satisfy the provisions of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters11(a) of the issuance by the Commission of Securities Act and Rule 158 thereunder or any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;successor provisions thereto; and
(g) cooperate with the Holders use commercially reasonable efforts to facilitate the timely preparation and delivery of certificates for the cause all Registrable Securities to be offered pursuant to listed or quoted on the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations exchange or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement automated quotation system on which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected similar securities issued by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include listed or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockquoted.
Appears in 3 contracts
Sources: Securities Purchase Agreement (DHT Holdings, Inc.), Stock Purchase Agreement (DHT Holdings, Inc.), Stock Purchase Agreement (DHT Holdings, Inc.)
Registration Procedures. If and whenever In the case of each registration effected by ----------------------- the Company is required by any of the provisions of pursuant to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActAgreement, the Company shall (except will keep each Holder who is entitled to registration rights hereunder advised in writing as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance initiation of each registration and cooperation as reasonably required with respect to each Registration Statementthe completion thereof. At its expense, the Company will:
(a) Except as otherwise provided herein, keep such registration effective for a period of six months or until such Holders, if any, have completed the distribution described in the registration statement relating thereto, whichever first occurs; provided, however, that in the case of any registration of Registrable Securities on Form S-3 that are intended to be offered on a continuous or delayed basis, such six month period shall be extended, if necessary, to keep the registration statement effective until all such Registrable Securities are sold;
(ib) prepare Prepare and file with the Commission such amendments and supplements to the Registration Statement such registration statement and the prospectus used in connection therewith with such registration statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all securities covered by such registration statement;
(c) Furnish such number of prospectuses and other documents incident thereto, including supplements and amendments, as a Holder may reasonably request;
(d) Notify each seller of Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant at any time when a prospectus relating thereto is required to Rule 415 promulgated be delivered under the Securities Act) and (ii) take all lawful action Act of the happening of any event as a result of which the prospectus included in such that each of (A) the Registration Statement and any amendment thereto does notregistration statement, when it becomes effectiveas then in effect, contain includes an untrue statement of a material fact or omit omits to state a material fact required to be stated therein or necessary to make the statements therein, therein not misleading or incomplete in the light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statementthen existing, and at the request of any such seller, prepare and furnish to such seller a reasonable number of copies of a supplement to or an amendment or supplement theretoof such prospectus as may be necessary so that, does as thereafter delivered to the purchaser of such shares, such prospectus shall not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and ;
(e) Cause all such Registrable Securities to be listed on each securities exchange or interdealer quotation system on which the same securities issued by the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementare then listed;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain Provide a transfer agent and registrar for all such Registrable Securities and a CUSIP number for all such Registrable Securities not later than the Common Stock.effective date of such registration;
(g) Make available for inspection by any seller of Registrable Securities, any underwriter participating in any disposition pursuant to such registration statement, and any attorney or accountant retained by any such seller or underwriter, all financial and other records, pertinent corporate documents and properties of the Company, and cause the Company's officers and directors to supply all information reasonably requested by any such seller, underwriter, attorney or accountant in connection with such registration statement; provided, however, that such seller, underwriter, attorney or accountant shall agree to hold in confidence and trust all information so provided;
(h) Furnish to each selling Holder a signed counterpart, addressed to the selling Holder, of
(i) an opinion of counsel for the Company, dated the effective date of the registration statement, and
Appears in 3 contracts
Sources: Stockholder Rights Agreement (Covad Communications Group Inc), Stockholder Rights Agreement (Covad Communications Group Inc), Stockholder Rights Agreement (Covad Communications Group Inc)
Registration Procedures. If and whenever In connection with the Company is required by any of the provisions of this Agreement to effect the registration filing of any of the Registrable Securities under the Securities ActRegistration Statement pursuant to Sections 2 or 3 hereof, the Company Partnership and the Parent shall (except as otherwise provided and shall cause each Subsidiary Guarantor to) effect such registrations to permit the sale of such securities covered thereby in this Agreement)accordance with the intended method or methods of disposition thereof, as expeditiously as possibleand pursuant thereto and in connection with any Registration Statement filed by the Partnership and the Parent hereunder, subject to the Holders’ assistance Partnership and cooperation as reasonably required with respect to the Parent shall (and shall cause each Registration Statement:Subsidiary Guarantor to):
(a) (i) prepare Prepare and file with the Commission SEC prior to the Filing Date, the Exchange Registration Statement or if the Exchange Registration Statement is not filed because of the circumstances contemplated by Section 2(j), a Shelf Registration as prescribed by Section 3, and use its commercially reasonable efforts to cause such Registration Statement to become effective, as the case may be, and remain effective as provided herein. The Partnership, the Parent and each Subsidiary Guarantor shall not file any such Registration Statement or Prospectus or any amendments or supplements thereto in respect of which the Holders must provide information for the inclusion therein (i) without the Holders being afforded an opportunity to review such documentation with respect to such Holders’ information or (ii) if a Holder, the managing underwriters, if any, or any of their respective counsel shall reasonably object in writing on a timely basis to the information with respect to such Holders. An aforementioned party shall be deemed to have reasonably objected to such filing if such Registration Statement, amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains an untrue statement of a material fact or omits to state any material fact necessary to make the statements therein not misleading or fails to comply with the applicable requirements of the Securities Act in each case with respect to the information concerning such Holders.
(b) Cause the Indenture to be qualified under the TIA not later than the effective date of the first Registration Statement; and in connection therewith, to effect such changes to such Indenture as may be required for such Indenture to be so qualified in accordance with the terms of the TIA; and execute, and use their commercially reasonable efforts to cause such trustee to execute, all documents as may be required to effect such changes, and all other forms and documents required to be filed with the SEC to enable such Indenture to be so qualified in a timely manner.
(c) Prepare and file with the SEC such pre-effective amendments and supplements post-effective amendments to each Shelf Registration or Exchange Registration Statement, as the Registration Statement and the prospectus used in connection therewith case may be, as may be necessary to keep such Registration Statement continuously effective for the Effectiveness Period or the Applicable Period, as the case may be; cause the related Prospectus to be supplemented by any Prospectus supplement required by applicable law, and as so supplemented to be filed pursuant to Rule 424 (or any similar provisions then in force) promulgated under the Securities Act; and comply with the provisions of the Securities Act and the Exchange Act applicable to them with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any of the Holder shall desire to sell as so amended or otherwise dispose of the same (including prospectus supplements in such Prospectus as so supplemented and with respect to the sales subsequent resale of any securities being sold by a Participating Broker-Dealer covered by any such Prospectus. The Partnership and each Guarantor shall not, during the Applicable Period, voluntarily take any action that would result in selling Holders of the Registrable Securities from time Notes covered by a Registration Statement or Participating Broker-Dealers seeking to time sell Exchange Notes not being able to sell such Registrable Notes or such Exchange Notes during that period, unless such action is required by applicable law, rule or regulation or permitted by this Agreement.
(d) Furnish to such selling Holders and Participating Broker-Dealers who so request in connection with writing (i) upon the Partnership’s receipt, a registration statement copy of the order of the SEC declaring such Registration Statement and any post effective amendment thereto effective, (ii) such reasonable number of copies of such Registration Statement and of each amendment and supplement thereto (in each case including any documents incorporated therein by reference and all exhibits), (iii) such reasonable number of copies of the Prospectus included in such Registration Statement (including each preliminary Prospectus) and each amendment and supplement thereto, and such reasonable number of copies of the final Prospectus as filed by the Partnership and each Guarantor pursuant to Rule 415 promulgated 424(b) under the Securities Act, in conformity with the requirements of the Securities Act and each amendment and supplement thereto, and (iv) such other documents (including any amendments required to be filed pursuant to clause (c) of this Section), as any such Person may reasonably request in writing. The Partnership and the Guarantors hereby consent to the use of the Prospectus by each of the selling Holders of Registrable Notes or each such Participating Broker-Dealer, as the case may be, and the underwriters or agents, if any, and dealers, if any, in connection with the offering and sale of the Registrable Notes covered by, or the sale by Participating Broker-Dealers of the Exchange Notes pursuant to, such Prospectus and any amendment or supplement thereto.
(e) If (1) a Shelf Registration is filed pursuant to Section 3, or (2) a Prospectus contained in an Exchange Registration Statement filed pursuant to Section 2 is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Notes during the Applicable Period relating thereto, the Partnership and the Parent shall notify in writing the selling Holders of Registrable Notes, or each such Participating Broker-Dealer, as the case may be, the managing underwriters, if any, and each of their respective counsel promptly (but in any event within 2 Business Days) (i) when a Prospectus or any Prospectus supplement or post-effective amendment has been filed, and, with respect to a Registration Statement or any post-effective amendment, when the same has become effective (including in such notice a written statement that any Holder may, upon request, obtain, without charge, one conformed copy of such Registration Statement or post-effective amendment including financial statements and schedules, documents incorporated or deemed to be incorporated by reference and exhibits), (ii) of the issuance by the SEC of any stop order suspending the effectiveness of a Registration Statement or of any order preventing or suspending the use of any Prospectus or the initiation of any proceedings for that purpose, (iii) if at any time when a Prospectus is required by the Securities Act to be delivered in connection with sales of the Registrable Notes the representations and warranties of the Partnership and any Guarantor contained in any agreement (including any underwriting agreement) contemplated by Section 6(n) hereof cease to be true and correct, (iv) of the receipt by the Partnership or any Guarantor of any notification with respect to the suspension of the qualification or exemption from qualification of a Registration Statement or any of the Registrable Notes or the Exchange Notes to be sold by any Participating Broker-Dealer for offer or sale in any jurisdiction, or the initiation or threatening of any proceeding for such purpose, (v) of the happening of any event, the existence of any condition or any information becoming known that makes any statement made in such Registration Statement or related Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the making of any changes in, or amendments or supplements to, such Registration Statement, Prospectus or documents so that, in the case of the Registration Statement and the Prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, (vi) of any reasonable determination by the Partnership or any Guarantor that a post-effective amendment to a Registration Statement would be appropriate, (vii) of any request by the SEC for amendments to the Registration Statement or supplements to the Prospectus or for additional information relating thereto, and (viii) when management of the Parent shall have determined in good faith that under circumstances relating to pending corporate developments and similar events or filing with the SEC, that the Partnership and Parent have valid business reasons to suspend the use of the Prospectus that is part of a Shelf Registration.
(f) Use its commercially reasonable efforts to prevent the issuance of any order suspending the effectiveness of a Registration Statement or of any order preventing or suspending the use of a Prospectus or suspending the qualification (or exemption from qualification) of any of the Registrable Notes or the Exchange Notes to be sold by any Participating Broker-Dealer, for sale in any jurisdiction, and, if any such order is issued, to use its commercially reasonable efforts to obtain the withdrawal of any such order at the earliest possible date.
(g) If (A) a Shelf Registration is filed pursuant to Section 3, (B) a Prospectus contained in an Exchange Registration Statement filed pursuant to Section 2 is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Notes during the Applicable Period or (C) reasonably requested in writing by the managing underwriters, if any, or the Holders of a majority in aggregate principal amount of the Registrable Notes being sold in connection with an underwritten offering, (i) promptly incorporate in a Prospectus supplement or post-effective amendment such information or revisions to information therein relating to such underwriters or selling Holders as the managing underwriters, if any, or such Holders or any of their respective counsel reasonably request in writing to be included or made therein and (ii) take make all lawful action required filings of such Prospectus supplement or such post-effective amendment as soon as practicable after the Partnership has received notification of the matters to be incorporated in such Prospectus supplements or post-effective amendment.
(h) Prior to any public offering of Registrable Notes or any delivery of a Prospectus contained in the Exchange Registration Statement by any Participating Broker-Dealer who seeks to sell Exchange Notes during the Applicable Period, use its commercially reasonable efforts to register or qualify, and to cooperate with the selling Holders of Registrable Notes or each such Participating Broker-Dealer, as the case may be, the underwriters, if any, and their respective counsel in connection with the registration or qualification (or exemption from such registration or qualification) of such Registrable Notes or Exchange Notes, as the case may be, for offer and sale under the securities or Blue Sky laws of such jurisdictions within the United States as any selling Holder, Participating Broker-Dealer or any managing underwriter or underwriters, if any, reasonably request in writing; provided that where Exchange Notes held by Participating Broker-Dealers or Registrable Notes are offered other than through an underwritten offering, the Partnership and each Guarantor agree to cause its counsel to perform Blue Sky investigations and file any registrations and qualifications required to be filed pursuant to this Section 6(h), keep each such registration or qualification (or exemption therefrom) effective during the period such Registration Statement is required to be kept effective and do any and all other acts or things reasonably necessary or advisable to enable the disposition in such jurisdictions of the Exchange Notes held by Participating Broker-Dealers or the Registrable Notes covered by the applicable Registration Statement; provided that neither the Partnership nor any Guarantor shall be required to (A) qualify generally to do business in any jurisdiction where it is not then so qualified, (B) take any action that would subject it to general service of process in any such jurisdiction where it is not then so subject or (C) subject itself to taxation in any such jurisdiction where it is not then so subject.
(i) If (A) a Shelf Registration is filed pursuant to Section 3 or (B) a Prospectus contained in an Exchange Registration Statement filed pursuant to Section 2 is requested to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Notes during the Applicable Period, cooperate with the selling Holders of Registrable Notes and the managing underwriter or underwriters, if any, to facilitate the timely preparation and delivery of certificates representing Registrable Notes to be sold, which certificates shall not bear any restrictive legends and shall be in a form eligible for deposit with The Depository Trust Company, and enable such Registrable Notes to be in such denominations and registered in such names as the managing underwriter or underwriters, if any, or Holders may reasonably request.
(j) Use its commercially reasonable efforts to cause the Registrable Notes covered by any Registration Statement to be registered with or approved by such governmental agencies or authorities as may be necessary to enable the seller or sellers thereof or the underwriter, if any, to consummate the disposition of such Registrable Notes, except as may be required solely as a consequence of the nature of such selling Holder’s business, in which case the Partnership and the Parent shall (and shall cause each Subsidiary Guarantor to) cooperate in all reasonable respects with the filing of such Registration Statement and the granting of such approvals; provided that neither the Partnership nor any existing Guarantor shall be required to (A) qualify generally to do business in any jurisdiction where it is not then so qualified, (B) take any action that would subject it to general service of process in any jurisdiction where it is not then so subject or (C) subject itself to taxation in any such jurisdiction where it is not then so subject.
(k) If (1) a Shelf Registration is filed pursuant to Section 3, or (2) a Prospectus contained in an Exchange Registration Statement filed pursuant to Section 2 is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Notes during the Applicable Period, upon the occurrence of any event contemplated by paragraph 6(e)(v) or 6(e)(vi) hereof, as promptly as practicable, prepare and file with the SEC, at the expense of the Partnership and the Guarantors, a supplement or post-effective amendment to the Registration Statement and or a supplement to the related Prospectus or any amendment thereto does notdocument incorporated or deemed to be incorporated therein by reference, when it becomes effectiveor file any other required document so that, as thereafter delivered to the purchasers of the Registrable Notes being sold thereunder or to the purchasers of the Exchange Notes to whom such Prospectus will be delivered by a Participating Broker-Dealer, such Prospectus will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statementmisleading, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statementand, if lawful SEC review is required, use its commercially reasonable efforts to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under cause such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-declared effective amendment as soon as practicable after it is notified possible.
(l) [INTENTIONALLY OMITTED]
(m) Prior to the initial issuance of the matters to be included Exchange Notes, (i) provide the Trustee with one or incorporated more certificates for the Registrable Notes in such prospectus supplement or post-effective amendment; anda form eligible for deposit with The Depository Trust Company and (ii) provide a CUSIP number for the Exchange Notes.
(jn) maintain If a transfer agent Shelf Registration is filed pursuant to Section 3, enter into such agreements (including an underwriting agreement in form, scope and registrar for the Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Tarantula Ventures LLC), Registration Rights Agreement (Dupont Fabros Technology, Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect (a) In connection with the registration of any of the Registrable Securities under the Securities ActAct as provided in Sections 9.2, 9.3 or 9.4, the Company Purchaser shall (except as otherwise provided in this Agreement), promptly as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementpracticable:
(a) (i) prepare and file with the Commission the requisite registration statement to effect such registration and thereafter use reasonable efforts to cause such registration statement to become and remain effective;
(ii) use reasonable efforts to prepare and file with the Commission such amendments and supplements to the Registration Statement such registration statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any registration statement for the applicable effective period;
(iii) furnish to the Stockholder such number of conformed copies of such registration statement and of each such amendment and supplement thereto (in each case including all exhibits), such number of copies of the Holder shall desire to sell or otherwise dispose of the same prospectus contained in such registration statement (including each preliminary prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to and any summary prospectus) and any other prospectus filed under Rule 415 promulgated 424 under the Securities Act, in conformity with the requirements of the Securities Act;
(iv) use reasonable efforts to register or qualify all Registrable Securities and (ii) take all lawful action other securities covered by such registration statement under such other securities or Blue Sky laws of such States of the United States of America where an exemption is not available and as the Stockholder shall reasonably request; provided, however, that each of (A) the Registration Statement and Purchaser shall not for any amendment thereto does such purpose be required to qualify generally to do business as a foreign corporation in any jurisdiction wherein it would not, but for the requirements of this paragraph (iv), be obligated to be so qualified or to consent to general service of process in any such jurisdiction;
(v) notify the Stockholder when it becomes effectivea prospectus relating thereto is required to be delivered under the Securities Act and, contain upon discovery that there has occurred any event as a result of which the prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or omit omits to state a any material fact required to be stated therein or necessary to make the statements thereintherein not misleading, in the light of the circumstances under which they were made, not misleading and (B) at the prospectus forming part request of the Registration StatementStockholder use its best efforts to promptly prepare and furnish to the Stockholder such number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, and any amendment or supplement theretoas thereafter delivered to the purchasers of such securities, does such prospectus shall not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, therein not misleading in the light of the circumstances under which they were made, not misleading;
(ivi) prior otherwise use its reasonable efforts to the filing comply with the Commission of any Registration Statement (including any amendments thereto) all applicable rules and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each regulations of the Holders such numbers of copies Commission, and, except in the case of a prospectus including a preliminary prospectus or any amendment or supplement Shelf Registration, make available to any prospectusits security-holders, as applicablesoon as reasonably practicable, in conformity with an earnings statement meeting the requirements of Section 11(a) of the Securities Act, which the Purchaser shall be entitled to satisfy by complying with the requirements of Rule 158 promulgated thereunder, and such other documents, as any promptly furnish a copy of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide same to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soStockholder;
(cvii) register provide and qualify the cause to be maintained a transfer agent and registrar for all Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), registration statement from and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of after a date not later than the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketsregistration statement;
(eviii) notify the Holders at any time when a prospectus relating thereto use reasonable efforts to list all Registrable Securities covered by such registration statement on any national securities exchange or over-the-counter market, if any, on which Registrable Securities of the Registration Statement is required same class, and if applicable, series, covered by such registration statement are then listed; and
(ix) subject to be delivered under customary confidentiality obligations, the Securities Act, Purchaser shall permit reasonable access to the Stockholder and its counsel and other advisors to its financial statements and its other books and records to permit the Stockholder to perform reasonable due diligence. The Stockholder agree that upon receipt of any notice from the Purchaser of the happening of any an event of which it has knowledge as a result of which the prospectus included kind described in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period9.4(v), the Holders Stockholder shall not make any sales forthwith discontinue its disposition of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of registration statement relating to such event, notify each Registrable Securities until the Stockholder's receipt of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) copies of the issuance supplemented or amended prospectus contemplated by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockSection 9.4(v).
Appears in 2 contracts
Sources: Shareholder Agreement (Primus Telecommunications Group Inc), Stockholder Agreement (Primus Telecommunications Group Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in Section 3(g) and elsewhere in this Agreement), as expeditiously as possible, subject to the Holders’ Investor’s assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investor shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission SEC of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investor as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky Blue Sky laws of such jurisdictions as any of the Holders Investor shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which which, on the Company’s part, may be necessary or advisable to enable such Holder the Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted and required under the rules of such marketsPrincipal Market;
(e) notify the Holders Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission SEC of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investor to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investor reasonably may request and registered in such names as any of the Holders Investor may request; and, within three five (5) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestor) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary necessary, on the part of the Company, to expedite and facilitate the disposition by the Holders Investor of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(ji) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Sedona Corp), Registration Rights Agreement (Sedona Corp)
Registration Procedures. If and whenever In the case of each registration effected by the Company is required by any of the provisions of this Agreement pursuant to effect the registration of any of the Registrable Securities under the Securities ActArticle I, the Company shall (except will keep each Holder participating in such Registration reasonably informed as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementstatus thereof and, at its expense, the Company will:
(a) prepare and file with the Commission a Registration Statement with respect to such securities in accordance with the applicable provisions of this Agreement;
(ib) prepare and file with the Commission such amendments amendments, including post-effective amendments, and supplements to the such Registration Statement and the prospectus used in connection therewith with such Registration Statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to permit the sales intended method of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Actdistribution thereof) and (ii) take all lawful action such that each of (A) as may be necessary to keep the Registration Statement continuously effective for the period set forth in this Agreement;
(c) furnish to the Holders participating in such registration and any amendment thereto does not, when it becomes effective, contain an untrue statement to their legal counsel copies of a material fact or omit to state a material fact required the Registration Statement proposed to be stated therein or necessary filed, and provide such Holders and their legal counsel the reasonable opportunity to make review and comment on such Registration Statement;
(d) furnish to the statements therein, Holders participating in light such registration and to the underwriters of the circumstances under which they were made, not misleading and (B) the prospectus forming part securities being registered such reasonable number of copies of the Registration Statement, preliminary prospectus and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any final prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders underwriters may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws offering of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketssecurities;
(e) use reasonable best efforts to notify the Holders each Holder of Registrable Securities covered by such Registration Statement at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act of the Company’s knowledge of the happening of any event of which it has knowledge as a result of which the prospectus included in the such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and, subject to Section 2.1(j), at the request of any such Holder, prepare promptly and furnish to such Holder a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during purchaser of such periodshares, the Holders such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make any sales the statements therein not misleading or incomplete in the light of Registrable Securities pursuant to the Registration Statementcircumstances then existing;
(f) after becoming aware use reasonable best efforts to register and qualify the securities covered by such Registration Statement under such other securities or blue sky laws of such eventjurisdictions as shall be reasonably requested by the Holders; provided, notify each however, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or jurisdictions;
(g) use reasonable best efforts to list the Registrable Securities covered by such Registration Statement with any securities exchange on which the Class A Common Stock is then listed;
(h) cooperate with the Holders who holds and each underwriter or agent participating in the disposition of Registrable Securities being sold and their respective counsel in connection with any filings required to be made with FINRA;
(ori) as promptly as is reasonably practicable notify the Holders (i) when the prospectus or any prospectus supplement or post-effective amendment has been filed and, in with respect to such Registration Statement or any post-effective amendment, when the event same has become effective, (ii) of an underwritten offeringany request by the Commission or other federal or state governmental authority for amendments or supplements to such Registration Statement or related prospectus or to amend or to supplement such prospectus or for additional information, the managing underwriters(iii) of the issuance by the Commission of any stop order suspending the effectiveness of such Registration Statement or other the initiation of any proceedings for such purpose, (iv) if at any time the Company has reason to believe that the representations and warranties of the Company or any of its subsidiaries contained in any agreement cease to be true and correct or (v) of the receipt by the Company of any notification with respect to the suspension of the effectiveness qualification or exemption from qualification of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal any of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to for sale in any jurisdiction, or the Registration Statement and enable initiation or threatening of any proceeding for such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendmentpurpose; and
(j) maintain notwithstanding any other provision of this Agreement, if the Board of Directors of the Company has determined in good faith that the disclosure necessary for continued use of the prospectus and Registration Statement by the Holders would reasonably be expected to be materially detrimental to the Company, the Company shall have the right not to file or not to cause the effectiveness of any registration covering any Registrable Securities and to suspend the use of the prospectus and the Registration Statement covering any Registrable Security for such period of time as its use would be materially detrimental to the Company by delivering written notice of such suspension to all Holders listed on the Company’s records; provided, however, that in any twelve (12)-month period the Company may exercise the right to such suspension not more than once. From and after the date of a transfer agent and registrar for notice of suspension under this Section 2.1(j), each Holder agrees not to use the Common Stockprospectus or Registration Statement until the earlier of (i) notice from the Company that such suspension has been lifted or (ii) the day following the sixtieth (60th) day of suspension within any twelve (12)-month period.
Appears in 2 contracts
Sources: Registration Rights Agreement (Eventbrite, Inc.), Registration Rights Agreement (Eventbrite, Inc.)
Registration Procedures. If and whenever the Company is required by any IRC will provide XOMA with a draft of the provisions registration statement and give due consideration to their comments three (3) days prior to the filing. IRC will keep XOMA advised in writing as to the initiation of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except Shares and as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementcompletion thereof. At its expense, IRC will use its commercially reasonable efforts to:
5.3.1 Keep such registration effective for a period of one (a1) (i) prepare year from the Effective Date or until XOMA has completed the distribution described in the registration statement relating thereto, whichever first occurs;
5.3.2 Prepare and file with the Commission such amendments and supplements to the Registration Statement such registration statement and the prospectus used in connection therewith with such registration statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever registration statement;
5.3.3 Furnish such number of prospectuses and other documents incident thereto, including any amendment of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect supplement to the sales of Registrable Securities prospectus, as XOMA from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleadingmay reasonably request;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, 5.3.4 Notify XOMA of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and at the Company shall request of XOMA, prepare and file furnish to XOMA a curative reasonable number of copies of a supplement to or an amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement as may be necessary so that, as thereafter delivered to the purchasers of Shares, such prospectus shall not include an untrue statement of a material fact or post-effective amendment as soon as practicable after it is notified omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the matters to be included or incorporated in such prospectus supplement or post-effective amendmentcircumstances then existing; and
(j) 5.3.5 Cause the Shares to be listed or qualified on each securities exchange or inter-dealer quotation system on which similar securities issued by IRC are then listed and thereafter maintain a transfer agent and registrar for the Common Stocksuch listing or quotation.
Appears in 2 contracts
Sources: Technology Acquisition Agreement (Immune Response Corp), Technology Acquisition Agreement (Xoma LTD)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and reflect in such documents all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soPurchaser;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or the applicable blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by the Purchaser, except that the Company shall not for any such Holderpurpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or the Nasdaq Stock Market;
(e) notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Purchaser who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recission or removal of such stop order or other suspension;
(g) cooperate with the Holders Purchaser to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Purchaser reasonably may request and registered in such names as any of the Holders Purchaser may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersPurchaser whose Registrable Securities are included in such Registration Statement) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Calypte Biomedical Corp), Registration Rights Agreement (Calypte Biomedical Corp)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investor's assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission SEC of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their respective counsel) reasonably may propose; propose respecting the Selling Shareholder and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Investors such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Investors may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestors;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky Blue Sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted and required under the rules of such marketsPrincipal Market;
(e) notify the Holders Investors at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investors who holds hold Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission SEC of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Sedona Corp), Registration Rights Agreement (Sedona Corp)
Registration Procedures. If and whenever the Company is required by any of the provisions (a) With respect to a registration pursuant to Section 2 of this Agreement Addendum, the Company, subject to subsection 2(b) above, will use reasonable efforts to promptly effect the registration of any of the Registrable Securities under the Securities ActShares, and in connection therewith, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to do the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementfollowing:
(a) (i) prepare and file with the Commission SEC a Registration Statement and use reasonable efforts to cause such Registration Statement to become effective;
(ii) prepare and file with the SEC such amendments and post-effective amendments and supplements to the Registration Statement and the prospectus Prospectus used in connection therewith as may be necessary to keep such Registration Statement continually effective and to comply with for a period expiring on the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each earlier of (A) the date there are no longer shares of Common Stock outstanding that constitute Registrable Shares or (B) one (1) year from the Closing Date (as defined in the Stock Purchase Agreement);
(iii) promptly notify Sellers, at any time when a Prospectus relating to Sellers' Registrable Shares covered by the Registration Statement and is required to be delivered under the Securities Act, of the occurrence of any amendment thereto does not, when it becomes effective, contain an event as a result of which the Registration Statement or the Prospectus or any document incorporated therein contains any untrue statement of a material fact fact, or omit omits to state a material fact required to be stated therein or necessary to make the statements therein, therein in light of the circumstances under which they were mademade not misleading, not misleading and (B) the prospectus forming part Company shall promptly prepare and file with the SEC and furnish to Sellers a supplement or amendment to such Prospectus so that, as thereafter delivered to the purchasers of the Registration StatementSellers' Registrable Shares, and such Prospectus shall not contain any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(iiv) prior use reasonable efforts to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution register or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities Shares covered by the Registration Statement for offer and sale under such other the securities or "blue sky sky" laws of such jurisdictions each state and other U.S. jurisdiction as any of the Holders shall Sellers reasonably request in writing; however, the Company will not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to so qualify, (B) take any action that would subject it to general service of process in any jurisdiction where it would not otherwise be subject to the limitations set forth such general service of process, or (C) subject itself to general taxation in Section 4(c) above), and do any and all other acts and things which may jurisdiction where it would not otherwise be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holdersubject;
(dv) list cause all Registrable Shares included in such Registrable Securities Registration Statement to be listed on the markets where New York Stock Exchange (or any other market on which the Common Stock is then listed); and
(vi) promptly provide Sellers with copies of the Company is listed as of Prospectus relating to Sellers' Registrable Shares, including any amendments to the effective date of Prospectus, used in connection with the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;.
(eb) notify Sellers, upon receipt of any notice from the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Company of the happening occurrence of any event of which it has knowledge as a result the kind described in clause (iii) of which the prospectus included in the Registration Statementsubsection 4(a) above, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light will forthwith discontinue disposition of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Sellers' Registrable Securities Shares pursuant to the Registration Statement;
(fStatement covering such Sellers' Registrable Shares until Seller's receipt of the copies of the supplemented or amended Prospectus contemplated by such subsection 4(a) after becoming aware and, if so directed by the Company, Sellers will deliver to the Company all copies, other than permanent file copies then in Sellers' possession, of the most recent Prospectus covering such Sellers' Registrable Shares at the time of receipt of such eventnotice. Seller, notify each upon receipt of any notice from the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) Company of the issuance by the Commission of any stop order or other suspension blue sky order will forthwith, in the case of any stop order, discontinue disposition of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Sellers' Registrable Securities to be offered Shares pursuant to the Registration Statement and enable covering such certificates for the Sellers' Registrable Securities to be Shares or, in such denominations or amounts, as the case may beof any blue sky order, as any discontinue disposition of the Holders reasonably may request and registered Sellers' Registrable Shares in such names as any the applicable jurisdiction, until advised in writing of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion lifting or withdrawal of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockorder.
Appears in 2 contracts
Sources: Stock Purchase Agreement, Stock Purchase Agreement (Brown & Brown Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock;
(k) pay all fees, disbursements and out-of-pocket expenses and costs incurred by the Company in connection with the preparation and filing of the Registration Statement under this Section 6 and in complying with applicable securities and blue sky laws (including, without limitation, all attorneys' fees of the Company. The Holders shall bear the cost of underwriting and/or brokerage discounts, counsel for the Holders, fees and commissions, if any, applicable to the Registrable Securities being registered. The Holders and their counsel shall have a reasonable period, not to exceed 15 Trading Days, to review the proposed Registration Statement or any amendment thereto, prior to filing with the Commission, and the Company shall provide the Holders with copies of any comment letters received from the Commission with respect thereto within two Trading Days of receipt thereof. The Company shall qualify any of the Registrable Securities for sale in such states as the Holders reasonably designate and shall furnish indemnification in the manner provided in Section 7 hereof. However, the Company shall not be required to qualify in any state which will require an escrow or other restriction relating to the Company and/or the Holders, or which will require the Company to qualify to do business in such state or require the Company to file therein any general consent to service of process. The Company at its expense will supply each of the Investors with copies of the applicable Registration Statement and the prospectus included therein and other related documents in such quantities as may be reasonably requested by any of the Investors.
Appears in 2 contracts
Sources: Registration Rights Agreement (American Leisure Holdings Inc), Registration Rights Agreement (American Leisure Holdings Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possibleuse commercially reasonable efforts to, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each the Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act during the applicable period with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any in accordance with the intended methods of distribution by the Holder shall desire to sell Holders thereof set forth in the Registration Statement or otherwise dispose of the same prospectus (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, and any prospectus or prospectus supplement thereafter filed, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c5(d) hereof and reflect in such documents all such comments as the Holders (and their counsel) reasonably may proposepropose (provided that the Company shall not be liable under Section 5(f) or otherwise for any delay in filing or effectiveness if such delay is fairly attributable to such comments); (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if in the Company's judgment it is lawful to do soso without requiring public disclosure of the same under Regulation FD or breaching any of its obligations under any agreement with SIBL or its affiliates;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c5(d) abovehereof), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets primary trading market where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketsmarket;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and use is commercially reasonable efforts to file a curative amendment under Section 6(a7(a) hereof as quickly soon as reasonably possible practicable and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time as soon as reasonably practicable and take all lawful reasonable action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as reasonably practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(ji) maintain a transfer agent and registrar for the Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Superior Galleries Inc), Registration Rights Agreement (Dgse Companies Inc)
Registration Procedures. If and whenever In the case of each registration, qualification or compliance effected by the Company is required by any of the provisions of pursuant to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 2, the Company shall (except keep each Holder advised in writing as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance initiation of each registration, qualification and cooperation compliance and as reasonably required with respect to each Registration Statementthe completion thereof. At its expense the Company will:
(a) Keep such registration effective for a period of 90 calendar days or until the Holder or Holders have completed the distribution described in the registration statement relating thereto, whichever first occurs; provided, however, that such 120-day period shall be extended for a period of time equal to the period the Holder refrains from selling any securities included in such registration at the request of an underwriter of Common Stock (ior other securities) prepare of the Company;
(b) Prepare and file with the Commission SEC such amendments and supplements to the Registration Statement such registration statement and the prospectus used in connection therewith with such registration statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all securities covered by such registration statement;
(c) Furnish such number of prospectuses and other documents incident thereto, including any amendment of or supplement to the prospectus, as a Holder from time to time may reasonably request;
(d) Notify each seller of Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and at the request of any such seller, prepare and furnish to such seller a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such shares, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing;
(e) Cause all such Registrable Securities registered pursuant hereunder to be listed on each securities exchange on which similar securities issued by the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementare then listed;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain Provide a transfer agent and registrar for all Registrable Securities registered pursuant hereunder and a CUSIP number for all such Registrable Securities, in each case not later than the effective date of such registration;
(g) Otherwise use its best efforts to comply with all applicable rules and regulations of the SEC, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least 12 months, but not more than 18 months, beginning with the first month after the effective date of the Registration Statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act; and
(h) In connection with any underwritten offering pursuant to a registration statement filed pursuant to Section 2 hereof, the Company will enter into an underwriting agreement reasonably necessary to effect the offer and sale of Common Stock, provided such underwriting agreement contains customary underwriting provisions and provided further than if the underwriter so requests the underwriting agreement will contain customary contribution provisions.
Appears in 2 contracts
Sources: Registration Rights Agreement (Ebiz Enterprises Inc), Registration Rights Agreement (Herman Stephen C)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Holder's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder of such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Holder such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Holder may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Holder shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such each Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such Holder, except that the Company shall not for any such purpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where American Stock Exchange, other national securities exchange, the NASDAQ National Market or the NASDAQ Small-Cap Market, on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or Nasdaq;
(e) notify each Holder of Registrable Securities covered by the Holders Registration Statement, at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Holder who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders who hold Registrable Securities being offered to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders Holder may request; and, within three Trading Days business days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersHolders whose Registrable Securities are included in such Registration Statement) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Brilliant Digital Entertainment Inc), Registration Rights Agreement (Brilliant Digital Entertainment Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may proposepropose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents); (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such HolderInvestor; and (iii) provide to the Holders each Investor copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, subject to Section 3(g), and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably commercially possible and during such period, the Holders Investors shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Convertible Debenture and Warrants Purchase Agreement (Famous Fixins Inc), Convertible Debenture and Warrants Purchase Agreement (Famous Fixins Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions (a) With respect to a registration pursuant to Section 2 of this Agreement Addendum, the Company, subject to subsection 2(b) above, will use reasonable efforts to promptly effect the registration of any of the Registrable Securities under the Securities ActShares, and in connection therewith, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to do the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementfollowing:
(a) (i) prepare and file with the Commission SEC a Registration Statement and use reasonable efforts to cause such Registration Statement to become effective;
(ii) prepare and file with the SEC such amendments and post-effective amendments and supplements to the Registration Statement and the prospectus Prospectus used in connection therewith as may be necessary to keep such Registration Statement continually effective and to comply with for a period expiring on the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each earlier of (A) the date there are no longer shares of Common Stock outstanding that constitute Registrable Shares or (B) one (1) year from the Closing Date (as defined in the Stock Purchase Agreement);
(iii) promptly notify Sellers, at any time when a Prospectus relating to Sellers' Registrable Shares covered by the Registration Statement and is required to be delivered under the Securities Act, of the occurrence of any amendment thereto does not, when it becomes effective, contain an event as a result of which the Registration Statement or the Prospectus or any document incorporated therein contains any untrue statement of a material fact fact, or omit omits to state a material fact required to be stated therein or necessary to make the statements therein, therein in light of the circumstances under which they were mademade not misleading, not misleading and (B) the prospectus forming part Company shall promptly prepare and file with the SEC and furnish to Sellers a supplement or amendment to such Prospectus so that, as thereafter delivered to the purchasers of the Registration StatementSellers' Registrable Shares, and such Prospectus shall not contain any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(iiv) prior use reasonable efforts to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution register or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities Shares covered by the Registration Statement for offer and sale under such other the securities or "blue sky sky" laws of such jurisdictions each state and other U.S. jurisdiction as any of the Holders shall Sellers reasonably request in writing; however, the Company will not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to so qualify, (B) take any action that would subject it to general service of process in any jurisdiction where it would not otherwise be subject to the limitations set forth such general service of process, or (C) subject itself to general taxation in Section 4(cany jurisdiction where it would not otherwise be subject; and
(v) above), and do any and use reasonable efforts to cause all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition Registrable Shares included in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities Registration Statement to be listed on the markets where New York Stock Exchange (or any other market on which the Common Stock is then listed).
(b) Sellers, upon receipt of any notice from the Company of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening occurrence of any event of which it has knowledge as a result the kind described in clause (iii) of which the prospectus included in the Registration Statementsubsection 4(a) above, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light will forthwith discontinue disposition of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Sellers' Registrable Securities Shares pursuant to the Registration Statement;
(fStatement covering such Sellers' Registrable Shares until Seller's receipt of the copies of the supplemented or amended Prospectus contemplated by such subsection 4(a) after becoming aware and, if so directed by the Company, Sellers will deliver to the Company all copies, other than permanent file copies then in Sellers' possession, of the most recent Prospectus covering such Sellers' Registrable Shares at the time of receipt of such eventnotice. Seller, notify each upon receipt of any notice from the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) Company of the issuance by the Commission of any stop order or other suspension blue sky order will forthwith, in the case of any stop order, discontinue disposition of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Sellers' Registrable Securities to be offered Shares pursuant to the Registration Statement and enable covering such certificates for the Sellers' Registrable Securities to be Shares or, in such denominations or amounts, as the case may beof any blue sky order, as any discontinue disposition of the Holders reasonably may request and registered Sellers' Registrable Shares in such names as any the applicable jurisdiction, until advised in writing of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion lifting or withdrawal of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockorder.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Brown & Brown Inc), Stock Purchase Agreement (Brown & Brown Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementEffective Date, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three 3 Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Tangible Asset Galleries Inc), Securities Purchase Agreement (Tangible Asset Galleries Inc)
Registration Procedures. If and whenever (a) In the case of each registration effected by the Company is required pursuant to this agreement, the Company will keep each Holder participating therein advised in writing as to the initiation of such registration (and any state qualifications) and as to the completion thereof.
(b) Also in the case of each registration effected by any the Company pursuant to this agreement, the Company will:
(i) keep such registration or qualification pursuant to Section 2 effective for a period of 180 days or until all the provisions of this Agreement to effect Holders have completed the distribution described in the registration statement relating thereto, whichever occurs first;
(ii) furnish such number of any copies of such registration statement, each amendment and supplement thereto, the prospectus included in such registration statement (including each preliminary prospectus) and such other documents incident thereto as a Holder from time to time may reasonably request in order to facilitate the disposition of the Registrable Securities Shares owned by such Holder;
(iii) use its best efforts to register or qualify such Registrable Shares under such other securities or blue sky laws of such jurisdictions as may be reasonably necessary and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder to consummate the disposition in such jurisdictions of the Registrable Shares owned by such Holder;
(iv) notify each Holder of Registrable Shares, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the occurrence of any event as a result of which the prospectus included in such registration statement contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading, and, at the request of any such Holder, the Company shall (except as otherwise provided in this Agreement)will prepare a supplement or amendment to such prospectus so that, as expeditiously as possible, subject thereafter delivered to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission purchasers of such amendments and supplements to the Registration Statement and the Registrable Shares, such prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, will not contain an untrue statement of a material fact or omit to state a material any fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementmisleading;
(fv) after becoming aware promptly notify the Holders of Registrable Shares and the underwriters of the following events and (if requested by any such person) confirm such notification in writing: (a) the filing of the prospectus or any prospectus supplement and the registration statement and any amendment or post-effective amendment thereto and, with respect to the registration statement or any post-effective amendment thereto, the declaration of the effectiveness of such eventdocuments, notify each (b) any requests by the Securities and Exchange Commission for amendments or supplements to the registration statement or the prospectus or for additional information, (c) the issuance or threat of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Securities and Exchange Commission of any stop order or other suspension of suspending the effectiveness of the Registration Statement at registration statement or the earliest possible time initiation of any proceedings for that purpose, and take all lawful action (d) the receipt by the Company of any notification with respect to effect the withdrawal, rescission suspension of the qualification of the Registrable Shares for sale in any jurisdiction or removal the initiation or threat of initiation of any proceeding for such stop order or other suspensionpurpose;
(gvi) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the cause all such Registrable Securities Shares to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement listed on each securities exchange on which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected similar securities issued by the Company are then listed;
(vii) make available for inspection by any Holder of Registrable Shares, any underwriter participating in any disposition pursuant to deliver such registration statement and any attorney, accountant or other agent retained by any such Holder or underwriter, all financial and other records, pertinent corporate documents and properties of the Company, and cause the Company's officers, directors, employees and independent accountants to supply all information reasonably requested by any such Holder, underwriter, attorney, accountant or agent in connection with such registration statement;
(viii) otherwise use its best efforts to comply with all applicable rules and regulations of the transfer agent for the Registrable Securities (with copies and Exchange Commission, and make available to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified reasonably practicable, an earnings statement covering the period of at least twelve months beginning with the first day of the matters to be included or incorporated in such prospectus supplement or post-Company's first full calendar quarter after the effective amendment; and
(jdate of the registration statement, which earnings statement shall satisfy the provisions of Section 11(a) maintain a transfer agent of the Securities Act and registrar for the Common StockRule 158 thereunder.
Appears in 2 contracts
Sources: Registration Rights Agreement (Waterlink Inc), Registration Rights Agreement (Waterlink Inc)
Registration Procedures. If and whenever Subject to the Company is required by any of the other applicable provisions of this Agreement to effect Agreement, in the case of each registration of any of the Registrable Securities under effected by the Securities ActCompany pursuant to Article I, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementwill:
(a) use commercially reasonable efforts to cause such registration statement to become and remain effective for the period of the distribution contemplated thereby, in accordance with the applicable provisions of this Agreement;
(ib) prepare and file with the Commission SEC such amendments (including post-effective amendments) and supplements to the such Registration Statement and the prospectus used in connection therewith with such Registration Statement as may be necessary to keep such Registration Statement effective for the period specified in paragraph (a) above and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any in accordance with the method of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time distribution set forth in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in for such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soperiod;
(c) register and qualify the Registrable Securities covered by furnish to any selling Holder copies of the Registration Statement under and the prospectus included therein (including each preliminary prospectus) proposed to be filed and provide such other securities or blue sky laws of selling Holder a reasonable opportunity to review and comment on such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderRegistration Statement;
(d) list such Registrable Securities on the markets where the Common Stock of the Company as promptly as is listed as of the effective date of the Registration Statementreasonably practicable, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the selling Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act or of the happening Company’s discovery of the occurrence of any event of which it has knowledge as a result of which the prospectus included in the such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and, subject to Section 2.2, at the request of any selling Holder, prepare as promptly as is reasonably practicable and furnish to such selling Holder a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such securities, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing;
(e) use commercially reasonable efforts to register and qualify (or exempt from such registration or qualification) the securities covered by such Registration Statement under such other securities or “blue sky” laws of such jurisdictions within the United States as shall be reasonably requested in writing by any selling Holder; provided, however, that the Company shall prepare and file not be required in connection therewith or as a curative amendment under Section 6(acondition thereto to (i) as quickly as reasonably possible and during qualify to do business in any jurisdictions where it would not otherwise be required to qualify but for this subsection or (ii) take any action that would subject it to general service of process in any such period, jurisdictions;
(f) use commercially reasonable efforts to list the Holders shall not make any sales of Registrable Securities pursuant to covered by such Registration Statement with any securities exchange on which the Common Stock is then listed;
(g) provide a transfer agent and registrar for all such Registrable Securities not later than the effective date of such Registration Statement;
(fh) after becoming aware cooperate with the selling Holders or agent participating in the disposition of such event, notify each of the Holders who holds Registrable Securities being sold (orand their respective counsel in connection with any filings required to be made with FINRA, in including the event use of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order commercially reasonable efforts to obtain FINRA’s pre-clearance or other suspension of the effectiveness pre-approval of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate applicable prospectus upon filing with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may requestSEC; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in as promptly as is reasonably practicable, notify the event of an underwritten offering, promptly include selling Holders (i) when the prospectus or incorporate in a any prospectus supplement or post-effective amendment has been filed and, with respect to the such Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or any post-effective amendment, when the same has become effective, (ii) of any request by the SEC or other federal or state governmental authority for amendments or supplements to such Registration Statement or related prospectus or to amend or to supplement such prospectus or for additional information, (iii) of the issuance by the SEC of any stop order suspending the effectiveness of such Registration Statement or the initiation of any proceedings for such purpose, (iv) if at any time the Company has reason to believe that the representations and warranties of the Company contained in any agreement relating to any applicable offering of the Registrable Securities cease to be true and correct or (v) of the receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any proceeding for such purpose. The Holders agree that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 2.1(d), 2.1(i)(ii) or 2.1(i)(iii), such Holders shall discontinue disposition of any Registrable Securities covered by such Registration Statement or the related prospectus until receipt of the copies of the supplemented or amended prospectus, which supplement or amendment shall, subject to the other applicable provisions of this Agreement, be prepared and furnished as soon as reasonably practicable, or until the Holders are advised in writing by the Company that the use of the applicable prospectus may be resumed, and have received copies of any amended or supplemented prospectus or any additional or supplemental filings which are incorporated, or deemed to be incorporated, by reference in such prospectus (such period during which disposition is discontinued being an “Interruption Period”) and, if requested by the Company in writing, the Holders shall use commercially reasonable efforts to return to the Company all copies then in their possession, of the prospectus covering such Registrable Securities at the time of receipt of such request. As soon as practicable after it is notified the Company has determined that the use of the matters to applicable prospectus may be included or incorporated resumed, the Company will notify the Holders thereof. In the event the Company invokes an Interruption Period hereunder and in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar the reasonable discretion of the Company the need for the Common StockCompany to continue the Interruption Period ceases for any reason, the Company shall, as soon as reasonably practicable, provide written notice to the Holders that such Interruption Period is no longer applicable.
Appears in 2 contracts
Sources: Registration Rights Agreement (Express, Inc.), Registration Rights Agreement (Express, Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement Section 9(a) to effect the registration of any of the Registrable Securities Shares under the Securities 1933 Act, the Company shall (except as otherwise provided in this Agreement)will, as expeditiously as possible, :
(i) subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) timelines provided in this Agreement, prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act a registration statement required by Section 9, with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire securities and use its best commercially reasonable efforts to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a cause such registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes become effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders Subscribers such numbers number of copies of a the registration statement and the prospectus included therein (including a each preliminary prospectus or any amendment or supplement to any prospectus, ) as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Subscribers reasonably may reasonably request in order to facilitate the public sale or other their disposition of the Registrable Securities owned securities covered by such Holder; and registration statement or make them electronically available;
(iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify list the Registrable Securities Shares covered by such registration statement with any securities exchange on which the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock common stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketslisted;
(eiv) notify the Holders at any time when Subscribers within twenty-four hours of the Company’s becoming aware that a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities 1933 Act, of the happening of any event of which it the Company has knowledge as a result of which the prospectus included contained in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existingexisting or which becomes subject to a Commission, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order state or other suspension of governmental order suspending the effectiveness of the Registration Statement registration statement covering any of the Registrable Shares. Each Subscriber hereby covenants that it will not sell any Registrable Shares pursuant to such prospectus during the period commencing at the earliest possible time and take all lawful action to effect at which the withdrawal, rescission or removal Company gives such Subscriber notice of the suspension of the use of such stop order or other suspension;
(gprospectus in accordance with this Section 9(b)(iv) cooperate with and ending at the Holders to facilitate time the timely preparation and delivery of certificates for the Registrable Securities to be offered Company gives such Subscriber notice that such Subscriber may thereafter effect sales pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations prospectus, or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by until the Company delivers to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance Subscriber or files with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of Commission an underwritten offering, promptly include amended or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stocksupplemented prospectus.
Appears in 2 contracts
Sources: Subscription Agreement (Farm Lands of Guinea, Inc.), Subscription Agreement (Kryptic Entertainment Inc.)
Registration Procedures. If and whenever the Company is ----------------------- required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof of the Selling Stockholders and Plan of Distribution sections (or equivalents) to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; Investor;
(c) Subject to Section 7.1 of the Purchase Agreement, the Company shall make available for inspection and review by the Investors, advisors to and representatives of the Investors (iii) provide who may or may not be affiliated with the Investors and who are reasonably acceptable to the Holders copies Company), and any underwriter participating in any disposition of any comments and communications from the Commission relating Registrable Securities on behalf of the Investors pursuant to the Registration Statement, if lawful upon the request of the Investors, any such registration statement or amendment or supplement thereto or any blue sky, Nasdaq or other filing, all publicly available SEC Documents and other filings with the SEC, and all other publicly available corporate documents and properties of the Company as may be reasonably necessary for the purpose of such review, and cause the Company's officers, directors and employees to do so;supply all such publicly available information reasonably requested by the Investors or any such representative, advisor or underwriter in connection with such Registration Statement (including, without limitation, in response to all questions and other inquiries reasonably made or submitted by any of them), prior to and from time to time after the filing and effectiveness of the Registration Statement for the sole purpose of enabling the Investors and such representatives, advisors and underwriters and their respective accountants and attorneys to conduct initial and ongoing due diligence with respect to the Company and the accuracy of the Registration Statement.
(cd) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(de) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(ef) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(fg) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(gh) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three Trading Days after a on the date the Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(hi) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers Razorfish, Inc.s to perform under the circumstances;
(ij) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(jk) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Razorfish Inc), Registration Rights Agreement (Razorfish Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c4(d) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c4(d) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Elandia International Inc.), Preferred Stock Purchase Agreement (Elandia International Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActIn connection with a Registration Statement, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) Before filing a Registration Statement or the Prospectus included therein, the Company will furnish to E-Z-EM and the managing underwriter or underwriters, if any, draft copies of all such documents proposed to be filed at least three (3) days prior to such filing, which documents will be subject to the reasonable review of E-Z-EM and the managing underwriter or underwriters, if any, and their respective agents and representatives and (x) the Company will not include in any Registration Statement information concerning or relating to E-Z-EM to which E-Z-EM shall reasonably object (unless the inclusion of such information is required by applicable law or the regulations of any securities exchange or automated quotation system to which the Company may be subject), and (y) the Company will not file any Registration Statement pursuant to Section 2.1, any amendment thereto, or any Prospectus or any supplement thereto to which E-Z-EM shall reasonably object.
(b) The Company shall furnish to E-Z-EM, prior to the time the Registration Statement has been declared effective, a copy of the Registration Statement as initially filed with the Commission, and each amendment thereto and each amendment or supplement, if any, to the Prospectus included therein.
(c) Subject to Section 2.1(b) and in respect of a Registration Statement under Section 2.1, the Company shall use reasonable best efforts to take promptly such action as may be necessary so that (i) prepare and file with the Commission such amendments and supplements to each of the Registration Statement and any amendment thereto and the prospectus used Prospectus forming part thereof and any amendment or supplement thereto (and each report or other document incorporated therein by reference in connection therewith as may be necessary to keep such Registration Statement effective and to comply each case), when it becomes effective, complies in all material respects with the provisions of the Securities Act with respect to and the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Exchange Act) and , (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (Biii) each of the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement theretoto such Prospectus, does not at any time during the period during which the Company is required to use reasonable best efforts to keep a Registration Period Statement effective under Section 2.1(a) include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.
(d) The Company shall, promptly upon learning thereof, advise E-Z-EM and the managing underwriter or underwriters, if any, thereof, of the following, and shall confirm such advice in writing if so requested:
(i) when a Registration Statement and any amendment thereto has been filed with the Commission and when the Registration Statement or any post-effective amendment thereto has become effective;
(ii) of any request by the Commission for amendments or supplements to the Registration Statement or the Prospectus included therein or for additional information with respect to the Registration Statement and Prospectus;
(iii) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or the initiation of any proceedings for such purpose;
(iv) of the receipt by the Company of any notification with respect to the suspension of the qualification of the securities included in the Registration Statement for sale in any jurisdiction or the initiation of any proceeding for such purpose; and
(v) following the effectiveness of any Registration Statement, of the happening of any event or the existence of any state of facts that requires the making of any changes in the Registration Statement or the Prospectus included therein so that, as of such date, such Registration Statement and Prospectus do not contain an untrue statement of a material fact and do not omit to state a material fact required to be stated therein or necessary to make the statements thereintherein (in the case of the Prospectus, in light of the circumstances under which they were made, ) not misleading;
misleading (i) prior which advice shall be accompanied by an instruction to E-Z-EM to suspend the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each use of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement Prospectus until the requisite changes have been made, which instruction E-Z-EM agrees to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) abovefollow), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;.
(e) notify the Holders at any time when In respect of a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities ActSection 2.1 (and not Section 2.2), of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare use reasonable best efforts to prevent the issuance, and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such periodif issued to obtain the withdrawal, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of suspending the effectiveness of the Registration Statement at the earliest possible time time.
(f) The Company shall furnish to E-Z-EM, without charge, at least one copy of the Registration Statement and take all lawful action to effect post-effective amendments thereto, including financial statements and schedules, and, if E-Z-EM so requests in writing, all reports, other documents and exhibits that are filed with or incorporated by reference in the withdrawal, rescission or removal of such stop order or other suspension;Registration Statement.
(g) The Company shall, during the period during which it is required to use reasonable best efforts to keep a Registration Statement continuously effective under Section 2.1(a) or elects to keep a Registration Statement effective under Section 2.2, deliver to E-Z-EM without charge, as many copies of the Prospectus (including each preliminary Prospectus) included in the Registration Statement and any amendment or supplement thereto as E-Z-EM may reasonably request, and the Company consents (except during the continuance of any event described in Section 2.1(b) or Section 2.3(d)(v) hereof) to the use of the Prospectus, with any amendment or supplement thereto, by E-Z-EM in connection with the offering and sale of the Applicable Securities covered by the Prospectus and any amendment or supplement thereto during such period.
(h) In connection with the rights provided by this ARTICLE 2, the Company shall, except during any permitted postponement pursuant to Section 2.1(b), make available for inspection by E-Z-EM or by any attorney, accountant or other agent retained by E-Z-EM (collectively, the "Inspectors") financial and other records and pertinent corporate documents of the Company (collectively, the "Records"), provide the Inspectors with opportunities to discuss the business of the Company with its officers, and provide opportunities to discuss the business of the Company with the independent public accountants who have certified its most recent annual financial statements, in each case to the extent but only to the extent reasonably necessary to enable E-Z-EM to conduct a "reasonable investigation" for purposes of Section 11(a) of the Securities Act. Records that the Company determines, in good faith, to be confidential and with respect to which the Company notifies the Inspectors as to the confidential nature thereof shall not be disclosed by the Inspectors unless (i) the disclosure of such Records is necessary to avoid or correct a misstatement of a material fact or omission to state a material fact in the Registration Statement, (ii) the disclosure of such Records is required by any court or governmental body with jurisdiction over E-Z-EM or the Inspectors or (iii) all of the information contained in such Records has been made generally available to the public. E-Z-EM agrees that it will, upon learning that disclosure of such Records is sought in a court of competent jurisdiction or by any governmental body, promptly give prior notice to the Company and allow the Company, at the Company's expense, to undertake appropriate action to prevent disclosure of those Records deemed confidential.
(i) Prior to any offering of Applicable Securities pursuant to the Registration Statement, the Company shall use reasonable best efforts to (i) register or qualify or cooperate with E-Z-EM and its counsel in connection with the Holders registration or qualification of such Applicable Securities for offer and sale under the securities (or "blue sky") laws of such jurisdictions within the United States as E-Z-EM may reasonably request, (ii) keep such registrations or qualifications in effect and comply with such laws so as to permit the continuance of offers and sales in such jurisdictions for the period during which the Company is required to use reasonable best efforts to keep a Registration Statement continuously effective under Section 2.1(a), and (iii) take any and all other reasonable actions requested by E-Z-EM which are necessary to enable the disposition in such jurisdictions of such Applicable Securities; provided, however, that in no event shall the Company be obligated to (1) qualify as a foreign corporation or as an issuer of or dealer in securities in any jurisdiction where it would not otherwise be required to so qualify but for this Agreement or (2) file any general consent to service of process or subject itself to tax in any jurisdiction where it is not so subject.
(j) The Company shall cooperate with E-Z-EM to facilitate the timely preparation and delivery of certificates for the Registrable representing Applicable Securities to be offered sold pursuant to the Registration Statement Statement, which certificates shall comply with the requirements of any United States securities exchange upon which any Applicable Securities are listed (provided that nothing herein shall require the Company to list any Applicable Securities on any securities exchange or with any quotation system on which they are not currently listed or quoted, as applicable) or the NASD Rules, as applicable, and enable such which certificates for the Registrable Securities to shall be free of any restrictive legends and in such permitted denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any E-Z-EM may request in connection with the sale of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Applicable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver pursuant to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;Registration Statement.
(hk) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;The Company shall:
(i) make such reasonable representations and warranties in the event of an applicable underwriting agreement to the underwriters, in form, substance and scope as are customary and as are consistent with the representations and warranties made in the underwriting agreement related to the IPO;
(ii) in connection with any underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment use reasonable best efforts to obtain opinions of counsel to the Registration Statement Company (which counsel and opinions, in form, scope and substance, shall be reasonably satisfactory to the underwriters) addressed to the underwriters, covering such information matters as are customary to the managers extent reasonably agree should be included therein required by the applicable underwriting agreement;
(iii) in connection with any underwritten offering, use reasonable best efforts to obtain "cold comfort" letters and to which updates thereof from the independent public accountants of the Company does not reasonably object and make all required filings (and, if necessary, from the independent public accountants of such prospectus supplement or post-effective amendment as soon as practicable after it is notified any subsidiary of the Company or of any business acquired by the Company for which financial statements and financial data are, or are required to be, included in the Registration Statement), addressed to E-Z-EM and the underwriters, in customary form and covering matters of the type customarily covered in "cold comfort" letters in connection with secondary underwritten offerings of equity securities;
(iv) in connection with any underwritten offering, use reasonable best efforts to deliver such documents and certificates as may be included reasonably requested by E-Z-EM and the underwriters, if any, including, without limitation, certificates to evidence compliance with any conditions contained in the underwriting agreement or incorporated in such prospectus supplement or post-effective amendmentother agreements entered into by the Company; and
(jv) maintain undertake such obligations relating to expense reimbursement, indemnification and contribution as provided in Section 2.4 and ARTICLE 4 hereof.
(l) The Company shall comply with all applicable rules and regulations of the Commission and make available to its security holders an earnings statement, as soon as reasonably practicable but in no event later than 90 days after the end of the twelve month period commencing on the first day of any fiscal quarter after the date hereof following each sale by E-Z-EM of Applicable Securities, which earnings statement shall cover such twelve-month period and shall satisfy the requirements under the Securities Act.
(m) In respect of a transfer agent Registration Statement under Section 2.1 (and registrar for not Section 2.2), the Common StockCompany shall use reasonable best efforts to take all other steps reasonably necessary to effect the timely registration, offering and sale of the Applicable Securities covered by the Registration Statements contemplated hereby.
Appears in 2 contracts
Sources: Corporate Agreement (Angiodynamics Inc), Corporate Agreement (Angiodynamics Inc)
Registration Procedures. If and whenever In the case of each registration, qualification or compliance effected by the Company is required by any of the provisions of pursuant to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActAgreement, the Company shall (except keep each Holder or its counsel advised in writing as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance initiation of each registration, qualification and cooperation compliance and as reasonably required with respect to each Registration Statementthe completion thereof At its expense the Company shall:
(a) (i) prepare Prepare and file with the Commission such a registration statement, and all requisite supplements and amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act thereto, with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire securities and use its best efforts to sell or otherwise dispose of the same cause such registration statement, as amended, to become and remain effective for at least one hundred twenty (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act120) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleadingdays;
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof Furnish to the Holders as required by Section 4(c) and reflect or their counsel participating in such documents all such comments as registration and to the Holders (and their counsel) reasonably may propose; (ii) furnish to each underwriters of the Holders securities being registered such numbers reasonable number of copies of a prospectus including a the registration statement, and all supplements and amendments thereto, preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, final prospectus and such other documents, documents as any of the Holders such underwriters may reasonably request in order to facilitate the public sale or offering of such securities and such other disposition of the Registrable Securities owned by such Holder; and (iii) provide information necessary to allow the Holders copies of any comments and communications from participating in such registration to remain reasonably informed about the Commission relating to the Registration Statement, if lawful to do sopublic offering;
(c) With respect to registrations effected pursuant to Section 6 and Section 7 above, use its best efforts to register and qualify the Registrable Securities securities covered by the Registration Statement such registration statement under such other securities or blue sky laws of such jurisdictions as any of shall be reasonably requested by the Holders Holders; provided, however, that the Company shall reasonably request (subject to the limitations set forth not be required in Section 4(c) above), and do any and all other acts and things which may be necessary connection therewith or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;as a condition
(d) list such Registrable Securities on With respect to registrations effected pursuant to Section 7 above, in the markets where event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing Underwriter of such Registrable Securities is then permitted under the rules of such marketsoffering;
(e) notify the Holders Notify each Holder of Registrable Securities or its counsel covered by such registration statement, at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and ; and
(f) At the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make request of any sales Holder requesting registration of Registrable Securities pursuant to Section 5, Section 6 or Section 7 above, furnish to the Registration Statement;
(f) after becoming aware Holders participating in such registration and to the underwriters, if any, of such eventoffering, notify each of on the Holders who holds date that such Registrable Securities are delivered to the underwriters for sale in connection with a registration statement pursuant to SectionS, Section 6 or Section 7 above, if such securities are being sold (through underwriters, or, in if such securities are not being sold through underwriters, on the event of an underwritten offeringdate that the registration statement with respect to such securities becomes effective, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) an opinion, dated such date, of counsel representing the Company for the purposes of registration addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities and (ii) a letter, dated such date, from the independent certified public accountants of the Company, in the event of form and substance as is customarily given by independent public accountants to underwriters in an underwritten public offering, promptly include or incorporate in a prospectus supplement or post-effective amendment addressed to the Registration Statement such information as the managers reasonably agree should be included therein underwriters, if any, and to which the Company does not reasonably object and make all required filings Holders requesting registration of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockRegistrable Securities.
Appears in 2 contracts
Sources: Rights Agreement (Pegasus Systems Inc), Rights Agreement (Pegasus Systems Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementEffective Date, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Tangible Asset Galleries Inc), Registration Rights Agreement (Tangible Asset Galleries Inc)
Registration Procedures. If In connection with its obligations contained in Sections 2.01 and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act2.02, the Company shall (except as otherwise provided in this Agreement)ETE will, as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Demand Registration Statement and the prospectus used in connection therewith as may be necessary to keep such a Demand Registration Statement that is a shelf registration effective for the Effectiveness Period and as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by the Demand Registration Statement;
(b) furnish to each Selling Holder (i) as far in advance as reasonably practicable before filing any registration statement contemplated by this Agreement or any supplement or amendment thereto, upon request, copies of reasonably complete drafts of all such documents proposed to be filed (including furnishing or making available exhibits and each document incorporated by reference therein to the extent then required by the rules and regulations of the Commission), and provide each such Selling Holder the opportunity to object to any information pertaining to such Selling Holder and its plan of distribution that is contained therein and make the corrections reasonably requested by such Selling Holder with respect to such information prior to filing such registration statement or supplement or amendment thereto, and (ii) such number of copies of such registration statement and the prospectus included therein and any supplements and amendments thereto as such Persons may reasonably request in order to facilitate the public sale or other disposition of all the Registrable Securities covered by such Registration Statement whenever any of registration statement;
(c) if applicable, use its commercially reasonable efforts to register or qualify the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a covered by any registration statement pursuant contemplated by this Agreement under the securities or blue sky laws of such jurisdictions as the Selling Holders or, in the case of an Underwritten Offering, the Managing Underwriter, shall reasonably request, provided that ETE will not be required to Rule 415 promulgated qualify generally to transact business in any jurisdiction where it is not then required to so qualify or to take any action which would subject it to general service of process or taxation in any such jurisdiction where it is not then so subject;
(d) promptly notify each Selling Holder and each underwriter, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of (i) the filing of any registration statement contemplated by this Agreement or any prospectus or prospectus supplement to be used in connection therewith, or any amendment or supplement thereto, and, with respect to such registration statement contemplated by this Agreement, when the same has become effective; and (ii) take all lawful action such that any written comments from the Commission with respect to any filing referred to in clause (i) and any written request by the Commission for amendments or supplements to any registration statement contemplated by this Agreement or any prospectus or prospectus supplement thereto;
(e) immediately notify each Selling Holder and each underwriter, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of (Ai) the Registration Statement and happening of any amendment thereto does notevent as a result of which the prospectus or prospectus supplement contained in any registration statement contemplated by this Agreement, when it becomes effectiveas then in effect, contain includes an untrue statement of a material fact or omit omits to state a any material fact required to be stated therein or necessary to make the statements therein, therein not misleading in the light of the circumstances under which they were made, not misleading and then existing; (Bii) the prospectus forming part issuance or threat of issuance by the Commission of any stop order suspending the effectiveness of any registration statement contemplated by this Agreement, or the initiation of any proceedings for that purpose; or (iii) the receipt by ETE of any notification with respect to the suspension of the Registration Statementqualification of any Registrable Securities for sale under the applicable securities or blue sky laws of any jurisdiction. Following the provision of such notice, and any amendment ETE agrees to as promptly as practicable amend or supplement thereto, the prospectus or prospectus supplement or take other appropriate action so that the prospectus or prospectus supplement does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existingexisting and to take such other action as is necessary to remove a stop order, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such periodsuspension, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementthreat thereof or proceedings related thereto;
(f) after becoming aware furnish to each Selling Holder copies of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by any and all transmittal letters or other correspondence with the Commission of or any stop order other governmental agency or self-regulatory body or other suspension body having jurisdiction (including any domestic or foreign securities exchange) relating to such offering of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionRegistrable Securities;
(g) cooperate furnish within 30 days of a written request, which may be made from time to time, whether in the case of an Underwritten Offering or otherwise in connection with the sale or resale of the Registrable Securities, (i) an opinion of counsel for ETE, dated the effective date of the applicable registration statement or the date of any amendment or supplement thereto, and a letter of like kind dated the date of the closing under the underwriting agreement, if any, and (ii) a “comfort letter,” dated the effective date of the applicable registration statement or the date of any amendment or supplement thereto and a letter of like kind dated the date of the closing under the underwriting agreement, if any, in each case, signed by the independent public accountants who have certified ETE’s financial statements included or incorporated by reference into the applicable registration statement, and each of the opinion and the “comfort letter” shall be in customary form and covering substantially the same matters with respect to such registration statement (and the prospectus and any prospectus supplement included therein) and as are customarily covered in opinions of issuer’s counsel and in accountants’ letters delivered to the underwriters in Underwritten Offerings of securities, and such other matters as such underwriters may reasonably request;
(h) otherwise use its commercially reasonable efforts to comply with all applicable rules and regulations of the Commission, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least 12 months, but not more than 18 months, beginning with the first full calendar month after the effective date of such registration statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 promulgated thereunder;
(i) make available to the appropriate representatives of the Managing Underwriter and Selling Holders access to facilitate such information and ETE personnel as is reasonable and customary to enable such parties to establish a due diligence defense under the timely preparation Securities Act; provided that ETE need not disclose any information to any such representative unless and delivery of certificates for until such representative has entered into a confidentiality agreement with ETE;
(j) cause all such Registrable Securities registered pursuant to this Agreement to be listed on each securities exchange or nationally recognized quotation system on which similar securities issued by ETE are then listed;
(k) use its commercially reasonable efforts to cause the Registrable Securities to be offered pursuant to the Registration Statement and enable registered with or approved by such certificates for the Registrable Securities to other governmental agencies or authorities as may be in such denominations or amounts, as the case may be, as any necessary by virtue of the business and operations of ETE to enable the Selling Holders reasonably may request and registered in such names as any of to consummate the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion disposition of such counselRegistrable Securities;
(hl) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain provide a transfer agent and registrar for all Registrable Securities covered by such registration statement not later than the effective date of such registration statement;
(m) enter into customary agreements and take such other actions as are reasonably requested by the Selling Holders or the underwriters, if any, in order to expedite or facilitate the disposition of such Registrable Securities; and
(n) notify the Selling Holders in advance of ETE’s or any affiliate’s intent to conduct any repurchase of Common StockUnits, whether in the open market, through privately negotiated transactions, by tender offer or otherwise. Each Selling Holder, upon receipt of notice from ETE of the happening of any event of the kind described in subsection (e) of this Section 2.04, shall forthwith discontinue disposition of the Registrable Securities until such Selling Holder’s receipt of the copies of the supplemented or amended prospectus contemplated by subsection (e) of this Section 2.04 or until it is advised in writing by ETE that the use of the prospectus may be resumed, and has received copies of any additional or supplemental filings incorporated by reference in the prospectus, and, if so directed by ETE, such Selling Holder will, or will request the managing underwriter or underwriters, if any, to deliver to ETE (at ETE’s expense) all copies in their possession or control, other than permanent file copies then in such Selling Holder’s possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice.
Appears in 2 contracts
Sources: Unitholder Rights and Restrictions Agreement (Energy Transfer Equity, L.P.), Unitholder Rights and Restrictions Agreement (Enterprise GP Holdings L.P.)
Registration Procedures. If and whenever the Company is any Warrant Shares are required by any of to be registered pursuant to the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 5, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementshall:
(a) at least three (i3) prepare and file with the Commission Business Days before filing such Registration Statement, Prospectus or amendments and or supplements thereto, furnish to the Registration Statement Holder copies of such documents proposed to be filed, which documents shall be subject to the review and comment of such counsel;
(b) notify the prospectus used in connection therewith as may be necessary to keep Holder, promptly after the Company receives notice thereof, of the time when such Registration Statement has been declared effective and or a supplement to comply with the provisions any Prospectus forming a part of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleadinghas been filed;
(ic) prior furnish to the filing with Holder such number of copies of the Commission of any Prospectus included in such Registration Statement (including any amendments theretoeach preliminary Prospectus) and the distribution or delivery of any prospectus supplement thereto (in each case including any supplements thereto), provide draft copies thereof to the Holders as required all exhibits and documents incorporated by Section 4(creference therein) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, documents as any of the Holders Holder may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soWarrant Shares;
(cd) utilize commercially reasonable efforts to register and or qualify the Registrable Securities covered by the Registration Statement such Warrant Shares under such other securities or “blue sky sky” laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), selling holder requests and do any and all other acts and things which may be reasonably necessary or advisable to enable such the Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of disposition; provided that the Company is listed as shall not be required to qualify generally to do business, subject itself to general taxation or consent to general service of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketsprocess in any jurisdiction where it would not otherwise be required to do so but for this Section 5.2(f);
(e) notify the Holders Holder, at any time when a prospectus Prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus Prospectus included in the such Registration Statement, as then in effect, includes Statement contains an untrue statement of a material fact or omits to state a material any fact required to be stated therein or necessary to make the statements therein not misleading in misleading, and, at the light request of the circumstances then existingany such holder, and the Company shall prepare a supplement or amendment to such Prospectus so that, as thereafter delivered to the purchasers of such Warrant Shares, such Prospectus shall not contain an untrue statement of a material fact or omit to state any fact necessary to make the statements therein not misleading;
(f) make available for inspection by the Holder, any underwriter participating in any disposition pursuant to such Registration Statement and file a curative amendment under Section 6(a) as quickly as reasonably possible and during any attorney, accountant or other agent retained by the Holder or any such periodunderwriter (collectively, the Holders shall not make “Inspectors”), all financial and other records, pertinent corporate documents and properties of the Company (collectively, the “Records”), and cause the Company’s officers, directors and employees to supply all information requested by any sales of Registrable Securities pursuant to the such Inspector in connection with such Registration Statement;
(fg) after becoming aware of cause such event, notify Warrant Shares to be listed on each of securities exchange on which the Holders who holds Registrable Securities being sold Common Stock is then listed;
(or, h) in the event of connection with an underwritten offering, enter into such customary agreements (including underwriting and lock-up agreements in customary form) and take all such other customary actions as the Holder or the managing underwritersunderwriter of such offering request in order to expedite or facilitate the disposition of such Warrant Shares (including, without limitation, making appropriate officers of the Company available to participate in “road show” and other customary marketing activities, including one-on-one meetings with prospective purchasers of the Warrant Shares);
(i) otherwise comply with all applicable rules and regulations of the Commission and make available to its stockholders an earnings statement (in a form that satisfies the provisions of Section 11(a) of the issuance Securities Act and Rule 158 thereunder) no later than thirty (30) days after the end of the 12-month period beginning with the first day of the Company’s first full fiscal quarter after the effective date of such Registration Statement, which earnings statement shall cover said 12-month period, and which requirement will be deemed to be satisfied if the Company timely files complete and accurate information on Forms 10-Q, 10-K and 8-K under the Exchange Act and otherwise complies with Rule 158 under the Securities Act;
(j) if such Piggyback Registration is an underwritten offering, furnish to the Holder and each underwriter, if any, with (i) a legal opinion of the Company’s outside counsel, dated the effective date of such Registration Statement (and, if such registration includes an underwritten public offering, dated the date of the closing under the underwriting agreement), in form and substance as is customarily given in opinions of the Company’s counsel to underwriters in underwritten public offerings; and (ii) a “comfort” letter signed by the Company’s independent certified public accountants in form and substance as is customarily given in accountants’ letters to underwriters in underwritten public offerings;
(k) without limiting Section 5.2(d) above, cause such Warrant Shares to be registered with or approved by such other governmental agencies or authorities as may be necessary by virtue of the business and operations of the Company to enable the Holder to consummate the disposition of such Warrant Shares in accordance with their intended method of distribution thereof;
(l) notify the Holder promptly of any request by the Commission for the amending or supplementing of such Registration Statement or Prospectus or for additional information; and
(m) advise the Holder, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of any stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening of any proceeding for such purpose and promptly prevent the issuance of any stop order or other suspension of the effectiveness of the Registration Statement to obtain its withdrawal at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of moment if such stop order should be issued. Notwithstanding anything to the contrary in this Section 5.2, the Company shall not be required to file a Piggyback Registration, or other suspension;
(g) cooperate with if a Piggyback Registration is filed, obtain or maintain the effectiveness of, such Piggyback Registration, provided, however, that the Company shall provide written notice to the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event that after the date of an underwritten offeringeffectiveness of a Piggyback Registration, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings elects to no longer maintain the effectiveness of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockPiggyback Registration.
Appears in 2 contracts
Sources: Warrant Agreement (BitNile Holdings, Inc.), Warrant Agreement (BitNile Holdings, Inc.)
Registration Procedures. If and whenever the Company is required by any (a) In case of the provisions of Shelf Registration Statement effected by the Issuer subject to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 6, the Company Issuer shall (except keep the Investor, on behalf of Holder, advised in writing as otherwise provided in this Agreement)to the initiation of such registration, and as expeditiously as possibleto the completion thereof. In addition, subject to Section 6.2 above, the Holders’ assistance and cooperation as reasonably required with respect Issuer shall, to each the extent applicable to the Shelf Registration Statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Shelf Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration continuously effective and to comply with the provisions of the Securities Act with respect to the sale free from any material misstatement or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or omission necessary to make the statements therein, in light of the circumstances under which they were madecircumstances, not misleading misleading, and comply with provisions of the Securities Act with respect to the disposition of all securities covered thereby during the period referred to in Section 6.2;
(ii) update, correct, amend and supplement the Shelf Registration Statement as necessary;
(iii) notify the Holder promptly when the Shelf Registration Statement is declared effective by the SEC, and furnish such number of prospectuses, including preliminary prospectuses, and other documents incident thereto as Holder may reasonably request from time to time;
(iv) use its commercially reasonable efforts to register or qualify such Registrable Securities under such other securities or blue sky laws of such jurisdictions of the United States where an exemption is not available and as Holder may reasonably request to enable it to consummate the disposition in such jurisdiction of the Registrable Securities (provided that the Issuer will not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this provision, or (B) the prospectus forming part consent to general service of the Registration Statementprocess in any such jurisdiction, and or (C) subject itself to taxation in any amendment or supplement thereto, does jurisdiction where it is not already subject to taxation);
(v) notify Holder at any time during when a prospectus relating to the Registrable Securities is required to be delivered under the Securities Act, of the happening of any event as a result of which the prospectus included in the Shelf Registration Period include Statement contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading, and subject to Section 6.3(d), the Issuer will promptly prepare a supplement or amendment to such prospectus, so that, as thereafter delivered to purchasers of such shares, such prospectus will not contain any untrue statements of a material fact or omit to state a material any fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ivi) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents cause all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned to be listed on each securities exchange on which similar securities issued by such Holder; the Issuer are then listed and obtain all necessary approvals from The OTC Bulletin Board (iiiif any) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do sofor trading thereon;
(cvii) register provide a transfer agent and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and registrar for all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of not later than the effective date of the Shelf Registration Statement;
(viii) upon the sale of any Registrable Securities pursuant to the Shelf Registration Statement, if direct the listing of such transfer agent to remove all restrictive legends from all certificates or other instruments evidencing the Registrable Securities is then permitted under the rules of such marketsSecurities;
(eix) notify With a view to making available to the Holders Holder the benefits of certain rules and regulations of the SEC that at any time when permit the sale of the Registrable Securities to the public without registration, so long as any Registrable Securities are outstanding, the Issuer shall use its commercially reasonable efforts for a prospectus relating thereto covered by period of two years following the Registration Statement is required date of Closing:
(1) to be delivered make and keep public information available, as those terms are understood and defined in Rule 144(c) under the Securities Act;
(2) to file with the SEC in a timely manner all reports and other documents required of the Issuer under the Exchange Act; and
(3) to furnish to the Holder upon any reasonable request a written statement by the Issuer as to its compliance with the public information requirements of Rule 144(c) under the Securities Act; and
(x) To advise the Holder promptly after it has received notice or obtained knowledge of the existence of any stop order by the SEC delaying or suspending the effectiveness of the Shelf Registration Statement or of the initiation or threat of any proceeding for that purpose, and to make every commercially reasonable effort to obtain the withdrawal of any order suspending the effectiveness of the Shelf Registration Statement at the earliest possible time.
(b) Notwithstanding anything stated or implied to the contrary in Section 6.3(a) above, the Issuer shall not be required to consent to any underwritten offering of the Registrable Securities or to any specific underwriter participating in any underwritten public offering of the Registrable Securities.
(c) Each Holder agrees that upon receipt of any notice from the Issuer of the happening of any event of which it has knowledge as a result of which the prospectus included kind described in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existingSection 6.3(a)(v), and the Company shall prepare and file a curative amendment under subject to Section 6(a) as quickly as reasonably possible and during 6.3 (d), such period, the Holders shall not make any sales Holder will forthwith discontinue such Holder's disposition of Registrable Securities pursuant to the Registration Statement;registration statement relating to such Registrable Securities until such Holder's receipt of the copies of the supplemented or amended prospectus contemplated by Section 6.3(a)(v) and, if so directed by the Issuer, will deliver to the Issuer at the Issuer's expense all copies, other than permanent file copies, then in such Holder's possession, of the prospectus relating to such Registrable Securities current at the time of receipt of such notice.
(fd) after becoming aware In addition to any discontinuance of such a Holder's disposition of Registrable Securities under paragraph (c) above, the Issuer, upon the happening of any pending corporate development, public filing with the SEC or similar event, notify each of the Holders who holds Registrable Securities being sold (orthat, in the event of an underwritten offering, the managing underwriters) good faith judgment of the issuance Issuer's Board of Directors based on the advice of counsel, renders it advisable to suspend use of the prospectus, may, for no more than thirty (30) days in the aggregate per event (each a "Suspension Event"), suspend use of the prospectus, on written notice to each Holder (which notice will not disclose the content of any material non-public information and will indicate the date of the beginning and end of the intended period of suspension, if known), in which case each Holder shall discontinue disposition of Registrable Securities covered by the Commission registration statement related to such Registrable Securities or prospectus until copies of a supplemented or amended prospectus are distributed to the Holders or until the Holders are advised in writing by the Issuers that sales of Registrable Securities under the applicable prospectus may be resumed and have received copies of any stop order additional or other supplemental filings that are incorporated or deemed incorporated by reference in any such prospectus. The suspension and notice thereof described in this Section 6.3(d) shall be subject to the confidentiality provisions of Section 5.4 herein and shall not be disclosed by the Holders. The Issuer may not utilize the suspension described in this Section 6.3(d) for more than two (2) Suspension Events in any 12-month period. The Issuer will use commercially reasonably efforts to ensure that the use of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Shelf Registration Statement and enable such certificates prospectus may be resumed as promptly as practicable.
(e) Except as required by law, all expenses incurred by the Issuer in complying with this Section 6, including but not limited to, all registration, qualification and filing fees, printing expenses, fees and disbursements of counsel and accountants for the Issuer, blue sky fees and expenses (including fees and disbursements of counsel related to all blue sky matters) incurred in connection with any registration, qualification or compliance pursuant to this Section 6 shall be borne by the Issuer. All underwriting discounts and selling commissions applicable to a sale incurred in connection with any registration of Registrable Securities to and the legal fees and other expenses of a Holder shall be in borne by such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockHolder.
Appears in 2 contracts
Sources: Subscription Agreement (Knot Inc), Subscription Agreement (Knot Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Holder's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder of such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Holder such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Holder may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Holder shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such each Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such Holder, except that the Company shall not for any such purpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where Primary Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange;
(e) notify the Holders each Holder at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Holder (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Holder to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Holder reasonably may request and registered in such names as any of the Holders Holder may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersHolder) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Holder of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Paradigm Medical Industries Inc), Registration Rights Agreement (Geotec Thermal Generators Inc)
Registration Procedures. If and whenever the The Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementwill:
(a) (i) if necessary, as determined by counsel to the Company, prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement current and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of effective throughout the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleadingPeriod;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (iib) furnish to each Holder who effects sales of Registrable Shares pursuant to the Holders Registration Statement such numbers number of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, documents as any of the Holders such Holder may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned Shares by such Holder; , and (iii) provide promptly furnish to the Holders copies each Holder notice of any comments and communications from stop order or similar notice issued by the Commission relating to or state agency charged with the Registration Statement, if lawful to do soregulation of securities;
(c) use commercially reasonable efforts to register and or qualify the Registrable Securities covered by the Registration Statement Shares under such other securities or state blue sky or other state securities laws of such jurisdictions as any of to enable the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities Shares owned by such HolderHolders; provided, however, that in no event shall the Company be obligated to qualify to do business in any jurisdiction where it is not at the time so qualified or to take any action which would subject it to service of process in suits other than those arising out of the offer or sale of Registrable Shares in any jurisdiction where it is not at the time so subject; provided, further, that in no event shall the Company be obligated to register or qualify the Registrable Shares under state blue sky or other state securities laws if such registration or qualification cannot be effected without undue burden or expense to the Company, as determined by the Board of Directors of the Company;
(d) list such notify each Holder of Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders Shares at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes Statement or any document incorporated therein by reference contains an untrue statement of a material fact or omits to state a any material fact required to be stated therein or necessary to make the statements therein not misleading in the light misleading;
(e) otherwise use commercially reasonable efforts to comply with all applicable rules and regulations of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;Commission; and
(f) after becoming aware of such event, notify each of the Holders who holds cause all Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities Shares to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities sold to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to listed on each securities exchange on which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to Common Stock may hereafter be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stocklisted.
Appears in 2 contracts
Sources: Registration Agreement (Amresco Inc), Registration Agreement (Amresco Inc)
Registration Procedures. If and whenever In the Company is required case of each registration effected by any of the provisions of Corporation pursuant to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActExhibit, the Company shall (except Corporation will keep each Holder advised in writing as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance initiation of such registration and cooperation as reasonably required with respect to each Registration Statementthe completion thereof. The Corporation will:
(a) (i) prepare Prepare and file with the Commission a registration statement and such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary and cause such registration statement to keep such Registration Statement become and remain effective and to comply with until (i) the provisions second anniversary following the date of the Securities Act with respect to the sale Closing, or other disposition of (ii) all Registrable Securities covered by such Registration Statement whenever any included in the registration statement have been sold, whichever comes first, except that the Corporation shall be permitted to suspend the use of the Holder shall desire registration statement during certain periods as set forth below in this Section 2.2; and
(b) Furnish to sell or otherwise dispose the Holders participating in such registration and to any underwriters of the same (including securities being registered such reasonable number of copies of the registration statement, preliminary prospectus, final prospectus supplements with respect and such other documents as such underwriters may reasonably request in order to facilitate the sales public offering of Registrable Securities from time to time such securities. Notwithstanding the foregoing, the Corporation shall notify each Holder whose securities are included in connection with a registration of the happening of any event which makes any statement pursuant made in the registration statement or related prospectus or any document incorporated or deemed to Rule 415 promulgated under be incorporated therein by reference untrue in any material respect or which requires the Securities Act) and (ii) take all lawful action such that each making of (A) any changes in the Registration Statement and any amendment thereto does notregistration statement or prospectus so that, when in the case of the registration statement, it becomes effective, will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein not misleading, and that in light the case of the circumstances under which they were madeprospectus, it will not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading;
(i) prior to . In such event, the filing with Corporation may suspend use of the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish on written notice to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicableparticipating Holder, in conformity with the requirements which case each participating Holder shall not dispose of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities registration statement or blue sky laws prospectus until copies of a supplemented or amended prospectus are distributed to the participating Holders or until the participating Holders are advised in writing by the Corporation that the use of the applicable prospectus may be resumed (the period of such jurisdictions as any suspension shall be a "Blackout Period"). The Corporation shall ensure that the use of the Holders shall reasonably request (subject prospectus may be resumed as soon as practicable. The Corporation shall, upon the occurrence of any event contemplated by this paragraph, prepare a supplement or post-effective amendment to the limitations set forth in Section 4(c) above)registration statement or a supplement to the related prospectus or any document incorporated therein by reference or file any other required document so that, and do any and all other acts and things which may be necessary or advisable as thereafter delivered to enable such Holder to consummate the public sale or other disposition in such jurisdiction purchasers of the Registrable Securities owned by being sold thereunder, such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes will not contain an untrue statement of a material fact or omits omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading therein, in the light of the circumstances then existingunder which they were made, and not misleading. In the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such periodevent that the Corporation declares one or more Blackout Periods, the Holders two-year anniversary period set forth in Section 2.2(a) shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance be extended by the Commission number of days that constitute any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockBlackout Periods.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (Xenonics Holdings, Inc.), Common Stock and Warrant Purchase Agreement (Xenonics Holdings, Inc.)
Registration Procedures. If and whenever In the Company is required case of each registration effected by any of the provisions of this Agreement Corporation pursuant to effect the registration of any of the Registrable Securities under the Securities ActSection II, the Company Corporation shall (except keep each Holder advised in writing as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance initiation of each registration and cooperation as reasonably required with respect to each Registration Statementthe completion thereof. At its expense, the Corporation shall:
(a) Keep such registration effective for a period ending on such time as the Holder or Holders have completed the distribution described in the Registration Statement relating thereto;
(ib) prepare Prepare and file with the Commission SEC such amendments and supplements to the such Registration Statement and the prospectus or Free Writing Prospectus used in connection therewith with such Registration Statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever for the period set forth in Section 2.4(a);
(c) Furnish such number of prospectuses, including any preliminary prospectuses and Free Writing Prospectuses, and other documents incident thereto, including any amendment of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect supplement to the sales of Registrable Securities prospectus, as a Holder from time to time may reasonably request;
(d) Register and qualify the securities covered by such Registration Statement under such other securities or Blue Sky laws of such jurisdiction as shall be reasonably requested by the Holders; provided that the Corporation shall not be required in connection therewith or as a condition thereto to qualify to do business, to subject itself to general taxation or to execute a general consent to service in any such states or jurisdictions in effecting such registration, qualification or compliance, unless the Corporation is already subject to service in such jurisdiction and except as may be required by the Securities Act;
(e) Take all reasonable actions to ensure that any prospectus or Free Writing Prospectus utilized in connection with a any registration statement pursuant to Rule 415 promulgated under hereunder (i) complies in all material respects with the Securities Act) and , (ii) take all lawful action such that each of is filed in accordance with the Securities Act to the extent required thereby and is retained in accordance with the Securities Act to the extent required thereby, (Aiii) when taken together with the Registration Statement and related prospectus, will not contain any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading, and (iv) in the case of such prospectus or Free Writing Prospectus, will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(if) prior to the filing with the Commission Notify each seller of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the such Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act of the happening of any event of which it has knowledge as a result of which the prospectus included in the such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existingin which they were made, and the Company shall following such notification promptly prepare and file furnish to such seller a curative reasonable number of copies of a supplement to or an amendment under Section 6(a) of such prospectus as quickly may be necessary so that, as reasonably possible and during thereafter delivered to the purchasers of such periodShares, the Holders such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each statements therein not misleading in the light of the Holders who holds Registrable Securities being sold (or, circumstances in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionwhich they were made;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain Provide a transfer agent and registrar for all Registrable Securities registered pursuant to such Registration Statement and a CUSIP number for all such Registrable Securities, in each case not later than the Common Stockeffective date of such Registration Statement;
(h) Take all reasonable actions in connection with each registration effected by the Corporation in order to expedite or facilitate the disposition of such Registrable Securities, and to the extent required by the underwriter, participate, on a customary basis and upon reasonable advance notice, in a road show of reasonable duration arranged by the underwriter with investors;
(i) Cause all such Registrable Securities registered pursuant to this Agreement to be listed or quoted on each securities exchange or quotation system on which similar securities issued by the Corporation are then listed or quoted;
(j) In connection with any underwritten offering pursuant to a Registration Statement filed pursuant to Sections 2.1 or 2.2, enter into and perform its obligations under an underwriting agreement in form reasonably necessary to effect the offer and sale of Shares; provided that such underwriting agreement contains reasonable and customary provisions; and provided, further, that each Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement (provided that the Corporation’s obligations under this Section 2.3(j) to each performing Holder shall not be affected or limited by the lack of performance by any other Holder);
(k) Notify each Holder as soon as reasonably practicable after notice thereof is received by the Corporation of any written comments by the SEC or any request by the SEC or any other Governmental Authority for amendments or supplements to such Registration Statement or such prospectus or for additional information;
(l) Use reasonable efforts to prevent and remediate the issuance of any stop order suspending the effectiveness of a Registration Statement, or of any order suspending or preventing the use of any related prospectus or suspending the qualification of any securities included in such Registration Statement for offering or sale in any jurisdiction and notify each Holder covered by such Registration Statement as soon as reasonably practicable after notice thereof is received by the Corporation of the issuance by the SEC of any such stop order or order suspending or preventing the use of any related prospectus or suspending the qualification of any securities included in such Registration Statement for sale in any jurisdiction or of the initiation or threatening of any proceedings for such purposes, or any notification with respect to the suspension of the qualification of the securities included in such Registration Statement for offering or sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose;
(m) Make available for inspection by each Holder including Registrable Securities in such registration, any underwriter participating in any distribution pursuant to such registration and any attorney, accountant or other agent retained by such Holder or underwriter, all financial and other records, pertinent company or corporate documents and properties of the Corporation, as such parties may reasonably request, and cause the Corporation’s officers, directors and employees to supply all information (including in due diligence calls and meetings) reasonably requested by any such Holder, underwriter, attorney, accountant or agent in connection with such Registration Statement;
(n) In connection with any underwritten offering pursuant to a Registration Statement filed pursuant to Sections 2.1 or 2.2, obtain for delivery to the underwriters an opinion or opinions from counsel for the Corporation, dated the date of the closing of the offering and such other dates as the underwriting agreement may provide, in customary form, scope and substance, which opinion or opinions shall be reasonably satisfactory to such underwriters and their counsel; and
(o) In connection with any underwritten offering pursuant to a Registration Statement filed pursuant to Sections 2.1 or 2.2, obtain for delivery to the underwriters and the Board one or more “comfort” letters from the independent public accountants for the Corporation, dated the date of the underwriting agreement and such other dates as the underwriting agreement may provide, in customary form, scope and substance, which comfort letters shall be reasonably satisfactory to such underwriters and their counsel.
Appears in 2 contracts
Sources: Registration Rights Agreement (OneStream, Inc.), Registration Rights Agreement (OneStream, Inc.)
Registration Procedures. If and whenever In connection with the obligations of the Company is required by any of pursuant to Sections 5.01, 5.02 and 5.03, the provisions of this Agreement Company shall use its commercially reasonable efforts to effect or cause to be effected the registration of any under the Securities Act of the Registrable Securities under entitled to be included in such registration in order to permit the sale of such Registrable Securities Act(in accordance with their intended method or methods of distribution, in the case of a Required Registration Statement), and the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementshall:
(a) (i) prepare and file a Registration Statement with the Commission SEC (within the time period specified in Section 5.01 or 5.02, as applicable, in the case of a Required Registration Statement) which Registration Statement (x) shall be on a form selected by the Company for which the Company qualifies, (y) shall be available for the sale or exchange of the Registrable Securities in accordance with the intended method or methods of distribution, in the case of a Required Registration Statement, and (z) shall comply as to form in all material respects with the requirements of the applicable form and include all financial statements required by the SEC to be filed therewith, (ii) use its commercially reasonable efforts to cause such amendments Registration Statement to become effective and supplements to remain effective in accordance with Section 5.01 or 5.02, as applicable, in the case of a Required Registration Statement, and (iii) cause each Registration Statement and the related prospectus used and any amendment or supplement thereto, as of the effective date of such Registration Statement, amendment or supplement (x) to comply in connection therewith all material respects with any requirements of the Securities Act and the rules and regulations of the SEC and (y) not to contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading;
(b) in the case of a Required Registration Statement, and subject to Section 5.06(j), prepare and file with the SEC such amendments and post-effective amendments to each such Required Registration Statement as may be necessary to keep such Required Registration Statement effective for the applicable required period set forth herein with respect thereto; cause each prospectus forming part of such Required Registration Statement to be supplemented by any required prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Securities Act; and comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by each Required Registration Statement during the applicable required period in accordance with the intended method or methods of distribution by the Selling Holders, as set forth in such Registration Statement;
(c) furnish to each Selling Holder and to each underwriter of an Underwritten Offering of Registrable Securities covered by such Registration Statement, if any, without charge, as many copies of each prospectus forming part of such Registration Statement, including each preliminary prospectus, and any amendment or supplement thereto and such other documents as such Selling Holder or underwriter may reasonably request in order to facilitate the public sale or other disposition of such Registrable Securities; and subject to the Selling Holders' compliance with the provisions of Section 5.07(b), the Company hereby consents to the use of such prospectus, including each such preliminary prospectus, by each such Selling Holder and underwriter, if any, in connection with the offering and sale of such Registrable Securities;
(d) (i) use its commercially reasonable efforts to register or qualify the Registrable Securities covered by a Registration Statement, no later than the time such Registration Statement whenever is declared effective by the SEC, under all applicable state securities or "blue sky" laws of such jurisdictions as each underwriter, if any, or any Selling Holder shall reasonably request; (ii) use its commercially reasonable efforts to cause such registration or qualification to remain effective during the period such Registration Statement is required to be kept effective (in the case of a Required Registration Statement); and (iii) do any and all other acts and things which may be reasonably necessary to enable each such underwriter, if any, and Selling Holder to consummate the disposition in each such jurisdiction of the Registrable Securities covered by such Registration Statement; provided, however, that the Company shall not be required to register or qualify any Registrable Securities in any jurisdiction if registration or qualification in such jurisdiction would subject the Company to unreasonable burden or expense or, in the case of an Underwritten Offering, would unreasonably delay the commencement of such Underwritten Offering; and provided, further, that the Company shall not be obligated to qualify as a foreign corporation or as a dealer in securities in any jurisdiction in which it is not so qualified or to subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject or to consent to be subject to general service of process (other than service of process in connection with such registration or qualification or any sale of Registrable Securities in connection therewith) in any such jurisdiction;
(e) advise each Selling Holder shall desire promptly, and, if requested by such Selling Holder, confirm such advice in writing, (i) when a Registration Statement has become effective and when any post-effective amendments and supplements thereto become effective, (ii) during the period during which the Company is required hereunder to sell or otherwise dispose keep a Registration Statement effective, of the same issuance by the SEC or any state securities authority of any stop order, injunction or other order or requirement suspending the effectiveness of such Registration Statement or the initiation of any proceeding for that purpose, (including prospectus supplements iii) if, between the effective date of a Registration Statement and the closing of any sale of Registrable Securities covered thereby pursuant to any agreement to which the Company is a party, the representations and warranties of the Company contained in such agreement cease to be true and correct in all material respects or if the Company receives any notification with respect to the sales suspension of the qualification of such Registrable Securities for sale in any jurisdiction or the initiation of any proceeding for such purpose, and (iv) of the happening of any event during the period a Registration Statement is required hereunder to be effective as a result of which such Registration Statement or the related prospectus contains any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading;
(f) furnish counsel for each underwriter, if any, and for each Selling Holder copies of any request by the SEC or any state securities authority for amendments or supplements to a Registration Statement and prospectus or for additional information;
(g) use its commercially reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of a Registration Statement at the earliest possible time;
(h) upon request, furnish to the underwriter or managing underwriter of an Underwritten Offering of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that Securities, if any, without charge, at least one signed copy of each of (A) the Registration Statement and any post-effective amendment thereto, including financial statements and schedules, all documents incorporated therein by reference and all exhibits; and furnish to each Selling Holder, without charge, at least one conformed copy of each Registration Statement and any post-effective amendment thereto does not(without documents incorporated therein by reference or exhibits thereto, when it becomes effectiveunless requested);
(i) cooperate with each Selling Holder and the underwriter or managing underwriter of an Underwritten Offering of Registrable Securities, if any, to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold and not bearing any restrictive legends; and enable such Registrable Securities to be in such denominations (consistent with the provisions of the governing documents thereof) and registered in such names as each Selling Holder or the underwriter or managing underwriter of an Underwritten Offering of Registrable Securities, if any, may reasonably request at least three business days prior to any sale of Registrable Securities;
(j) upon the occurrence of any event contemplated by Section 5.06(e)(iv), during the period in which a Registration Statement is required hereunder to be kept in effect, use its commercially reasonable efforts to prepare a supplement or post-effective amendment to a Registration Statement or the related prospectus, or any document incorporated therein as thereafter delivered to the purchasers of the Registrable Securities covered by such Registration Statement, such that such prospectus will not contain an any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ik) prior in the case of an Underwritten Offering, enter into underwriting agreements in customary form, (including provisions with respect to the filing indemnification and contribution in customary form and consistent with the Commission of any Registration Statement (including any amendments theretoprovisions and procedures relating to indemnification and contribution contained herein) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) take all other customary and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request appropriate actions in order to expedite or facilitate the public sale or other disposition of the Registrable Securities owned covered by a Registration Statement as shall be reasonably requested by the underwriters, and in connection therewith:
(i) make such representations and warranties to the underwriters, if any, in form, substance and scope as are customarily made by issuers to underwriters in similar underwritten offerings;
(ii) obtain opinions of counsel to the Company and updates thereof (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the managing underwriters and the Selling Holders) addressed to each Selling Holder and the underwriters covering the matters customarily covered in opinions requested in sales of securities or underwritten offerings and such other matters as may be reasonably requested by such Holder; underwriters and Selling Holders;
(iii) provide obtain "cold comfort" letters and updates thereof from the Company's independent certified public accountants addressed to the Holders copies underwriters, which letters shall be customary in form and shall cover matters of any comments the type customarily covered in "cold comfort" letters to underwriters in connection with primary underwritten offerings; and
(iv) deliver such customary documents and communications from certificates as may be reasonably requested by the Commission relating to the Registration Statement, if lawful to do somanaging underwriters;
(cl) register make available for inspection by representatives of the Selling Holders and qualify the Registrable Securities covered by the any underwriters participating in any disposition pursuant to a Registration Statement under such other securities and any counsel or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned accountant retained by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock Selling Holders or underwriters all relevant financial and other records, pertinent corporate documents and properties of the Company is listed as and cause the respective officers, directors and employees of the effective date of the Registration StatementCompany to supply all information reasonably requested by any such representative, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when underwriter, counsel or accountant in connection with a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(fm) after becoming aware (i) within a reasonable time prior to the filing of any Registration Statement, any related prospectus, any amendment to a Registration Statement or amendment or supplement to a prospectus, provide copies of such eventdocument to each Selling Holder and to counsel to the Selling Holders and to the underwriter or underwriters of an Underwritten Offering of Registrable Securities, notify each if any; and consider in good faith such reasonable changes in any such document prior to or after the filing thereof as counsel to such Selling Holders or the underwriter or underwriters may request and make available such of the representatives of the Company as shall be reasonably requested by such Selling Holders who holds or any underwriter for discussion of such document; and (ii) within a reasonable time prior to the filing of any document which is to be incorporated by reference into a Registration Statement or a related prospectus, provide copies of such document to counsel for the Selling Holders; consider in good faith such reasonable changes in such document prior to or after the filing thereof as counsel for the Selling Holders or such underwriter shall request; and make available such of the representatives of the Company as shall be reasonably requested by such counsel for discussion of such document;
(n) use its commercially reasonable efforts to cause all Registrable Securities being sold covered by a Registration Statement to be listed on any securities exchange on which the Common Stock is then listed if so requested by the Selling Holders;
(oro) provide a CUSIP number for all Registrable Securities covered by a Registration Statement, in no later than the event effective date of such Registration Statement;
(p) otherwise use its best efforts to comply with all applicable rules and regulations of the SEC, and make available to its security holders, as soon as reasonably practicable, an underwritten offering, earnings statement covering at least 12 months which shall satisfy the managing underwritersprovisions of Section 11(a) of the issuance by Securities Act and Rule 158 thereunder; and
(q) cooperate and assist in any filing required to be made with the Commission NASD and in the performance of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
due diligence investigation by any underwriter (g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities including any "qualified independent underwriter" that is required to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities retained in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein rules and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified regulations of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockNASD).
Appears in 2 contracts
Sources: Stockholders Agreement (Ionics Inc), Purchase Agreement (Ionics Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Registration Statement Statements and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement Statements and any amendment amendments thereto does do not, when it they becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration StatementStatements, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission SEC of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(d) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may proposepropose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents); (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such HolderInvestor; and (iii) provide to the Holders each Investor copies of any comments and communications from the Commission SEC relating to the any Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the any Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the any Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the any Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, subject to Section 3(h), and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably commercially possible and during such period, the Holders Investors shall not make any sales of Registrable Securities pursuant to a Registration Statement and during such period; provided, however, any period during which the Investors are precluded from making sales of the Registrable Securities shall be included in the 20 calendar day period in Section 3(h) and any such days herein which exceed, or cause the Company to exceed, such 20 calendar day period shall be deemed a Registration Statement;Default and the Company shall be subject to Liquidated Damages as set forth in Section 3(f).
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission SEC of any stop order or other suspension of the effectiveness of the a Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the a Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three 4 Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the CommissionSEC, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the a Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Convertible Subordinated Debentures and Warrants Purchase Agreement (Fibercore Inc), Registration Rights Agreement (Fibercore Inc)
Registration Procedures. If The Company will keep each Holder advised in writing as to the initiation of the registration and whenever as to the completion thereof. At its expense, as long as the Company is required by any of to use its best efforts to keep the provisions of this Agreement Registration Statement effective pursuant to effect the registration of any of the Registrable Securities under the Securities ActSection 7.2 hereof, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementwill:
(a) (i) prepare Prepare and file with the Commission SEC such amendments and supplements to the Registration Statement and the prospectus used in connection therewith with such Registration Statement as may be necessary to keep such Registration Statement effective comply with Section 7.2 hereof and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever Statement;
(b) Furnish such number of prospectuses and other documents incident thereto, including any amendments of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities prospectus, as a Holder from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do sorequest;
(c) register and qualify the Notify each seller of Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act of the happening of any event of which it has knowledge as a result of which the prospectus included in the such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and at the request of any such seller, prepare and furnish to such seller a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchaser of such shares, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing;
(d) Cause all such Registrable Securities to be listed on each securities exchange on which similar securities issued by the Company shall prepare and file a curative amendment under are then listed, as set forth in Section 6(a7.9 hereof;
(e) as quickly as reasonably possible and during such period, the Holders shall not make Make available for inspection by any sales seller of Registrable Securities Securities, any underwriter participating in any disposition pursuant to the Registration Statement, and any attorney or accountant retained by any such seller or underwriter, all financial and other records, pertinent corporate documents and properties of the Company, and cause the Company's officers and directors to supply all information reasonably requested by any such seller, underwriter, attorney or accountant in connection with such Registration Statement: provided, however, that such seller, underwriter, attorney or accountant shall agree to hold in confidence and trust all information so provided;
(f) after becoming aware Furnish to each selling Holder upon request a copy of all documents filed with and all correspondence from or to the SEC in connection with any such event, notify each of offering other than non-substantive cover letters and the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionlike;
(g) cooperate Otherwise use its best efforts to comply with all applicable rules and regulations of the Holders SEC, and make generally available to facilitate its security holders, an earnings statement covering a period of at least twelve months beginning after the timely preparation and delivery effective date of certificates the Registration Statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act. Such statement may be provided to the Company's security holders through the first annual report mailed to such security holders which includes financial statements for the Registrable Securities to be offered pursuant appropriate period; provided, however, that if any Shares are converted into Common Stock prior to the Registration Statement and enable date such certificates for earnings statement is made generally available to the Registrable Securities to be in Company's security holders, the Company shall make such denominations or amounts, statement generally available as the case may be, soon as any of the Holders reasonably may request and registered in such names as any of the Holders may requestpracticable; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary Use its best efforts to expedite and facilitate register or qualify the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) securities or blue sky laws of each jurisdiction as any Holder shall reasonably request, to keep such registration or qualification in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to effect for so long as the Registration Statement remains in effect, and do any and all other acts or things which may be necessary or advisable to enable such information as Holder to consummate the managers reasonably agree should be included therein and to which public sale or other disposition in such jurisdictions of the Registrable Securities: provided, however, that the Company does shall not reasonably object and make all be required filings to consent to general service of such prospectus supplement or post-effective amendment as soon as practicable after process in any jurisdiction where it is notified not then qualified or subject itself to the payment of any taxes or the matters to jurisdiction of any taxing authority where the Company would not otherwise be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stocksubject.
Appears in 2 contracts
Sources: Series B Convertible Preferred Stock Purchase Agreement (Cambio Inc), Series C Convertible Preferred Stock Purchase Agreement (Global Pharmaceutical Corp \De\)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (Mediax Corp), Registration Rights Agreement (Svi Holdings Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Holder's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder of such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(b) (i) prior to the filing with the Commission SEC of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Holder and reflect in such documents all such comments as the Holders Holder (and their its counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Holder such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Holder may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Holder shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by Holder, except that the Company shall not for any such Holderpurpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where OTC Bulletin Board, if required, or the American Stock Exchange, other national securities exchange, the NASDAQ National Market or the NASDAQ Small-Cap Market, on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or NASDAQ;
(e) notify each Holder of Registrable Securities covered by the Holders Registration Statement, at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Holder who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission SEC of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Holder to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Holder reasonably may request and registered in such names as any of the Holders Holder may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the CommissionSEC, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersHolder whose Registrable Securities are included in such Registration Statement) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Holder of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Fieldpoint Petroleum Corp), Registration Rights Agreement (XML Global Technologies Inc)
Registration Procedures. If (a) In connection with each Registration, and whenever in accordance with the intended method or methods of distribution of the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActCommon Stock as described in such Registration, the Company shall (except as otherwise provided in this Agreement)shall, as expeditiously soon as possiblereasonably practicable (and, in any event, subject to the Holders’ assistance terms of this Agreement, including, without limitation, Section 2.01(a) hereof, at or before the time required by applicable laws and cooperation as reasonably required regulations):
(i) prepare and file with the Commission a Registration Statement with respect to each such Registrable Securities, which, if the method of distribution is by means of an underwriting, shall be in form and substance reasonably acceptable to the underwriters for such underwriting, and use its best efforts to cause such Registration Statement:Statement to become and remain effective for the period of the distribution contemplated thereby; PROVIDED, HOWEVER, that the Company shall use its best efforts to cause a Registration Statement on Form S-3 to remain effective until the earlier of (i) the disposition of all the Registrable Securities registered thereunder, and (ii) the expiration of the 90-day period commencing on the first day of the effectiveness of such Registration;
(a) (iii) prepare and file with the Commission such amendments and supplements to the such Registration Statement and the prospectus Prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement;
(iii) furnish to the Holder such numbers of copies of the Registration Statement whenever and the Prospectus included therein (including each preliminary prospectus and any amendments or supplements thereto), in conformity with the requirements of the Securities Act and such other documents and information as it may reasonably request;
(iv) (A) make available for inspection by the Holder and its counsel and financial advisors such financial and other information as shall be reasonably requested by them, and provide such Holder and its counsel and financial advisors the opportunity to discuss the business affairs of the Company with its principal executives and accountants, for the purposes of enabling the Holder to exercise its due diligence responsibilities under the Securities Act and (B) before the Registration Statement (and any amendments or supplements thereto) is filed, provide copies thereof to the Holder and its counsel and provide them with adequate time to review and comment thereon;
(v) use its best efforts to register or qualify the Registrable Securities covered by such Registration Statement under such other securities or blue sky laws of such jurisdiction within the United States and Puerto Rico as shall be reasonably appropriate for the distribution of the Registrable Securities covered by the Registration Statement; PROVIDED, HOWEVER, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business in or to file a general consent to service of process in any jurisdiction wherein it would not but for the requirements of this paragraph (v) be obligated to do so; and PROVIDED, FURTHER, that the Company shall not be required to qualify such Registrable Securities in any jurisdiction in which the securities regulatory authority requires that the Holder submit any of its Registrable Securities to the Holder shall desire terms, provisions and restrictions of any escrow, lockup or similar agreement(s) for consent to sell or otherwise dispose Registrable Securities in such jurisdiction unless such Holder agrees to do so;
(vi) promptly notify each Holder, at any time when a Prospectus relating to the Registrable Securities is required to be delivered under the Securities Act, of the same happening of any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances under which they were made, and at the request of any such Holder promptly prepare and furnish to such Holder a reasonable number of copies of a supplement to or an amendment of such Prospectus as may be necessary so that, as thereafter delivered to the purchasers of such securities, such Prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances under which they were made;
(vii) furnish, at the request of any Holder requesting Registration of Registrable Securities pursuant to Sections 2.01 or 2.02 hereof, if the method of distribution is by means of an underwriting, on the date that the Registrable Securities are delivered to the underwriters for sale pursuant to such registration, or if such Registrable Securities are not being sold through underwriters, on the date that the Registration Statement with respect to such Registrable Securities becomes effective, (1) a signed opinion, dated such date, of the independent legal counsel representing the Company for the purpose of such registration, addressed to the underwriters, if any, and if such Registrable Securities are not being sold through underwriters, then to the Holders making such request, as to such matters as such underwriters or the Holders holding a majority of the Registrable Securities included in such Registration, as the case may be, may reasonably request and as would be customary in such a transaction; and (2) letters dated such date and the date the offering is priced from the independent certified public accountants of the Company, addressed to the underwriters, if any, and if such Registrable Securities are not being sold through underwriters, then to the Holders making such request and, if such accountants refuse to deliver such letters to such Holders, then to the Company (A) stating that they are independent certified public accountants within the meaning of the Securities Act and that, in the opinion of such accountants, the financial statements and other financial data of the Company included in the Registration Statement or the Prospectus, or any amendment or supplement thereto, comply as to form in all material respects with the applicable accounting requirements of the Securities Act and (B) covering such other financial matters (including prospectus supplements information as to the period ending not more than five (5) business days prior to the date of such letters) with respect to the sales Registration in respect of which such letter is being given as such underwriters or the Holders holding a majority of the Registrable Securities included in such Registration, as the case may be, may reasonably request and as would be customary in such a transaction;
(viii) enter into customary agreements (including if the method of distribution is by means of an underwriting, an underwriting agreement in customary form) and take such other actions as are reasonably required in order to expedite or facilitate the disposition of the Registrable Securities to be so included in the Registration Statement;
(ix) otherwise use its best efforts to comply with all applicable rules and regulations of the Commission, and make available to its security holders, as soon as reasonably practicable, but not later than eighteen (18) months after the effective date of the Registration Statement, an earnings statement covering the period of at least twelve (12) months beginning with the first full month after the effective date of such Registration Statement, which earnings statements shall satisfy the provisions of Section 11(a) of the Securities Act; and
(x) use its best efforts to list the Company Common Stock covered by such Registration Statement with any securities exchange or recognized trading market on which the Company Common Stock are then listed.
(b) Each Holder requesting Registration shall furnish to the Company in writing such information regarding such Holder and its intended method of distribution of the Registrable Securities as the Company may from time to time reasonably request in connection writing, but only to the extent that such information is required in order for the Company to comply with a registration statement pursuant its obligations under all applicable securities and other laws and to Rule 415 promulgated under ensure that the Prospectus relating to such Registrable Securities conforms to the applicable requirements of the Securities Act) Act and (ii) take all lawful action the rules and regulations thereunder. Such Holder shall notify the Company as promptly as practicable of any inaccuracy or change in information previously furnished by such Holder to the Company or of the occurrence of any event, in either case as a result of which any Prospectus relating to the Registrable Securities contains or would contain an untrue statement of a material fact regarding such Holder or its intended method of distribution of such Registrable Securities or omits to state any material fact regarding such Holder or its intended method of distribution of such Registrable Securities required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, and promptly furnish to the Company any additional information required to correct and update any previously furnished information, or required so that each such prospectus shall not contain, with respect to such Holder or the intended method of (A) distribution of the Registration Statement and any amendment thereto does notRegistrable Securities, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Getty Images Inc), Registration Rights Agreement (Getty Images Inc)
Registration Procedures. If and whenever In connection with the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActRegistration Statements, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) (i) prepare and file The Company shall furnish to each Investor, prior to the Effective Time, a copy of any Registration Statement filed with the Commission SEC (or to be filed in the case of an automatically effective Registration Statement), and shall furnish to each Investor, prior to filing with the SEC, copies of each amendment thereto and each amendment or supplement, if any, to the Prospectus included therein, and shall in good faith consider the reasonable comments suggested by such amendments and supplements to counsel, including consideration of inclusion thereof in the Registration Statement or Prospectus. The Company shall deliver promptly to counsel to the Investors and to each underwriter, if any, participating in the offering of the Registrable Securities, copies of all correspondence between the SEC and the prospectus used in connection therewith Company, its counsel or its auditors with respect to such Registration Statement.
(b) The Company shall promptly take such action as may be necessary to keep such so that (i) each of the Registration Statement effective Statements and to comply any amendment thereto and the Prospectus forming a part thereof and any amendment or supplement thereto (and each report or other document incorporated therein by reference in each case) complies in all material respects with the provisions of the Securities Act with respect to and the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever Exchange Act and the respective rules and regulations thereunder, as in effect at any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and relevant time, (ii) take all lawful action such that each of (A) the Registration Statement Statements and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading, and (iii) each Prospectus forming a part of any Registration Statement, and any amendment or supplement to such Prospectus, in the form delivered to purchasers of the Registrable Securities during the Resale Period, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.
(c) The Company shall promptly advise each Investor, and shall confirm such advice in writing if requested by either Investor:
(i) when any Registration Statement has been filed with the SEC and when any Registration Statement has become effective;
(ii) when any supplement to the Prospectus, Registration Statement or post-effective amendment to a Registration Statement has been filed with the SEC and, with respect to a Registration Statement or any post-effective amendment thereto, when the same has been declared effective by the SEC;
(iii) of any SEC comments on, or request by the SEC for amendments or supplements to, any Registration Statement or the Prospectus included therein or for additional information;
(iv) of the issuance by the SEC of any stop order suspending the effectiveness of any Registration Statement or the initiation of any proceedings for such purpose;
(v) of the receipt by the Company of any notification with respect to the suspension of the qualification of the securities included in any Registration Statement for sale in any jurisdiction or the initiation of any proceeding for such purpose; and
(vi) of the happening of any event or the existence of any state of facts that requires the making of any changes in any Registration Statement or the Prospectus included therein so that, as of such date, such Registration Statement and Prospectus do not contain an untrue statement of a material fact and do not omit to state a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus, in the light of the circumstances under which they were made) not misleading (which advice shall be accompanied by an instruction to the Investors to suspend the use of the Prospectus until the requisite changes have been made).
(d) The Company shall use its commercially reasonable efforts to prevent the issuance, and if issued to obtain the withdrawal at the earliest possible time, of any order suspending the effectiveness of any Registration Statement.
(e) As promptly as reasonably practicable, the Company shall furnish to each Investor, upon their request and without charge, one (1) conformed copy of any Registration Statement and any amendment thereto, including financial statements but excluding schedules, all documents incorporated or deemed to be incorporated therein by reference and all exhibits (unless reasonably requested in writing to the Company by such Investor).
(f) The Company shall, during the period that any Registration Statement is effective, deliver to each Investor, without charge, as many copies of each Prospectus included in the applicable Registration Statement and any amendment or supplement thereto as such Investor may reasonably request; and the Company consents (except during a Suspension Period or during the continuance of any event described in Section 4.3(c)(iii)-(vi)) to the use of the Prospectus and any amendment or supplement thereto by each of the Investors in connection with the offering and sale of the Registrable Securities covered by the Prospectus and any amendment or supplement thereto during the period that any Registration Statement is effective.
(g) Prior to any offering of Registrable Securities pursuant to a Registration Statement, the Company shall use commercially reasonable efforts to (i) register or qualify or cooperate with the Investors and their respective counsel in connection with the registration or qualification (or exemption from such registration or qualification) of such Registrable Securities for offer and sale under the securities or “blue sky” laws of such jurisdictions within the United States as any Investor may reasonably request in writing, (ii) keep such registrations or qualifications or exemption therefrom in effect and comply with such Laws so as to permit the continuance of offers and sales in such jurisdictions for so long as may be necessary to enable any Investor or underwriter, if any, to complete its distribution of Registrable Securities pursuant to such Registration Statement, and (iii) take any and all other actions reasonably necessary to enable the disposition in such jurisdictions of such Registrable Securities; provided, however, that in no event shall the Company be obligated to (A) qualify as a foreign corporation or as a dealer in securities in any jurisdiction where it would not otherwise be required to so qualify but for this Section 4.3(g) or (B) subject itself or its Affiliates to general or unlimited service of process or to taxation in any such jurisdiction if they are not now so subject.
(h) Unless any Registrable Securities shall be in book-entry only form, if requested, the Company shall cooperate with the Investors to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold pursuant to any Registration Statement, which certificates, if so required by any Approved Market upon which any Registrable Securities are listed, shall be free of any restrictive legends other than those required by Article ELEVENTH of the Certificate of Incorporation, and in such permitted denominations and registered in such names as the Investors may request in connection with the sale of Registrable Securities pursuant to such Registration Statement.
(i) Upon the occurrence of any fact or event contemplated by Section 4.3(c)(vi), subject to Section 4.3(j), the Company shall use its best efforts to promptly, but in any event within ten (10) Business Days following such occurrence, prepare and file (and have declared effective) a post-effective amendment to any Registration Statement or an amendment or supplement to the related Prospectus included therein or file any other document with the SEC so that, as thereafter delivered to purchasers of the Registrable Securities, the Prospectus will not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. If the Company notifies the Investors of the occurrence of any fact or event contemplated by Section 4.3(c)(vi), the Investors shall suspend the use of the Prospectus until the requisite changes to the Prospectus have been made, and shall thereafter distribute the updated Prospectus to purchasers of Registrable Securities to ensure that the Prospectus received by such purchaser does not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and misleading.
(Bj) After the prospectus forming part Effective Time of the any Registration Statement, the Company may suspend the use of any Prospectus by written notice to the Investors for a period not to exceed an aggregate of forty-five (45) calendar days in any ninety (90) calendar day period (each such period, a “Suspension Period”) if:
(i) an event has occurred and any amendment or supplement thereto, does not at any time during is continuing as a result of which the Registration Period include Statement would, in the Company’s judgment, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein not misleading; and
(ii) the Company determines in good faith that the disclosure of such event at such time would have a material adverse effect on the Company and its Subsidiaries taken as a whole; provided, that in light the event that such disclosure relates to a previously undisclosed proposed or pending material business transaction, the disclosure of which would impede the Company’s ability to consummate such transaction, the Company may extend the applicable Suspension Period from forty-five (45) calendar days to ninety (90) calendar days; provided, however, that Suspension Periods (including, without limitation, any such extension of a Suspension Period) shall not exceed an aggregate of one hundred twenty (120) calendar days in any three hundred sixty (360) calendar day period. Each Investor shall keep confidential any communications received by it from the Company regarding the suspension of the circumstances under which they were madeuse of the Prospectus, except as required by applicable Laws.
(k) The Company shall enter into such customary agreements and take all such other necessary actions in connection therewith (including those reasonably requested by any Investor) in order to expedite or facilitate disposition of such Registrable Securities; provided, that the Company shall not misleading;be required to take any action in connection with an underwritten offering without the Company’s consent (such consent not to be unreasonably withheld, conditioned or delayed).
(l) To the extent permitted by Law, the Company shall (i) make reasonably available for inspection by any Investor and by any underwriter participating in any disposition pursuant to any Registration Statement, and by any attorney, accountant or other agent retained by such Investor or any such underwriter, all relevant financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries, and (ii) cause the Company’s officers, Directors and employees to make reasonably available for inspection all information reasonably requested by any Investor or any such underwriter, attorney, accountant or agent in connection with such Registration Statement, in each case, as is customary for similar due diligence examinations; provided, however, that such Persons shall, at the Company’s request, first enter into the Company’s standard confidentiality agreement, which, among other things, requires that confidential information shall be used solely for the purposes of exercising rights under this Agreement, unless such disclosure is made in connection with a court proceeding or required by Law, or such records, information or documents become available to the public generally or through a third party without an accompanying obligation of confidentiality; provided, further, that, if the foregoing inspection and information gathering would otherwise disrupt the Company’s conduct of its business, such inspection and information gathering shall, to the greatest extent possible, be coordinated on behalf of the Investors and the other parties entitled thereto by one counsel designated by and on behalf of the Investors and other such parties.
(m) The Company shall use its best efforts to furnish to each Investor and, in any underwritten offering, each underwriter, a signed counterpart of (i) an opinion of counsel for the Company and (ii) a “comfort” letter signed by the independent public accountants who have certified the Company’s financial statements included or incorporated by reference in such Registration Statement, in each case addressed to each Investor and, if applicable, each underwriter, covering matters with respect to such Registration Statement (and the Prospectus included therein) as the managing underwriter, if any, and the Investors shall request.
(n) The Company shall use its best efforts to cause the Registrable Securities to be listed on the NYSE or other market or stock exchange on which the Ordinary Common Stock primarily trades on or prior to the filing with the Commission Effective Time of any each Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;hereunder.
(co) register The Company shall cooperate and qualify assist in any filings required to be made with Financial Industry Regulatory Authority, Inc.
(p) The Company shall use its best efforts to take all other steps necessary to effect the registration, offering and sale of the Registrable Securities covered by the each Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject contemplated hereby, including by taking all appropriate steps with respect to the limitations marketing of an offering of Registrable Securities and making its management available to participate in road shows and other marketing activities in connection therewith.
(q) Notwithstanding anything to the contrary set forth in Section 4(c) above)herein, the Initial Shelf and do any and all other acts and things which may subsequent Shelf Registration Statement shall be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of filed as an automatically effective registration statement if the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required eligible to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockdo so.
Appears in 2 contracts
Sources: Investor Rights Agreement (Usec Inc), Securities Purchase Agreement (Babcock & Wilcox Co)
Registration Procedures. If and whenever Subject to the Company is required by any of the other applicable provisions of this Agreement to effect Agreement, in the case of each registration of any of the Registrable Securities under effected by the Securities ActCompany pursuant to Article I, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementwill:
(a) (i) prepare and file with the Commission SEC a registration statement with respect to such securities in accordance with the applicable provisions of this Agreement;
(b) prepare and file with the SEC such amendments (including post-effective amendments) and supplements to the Registration Statement such registration statement and the prospectus used in connection therewith with such registration statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under (in accordance with the Securities Actintended methods of disposition by the sellers thereof) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to as may be stated therein or necessary to make keep the statements therein, registration statement continuously effective for the period set forth in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleadingthis Agreement;
(ic) prior furnish to legal counsel selected by the filing with Majority Holders copies of the Commission of any Registration Statement registration statement, related prospectuses and amendments or supplements thereto proposed to be filed and provide such legal counsel a reasonable opportunity to review and comment on such registration statement;
(including any amendments theretod) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof furnish to the Holders as required by Section 4(c) and, if applicable, to the underwriters of the securities being registered such reasonable number of copies of the registration statement, preliminary prospectus and reflect in such documents all such comments final prospectus as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectusor, as if applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders underwriters may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws offering of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketssecurities;
(e) use commercially reasonable efforts to notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act or of the happening Company’s discovery of the occurrence of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and, subject to Section 2.02, at the request of the Majority Holders, prepare as promptly as is reasonably practicable and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, furnish to the Holders a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchaser of such securities, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make any sales the statements therein not misleading or incomplete in the light of Registrable Securities pursuant to the Registration Statementcircumstances then existing;
(f) after becoming aware use commercially reasonable efforts to register and qualify (or exempt from such registration or qualification) the securities covered by such registration statement under such other securities or “blue sky” laws of such event, notify each of jurisdictions within the Holders who holds Registrable Securities being sold (or, United States as shall be reasonably requested in the event of an underwritten offering, the managing underwriters) of the issuance writing by the Commission Majority Holders; provided, however, that the Company shall not be required in connection therewith or as a condition thereto to (i) qualify to do business in any jurisdictions where it would not otherwise be required to qualify but for this subsection, (ii) take any action that would subject it to general service of process in any stop order such jurisdictions or other suspension of the effectiveness of the Registration Statement at the earliest possible time and (iii) take all lawful any action that would subject it to effect the withdrawal, rescission or removal of taxation in any such stop order or other suspensionjurisdictions;
(g) cooperate otherwise use its commercially reasonable efforts to comply with all applicable rules and regulations of the SEC, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve months beginning with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any first day of the Holders reasonably may request and registered in such names as any Company’s first full calendar quarter after the effective date of the Holders may request; andregistration statement, within three Trading Days after a Registration Statement which includes Registrable earnings statement will satisfy the provisions of Section 11(a) of the Securities is declared effective by Act and Rule 158 promulgated under the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counselAct;
(h) take all such other lawful actions as promptly as is reasonably necessary to expedite and facilitate the disposition by practicable notify the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in when the event of an underwritten offering, promptly include prospectus or incorporate in a any prospectus supplement or post-effective amendment has been filed and, with respect to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement registration statement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or any post-effective amendment; and, when the same has become effective, (ii) of any request by the SEC for amendments or supplements to such registration statement or to amend or to supplement such prospectus or for additional information or (iii) of the issuance by the SEC of any stop order suspending the effectiveness of such registration statement or the initiation of any proceedings for such purpose;
(i) use commercially reasonable efforts to cause all such Registrable Securities to be listed on each securities exchange on which similar securities issued by the Company are then listed;
(j) maintain use commercially reasonable efforts to provide a transfer agent and registrar for all such Registrable Securities not later than the effective date of such registration statement; and
(k) in the event of the issuance of any stop order suspending the effectiveness of a registration statement, or the issuance of any order suspending or preventing the use of any related prospectus or suspending the qualification of any shares of Common StockStock included in such registration statement for sale in any jurisdiction, use commercially reasonable efforts promptly to obtain the withdrawal of such order. Each Holder agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 2.01(e), 2.01(h)(ii) or 2.01(h)(iii), such Holder shall discontinue disposition of any Registrable Securities covered by such registration statement or the related prospectus until receipt of the copies of the supplemented or amended prospectus, which supplement or amendment shall, subject to the other applicable provisions of this Agreement, be prepared and furnished as soon as reasonably practicable, or until such Holder is advised in writing by the Company that the use of the applicable prospectus may be resumed, and has received copies of any amended or supplemented prospectus or any additional or supplemental filings which are incorporated, or deemed to be incorporated, by reference in such prospectus (such period during which disposition is discontinued being an “Interruption Period”) and, if requested by the Company, each Holder shall use commercially reasonable efforts to return to the Company all copies then in its or their possession, of the prospectus covering such Registrable Securities at the time of receipt of such request. As soon as practicable after the Company has determined that the use of the applicable prospectus may be resumed, the Company will notify the Holders thereof. If the Company invokes an Interruption Period hereunder and in the reasonable discretion of the Company the need for the Company to continue the Interruption Period ceases for any reason, the Company shall, as soon as reasonably practicable, provide written notice to the Holders that such Interruption Period is no longer applicable.
Appears in 2 contracts
Sources: Registration Rights Agreement (Terawulf Inc.), Registration Rights Agreement (Terawulf Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActIn connection with a Registration Statement, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) The Company shall furnish to each Selling Holder, prior to the filing thereof with the Commission, a copy of the Registration Statement, and shall furnish to such Selling Holders, prior to the filing thereof with the Commission, copies of each amendment thereto and each amendment or supplement, if any, to the Prospectus included therein, and shall use its commercially reasonable efforts to reflect in each such document, at the Effective Time or when so filed with the Commission, as the case may be, such comments as such Selling Holders and their respective counsel reasonably may propose.
(b) The Company shall promptly take such action as may be necessary so that (i) prepare and file with the Commission such amendments and supplements to each of the Registration Statement and any amendment thereto and the prospectus used Prospectus forming a part thereof and any amendment or supplement thereto (and each report or other document incorporated therein by reference in connection therewith as may be necessary to keep such Registration Statement effective and to comply each case) complies with the provisions of the Securities Act with respect to and the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) respective rules and regulations thereunder, (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (Biii) each of the prospectus Prospectus forming a part of the Registration Statement, and any amendment or supplement theretoto such Prospectus, does not at any time during the period of effectiveness related to such Registration Period Statement include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.
(c) The Company shall promptly advise each Selling Holder, and shall confirm such advice in writing if so requested by any such Selling Holder:
(i) when a Registration Statement or any post-effective amendment thereto has become effective;
(ii) of any request by the Commission for amendments or supplements to the Registration Statement or the Prospectus included therein or for additional information;
(iii) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or the initiation of any proceedings for such purpose;
(iv) of the receipt by the Company of any notification with respect to the suspension of the qualification of the Securities included in the Registration Statement for sale in any jurisdiction or the initiation of any proceeding for such purpose; and
(v) of the occurrence of any event or the existence of any state of facts that requires the making of any changes in the Registration Statement or the Prospectus included therein so that, as of such date, such Registration Statement and Prospectus do not contain an untrue statement of a material fact and do not omit to state a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus, in light of the circumstances under which they were made) not misleading (which advice shall be accompanied by an instruction to such Selling Holders to suspend the use of the Prospectus until the requisite changes have been made).
(d) The Company shall use its commercially reasonable efforts to prevent the issuance, and if issued to obtain the withdrawal at the earliest possible time, of any order suspending the effectiveness of the Registration Statement and to notify each Selling Holder of the issuance of such order and the resolution thereof.
(e) Upon request, the Company shall furnish to each Selling Holder, without charge, at least one copy of the Registration Statement and all post-effective amendments thereto, including financial statements and schedules, and, if such Selling Holder so requests in writing, all reports, other documents and exhibits that are filed with or incorporated by reference in the Registration Statement.
(f) The Company shall, during the period of effectiveness related to a Registration Statement, deliver to each Selling Holder, without charge, as many copies of the Prospectus (including each preliminary Prospectus) included in the Registration Statement and any amendment or supplement thereto as such Selling Holder may reasonably request; and the Company consents (except during the Suspension Periods or during the continuance of any event or the existence of any state of facts described in Section 3(c)(v) above) to the use of the Prospectus and any amendment or supplement thereto by each of the Selling Holders in connection with the offering and sale of the Registrable Securities covered by the Prospectus and any amendment or supplement thereto during the period of effectiveness related to such Registration Statement.
(g) Prior to any offering of Registrable Securities pursuant to the Registration Statement, the Company shall use commercially reasonable efforts to (i) register or qualify or cooperate with the Selling Holders and their respective counsel in connection with the registration or qualification of such Registrable Securities for offer and sale under the securities or “blue sky” laws of such jurisdictions within the United States as any Selling Holder may reasonably request, (ii) keep such registrations or qualifications in effect and comply with such laws so as to permit the continuance of offers and sales in such jurisdictions for so long as may be necessary to enable any Selling Holder or underwriter, if any, to complete its distribution of Registrable Securities pursuant to the Registration Statement, and (iii) take any and all other actions necessary or advisable to enable the disposition in such jurisdictions of such Registrable Securities; provided, however, that in no event shall the Company be obligated to (A) qualify as a foreign corporation or as a dealer in securities in any jurisdiction where it would not otherwise be required to so qualify but for this Section 3(g) or (B) file any general consent to service of process or subject to taxation in any jurisdiction where it is not as of the date hereof so subject.
(h) Unless any Registrable Securities shall be in book-entry only form, the Company shall cooperate with the Selling Holders to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold pursuant to the Registration Statement, which certificates, if so required by any securities exchange upon which any Registrable Securities are listed, shall be penned, lithographed or engraved, or produced by any combination of such methods, on steel engraved borders, and which certificates shall be free of any restrictive legends and in such permitted denominations and registered in such names as Selling Holders may request in connection with the sale of Registrable Securities pursuant to the Registration Statement.
(i) Upon the occurrence of any event or the existence of any state of facts contemplated by Section 3(c)(v) above, the Company shall use its commercially reasonable efforts to promptly prepare a post-effective amendment to any Registration Statement or an amendment or supplement to the related Prospectus or file any other required document so that, as thereafter delivered to purchasers of the Registrable Securities included therein, the Prospectus will not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;. If the Company notifies the Selling Holders of the occurrence of any event or the existence of any state of facts contemplated by Section 3(c)(v) above, the Selling Holder shall suspend the use of the Prospectus until the requisite changes to the Prospectus have been made.
(j) Use its commercially reasonable efforts (including, without limitation, seeking to cure any deficiencies cited by the exchange or market in the Company’s listing or inclusion application) to list or include all Registrable Securities on the New York Stock Exchange or The Nasdaq Stock Market or a similar national securities exchange.
(k) Not later than the Effective Time of the Registration Statement, the Company shall provide a CUSIP number for the Registrable Securities.
(l) The Company shall use its commercially reasonable efforts to comply with all applicable Securities Act rules and regulations, and to make generally available to its securityholders as soon as practicable, but in any event not later than 18 months after (i) prior to the filing with effective date (as defined in Rule 158(c) under the Commission Securities Act) of any the Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto)Statement, provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to the effective date of each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any post-effective amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
and (ciii) register and qualify the Registrable Securities covered date of each filing by the Registration Statement under such other securities or blue sky laws Company of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned an Annual Report on Form 10-K that is incorporated by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included reference in the Registration Statement, as then in effect, includes an untrue earnings statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light Company and its subsidiaries complying with Section 11(a) of the circumstances then existing, Securities Act and the Company shall prepare rules and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such periodregulations of the Commission thereunder (including, at the Holders shall not make any sales option of Registrable Securities pursuant to the Registration Statement;Company, Rule 158).
(fm) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in In the event of an underwritten offeringUnderwritten Offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawalCompany shall, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offeringif requested, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriter(s) reasonably agree agree(s) should be included therein and to which the Company does not reasonably object and shall make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment.
(n) The Company shall enter into such customary agreements (including in the case of an Underwritten Offering, an underwriting agreement in customary form) and take all other appropriate action in order to expedite and facilitate the registration and disposition of the Registrable Securities, and in connection therewith, if an underwriting agreement is entered into, cause the same to contain indemnification provisions and procedures substantially identical to those set forth in Section 5 hereof with respect to all parties to be indemnified pursuant to Section 5 hereof.
(o) The Company shall:
(A) make reasonably available for inspection by the Selling Holders, any underwriter participating in any disposition pursuant to the Registration Statement, and any attorney, accountant or other agent retained by such Selling Holders or any such underwriter all relevant financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries, and (B) cause the Company’s officers, directors and employees to supply all information reasonably requested by such Selling Holders or any such underwriter, attorney, accountant or agent in connection with the Registration Statement, in each case, as is customary for similar due diligence examinations; provided, however, that all records, information and documents that are designated in writing by the Company, in good faith, as confidential shall be kept confidential by such Selling Holders and any such underwriter, attorney, accountant or agent, and, in the sole discretion of the Company, the Company may require the execution of a confidentiality agreement prior to such disclosure, unless such disclosure is made in connection with a court proceeding or required by law, or such records, information or documents become available to the public generally or through a third party without an accompanying obligation of confidentiality; and provided further that, if the foregoing inspection and information gathering would otherwise disrupt the Company’s conduct of its business, such inspection and information gathering shall, to the greatest extent possible, be coordinated on behalf of the Selling Holders and the other parties entitled thereto by one counsel designated by and on behalf of the Selling Holders and other parties;
(ii) in connection with any Underwritten Offering, make such representations and warranties to the Holders participating in such Underwritten Offering and to the managing underwriter(s), in form, substance and scope as are customarily made by the Company to underwriters in primary underwritten offerings of equity securities;
(iii) in connection with any Underwritten Offering conducted, use commercially reasonable efforts to obtain opinions of counsel to the Company (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the managing underwriter(s)) addressed to each Holder participating in such Underwritten Offering and the underwriters, covering such matters as are customarily covered in opinions requested in primary underwritten offerings of equity securities and such other matters as may be reasonably requested by such Selling Holders and underwriters;
(iv) in connection with any Underwritten Offering conducted, use commercially reasonable efforts to obtain “cold comfort” letters and updates thereof from the independent public accountants of the Company (and, if necessary, from the independent public accountants of any subsidiary of the Company or of any business acquired by the Company for which financial statements and financial data are, or are required to be, included in the Registration Statement), addressed to each Holder participating in such Underwritten Offering (if such Holder has provided such letter, representations or documentation, if any, required for such cold comfort letter to be so addressed) and the underwriters, in customary form and covering matters of the type customarily covered in “cold comfort” letters in connection with primary underwritten offerings; and
(jv) maintain in connection with any Underwritten Offering, use commercially reasonable efforts to deliver such documents and certificates as may be reasonably requested by any Holders participating in such Underwritten Offering and the managing underwriter(s), if any, including, without limitation, certificates to evidence compliance with Section 3(h) hereof and with any conditions contained in the underwriting agreement or other agreements entered into by the Company.
(p) With respect to any Underwritten Offering, the Company shall use commercially reasonable efforts to cause the appropriate officers of the Company to prepare and make presentations at any “road shows” and before analysts, as the case may be, and otherwise use its commercially reasonable efforts to cooperate as reasonably requested by the Holders participating in such Underwritten Offering and the underwriters in the offering, marketing or selling of the Registrable Securities.
(q) In the case of an Underwritten Offering, the Company shall use its commercially reasonable efforts to cooperate and assist in any filings required to be made with the FINRA and in the performance of any due diligence investigation by any underwriter that is required to be undertaken in accordance with the rules and regulations of the FINRA.
(r) The Company shall use commercially reasonable efforts to take all other steps necessary to effect the registration, offering and sale of the Registrable Securities covered by the Registration Statement contemplated hereby.
(s) If the Company grants registration rights to any investor, except for registration rights granted to an investor that is a transfer agent and registrar holder of, together with its affiliates, at least 10% of the Company’s total equity outstanding immediately after giving effect to the issuance of securities in the 2012 Offering, that are more favorable to such investor than the registration rights provided herein for the Common Stockbenefit of the Holders, the Company will use reasonable efforts to extend such rights to the Holders of Registrable Securities on the same basis granted to such other investors.
Appears in 2 contracts
Sources: Registration Rights Agreement (Talmer Bancorp, Inc.), Registration Rights Agreement (Talmer Bancorp, Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(b) (i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and use its reasonable best efforts to reflect in such documents all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soPurchaser;
(c) unless covered by an applicable exemption, register and qualify the Registrable Securities covered by the Registration Statement under such other securities or New York blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by the Purchaser, except that the Company shall not for any such Holderpurpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock Shares of the Company is listed as of the effective date of the Registration Statementare then listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or the Nasdaq Stock Market;
(e) notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Purchaser who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Purchaser to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Purchaser reasonably may request and registered in such names as any of the Holders Purchaser may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersPurchaser whose Registrable Securities are included in such Registration Statement) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common StockShares.
Appears in 2 contracts
Sources: Registration Rights Agreement (Corel Corp), Registration Rights Agreement (Corel Corp)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith Prospectus as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration StatementProspectus, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus the Prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and reflect in such documents all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus the Prospectus including a preliminary prospectus or any amendment or supplement to any prospectusthe Prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSecurities;
(c) register and qualify comply with the New York blue sky laws with respect to the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(g) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by Securities, except that the Company shall not for any such Holderpurpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or the Principal Market;
(e) notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement Prospectus is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration StatementProspectus, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment or curative supplement under Section 6(a5(a) as quickly as reasonably commercially possible and during such period, the Holders period beginning on the date of notice until the curative amendment is effective or a curative supplement is filed shall not make any sales of Registrable Securities pursuant to be deemed a Suspension Period and the Registration StatementCompany shall compensate the Purchaser as set forth in Section 3(j) herein;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Purchaser (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus Prospectus which are customary for issuers to perform under the circumstances;
(ih) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(ji) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (Data Race Inc), Registration Rights Agreement (Data Race Inc)
Registration Procedures. If and whenever In addition to the Company is required by any requirements of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 11.2, the Company UDC shall (except as otherwise expressly provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required PPG's compliance with respect to each Registration StatementSection 11.3.1:
(a) (i) prepare and file with the Commission such amendments and supplements to the each Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities 1933 Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act▇▇▇▇ ▇▇▇) and (ii) take all lawful action such that each of (A) the each Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the each Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period period set forth in Section 11.2.3 include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), (i) provide draft copies thereof to the Holders as required by Section 4(c) PPG and reflect in such documents all such comments as the Holders PPG (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders PPG such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities 1933 Act, and such other documents, as any of the Holders PPG may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;PPG.
(c) to the extent necessary, register and qualify the Registrable Securities covered by the a Registration Statement under such other applicable state securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above)laws, and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder PPG to consummate the public sale or other disposition in such jurisdiction jurisdictions within the United States of America of the Registrable Securities securities owned by such Holder;PPG, except that UDC shall not be required to qualify in any state which will require an escrow relating to UDC and/or the sellers of Registrable Securities, or which will require UDC to qualify to do business in such state or require UDC to file therein any general consent to service of process.
(d) list such Registrable Securities on subject to the markets where the Common Stock provisions of the Company is listed as of the effective date of the Registration StatementSection 11.2.5 hereof, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders PPG at any time when a prospectus relating thereto covered by the a Registration Statement is required to be delivered under the Securities 1933 Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company UDC shall prepare and file a curative amendment or 1934 Act filing deemed incorporated in such Registration Statement under Section 6(a) applicable provisions of this Article 11 as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;commercially possible.
(fe) as promptly as practicable after becoming aware of such event, notify each of the Holders PPG who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the a Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recission or removal of such stop order or other suspension;.
(gf) cooperate with the Holders PPG to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the a Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders PPG reasonably may request and registered in such names as any of the Holders PPG may request; and, within three Trading Days (3) business days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company UDC to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersPPG whose Securities are included in such Registration Statement) an appropriate instruction and, to the extent necessary, an opinion of such counsel;.
(hg) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by PPG of the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;.
(ih) in the event of an underwritten offeringoffering elected by PPG, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the a Registration Statement such information as the managers reasonably agree should be included therein and to which the Company UDC does not reasonably object and make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; andand enter into and perform its obligations as UDC under an underwriting agreement, in usual and customary form, with the managing underwriter of such offering.
(i) cause all Securities registered pursuant hereunder to be listed timely on each securities exchange or quotation system on which similar securities issued by UDC are then listed.
(j) use its best efforts to furnish, at the request of PPG, on the date that such Securities are delivered to the underwriters for sale in connection with a registration pursuant to this Article 11, if such securities are being sold through underwriters (i) an opinion, dated such date, of the counsel representing UDC for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to PPG and (ii) a letter dated such date, from the independent certified public accountants of UDC, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to PPG.
(k) maintain a transfer agent and registrar CUSIP number for the its Common Stock.
Appears in 2 contracts
Sources: Development and License Agreement (Universal Display Corp \Pa\), Development and License Agreement (Universal Display Corp \Pa\)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:: 5.1
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (iib) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;; 5.2
(ia) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c) 3.3 and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (iior equivalents) and (b) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such HolderInvestor; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) 5.3 register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c) 3.3 above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such Holder;
(d) Investor; 5.4 list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) Principal Market; 5.5 notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall use its best efforts to prepare and file a curative amendment under Section 6(a) 5.1; 5.6 as quickly promptly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) ; 5.7 cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three Trading Days five (5) trading days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) ; 5.8 take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) ; 5.9 in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) and 5.10 maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Hillman Co), Registration Rights Agreement (Hillman Co)
Registration Procedures. If and whenever In connection with the Company is required by any of the provisions of this Agreement to effect the Company’s registration of any of the Registrable Securities under the Securities Actobligations hereunder, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementshall:
(a) The Company shall (i) prepare permit each Holder of Registrable Securities included in a Registration Statement to review and comment upon (A) such Registration Statement (other than documents incorporated by reference therein) at least five (5) days prior to its filing with the SEC and (B) all amendments and supplements to each Registration Statement (other than documents incorporated by reference therein) within a reasonable number of days prior to their filing with the SEC, and (ii) not file any Registration Statement or amendment or supplement thereto in a form to which the Holders of a majority of the Registrable Securities included therein shall reasonably object in good faith; provided, that (x) the Company is notified of such objection in writing no later than four (4) days after the Holders have been so furnished copies of a Registration Statement or any amendments or supplements thereto and (y) the Company shall not have any obligation to modify any information if the Company reasonably expects that so doing would cause (i) the Registration Statement to contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading or (ii) any prospectus contained therein to contain an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading.
(i) Prepare and file with the Commission such amendments and supplements amendments, including post-effective amendments, to the a Registration Statement and the prospectus Prospectus used in connection therewith as may be necessary to keep such a Registration Statement continuously effective as to the applicable Registrable Securities for the Effectiveness Period and prepare and file with the Commission such additional Registration Statements in order to register for resale under the Securities Act all of the Registrable Securities as required hereunder, (ii) cause the related Prospectus to be amended or supplemented by any required Prospectus supplement (subject to the terms of this Agreement), and, as so supplemented or amended, to be filed pursuant to Rule 424, (iii) respond as promptly as reasonably possible to any comments received from the Commission with respect to a Registration Statement or any amendment thereto and provide as promptly as reasonably possible to the Holders true and complete copies of all correspondence from and to the Commission relating to a Registration Statement (provided that, the Company shall excise any information contained therein which would constitute material non-public information regarding the Company), and (iv) comply in all material respects with the applicable provisions of the Securities Act and the Exchange Act with respect to the sale or other disposition of all Registrable Securities covered by a Registration Statement during the applicable period in accordance (subject to the terms of this Agreement) with the intended methods of disposition by the Holders thereof set forth in such Registration Statement whenever as so amended or in such Prospectus as so supplemented.
(c) If during the Effectiveness Period, the number of Registrable Securities at any time exceeds 100% of the Holder number of shares of Common Stock then registered in a Registration Statement (except pursuant to Sections 2(b) or (c)), then the Company shall desire file as soon as reasonably practicable, but in any case by the applicable Filing Date, an additional Registration Statement covering the resale by the Holders of not less than the number of such Registrable Securities.
(d) Notify the Holders of Registrable Securities to sell or otherwise dispose be sold (which notice shall be accompanied by an instruction to suspend the use of the same Prospectus until the requisite changes have been made) as promptly as reasonably possible, (including prospectus supplements i) of the issuance by the Commission or any other federal or state governmental authority of any stop order suspending the effectiveness of a Registration Statement covering any or all of the Registrable Securities or the initiation of any Proceedings for that purpose, (ii) of the receipt by the Company of any notification with respect to the sales suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any Proceeding for such purpose, (iii) of the occurrence of any event or passage of time that makes the financial statements included in a Registration Statement ineligible for inclusion therein or any statement made in a Registration Statement or Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires any revisions to a Registration Statement, Prospectus or other documents so that, in the case of a Registration Statement or the Prospectus, as the case may be, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, and (iv) of the occurrence or existence of any pending corporate development with respect to the Company that the Company believes may be material and that, in the determination of the Company, makes it not in the best interest of the Company to allow continued availability of a Registration Statement or Prospectus; provided, however, that in no event shall any such notice contain any information which would constitute material, non-public information regarding the Company. For the avoidance of doubt, the Company’s providing to any Board Designee (due to such Board Designee’s service on the Company Board) information that may constitute material, non-public information relating to the Company shall not be deemed to be a breach of this Section 3(d).
(e) Use its reasonable best efforts to avoid the issuance of, or, if issued, obtain the withdrawal of (i) any order stopping or suspending the effectiveness of a Registration Statement, or (ii) any suspension of the qualification (or exemption from qualification) of any of the Registrable Securities for sale in any jurisdiction, at the earliest practicable moment.
(f) Furnish to each Holder, without charge, at least one conformed copy of each such Registration Statement and each amendment thereto, including financial statements and schedules, all documents incorporated or deemed to be incorporated therein by reference to the extent requested by such Person, and all exhibits to the extent requested by such Person (including those previously furnished or incorporated by reference) promptly after the filing of such documents with the Commission; provided, that any such item which is available on the ▇▇▇▇▇ system (or successor thereto) need not be furnished in physical form.
(g) Subject to the terms of this Agreement, the Company hereby consents to the use of such Prospectus and each amendment or supplement thereto by each of the selling Holders in connection with the offering and sale of the Registrable Securities covered by such Prospectus and any amendment or supplement thereto, except after the giving of any notice pursuant to Section 3(d).
(h) Prior to any resale of Registrable Securities from time by a Holder, use its commercially reasonable efforts to time register or qualify or cooperate with the selling Holders in connection with the registration or qualification (or exemption from the registration or qualification) of such Registrable Securities for the resale by the Holder under the securities or Blue Sky laws of such jurisdictions within the United States as any Holder reasonably requests in writing, to keep each registration or qualification (or exemption therefrom) effective during the Effectiveness Period and to do any and all other acts or things reasonably necessary to enable the disposition in such jurisdictions of the Registrable Securities covered by each Registration Statement, provided that the Company shall not be required to qualify generally to do business in any jurisdiction where it is not then so qualified, subject the Company to any material tax in any such jurisdiction where it is not then so subject or file a registration statement general consent to service of process in any such jurisdiction.
(i) If requested by a Holder, cooperate with such Holder to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be delivered to a transferee pursuant to Rule 415 promulgated a Registration Statement, which certificates shall be free, to the extent permitted by the Purchase Agreement, of all restrictive legends, and to enable such Registrable Securities to be in such denominations and registered in such names as any such Holder may request.
(j) Upon the occurrence of any event contemplated by Section 3(d), as promptly as reasonably possible under the Securities Act) circumstances taking into account the Company’s good faith assessment of any adverse consequences to the Company and (ii) take all lawful action its stockholders of the premature disclosure of such that each of (A) the event, prepare a supplement or amendment, including a post-effective amendment, to a Registration Statement or a supplement to the related Prospectus or any document incorporated or deemed to be incorporated therein by reference, and file any amendment thereto does notother required document so that, when it becomes effectiveas thereafter delivered, neither a Registration Statement nor such Prospectus will contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (Bmisleading. If the Company notifies the Holders in accordance with Section 3(d) above to suspend the prospectus forming part use of any Prospectus until the requisite changes to such Prospectus have been made, then the Holders shall suspend use of such Prospectus. The Company will use its reasonable best efforts to ensure that the use of the Prospectus may be resumed as promptly as is practicable. The Company shall be entitled to exercise its right under this Section 3(j) to suspend the availability of a Registration StatementStatement and Prospectus, for a period not to exceed 60 calendar days (which need not be consecutive days) in any 12-month period.
(k) The Company shall use its reasonable best efforts to maintain eligibility for use of Form S-3 (or any successor form thereto) for the registration of the resale of the Registrable Securities.
(l) Otherwise use commercially reasonable efforts to comply with all applicable rules and regulations of the Commission under the Securities Act and the Exchange Act, including, without limitation, Rule 172 under the Securities Act, file any final Prospectus, including any supplement or amendment or supplement theretothereof, does not with the Commission pursuant to Rule 424 under the Securities Act, promptly inform the Holders in writing if, at any time during the Registration Period include an untrue statement of Effectiveness Period, the Company does not satisfy the conditions specified in Rule 172 and, as a material fact or omit to state a material fact result thereof, the Holders are required to deliver a Prospectus in connection with any disposition of Registrable Securities and take such other actions as may be stated therein or reasonably necessary to make facilitate the statements therein, in light registration of the circumstances under which they were made, not misleading;Registrable Securities hereunder.
(im) prior to In connection with an underwritten offering, the filing with the Commission of any Registration Statement Company shall enter into such customary agreements (including any amendments theretounderwriting and lock-up agreements in customary form) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents take all such comments other customary actions as the Holders (and their counsel) reasonably may propose; (ii) furnish to each holders of such Registrable Securities or the Holders managing underwriter of such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may offering reasonably request in order to expedite or facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Actincluding, without limitation, making appropriate officers of the happening of any event of which it has knowledge as a result of which the prospectus included Company available to participate in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light “road show” and other customary marketing activities (including one-on-one meetings with prospective purchasers of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common StockSecurities).
Appears in 2 contracts
Sources: Registration Rights Agreement (LENSAR, Inc.), Securities Purchase Agreement (LENSAR, Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Common Stock and Warrants Purchase Agreement (Focus Enhancements Inc), Common Stock and Warrants Purchase Agreement (Focus Enhancements Inc)
Registration Procedures. If In connection with any Shelf Registration Statement, the following provisions shall apply:
a. The Company shall: (i) furnish to the Purchasers, within a reasonable period of time, but in any event within four (4) Business Days, prior to the filing thereof with the SEC to afford the Purchasers and whenever their counsel a reasonable opportunity for review, a copy of the Shelf Registration Statement, and each amendment thereof, and a copy of each Prospectus, and each amendment or supplement thereto (excluding amendments caused by the filing of a report under the Exchange Act or filed for purposes of filing exhibits to the Shelf Registration Statement), and shall reflect in each such document, when so filed with the SEC, such comments as the Purchasers may reasonably propose therein; and (ii) include information regarding the Notice Holders and the methods of distribution they have elected for their Transfer Restricted Securities provided to the Company is required in Notice and Questionnaires as necessary to permit such distribution by any of the provisions of this Agreement methods specified therein.
b. Subject to effect the registration of any of the Registrable Securities under the Securities ActSection 2(d), the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) ensure that: (i) prepare and file with the Commission such amendments and supplements to the Shelf Registration Statement and the prospectus used any amendment thereto and any Prospectus forming a part thereof and any amendment or supplement thereto comply in connection therewith as may be necessary to keep such Registration Statement effective and to comply all material respects with the provisions of the Securities Act with respect to and the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) rules and regulations thereunder; (ii) take all lawful action such that each of (A) the Shelf Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; and (iii) any Prospectus forming a part of the Shelf Registration Statement, and any amendment or supplement to such Prospectus, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that the Company makes no representation with respect to any Holder Information.
c. The Company, as promptly as reasonably practicable (but in any event within two Business Days), shall notify the Purchasers and each Notice Holder:
(i) when any Prospectus or any supplement thereto has been filed with the SEC and when the Shelf Registration Statement or any post-effective amendment thereto has become effective;
(ii) of the issuance by the SEC or any other federal or state governmental authority of any stop order suspending the effectiveness of the Shelf Registration Statement or of any order preventing or suspending the use of any Prospectus or the initiation or threat of any proceedings for that purpose;
(iii) of the receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification of the Transfer Restricted Securities included in any Shelf Registration Statement for sale in any jurisdiction or the initiation or threat of any proceeding for that purpose;
(iv) of the occurrence of, but not the nature of or details concerning, any event or the existence of any condition that requires the making of any changes in the Shelf Registration Statement or the Prospectus or any document incorporated by reference therein so that, as of such date, the statements therein are not misleading and (B) the prospectus forming part of Shelf Registration Statement or the Registration StatementProspectus or any document incorporated by reference therein, and any amendment or supplement theretoas the case may be, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein (in the case of the Prospectus, in the light of the circumstances under which they were made, ) not misleading;
(iv) prior of the Company’s determination that a post-effective amendment to the filing with Shelf Registration Statement is necessary (other than a post-effective amendment pursuant to Section 2(b)(ii)); and
(vi) of the Commission commencement (including as a result of any Registration Statement (including any amendments thereto) and of the distribution events or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect circumstances described in such documents all such comments as the Holders (and their counsel) reasonably may propose; paragraph (ii) above) and termination of any Suspension Period.
d. The Company shall use its reasonable best efforts to obtain: (i) the withdrawal of any order suspending the effectiveness of any Shelf Registration Statement and the use of any related Prospectus; and (ii) the lifting of any suspension of the qualification (or exemption from qualification) of any of the Transfer Restricted Securities for offer or sale in any jurisdiction in which they have been qualified for sale, in each case at the earliest possible time, and shall provide notice to each Notice Holder and the Purchasers of the withdrawal of any such orders or suspensions.
e. The Company shall promptly furnish to the Purchasers (and, upon written request from any Notice Holder to such Notice Holder), without charge, (i) at least one copy of the Shelf Registration Statement and any post-effective amendment thereto, excluding all documents incorporated or deemed to be incorporated therein by reference and all exhibits thereto, (ii) promptly after the same is prepared and filed with the SEC, one copy of the Shelf Registration Statement and any amendment(s) thereto, including financial statements and schedules, all documents incorporated therein by reference, if requested by an Investor, and all exhibits and (iii) upon the effectiveness of the Shelf Registration Statement, one copy of the prospectus included in such Registration Statement and all amendments and supplements thereto.
f. The Company shall promptly furnish to the Legal Counsel copies of any correspondence from the SEC or the staff of the SEC to the Company or its representatives relating to any Shelf Registration Statement; provided, that such correspondence shall not be furnished to any Purchaser unless such Purchaser agrees to keep confidential any information regarding such correspondence.
g. The Company shall, during the Shelf Registration Period, promptly deliver to the Purchasers and each Notice Holder, without charge, as many copies of the Prospectus (including each preliminary Prospectus) included in the Shelf Registration Statement, and any amendment or supplement thereto, as such person may reasonably request and except as provided in Sections 2(e) and 3(p) hereof; and the Company hereby consents to the use of the Prospectus and any amendment or supplement thereto by each of the selling Holders such numbers in connection with the offering and sale of copies of a prospectus including a preliminary prospectus the Transfer Restricted Securities covered by the Prospectus or any amendment or supplement thereto.
h. The Company shall submit to any prospectusthe SEC, as applicable, in conformity with within two (2) Business Days after the requirements Company learns that no review of the Securities Act, and such other documents, as any Shelf Registration Statement will be made by the staff of the Holders may reasonably request in order to facilitate SEC or that the public sale or other disposition of staff has no further comments on the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Shelf Registration Statement, if lawful to do so;
(c) register and qualify as the Registrable Securities covered by case may be, a request for acceleration of effectiveness of the Shelf Registration Statement to a time and date not later than 48 hours after the submission of such request.
i. Prior to any offering of Transfer Restricted Securities pursuant to any Shelf Registration Statement, the Company shall register or qualify or cooperate with the Notice Holders and their respective counsel in connection with the registration or qualification (or exemption from such registration or qualification) of such Transfer Restricted Securities for offer and sale, under such other the securities or blue sky laws of such jurisdictions within the United States as any of the such Notice Holders shall reasonably request (subject to the limitations set forth and shall maintain such qualification in Section 4(c) above), effect so long as required and do any and all other acts and or things which may be necessary or advisable to enable such Holder to consummate the public offer and sale or other disposition in such jurisdiction jurisdictions of the Registrable Transfer Restricted Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Shelf Registration Statement is Statement; provided, however, that the Company will not be required to: (i) qualify generally to be delivered under the Securities Act, of the happening of any event of which it has knowledge do business as a result foreign corporation or as a dealer in securities in any jurisdiction where it is not then so qualified or; (ii) take any action which would subject it to service of which the prospectus included process or taxation in the Registration Statement, as then in effect, includes an untrue statement excess of a material fact or omits to state a material fact required to be stated therein or necessary to make nominal dollar amount in any such jurisdiction where it is not then so subject.
j. If the statements therein not misleading Transfer Restricted Securities are in the light of the circumstances then existingcertificated form, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable representing Transfer Restricted Securities to be offered sold pursuant to the Shelf Registration Statement free of any restrictive legends at least two (2) Business Days prior to settlement of sales of Transfer Restricted Securities pursuant to the Shelf Registration Statement.
k. Subject to the exceptions contained in (i) and enable such certificates for (ii) of Section 3(i) above, the Registrable Company shall use its reasonable best efforts to cause the Transfer Restricted Securities covered by the Shelf Registration Statement to be registered with or approved by such other federal, state and local governmental agencies or authorities, and self-regulatory organizations in the United States as may be necessary to enable the Holders to consummate the disposition of such denominations Transfer Restricted Securities as contemplated by the Shelf Registration Statement; without limitation to the foregoing, the Company shall provide all such information as may be required by the NASD in connection with the offering under the Shelf Registration Statement of the Transfer Restricted Securities.
l. Upon the occurrence of any event described in Section 3(c)(iv) or amounts3(c)(v) hereof, the Company shall promptly prepare and file with the SEC a post-effective amendment to the Shelf Registration Statement, or an amendment or supplement to the related Prospectus, or any document incorporated therein by reference, or file a document which is incorporated or deemed to be incorporated by reference in the Shelf Registration Statement or Prospectus, as the case may be, so that, as any thereafter delivered to purchasers of the Holders reasonably may request Transfer Restricted Securities included therein, the Shelf Registration Statement and registered the Prospectus, in such names each case as then amended or supplemented, will not include an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein (in the case of the Holders may request; Prospectus, in the light of the circumstances under which they were made) not misleading and, within three Trading Days after in the case of a Registration Statement which includes Registrable Securities is declared post-effective by amendment, use its reasonable best efforts to cause it to become effective as promptly as practicable; provided that the Commission, deliver and cause legal counsel selected by Company’s obligations under this paragraph (k) shall be suspended if the Company to deliver to has suspended the transfer agent for use of the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities Prospectus in accordance with Section 2(c) hereof and given notice of such suspension to Notice Holders, it being understood that the intended methods therefor provided in Company’s obligations under this Section 3(l) shall be automatically reinstated at the prospectus which are customary for issuers end of such Suspension Period.
m. The Company shall use its reasonable best efforts to perform comply with all applicable rules and regulations of the SEC and shall make generally available to its security holders an earnings statement satisfying the provisions of Section 11(a) of the Securities Act and Rule 158 promulgated by the SEC thereunder (or any similar rule promulgated under the circumstances;
(iSecurities Act) in for a 12-month period commencing on the event first day of an underwritten offering, promptly include the first fiscal quarter of the Company commencing after the effective date of the Shelf Registration Statement or incorporate in a prospectus supplement or each post-effective amendment to the Shelf Registration Statement, which such statements shall be made available no later than 45 days after the end of the 12-month period or 90 days after the end of the 12-month period, if the 12-month period coincides with the fiscal year of the Company.
n. The Company shall cause all shares of Common Stock issuable upon conversion of the Notes to be reserved for listing on each securities exchange or quotation system on which the Common Stock is then listed no later than the date the Shelf Registration Statement is declared effective and, shall cause all Common Stock to be so listed when issued, and, in connection therewith, to make such filings as may be required under the Exchange Act and to have such filings declared effective as and when required thereunder.
o. If reasonably requested in writing in connection with any disposition of Transfer Restricted Securities pursuant to a Shelf Registration Statement, make reasonably available for inspection during normal business hours by a representative for the Notice Holders of such Transfer Restricted Securities and any broker-dealers, attorneys and accountants retained by such Notice Holders, all relevant financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries, and cause the appropriate executive officers, directors and designated employees of the Company and its subsidiaries to make reasonably available for inspection during normal business hours all relevant information reasonably requested by such representative for the Notice Holders or any such broker-dealers, attorneys or accountants in connection with such disposition, in each case as is customary for similar “due diligence” examinations; provided, however, that any information that is designated by the Company, in good faith, as confidential at the time of delivery of such information shall be kept confidential by such Persons, unless disclosure thereof is made in connection with a court, administrative or regulatory proceeding or required by law, or such information has become available to the public generally through the Company or through a third party without an accompanying obligation of confidentiality.
p. Each Notice Holder agrees that, upon receipt of notice of the happening of an event described in Sections 3(c)(ii) through and including 3(c)(vi), it shall forthwith discontinue (and shall cause its agents and representatives to discontinue) disposition of Transfer Restricted Securities and will not resume disposition of Transfer Restricted Securities until such Holder has received copies of an amended or supplemented Prospectus contemplated by Section 3(l) hereof, or until such Notice Holder is advised in writing by the Company that the use of the Prospectus may be resumed or that the relevant Suspension Period has been terminated, as the managers reasonably agree should be included therein case may be, provided that the foregoing shall not prevent the sale, transfer or other disposition of Transfer Restricted Securities by a Holder in a transaction which is exempt from, or not subject to, the registration requirements of the Securities Act, so long as such Holder does not and is not required to which deliver the Prospectus or Shelf Registration Statement in connection with such sale, transfer or other disposition, as the case may be; and provided, further, that the provisions of this Section 3(p) shall not prevent the occurrence of a Registration Default or otherwise limit the obligation of the Company does not reasonably object and make to pay Registration Default Payments. .
q. The Company shall use its reasonable best efforts to take all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified other steps necessary to effect the registration of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for Notes covered by the Common StockShelf Registration Statement contemplated hereby.
Appears in 2 contracts
Sources: Purchase Agreement (Lexar Media Inc), Registration Rights Agreement (Lexar Media Inc)
Registration Procedures. If and whenever In addition to the Company is required by any requirements of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 11.2, the Company UDC shall (except as otherwise expressly provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required PPG's compliance with respect to each Registration StatementSection 11.3.1:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities 1933 Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same registration statement (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act▇▇▇▇ ▇▇▇) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) PPG and reflect in such documents all such comments as the Holders PPG (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders PPG such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities 1933 Act, and such other documents, as any of the Holders PPG may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;PPG.
(c) to the extent necessary, register and qualify the Registrable Securities covered by the Registration Statement under such other applicable state securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above)laws, and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder PPG to consummate the public sale or other disposition in such jurisdiction jurisdictions within the United States of America of the Registrable Securities securities owned by such Holder;PPG, except that UDC shall not be required to qualify in any state which will require an escrow relating to UDC and/or the sellers of Registrable Securities, or which will require UDC to qualify to do business in such state or require UDC to file therein any general consent to service of process.
(d) list such Registrable Securities on subject to the markets where the Common Stock provisions of the Company is listed as of the effective date of the Registration StatementSection 11.2.4 hereof, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders PPG at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities 1933 Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company UDC shall prepare and file a curative amendment or 1934 Act filing deemed incorporated in the Registration Statement under Section 6(a) applicable provisions of this Article 11 as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;commercially possible.
(fe) as promptly as practicable after becoming aware of such event, notify each of the Holders PPG who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recission or removal of such stop order or other suspension;.
(gf) cooperate with the Holders PPG to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders PPG reasonably may request and registered in such names as any of the Holders PPG may request; and, within three Trading Days (3) business days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company UDC to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersPPG whose Securities are included in such Registration Statement) an appropriate instruction and, to the extent necessary, an opinion of such counsel;.
(hg) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by PPG of the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;.
(ih) in the event of an underwritten offeringoffering elected by PPG, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company UDC does not reasonably object and make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; andand enter into and perform its obligations as UDC under an underwriting agreement, in usual and customary form, with the managing underwriter of such offering.
(i) cause all Securities registered pursuant hereunder to be listed timely on each securities exchange or quotation system on which similar securities issued by UDC are then listed.
(j) use its best efforts to furnish, at the request of PPG, on the date that such Securities are delivered to the underwriters for sale in connection with a registration pursuant to this Article 11, if such securities are being sold through underwriters (i) an opinion, dated such date, of the counsel representing UDC for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to PPG and (ii) a letter dated such date, from the independent certified public accountants of UDC, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to PPG.
(k) maintain a transfer agent and registrar CUSIP number for the its Common Stock.
Appears in 2 contracts
Sources: Development and License Agreement (Universal Display Corp \Pa\), Development and License Agreement (Universal Display Corp \Pa\)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (iib) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
5.2 (ia) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c) 3.3 and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (iior equivalents) and (b) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) 5.3 register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c) 3.3 above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) 5.4 list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) 5.5 notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall use its best efforts to prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement5.1;
(f) 5.6 as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) 5.7 cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three Trading Days five (5) trading days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) 5.8 take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) 5.9 in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) 5.10 maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Registration Rights Agreement (Superconductor Technologies Inc), Registration Rights Agreement (Superconductor Technologies Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement Section 12.01 hereof to use its best efforts to effect the registration of any of the Registrable Securities its securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement)shall, as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;,
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders Seller such numbers of copies of a prospectus prospectus, including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Seller may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSeller;
(cii) register and qualify the Registrable Securities notify each Seller of any securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above)registration statement, and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which Company's becoming aware that the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing (upon receipt of which each Seller agrees to forthwith cease making offers and sales of such securities pursuant to such prospectus and to deliver to the Company any copies of such prospectus then in the possession of such Seller), and at the request of any such Seller promptly prepare and furnish to such Seller a reasonable number of copies of a prospectus supplemented or amended so that, as thereafter delivered to the purchasers of such securities, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(fiii) after becoming aware make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of such eventat least twelve months, notify each but not more than eighteen months, beginning with one of the Holders who holds Registrable Securities being sold (orfirst three months after the effective date of the registration statement, in which earnings statement shall satisfy the event provisions of an underwritten offering, the managing underwritersSection 11(a) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionSecurities Act;
(giv) cooperate otherwise use its best efforts to comply with the Holders to facilitate the timely preparation all applicable rules and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any regulations of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(hv) take all use its best efforts to list such other lawful actions reasonably necessary to expedite and facilitate securities on any securities exchange on which the disposition by Common Stock of the Holders Company is then listed, or, if not so listed, on a national securities exchange, if the listing of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform such securities is then permitted under the circumstances;rules of such exchange; Warrant Agreement -----------------
(ivi) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain provide a transfer agent and registrar for all the Common Stocksecurities covered by such registration statement not later than the effective date of such registration statement; and
(vii) make available for inspection by any Seller of securities covered by such registration statement, by any underwriter participating in any disposition to be effected pursuant to such registration statement and by any attorney, accountant or other agent retained by any such Seller or any such underwriter, all pertinent financial and other records, pertinent corporate documents and properties of the Company, and cause all of the Company's officers, directors and employees to supply all information reasonably requested by any such Seller, underwriter, attorney, accountant or agent in connection with such registration statement. If any such registration or comparable statement refers to any Seller by name or otherwise as the holder of any securities of the Company, then such Seller shall have the right to require (A) the insertion therein of language, in form and substance satisfactory to such Seller, to the effect that the holding by such Seller of such securities is not to be construed as a recommendation by such Seller of the investment quality of the Company's securities covered thereby and that such holding does not imply that such Seller will assist in meeting any future financial requirements of the Company, or (B) in the event that such reference to such Seller by name or otherwise is not required by the Securities Act, the deletion of the reference to such Seller. The Company may require each Holder of securities to, and each such Holder, as a condition to including Securities in such registration, shall, furnish the Company with such information and affidavits regarding such holder and the distribution of such securities as the Company may from time to time reasonably request in writing in connection with such registration. No Seller may participate in any underwritten registration hereunder unless such Seller (a) agrees to sell such Seller's securities on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities, lock-ups, underwriting agreements and other documents reasonably required under the terms of such underwriting arrangements and these registration rights. Each Seller of securities agrees that upon receipt of any notice from the Company of the happening of any event of the kind described in Section 12.03(ii), such Seller will forthwith discontinue such Seller's disposition of securities pursuant to the registration statement relating to such securities until such Seller's receipt of the copies of the supplemented or amended prospectus contemplated by Section 12.03(ii) and, if so directed by the Company, will deliver to the Company (at the Company's expense) all copies, other than permanent file copies, then in such Seller's possession of any prospectus relating to such securities at the time of receipt of such notice.
Appears in 2 contracts
Sources: Special Warrant Agreement (Nuco2 Inc /Fl), Special Warrant Agreement (Nuco2 Inc /Fl)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possibleuse commercially reasonable efforts to, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each the Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act during the applicable period with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any in accordance with the intended methods of distribution by the Holder shall desire to sell Holders thereof set forth in the Registration Statement or otherwise dispose of the same prospectus (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, and any prospectus or prospectus supplement thereafter filed, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c5(d) hereof and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if in the Company's judgment it is lawful to do soso without requiring public disclosure of the same under Regulation FD or breaching any of its obligations under any agreement with SIBL or its affiliates;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c5(d) abovehereof), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets primary trading market where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketsmarket;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and use is commercially reasonable efforts to file a curative amendment under Section 6(a7(a) hereof as quickly soon as reasonably possible practicable and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time as soon as reasonably practicable and take all lawful reasonable action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as reasonably practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(ji) maintain a transfer agent and registrar for the Common Stock.
Appears in 2 contracts
Sources: Merger Agreement (Dgse Companies Inc), Merger Agreement (Superior Galleries Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith Prospectus as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration StatementProspectus, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus the Prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and reflect in such documents all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus the Prospectus including a preliminary prospectus or any amendment or supplement to any prospectusthe Prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSecurities;
(c) register and qualify comply with the New York blue sky laws with respect to the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(g) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderSecurities;
(d) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or the Nasdaq Stock Market;
(e) notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement Prospectus is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration StatementProspectus, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible commercially possibleand such period during which the Purchaser is precluded from making sales under the Prospectus shall be a Suspension Period and during such period, the Holders Company shall not make any sales of Registrable Securities pursuant to compensate the Registration StatementPurchaser as set forth in Section 3(j) herein;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Purchaser (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders Purchaser to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Purchaser reasonably may request and registered in such names as any of the Holders Purchaser may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver pursuant to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;Purchase Agreement.
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus Prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (Cel Sci Corp), Common Stock Purchase Agreement (Cel Sci Corp)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement hereof to effect the registration of any Shares of the Registrable Securities Common Stock under the Securities Act, the Company shall (except as otherwise provided in this Agreement)will, as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) prepare and file with the Commission a Registration Statement with respect to such Shares of Common Stock and use its best efforts to cause such Registration Statement to become and remain effective for the period of the distribution contemplated thereby (idetermined as herein provided), and promptly provide to the holders of Shares of Common Stock ("Sellers") copies of all filings with the Commission;
(b) prepare and file with the Commission such amendments and supplements to the such Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with until the provisions latest of: (i) 180 days following the effective date of the Securities Act with respect Registration Statement;
(c) furnish to the sale or other disposition Seller, such number of all Registrable Securities covered by such Registration Statement whenever any copies of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated included therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments theretoeach preliminary prospectus) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) Seller reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other their disposition of the Registrable Securities owned securities covered by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(cd) use its best efforts to register and or qualify the Registrable Securities Seller's Shares of Common Stock covered by the such Registration Statement under such other the securities or "blue sky sky" laws of such jurisdictions as any of the Holders Seller shall reasonably request (subject designate, provided, however, that the Company shall not for any such purpose be required to the limitations set forth qualify generally to transact business as a foreign corporation in Section 4(c) above), and do any and all other acts and things which may be necessary jurisdiction where it is not so qualified or advisable to enable consent to general service of process in any such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holderjurisdiction;
(de) list the Shares of Common Stock covered by such Registrable Securities Registration Statement with any securities exchange on the markets where which the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketslisted;
(ef) immediately notify the Holders at any time Seller when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it the Company has knowledge as a result of which the prospectus included contained in the such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing;
(g) make available for inspection by the Seller, and any attorney retained by the Company shall prepare Seller, all publicly available, non-confidential financial and file a curative amendment under Section 6(a) as quickly as other records, pertinent corporate documents and properties of the Company, and cause the Company's officers, directors and employees to supply all publicly available, non-confidential information reasonably possible and during requested by the attorney for Seller in connection with such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(fh) after becoming aware of such event, will notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension Subscriber of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal within one business day of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockevent.
Appears in 2 contracts
Sources: Subscription Agreement (Calypte Biomedical Corp), Subscription Agreement (Calypte Biomedical Corp)
Registration Procedures. If and whenever The Shareholders shall furnish to the Company is required such information regarding them, the Shares held by any them, the intended method of their disposition of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActShares, and such information as the Company shall (except reasonably request and as otherwise provided shall be legally required, in this Agreement), as expeditiously as possible, subject to connection with the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementof the Shares. The Company shall:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with SEC, a registration statement pursuant on the appropriate form prescribed by the SEC and cause such registration statement to Rule 415 promulgated under the Securities Actbecome effective on or before November 7, 2004. The Registration (including any amendments or supplements thereto and prospectuses contained therein) and (ii) take all lawful action such that each of (A) the Registration Statement and shall not contain any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein therein, or necessary to make the statements therein, in light of the circumstances under in which they were made, not misleading misleading;
(b) prepare and (B) file with the SEC, such amendments, post-effective amendments and supplements to such registration statement and any documents required to be incorporated by reference therein as may be necessary to keep the registration statement effective until the distribution of Shares shall have been completed; cause the prospectus forming part to be supplemented by any required prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Act (or any successor rule); and comply with the provisions of the Act applicable to it with respect to the disposition of the Shares covered by such registration statement during the applicable period in accordance with the intended methods of disposition of the Shares being sold by the Shareholders, set forth in such registration statement or supplement to the prospectus. In the case of amendments and supplements to the Registration Statementthat are required to be filed pursuant to this Agreement (including pursuant to this Section 3(b)) by reason of the Company filing a report on Form 10-KSB, Form 10-QSB or Form 8-K or any analogous report under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Company shall file such amendments or supplements with the SEC on the same day or as soon as practicably thereafter on which the Exchange Act report is filed that created the requirement for the Company to amend or supplement the Registration;
(c) furnish to each Shareholder at least one (1) conformed copy of the registration statement and any post-effective amendment thereto, upon request, and such number of copies of the prospectus (including each preliminary prospectus) and any amendments or supplements thereto, and any amendment exhibits or supplement theretodocuments incorporated by reference therein as the Shareholders or underwriter or underwriters, does if any, may reasonably request in order to facilitate the disposition of the Shares being sold by the Shareholders;
(d) on or prior to the date on which the registration statement is declared effective, to register or qualify, and to cooperate with the Shareholders, the underwriter or underwriters, if any, and their counsel in connection with the registration or qualification of the Shares covered by the registration statement for offer and sale under the Act or Blue Sky Laws of each state and other jurisdiction of the United States as the Shareholders or underwriter or underwriters, if any, may request (considering the nature or size of the offering and the expense and time involved in such qualification or registration), and to do any and all other acts or things which may be necessary or advisable to enable the disposition in all such jurisdictions of the Shares covered by the applicable registration statement;
(e) cause the Shares covered by the registration statement to be registered with or approved by such other governmental agencies or authorities within the United States, including, without limitation, any filing required to be made by the underwriter or underwriters, if any, with a stock market, exchange or quotation service (such as New York Stock Exchange, American Stock Exchange, NASDAQ, OTCBB or Pink Sheets Service), as may be necessary to enable the seller or sellers thereof or the underwriter or underwriters, if any, to consummate the disposition of the Shares;
(f) prior to the effective date of a registration statement covering the Shares (i) cooperate with the holders of the Shares to provide certificates for the Shares in a form eligible for deposit with The Depository Trust Company and (ii) provide a CUSIP number for the Shares to be offered;
(g) provide a transfer agent and registrar for all such Shares not later than the effective date of the first registration statement relating to the Shares and co-operate to make certificates promptly available;
(h) list or have included for trading the Shares on any stock exchange or interdealer quotation system upon which other securities of the Company of the same class are listed or included for trading; and
(i) enter into customary underwriting and other agreements and obtain cold comfort letters and/or legal opinion letters in customary form as may be requested by any underwriter or the Shareholders.
(j) notify each seller of such Shares, at any time during when a prospectus relating thereto is required to be delivered under the Registration Period include Act, of the happening of any event as a result of which the prospectus included in such registration statement contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading, and, at the request of any such seller, the Company shall promptly prepare a supplement or amendment to such prospectus and/or registration statement so that, as thereafter delivered to the purchasers of such Shares, such prospectus shall not contain an untrue statement of a material fact or omit to state a material any fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementmisleading;
(fk) after becoming aware make available for inspection by any seller of Shares, any underwriter participating in any disposition pursuant to such eventregistration statement and any attorney, notify each accountant or other agent retained by any such seller or underwriter, all financial and other records, pertinent corporate documents and properties of the Holders who holds Registrable Securities being sold Company, and cause the Company's officers, directors, employees and independent accountants to supply all information reasonably requested by any such seller, underwriter, attorney, accountant or agent in connection with such registration statement;
(orl) otherwise use its best efforts to comply with all applicable rules and regulations of the SEC, in and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the event period of an underwritten offeringat least twelve months beginning with the first day of the Company's first full calendar quarter after the effective date of the registration statement, which earnings statement shall satisfy the managing underwritersprovisions of Section 11(a) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time Act and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionRule 158 thereunder;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(im) in the event of an underwritten offeringthe issuance of any stop order suspending the effectiveness of a registration statement, or of any order suspending or preventing the use of any related prospectus or suspending the qualification of any securities included in such registration statement for sale in any jurisdiction, the Company shall notify the Shareholders thereof and use its best efforts promptly include or incorporate to obtain the withdrawal of such order;
(n) The Company shall hold in confidence and not make any disclosure of information concerning a prospectus supplement or post-effective amendment Shareholder provided to the Registration Statement Company unless (i) disclosure of such information as is necessary to comply with Federal or state securities laws, (ii) the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings disclosure of such prospectus supplement information is necessary to avoid or postcorrect a misstatement or omission in the Registration, (iii) the release of such information is ordered pursuant to a subpoena or other final, non-effective amendment as soon as practicable after appealable order from a court or governmental body of competent jurisdiction, or (iv) such information has been made generally available to the public other than by disclosure in violation of this Agreement or any other agreement. The Company agrees that it shall, upon learning that disclosure of such information concerning a Shareholder is notified sought in or by a court or governmental body of competent jurisdiction or through other means, give prompt written notice to such Shareholder and allow such Shareholder, at the matters Shareholder's expense, to be included undertake appropriate action to prevent disclosure of, or incorporated in to obtain a protective order for, such prospectus supplement or post-effective amendmentinformation; and
(jo) maintain a transfer agent use its best efforts to cause its management to participate fully in the sale process, including, without limitation, the preparation of the registration statement and registrar for the Common Stockpreparation and presentation of any "road shows," whether domestic or international.
Appears in 2 contracts
Sources: Registration Rights Agreement (Critical Home Care Inc), Registration Rights Agreement (Critical Home Care Inc)
Registration Procedures. If and whenever the Whenever required under this Section 9 to include Conversion Shares in a Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Actstatement, the Company shall (except as otherwise provided in this Agreement)shall, as expeditiously as reasonably possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(aA) Use its commercially best efforts to (i) prepare cause such Registration Statement to become effective, and (ii) cause such Registration Statement to remain effective until such date as the sellers of Conversion Shares (the “ Selling Holders”) have completed the distribution described in the Registration Statement. The Company will also use its commercially best efforts to, during the period that such Registration Statement is required to be maintained hereunder, file such post-effective amendments and supplements thereto as may be required by the Securities Act and the rules and regulations thereunder or otherwise to ensure that the Registration Statement does not contain any untrue statement of material fact or omit to state a fact required to be stated therein or necessary to make the statements contained therein, in light of the circumstances under which they are made, not misleading; provided, however, that if applicable rules under the Securities Act governing the obligation to file a post-effective amendment permits, in lieu of filing a post-effective amendment that (i) includes any prospectus required by Section 10(a)(3) of the Securities Act or (ii) reflects facts or events representing a material or fundamental change in the information set forth in the Registration Statement, the Company may incorporate by reference information required to be included in (i) and (ii) above to the extent such information is contained in periodic reports filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) in the registration statement.
(B) Prepare and file with the Commission SEC such amendments and supplements to the such Registration Statement Statement, and the prospectus used in connection therewith with such registration statement, as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same Statement.
(including prospectus supplements with respect C) Furnish to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Selling Holders such numbers of copies of a prospectus prospectus, including a preliminary prospectus as amended or any amendment or supplement supplemented from time to any prospectus, as applicabletime, in conformity with the requirements of the Securities Act, and such other documents, documents as any of the Holders they may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities Conversion Shares owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;them.
(cD) Use commercially best efforts to register and qualify the Registrable Securities securities covered by the Registration Statement such registration statement under such other federal or state securities or blue sky laws of such jurisdictions as shall be reasonably requested by the Holder and any other Holder who has requested inclusion of their Conversion Shares in the Holders Registration Statement; provided, however, that the Company shall reasonably request (not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or jurisdictions, unless the Company is already subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition service in such jurisdiction and except as may be required by the Securities Act.
(E) Notify each Holder of the Registrable Securities owned Conversion Shares covered by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, (i) when the Registration Statement or any post-effective amendment and supplement thereto has become effective; (ii) of the issuance by the Commission of any stop order or the initiation of proceedings for that purpose (in which event the Company shall make every effort to obtain the withdrawal of any order suspending effectiveness of the Registration Statement at the earliest possible time or prevent the entry thereof); (iii) of the receipt by the Company of any notification with respect to the suspension of the qualification of the Conversion Shares for sale in any jurisdiction or the initiation of any proceeding for such purpose; and (iv) of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementsuch registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;.
(fF) after becoming aware of Cause all such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities Conversion Shares registered hereunder to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations listed on each securities exchange or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement quotation service on which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected similar securities issued by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include then listed or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockquoted.
Appears in 1 contract
Registration Procedures. If and whenever the Company is ----------------------- required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(d) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may proposepropose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents); (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such HolderInvestor; and (iii) provide to the Holders each Investor copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, subject to Section 3(h), and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably commercially possible and during such period, the Holders Investors shall not make any sales of Registrable Securities pursuant to the Registration Statement;Statement and during such period; provided, however, any period during which the Investors are -------- ------- precluded from making sales of the Registrable Securities shall be included in the 20 calendar day period in Section 3(h) and any such days herein which exceed, or cause the Company to exceed, such 20 calendar day period shall be deemed a Registration Default and the Company shall be subject to Liquidated Damages as set forth in Section 3(f).
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three 3 Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder of such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 1 contract
Sources: Debenture and Warrant Purchase Agreement (Professional Transportation Group LTD Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investor's assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investor shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investor as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investor (and their counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investor shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder the Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Investor (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investor to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investor reasonably may request and registered in such names as any of the Holders Investor may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestor) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investor of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Registration Procedures. If and whenever the Company Pivotal is required by any of the provisions of this Agreement Sections 3(a) and 3(b) to effect the registration of any shares of the Registrable Securities under the Securities Act, Pivotal will use commercially reasonable efforts to effect the Company shall (except as otherwise provided registration and sale of such Registrable Securities in this Agreement)accordance with the intended methods of disposition specified by the holders participating therein. Without limiting the foregoing, Pivotal in each such case will, as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementis commercially reasonable:
(a) (i) prepare cause the registration statement and file the related prospectus and any amendment or supplement thereto, as of the effective date of the registration statement, or such amendment or supplement, (A) to comply in all material respects with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions applicable requirements of the Securities Act with respect to and the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any rules and regulations of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 Commission promulgated under the Securities Act) Act and (iiB) take all lawful action such that each of (A) the Registration Statement and not to contain any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(iii) prior to the filing promptly prepare and file with the Commission of any Registration Statement (including any such amendments thereto) and supplements to the registration statement and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect used in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity connection with the requirements registration statement as may be necessary to keep the registration statement effective and to comply with the provisions of the Securities Act, and such other documents, as any of Act with respect to the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the all Registrable Securities covered by the Registration Statement registration statement until the earlier of such time as all such Registrable Securities have been disposed of in accordance with the intended methods of disposition by the Holder or Holders thereof set forth in the registration statement (which shall not include, without the consent of Pivotal (which may be granted or withheld in Pivotal's sole discretion) an underwritten offering) or a date calculated as described in Section 3(a)(iii) hereof; provided that if the Board of Directors of Pivotal determines that amending the registration statement or supplementing the prospectus might be detrimental to Pivotal, then notwithstanding this Section 3(c)(ii) Pivotal may defer such amendment or supplement for up to 120 days, provided that: (a) Pivotal shall not use such right of deferral with respect to any registration statement for more than an aggregate of 120 days in any 12-month period; and (b) the number of days Pivotal is required to keep the registration statement effective shall be extended by the number of days for which Pivotal shall have used such right of deferral;
(iii) furnish to each Holder of such Registrable Securities one conformed copy of the registration statement and of each such amendment and supplement thereto (in each case including all exhibits) and one of each document incorporated by reference therein and such number of copies of the prospectus included in the registration statement (including any summary prospectus);
(iv) use its best efforts to register or qualify all Registrable Securities and other securities covered by the registration statement under such other securities or blue sky Blue Sky laws of such jurisdictions as any the states of the Holders United States as each Holder of such Registrable Securities shall reasonably request request, to keep such registration or qualification in effect for so long as the registration statement remains in effect (subject to the limitations set forth in Section 4(c) above3(a)), except that Pivotal shall not for any such purpose be required to qualify generally to do business as a foreign corporation in any jurisdiction in which it is not and do would not, but for the requirements of this Section 3(c)(iv), be obligated to be so qualified, or to subject itself to taxation in any and all other acts and things which may be necessary such jurisdiction, or advisable to enable consent to general service of process in any such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holderjurisdiction;
(dv) list such immediately notify each Holder of Registrable Securities on covered by the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statementregistration statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus or prospectus supplement relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of upon discovery that, or upon the happening of any event of which it has knowledge as a result of which which, the prospectus included in the Registration Statementregistration statement, as then in effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing which untrue statement or omission requires amendment of the registration statement or supplementation of the prospectus, and (subject to Section 3(a)(v) and Section 3(c)(ii) hereof) promptly thereafter prepare and furnish to such Holder a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such Registrable Securities such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing; provided, and however, that each Holder of Registrable Securities registered pursuant to the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during registration statement agrees that such period, the Holders shall Holder will not make sell any sales of Registrable Securities pursuant to the Registration Statementregistration statement during the time that Pivotal is preparing and filing with the Commission a supplement to or an amendment of such prospectus or registration statement;
(fvi) after becoming aware of such event, notify each otherwise use commercially reasonable efforts to comply with all applicable rules and regulations of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(jvii) maintain provide and cause to be maintained a transfer agent and registrar for all Registrable Securities covered by the Common Stockregistration statement from and after a date not later than the effective date of the registration statement. Each Holder of Registrable Securities as to which any registration is being effected shall furnish to Pivotal such information regarding such Holder and the distribution of such Registrable Securities as Pivotal may from time to time reasonably request in connection therewith, and if any holder fails to do so within a reasonable time after Pivotal requests such information, Pivotal may exclude such Holder's Registrable Securities from such registration.
Appears in 1 contract
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement With respect to effect the registration of any the resale of the Registrable Securities Shares under the Securities Act, this Article V the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementwill:
(a) (i) prepare and file with the Commission furnish to each Investor such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions number of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part copies of the Registration Statement, each amendment and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated prospectus included therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments theretopreliminary prospectus) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, documents as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities Shares owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestors;
(cb) use its commercially reasonable efforts to comply with all applicable securities laws in the U.S. and to register and or qualify the Registrable Securities all Shares covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall Investor reasonably request (subject to the limitations set forth in Section 4(c) above), requests and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder Investor to consummate the public sale or other disposition in such jurisdiction jurisdictions of the Registrable Securities owned Shares to be sold by such HolderInvestor; provided that the Company will not be required to (i) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this subparagraph, (ii) subject itself to taxation in any such jurisdiction or (iii) consent to general service of process in any such jurisdiction);
(dc) list notify each seller of such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Shares covered by such Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by to the Registration Statement resale of the Shares is required to be delivered under the Securities Act, upon discovery that, or upon the discovery of the happening of any event of which it has knowledge as a result of which which, the prospectus included in the Registration Statement, as then in effect, includes Statement contains an untrue statement of a material fact or omits to state a material any fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existingunder which they were made, and the Company shall will promptly prepare and file with the SEC, and furnish to such seller a curative reasonable number of copies of, a supplement or amendment under Section 6(a) to such prospectus so that, as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant thereafter delivered to the Registration Statementpurchasers of such Shares, such prospectus will not contain an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein not misleading in the light of the circumstances under which they were made;
(d) use commercially reasonable best efforts to cause all Shares to be sold in such offering to be listed on each Trading Market on which the Common Shares are then listed;
(e) otherwise use its commercially reasonable best efforts to comply with all applicable rules and regulations of the SEC; and
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of suspending the effectiveness of the Registration Statement at Statement, or of any order suspending or preventing the earliest possible time and take all lawful action use of any related prospectus or suspending the qualification of any securities included therein for sale in any jurisdiction, use commercially reasonable best efforts to effect obtain the withdrawal, rescission or removal prompt withdrawal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stockorder.
Appears in 1 contract
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investors' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare i)prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Investors shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investors shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall use its best efforts to prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement5(a);
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investors may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Sources: Registration Rights Agreement (Dental Medical Diagnostic Systems Inc)
Registration Procedures. If and whenever the Company Parent is required by any of the provisions of this Agreement ----------------------- Section 2 or 3 to effect the registration file a Registration Statement covering shares of any of the Registrable Securities under the Securities ActRestricted --------- - Stock, the Company shall (except as otherwise provided in this Agreement)Parent agrees to, as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) subject to the provisions of Section 2 or 3, as applicable, --------- - prepare and file with the Commission such Registration Statement including such securities and use all commercially reasonable efforts to cause such Registration Statement to become effective;
(b) subject to the provision of Section 4(a), prepare and file ------------ with the Commission such amendments and supplements to the such Registration Statement and the prospectus used in connection therewith Prospectus included therein as may be necessary or required to keep such Registration Statement effective for the period of distribution contemplated hereby, and to comply with the all applicable provisions of the Securities Act with respect Act;
(c) use all reasonable efforts to prevent the sale issuance of any stop order or other disposition order suspending the effectiveness of all Registrable Securities covered by such Registration Statement whenever any and, if such an order is issued, to obtain the withdrawal thereof at the earliest possible time and to immediately notify each holder of the Holder shall desire Restricted Stock included in such Registration Statement of such order;
(d) furnish to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales each seller of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each number of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light copies of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, Prospectus included in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any such Registration Statement (including any amendments theretoeach preliminary Prospectus) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) Persons reasonably may propose; (ii) furnish request in order to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity comply with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by holders of Registrable Securities included in the Registration Statement is required to be delivered under upon the Securities Act, of the happening occurrence of any event of which it has knowledge as a result of which the prospectus Prospectus included in the such Registration Statement, as then in effect, includes contains an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and as promptly as practicable, prepare, file and furnish to such holders a reasonable number of copies of a supplement or an amendment to such Prospectus as may be necessary so that such Prospectus does not contain an untrue statement of material fact or omit to state a material fact required to be stated therein or necessary to make the Company statements therein not misleading in light of the circumstances then existing; provided, however, that Parent may delay preparing, filing and distributing any -------- ------- such supplement or amendment if Parent determines in good faith that such supplement or amendment might, in the reasonable judgment of Parent, (i) interfere with or affect the negotiation or completion of a transaction that is being contemplated by Parent (whether or not a final decision has been made to undertake such transaction) or (ii) involve initial or continuing disclosure obligations that are not in the best interests of Parent's stockholders at such time; and provided, further, that (x) Parent shall prepare and file give notice (a curative amendment under Section 6(a"Standstill -------- ------- ---------- Notice") as quickly as reasonably possible and during of any such perioddelay, the Holders (y) such delay shall not make extend, with respect to any sales of Registrable Securities ------ registration effected pursuant to the provisions of Section 2, for a period of more than thirty (30) days without the written consent of the holders of a majority of the Registered Stock included in such Registration StatementStatement and (z) Parent shall not exercise such right more than twice during any twelve-month period;
(f) after becoming aware if required, use all commercially reasonable efforts to register or qualify the Registrable Securities covered by such Registration Statement under the securities or "blue sky" laws of such event, notify each United States jurisdictions as the sellers of the Holders who holds Registrable Securities being sold (or, in the event case of an underwritten public offering, the managing underwriters) underwriter or underwriters reasonably shall request; provided, however, that Parent shall not for any such -------- ------- purpose be required to qualify generally to transact business as a foreign corporation in any jurisdiction where it is not so qualified or to consent to general service of the issuance by the Commission of process in any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionjurisdiction;
(g) cooperate with the Holders use all commercially reasonable efforts to facilitate the timely preparation and delivery of certificates for include the Registrable Securities to be offered pursuant to the covered by such Registration Statement and enable such certificates for on the Registrable Securities to be in such denominations NASDAQ National Market or amounts, as any other securities exchange on which the case may be, as any Common Stock of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities Parent is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counselthen listed;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate if the disposition by the Holders of their Stockholder distributes Registrable Securities in accordance with to its members during the intended methods therefor provided in the prospectus which are customary for issuers effective period of a Registration Statement, use all commercially reasonable efforts to perform under the circumstancesamend or supplement such Registration Statement to reflect such distribution;
(i) in the event of an underwritten offeringUnderwritten Offering of the Registrable Securities, promptly include or incorporate enter into and perform its obligations under an underwriting agreement, in a prospectus supplement or post-effective amendment usual and customary form reasonably acceptable to Parent, with the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings managing underwriter of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendmentoffering; and
(j) maintain keep a transfer agent Registration Statement, other than the Initial Registration Statement, filed pursuant to the provisions hereof effective until the earliest of (i) the sale of all of the shares included thereunder and registrar for (ii) the Common Stockdate that is ninety (90) days after the effective date of such Registration Statement.
Appears in 1 contract
Registration Procedures. If and whenever the Company is required by any of Subject to the provisions of this Agreement to effect Sections 11(a) hereof, in connection with the registration of the sale of Registrable Securities hereunder, the Company will as promptly as reasonably practicable:
(i) furnish to the Investors holding Registrable Securities, if requested, prior to the filing of the applicable Registration Statement, copies of such applicable Registration Statement as is proposed to be filed, and thereafter such number of copies of such applicable Registration Statement, each amendment and supplement thereto (in each case including all exhibits thereto and documents incorporated by reference therein), the Prospectus, any and all transmittal letters or other correspondence with the SEC relating to the applicable Registration Statement and such other documents as the Investors may reasonably request from time to time in order to facilitate the disposition of the Registrable Securities Securities;
(ii) notify each Investor, at any time when a Prospectus relating thereto is required to be delivered under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to happening of any event as a result of which the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain Prospectus contains an untrue statement of a material fact or omit omits to state a any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading misleading, and (B) the Company will prepare a supplement or amendment to such prospectus forming part so that, as thereafter delivered to the purchasers of the Registration StatementRegistrable Securities, and any amendment or supplement thereto, does such Prospectus will not at any time during the Registration Period include contain an untrue statement of a material fact or omit to state a any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;
(iiii) prior use commercially reasonable efforts to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders take such actions as are reasonably required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to expedite or facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSecurities;
(civ) register otherwise use commercially reasonable efforts to comply with all applicable rules and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any regulations of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above)SEC, and do any and all other acts and things which may be necessary or advisable make generally available to enable such Holder to consummate its security holders, within the public sale or other disposition in such jurisdiction required time period, an earnings statement covering a period of twelve months, beginning with the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of first fiscal quarter after the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the applicable Registration Statement (as the term “effective date” is required to be delivered defined in Rule 158(c) under the Securities Act), which earnings statement shall satisfy the provisions of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters11(a) of the issuance by the Commission of Securities Act and Rule 158 thereunder or any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;successor provisions thereto; and
(gv) cooperate with the Holders use commercially reasonable efforts to facilitate the timely preparation and delivery of certificates for the cause all Registrable Securities to be offered pursuant to listed or quoted on the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations exchange or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement automated quotation system on which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected similar securities issued by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stocklisted quoted.
Appears in 1 contract
Registration Procedures. If and whenever the Company is ----------------------- required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Lenders' assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any of the Holder Lenders shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Lenders as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Lenders (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Lender such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Lender may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soLender;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Lenders shall reasonably request (subject to the limitations set forth in Section 4(c3(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Lender to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderLender;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Lender at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Lender who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Lenders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Lenders reasonably may request and registered in such names as any of the Holders Lenders may request; and, within three (3) Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersLenders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Lenders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Registration Procedures. If and whenever the Company is required by In connection with any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActShelf Registration Statement, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) (i) prepare The Trust and file the Company shall furnish to the Initial Purchasers and their counsel, prior to the filing thereof with the Commission such amendments Commission, a copy of any Shelf Registration Statement, and supplements each amendment thereof and each amendment or supplement, if any, to the Registration Statement Prospectus included therein and shall each use its best efforts to reflect in each such document, when so filed with the Commission, such comments as the Initial Purchasers and such counsel reasonably may propose.
(b) The Trust and the prospectus used in connection therewith Company shall take such action as may be necessary to keep such so that (i) any Shelf Registration Statement effective Statement, and to comply any amendment thereto, and any Prospectus forming part thereof, and any amendment or supplement thereto (and each report or other document incorporated therein by reference in each case) complies in all material respects with the provisions of the Securities Act with respect to and the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of Exchange Act and the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) respective rules and regulations thereunder, (ii) take all lawful action such that each of (A) the any Shelf Registration Statement Statement, and any amendment thereto thereto, does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein not misleading and (iii) any Prospectus forming part of any Shelf Registration Statement, and any amendment or supplement to such Prospectus, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements, in the light of the circumstances under which they were made, not misleading and misleading.
(B1) The Company shall advise the prospectus forming part Initial Purchasers and, in the case of clause (i) of this Section 3(c), the Holders and, if requested by the Initial Purchasers or any such Holder, confirm such advice in writing:
(i) when a Shelf Registration Statement, and any amendment or supplement thereto, does has been filed with the Commission and when the Shelf Registration Statement or any post-effective amendment thereto has become effective; and
(ii) of any request by the Commission for amendments or supplements to the Shelf Registration Statement or the Prospectus included therein or for additional information.
(2) The Company shall advise the Initial Purchasers and the Holders and, if requested by the Initial Purchasers or any such Holder, confirm such advice in writing of:
(i) the issuance by the Commission of any stop order suspending effectiveness of the Shelf Registration Statement or the initiation of any proceedings for that purpose;
(ii) the receipt by the Trust or the Company of any notification with respect to the suspension of the qualification of the securities included therein for sale in any jurisdiction or the initiation of any proceeding for such purpose; and
(iii) the happening of any event that requires the making of any changes in the Shelf Registration Statement or the Prospectus so that, as of such date, the Shelf Registration Statement and the Prospectus do not at any time during the Registration Period include contain an untrue statement of a material fact or and do not omit to state a material fact required to be stated therein or necessary to make the statements thereintherein (in the case of the Prospectus, in light of the circumstances under which they were made, ) not misleading;misleading (which advice shall be accompanied by an instruction to suspend the use of the Prospectus until the requisite changes have been made).
(id) prior The Company shall use its best efforts to prevent the filing with issuance, and, if issued, to obtain the Commission withdrawal, of any order suspending the effectiveness of any Shelf Registration Statement at the earliest possible time.
(including any amendments theretoe) The Trust and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) Company shall furnish to each Holder of Registrable Securities included within the coverage of any Shelf Registration Statement, without charge, at least one copy of such Shelf Registration Statement and any post-effective amendments thereto, including financial statements and schedules, and, if the Holder so requests in writing, all reports and other documents incorporated by reference in the Shelf Registration Statement and exhibits (including those incorporated by reference).
(f) The Trust and the Company shall, during the Effectiveness Period, deliver to each Holder of Registrable Securities included within the coverage of any Shelf Registration Statement, without charge, as many copies of the Holders Prospectus (including each preliminary prospectus) included in such numbers Shelf Registration Statement and any amendment or supplement thereto as such Holder may reasonably request; and each of copies the Trust and the Company consents (except upon and during the continuance of a prospectus including a preliminary prospectus any event described in paragraphs 2(d) or 3(c)(2)(iii) above) to the use of the Prospectus or any amendment or supplement to any prospectus, as applicable, thereto by each of the selling Holders of Registrable Securities in conformity connection with the requirements offering and sale of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Prospectus or any amendment or supplement thereto during the Effectiveness Period.
(g) Prior to any offering of Registrable Securities pursuant to any Shelf Registration Statement Statement, the Trust and the Company shall register or qualify or cooperate with the Holders of Registrable Securities included therein and their respective counsel in connection with the registration or qualification of such Registrable Securities for offer and sale under such other the securities or blue sky laws of such jurisdictions in the United States as any of the such Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), writing and do any and all other acts and or things which may be necessary or advisable to enable such Holder to consummate the public offer and sale or other disposition in such jurisdiction jurisdictions of the Registrable Securities owned covered by such Holder;
(d) list such Registrable Securities on Shelf Registration Statement; provided, however, that in no event shall the markets where the Common Stock of Trust or the Company be obligated to (i) qualify generally to do business or as a foreign corporation or as a dealer in securities in any jurisdiction where it would not otherwise be required to so qualify but for this Section 3(g), (ii) file any general consent to service of process in any jurisdiction where it is listed not as of the effective date of the Registration Statement, hereof then so subject or (iii) subject itself to taxation in any such jurisdiction if the listing of such it is not so subject.
(h) Unless any Registrable Securities is then permitted under shall be in book-entry only form, the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, Trust and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders of Registrable Securities to facilitate the timely preparation and delivery of certificates for the representing Registrable Securities to be offered sold pursuant to the any Shelf Registration Statement free of any restrictive legends and enable such certificates for the Registrable Securities to be in such permitted denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes request in connection with the sale of Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company pursuant to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;Shelf Registration Statement.
(i) in Upon the occurrence of any event of an underwritten offeringcontemplated by paragraph 3(c)(2)(iii) above, the Trust and the Company shall promptly include or incorporate in prepare a prospectus supplement or post-effective amendment to the any Shelf Registration Statement or an amendment or supplement to the related Prospectus or file any other required document so that, as thereafter delivered to purchasers of the Registrable Securities included therein, the Prospectus will not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading (except, in each case, for an untrue statement of a material fact or omission of a material fact made in reliance on and in conformity with written information furnished to the Company or the Trust by or on behalf of Holders specifically for use therein). The Trust and the Company agree to notify the Holders to suspend use of the Prospectus, and the Holders shall suspend use of the Prospectus, and not communicate such material non-public information to any third party, and not sell or purchase, or offer to sell or purchase, any securities of the Trust or the Company, until the Trust or the Company has amended or supplemented the Prospectus so it does not contain any such misstatement or omission. Subject to Section 2(d), at such time as such public disclosure is otherwise made or the managers reasonably Trust and the Company determine in good faith that such disclosure is not necessary, the Trust and the Company agree should be included to notify the Holders of such determination and to amend or supplement the Prospectus if necessary, so it does not contain any such untrue statement or omission therein and to which furnish the Holders such numbers of copies of the Prospectus as so amended or supplemented as the Holders may reasonably request.
(j) Not later than the effective date of any Shelf Registration Statement hereunder, the Trust and the Company does not reasonably object shall provide a CUSIP number for the Preferred Securities registered under such Shelf Registration Statement; in the event of and at the time of any distribution of the Debentures to Holders, the Company shall provide a CUSIP number for the Debentures and provide the applicable trustee with certificates for such Registrable Securities, in a form eligible for deposit with DTC (to the extent that such Registrable Securities are so eligible).
(k) The Trust and the Company shall use their best efforts to comply with all applicable rules and regulations of the Commission and shall make all required filings generally available to their security holders or otherwise provide in accordance with Section 11(a) of such prospectus supplement or post-effective amendment the Securities Act as soon as practicable after it is notified the effective date of the matters applicable Shelf Registration Statement an earnings statement satisfying the provisions of Section 11(a) of the Securities Act.
(l) The Trust and the Company shall use their reasonable best efforts to cause the Indenture, the Declaration and the Preferred Securities Guarantee Agreement to be included or incorporated qualified under the Trust Indenture Act in a timely manner.
(m) The Trust and the Company may require each Holder of Registrable Securities to be sold pursuant to any Shelf Registration Statement to furnish to the Trust and the Company such information regarding the Holder and the distribution of such Registrable Securities as the Trust and the Company may from time to time reasonably require for inclusion in such prospectus supplement or post-effective amendment; andShelf Registration Statement and the Company and the Trust may exclude from such registration the Registrable Securities of any Holder that fails to furnish such information within a reasonable time after receiving such request.
(jn) maintain a transfer agent The Trust and registrar for the Company will each use their reasonable best efforts to cause the Preferred Securities and the Common StockStock issuable upon conversion thereof to be listed on the New York Stock Exchange on or prior to the effective date of any Shelf Registration Statement hereunder.
(o) The Trust and the Company shall use their reasonable best efforts to take all other steps necessary to effect the registration, offering and sale of the Registrable Securities covered by the Shelf Registration Statement contemplated hereby.
Appears in 1 contract
Sources: Registration Rights Agreement (Frontier Insurance Group Inc)
Registration Procedures. If and whenever In the case of each registration effected by the Company is required by any of the provisions of this Agreement pursuant to effect the registration of any of the Registrable Securities under the Securities ActSection 3, the Company shall (except will keep the Investor advised in writing as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance initiation of each registration and cooperation as reasonably required with respect to each Registration Statementthe completion thereof. At its expense, the Company will use its reasonable best efforts to:
(a) Keep such Registration Statement effective during the Registration Effective Period or such shorter period commencing on the Effective Date and ending on the date upon which the Investor has resold all of the Registrable Securities;
(ib) prepare Prepare and file with the Commission such amendments and supplements to the such Registration Statement and the prospectus Prospectus used in connection therewith with such Registration Statement as may be necessary to keep such the Registration Statement effective for the period specified in Section 4(a) and to comply with the provisions of the Securities Act and the Exchange Act with respect to the sale or other disposition of all securities covered by such Registration Statement;
(c) Furnish such number of Prospectuses and other documents incident thereto, including any amendment of or supplement to the Prospectus, as the Investor from time to time may reasonably request;
(d) Promptly notify each seller of Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus Prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Act of the happening of any event of which it has knowledge as a result of which the prospectus Prospectus included in the such Registration Statement, Statement as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and at the request of any such seller promptly prepare and furnish to such seller a reasonable number of copies of a supplement to or an amendment of such Prospectus as may be necessary so that as thereafter delivered to the purchasers of such shares such Prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing;
(e) Cause all such Registrable Securities registered pursuant hereto to be listed on each securities exchange or securities quotation system on which securities of the same class issued by the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementare then listed;
(f) after becoming aware of such event, notify each Otherwise use its reasonable best efforts to comply with all applicable rules and regulations of the Holders who holds Commission, take such other actions as may be reasonably necessary to facilitate the registration of the Registrable Securities being sold (orhereunder, in and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the event period of an underwritten offeringat least twelve months, but not more than eighteen months, beginning with the managing underwritersfirst month after the Effective Date, which earnings statement shall satisfy the provisions of Section 11(a) of the issuance Securities Act.
(g) Permit a single firm of counsel designated by the Investor to review the Registration Statement and all amendments and supplements thereto no fewer than seven (7) business days prior to their filing with the Commission, and not file any document in a form to which such counsel reasonably objects if such objection is given within five (5) business days after receipt thereof by such counsel;
(h) Furnish to each Investor and its legal counsel promptly after the same is prepared and publicly distributed, filed with the Commission, or received by the Company, one copy of the Registration Statement and any amendment thereto, each preliminary prospectus and Prospectus and each amendment or supplement thereto, and each letter written by or on behalf of the Company to the Commission or the staff of the Commission, and each item of correspondence from the Commission or the staff of the Commission, and, if requested, a description of the Company's or its Counsel's discussions with the Commission, in each case relating to such Registration Statement (other than any portion of any thereof which contains information for which the Company has sought confidential treatment);
(i) Use its reasonable best efforts to prevent the issuance of any stop order or other suspension of effectiveness and, if such order is issued, obtain the effectiveness withdrawal of any such order at the earliest possible moment;
(j) Furnish to the Investor at least five copies of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment thereto, including financial statements;
(k) Prior to any public offering of Registrable Securities, use its reasonable best efforts to register or qualify such Registrable Securities for offer and sale under the securities or blue sky laws of such jurisdictions as the Investor reasonably requests and do any and all other reasonable acts or things necessary or advisable to enable the distribution in such jurisdictions of the Registrable Securities covered by the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.Statement;
Appears in 1 contract
Registration Procedures. If and whenever In connection with any Shelf Registration Statement and, to the Company is required by extent applicable, any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActExchange Offer Registration Statement, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) The Company and the Trust shall furnish to the Initial Purchasers, prior to the filing thereof with the Commission, a copy of any Registration Statement, and each amendment thereof and each amendment or supplement, if any, to the Prospectus included therein and shall reflect in each such document, when so filed with the Commission, such comments as the Initial Purchasers reasonably may propose unless advised by counsel that such comments are not required to be included under applicable law, and subject in any event to the comments of the Commission staff.
(b) The Company and the Trust shall ensure that (i) prepare and file with the Commission such amendments and supplements to the any Registration Statement and the prospectus used any amendment thereto and any Prospectus forming part thereof and any amendment or supplement thereto (and each document incorporated therein by reference) complies in connection therewith as may be necessary to keep such Registration Statement effective and to comply all material respects with the provisions of Act and the Securities Exchange Act with respect to and the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) respective rules and regulations thereunder, (ii) take all lawful action such that each of (A) the any Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein not misleading and (iii) any Prospectus forming part of any Registration Statement, and any amendment or supplement to such Prospectus, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements, in the light of the circumstances under which they were made, not misleading misleading.
(1) The Company and the Trust shall advise the Initial Purchasers and, in the case of a Shelf Registration Statement, the Holders of securities covered thereby, and, if requested by the Initial Purchasers or any such Holder, confirm such advice in writing:
(Bi) when the Registration Statement and any amendment thereto has been filed with the Commission and when the Registration Statement or any post-effective amendment thereto has become effective; and
(ii) of any request by the Commission for amendments or supplements to the Registration Statement or the Prospectus included therein or for additional information.
(2) The Company and the Trust shall advise the Initial Purchasers and, in the case of a Shelf Registration Statement, the Holders of securities covered thereby, and, in the case of an Exchange Offer Registration Statement, any Exchanging Dealer that has provided in writing to the Company a telephone or facsimile number and address for notices, and, if requested by the Initial Purchasers or any such Holder or Exchanging Dealer, confirm such advice in writing of:
(i) the prospectus forming part issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement, and Statement or the initiation of any amendment proceedings for that purpose;
(ii) the receipt by the Company or supplement thereto, does not at the Trust of any time during notification with respect to the suspension of the qualification of the securities included therein for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; and
(iii) the happening of any event that requires the making of any changes in the Registration Period include an untrue statement Statement or the Prospectus so that, as of a material fact or such date, the statements therein are not misleading and do not omit to state a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus, in light of the circumstances under which they were made) not misleading (which advice shall be accompanied by an instruction to suspend the use of the Prospectus until the requisite changes have been made).
(d) The Company and the Trust shall use their best efforts to prevent the issuance, and if issued to obtain the withdrawal, of any order suspending the effectiveness of any Registration Statement at the earliest possible time.
(e) On or prior to the time that an Exchange Offer Registration Statement or Shelf Registration Statement is first effective under the Securities Act, the Company shall have used its reasonable best efforts to cause the Capital Securities or Exchange Securities corresponding to such Capital Securities, respectively, to be duly authorized for listing, subject in the case of an Exchange Offer Registration Statement to official notice of issuance, on the New York Stock Exchange as a fixed income security (or, if such listing is unavailable, as an equity security) and thereafter shall maintain such listing; or, in the alternative, the Company shall have taken such action reasonably satisfactory to the Initial Purchasers as to have caused the Capital Securities or Exchange Securities corresponding to such Capital Securities, respectively, to be freely tradable to the same extent as if duly authorized for listing on the New York Stock Exchange as described above, it being agreed that listing such securities for quotation through the National Association of Securities Dealers Automated Quotation system shall satisfy the requirements of this subsection (e).
(f) The Company and the Trust shall furnish to each Holder of securities included within the coverage of any Shelf Registration Statement, without charge, at least one copy of such Shelf Registration Statement and any post-effective amendment thereto, including financial statements and schedules, and, if the Holder so requests in writing, all exhibits filed therewith (including those incorporated by reference).
(g) The Company and the Trust shall, during the Shelf Registration Period, deliver to each Holder of securities included within the coverage of any Shelf Registration Statement, without charge, as many copies of the Prospectus (including each preliminary Prospectus) included in such Shelf Registration Statement and any amendment or supplement thereto as such Holder may reasonably request; and the Company and the Trust each consent to the use of the Prospectus or any amendment or supplement thereto by each of the selling Holders of securities in connection with the offering and sale of the securities covered by the Prospectus or any amendment or supplement thereto.
(h) The Company and the Trust shall furnish to each Exchanging Dealer that so requests, without charge, at least one copy of the Exchange Offer Registration Statement and any post-effective amendment thereto, including financial statements and schedules, any documents incorporated by reference therein, and, if the Exchanging Dealer so requests in writing, all exhibits filed therewith (including those incorporated by reference).
(i) The Company and the Trust shall, during the Exchange Offer Registration Period, promptly deliver to each Exchanging Dealer, without charge, as many copies of the Prospectus included in such Exchange Offer Registration Statement and any amendment or supplement thereto as such Exchanging Dealer may reasonably request for delivery by such Exchanging Dealer in connection with a sale of Exchange Securities received by it pursuant to the Registered Exchange Offer; and the Company and the Trust each consent to the use of the Prospectus or any amendment or supplement thereto by any such Exchanging Dealer, as aforesaid.
(j) Prior to the Registered Exchange Offer or any other offering of securities pursuant to any Registration Statement, the Company and the Trust shall register or qualify or cooperate with the Holders of securities included therein and their respective counsel in connection with the registration or qualification of such securities for offer and sale under the securities or blue sky laws of such jurisdictions as any such Holders reasonably request in writing and do any and all other acts or things reasonably necessary or advisable to enable the offer and sale in such jurisdictions of the securities covered by such Registration Statement; provided, however, that in no event shall the Company or the Trust be required to qualify generally to do business in any jurisdiction where they are not then so qualified or to take any action which would subject them to general service of process or to taxation in any such jurisdiction where they are not then so subject or register as a securities broker-dealer, agent or salesperson.
(k) The Company and the Trust shall cooperate with the Holders of Registrable Securities or Exchange Securities, as the case may be, to facilitate the timely preparation and delivery within the times required by normal-way settlement of certificates representing securities to be sold pursuant to any Registration Statement free of any restrictive legends and in such denominations and registered in such names as Holders may request prior to sales of securities pursuant to such Registration Statement.
(l) Upon the occurrence of any event contemplated by paragraph (c)(2)(iii) of this Section 4, the Company and the Trust shall as promptly as reasonably practicable prepare a post-effective amendment to any Registration Statement or an amendment or supplement to the related Prospectus or file any other required document so that, as thereafter delivered to purchasers of the securities included therein, the Prospectus will not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;.
(im) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of Not later than the effective date of the Registration Statement, if the listing of any such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under hereunder, the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, Company and the Company Trust shall prepare and file provide a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, CUSIP number for the Holders shall not make any sales of Registrable Capital Securities pursuant or the Exchange Securities corresponding to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amountsCapital Securities, as the case may be, as registered under such Registration Statement. In the event of and at the time of any distribution of the Holders reasonably Subordinated Debt Securities to Holders, the Company and the Trust shall provide a CUSIP number for the Subordinated Debt Securities or the Exchange Securities corresponding to the Subordinated Debt Securities and provide the applicable trustee with certificates for such securities, in a form eligible for deposit with DTC. The Company and the Trust shall use their best efforts to cause the CUSIP Service Bureau to issue the same CUSIP number for all Exchange Securities or Registrable Securities, as the case may request and registered in such names as any of the Holders may request; andbe, within three Trading Days after delivered pursuant to a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent as was originally issued for the Registrable Securities Securities.
(n) The Company and the Trust shall use their best efforts to comply in all material respects with copies all applicable rules and regulations of the Commission and shall make generally available to their security holders as soon as reasonably practicable after the effective date of the applicable Registration Statement an earnings statement satisfying the provisions of Section 11(a) of the Act.
(o) The Company and the Trust shall use their best efforts to cause the indenture relating to the Holders) an appropriate instruction andSubordinated Debt Securities, the agreement of the Company providing for the Guarantee and the declaration of trust of the Trust pursuant to which the terms of the Capital Securities are established, or any corresponding documents in respect of the Exchange Securities, as the case may be, to be qualified under the extent necessary, an opinion Trust Indenture Act in a timely manner.
(p) The Company and the Trust may require each Holder of securities to be sold pursuant to any Shelf Registration Statement to furnish to the Company and the Trust such information regarding the Holder and the distribution of such counsel;securities as the Company and the Trust may from time to time reasonably require for inclusion in such Registration Statement.
(hq) take all such other lawful actions The Company and the Trust shall, if requested, as promptly as reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offeringpracticable, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the a Shelf Registration Statement Statement, such information as the managers Managing Underwriters reasonably agree should be included therein (unless advised by counsel that such information is not required to be included under applicable law) and to which the Company does not reasonably object and shall make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as reasonably practicable after it is they are notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and.
(jr) maintain In the case of any Shelf Registration Statement, the Company and the Trust shall enter into such agreements (including underwriting agreements) and take all other reasonable appropriate actions in order to expedite or facilitate the registration or the disposition of the Registrable Securities or the Exchange Securities, as the case may be, to be registered thereunder. In connection therewith, if an underwriting agreement is entered into, the Company and the Trust shall cause the same to contain indemnification provisions and procedures no less favorable than those set forth in Section 6 (or such other provisions and procedures acceptable to the Managing Underwriters, if any), with respect to all parties to be indemnified pursuant to Section 6.
(s) In the case of any underwritten offering under a transfer Shelf Registration Statement or at the request of an Initial Purchaser to the extent that an Initial Purchaser has Registrable Securities or Exchange Securities eligible for resale thereunder, the Company and the Trust shall (i) make reasonably available for inspection by a representative of the Holders of a majority of the securities to be registered thereunder, any Initial Purchaser (if applicable) and any underwriter participating in any disposition pursuant to such Registration Statement, and any attorney, accountant or other agent retained by any such Holders, Initial Purchaser or underwriter all relevant financial and registrar other records, pertinent corporate documents and properties of the Company, its subsidiaries and the Trust; (ii) cause the Company's officers, directors and employees and the trustees of the Trust to supply all relevant information reasonably requested by the representative of the Holders, the Initial Purchaser (if applicable) or any such underwriter, attorney, accountant or agent in connection with any such Registration Statement as is customary for similar due diligence examinations; provided, however, that any information that is designated in writing by the Common Stock.Company and the Trust, in good faith, as confidential at the time of delivery of such information shall be kept confidential by the Holders, the Initial Purchaser (if applicable) or any such underwriter, attorney, accountant or agent, unless such disclosure is made in connection with a court proceeding or required by law, or such information becomes available to the public generally or through a third party without an accompanying obligation of confidentiality; (iii) make such representations and warranties to the Holders of securities registered thereunder, the Initial Purchaser (if applicable) and the underwriters, if any, in form, substance and scope as are customarily made by issuers to underwriters in similar or comparable primary underwritten offerings and covering matters including, but not limited to, those set forth in the Purchase Agreement; (iv) obtain opinions of counsel to the Company and the Trust (who may be the general counsel of the Company) and updates thereof (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the Managing Underwriters, if any) addressed to each selling Holder, Initial Purchaser (if applicable) and the underwriters, if any, covering such matters as are customarily covered in opinions requested in similar or comparable underwritten offerings and such other matters as may be reasonably requested by such Holders, Initial Purchaser (if applicable) and underwriters; (v) obtain "cold comfort" letters and updates thereof from the independent certified public accountants of the Company (and, if necessary, any other independent certified public accountants of any subsidiary of the Company or of any business acquired by the Company for which financial statements and financial data are, or are required to be, included in the Registration Statement), addressed to each selling Holder of securities registered thereunder, the Initial Purchaser (if applicable) and the underwriters, if any, in customary form and covering matters of the type customarily covered in "cold comfort" letters in connection with similar or c
Appears in 1 contract
Registration Procedures. If and whenever In connection with the fulfillment by the Company is required by any of the provisions of this Agreement its obligations hereunder to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as reasonably possible, subject to the Holders’ Investor's assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus Prospectus used in connection therewith as may be necessary to keep such Registration Statement current and effective and to comply with the provisions of the Securities Act and the rules thereunder with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement registration statement whenever any of the Holder Investor shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) ), and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading misleading, and (B) the any preliminary prospectus and any other Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus Prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investor as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investor (and their its counsel) reasonably may propose; , and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus the Registration Statement and the Prospectus (including a any preliminary prospectus or any amendment or supplement to any prospectusProspectus, as applicable), in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky Blue Sky laws of such jurisdictions as any of the Holders Investor shall reasonably request (subject to the limitations set forth in Section 4(c3(e) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder the Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holderthe Investor;
(d) list such Registrable Securities on the markets where principal United States exchange or market for the Common Stock of Company's ordinary shares (the Company is listed as of the effective date of the Registration Statement"Principal Market"), if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders Investor at any time when a prospectus relating thereto covered by during the Registration Statement is required to be delivered under the Securities Act, Effectiveness Period of the happening of any event of which it has knowledge the Chief Executive Officer or Chief Financial Officer of the Company becomes aware as a result of which the prospectus Prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investor to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and to enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investor reasonably may request and registered in such names as any of the Holders Investor may request; and, within three Trading Days (3) calendar days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) As promptly as reasonably practicable after the filing of such documents with the Commission, furnish to the Investor, upon its written request and without charge, at least one (1) conformed copy of the Registration Statement and any amendment thereto, including financial statements, but excluding schedules, all documents incorporated or deemed to be incorporated therein by reference and all exhibits (unless requested in writing to the Company by the Investor).
(i) During the Effectiveness Period, deliver to the Investor in connection with any sale of Registrable Securities pursuant to a Registration Statement, without charge, as many copies of the Prospectus or Prospectuses relating to such Registrable Securities (including each preliminary prospectus) and any amendment or supplement thereto as the Investor may reasonably request; and the Company hereby consents (except during Blackout Periods during which a notice of a stop order or a Potential Material Event is outstanding and has not been revoked) to the use of such Prospectus or each amendment or supplement thereto by the Investor in connection with any offering and sale of the Registrable Securities covered by such Prospectus or any amendment or supplement thereto in the manner as set for the therein.
(j) Comply with all applicable rules and regulations of the SEC and make generally available to it securityholders earnings statements (which need not be audited) satisfying the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar rule promulgated under the Securities Act) no later than forty-five (45) days after the end of any twelve (12) month period ninety (90) days after the end of any twelve (12) month period if such period is a fiscal year) commencing on the first day of the first fiscal quarter of the Company commencing after the effective date of a Registration Statement, which statements shall cover said twelve (12) month periods.
(k) Provide a CUSIP number for all Registrable Securities covered by each Registration Statement not later than the effective date of such Registration Statement and, subject to Section 10 hereof, provide the transfer agent for the Ordinary Shares of the Company with certificates for the Registrable Securities that are in a form eligible for deposit with The Depository Trust Company or another depository.
(l) Use its best efforts to provide such information as is required for any filings required to be made with the National Association of Securities Dealers, Inc.
(m) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investor of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus Prospectus which are customary for issuers to perform under the circumstances;
(in) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers of the underwritten offering reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(jo) maintain a transfer agent and registrar for the Common Stockits Ordinary Shares.
Appears in 1 contract
Sources: Registration Rights Agreement (Consolidated Water Co LTD)
Registration Procedures. If and whenever the Company is required by In connection with any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActShelf Registration ----------------------- Statement, the Company following provisions shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementapply:
(a) The Company shall (i) prepare and file furnish to the Representatives, prior to the filing thereof with the Commission SEC, a copy of any Shelf Registration Statement, and each amendment thereof, and a copy of any Prospectus, and each amendment or supplement thereto (excluding amendments caused by the filing of a report under the Exchange Act), and shall reflect in each such amendments and supplements document, when so filed with the SEC, such comments as the Representatives may promptly propose, except to the Registration Statement and extent the prospectus used in connection therewith as may Company reasonably determines it to be necessary inadvisable or inappropriate to keep reflect such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) comments therein, and (ii) take include information regarding the Notice Holders and the methods of distribution they have elected for their Transfer Restricted Securities provided to the Company in Notice and Questionnaires as necessary to permit such distribution by the methods specified therein.
(b) Subject to Section 2(d), the Company shall ensure that (i) any Shelf Registration Statement and any amendment thereto and any Prospectus forming a part thereof and any amendment or supplement thereto comply in all lawful action such that each of material respects with the Act and the rules and regulations thereunder, (Aii) the any Shelf Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading and (iii) any Prospectus forming a part of any Shelf Registration Statement, and any amendment or supplement to such Prospectus, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading misleading; provided that the Company makes no representation with respect to information with respect to any Underwriter or any Holder required to be included in any Shelf Registration Statement or Prospectus pursuant to the Act or the rules and regulations thereunder and which information is included therein in reliance upon and in conformity with information furnished to the Company in writing by such Underwriter or Holder.
(Bc) The Company, as promptly as reasonably practicable, shall advise the prospectus forming part of the Representatives and each Notice Holder and, if requested by you or any such Holder, confirm such advice in writing:
(i) when a Shelf Registration Statement, Statement and any amendment thereto has been filed with the SEC and when the Shelf Registration Statement or supplement theretoany post-effective amendment thereto has become effective;
(ii) of any request by the SEC following effectiveness of the Shelf Registration Statement for amendments or supplements to the Shelf Registration Statement or the Prospectus or for additional information (other than any such request relating to a review of the Company's Exchange Act filings);
(iii) of the determination by the Company that a post-effective amendment to the Shelf Registration Statement would be appropriate;
(iv) of the commencement or termination of (but not the nature of or details concerning) any Suspension Period;
(v) of the issuance by the SEC of any stop order suspending the effectiveness of the Shelf Registration Statement or the initiation or threat of any proceedings for that purpose;
(vi) of the receipt by the Company of any notification with respect to the suspension of the qualification of the Transfer Restricted Securities included in any Shelf Registration Statement for sale in any jurisdiction or the initiation or threat of any proceeding for such purpose;
(vii) of the happening of (but not the nature of or details concerning) any event that requires the making of any changes in the Shelf Registration Statement or the Prospectus so that, as of such date, the statements therein are not misleading and the Shelf Registration Statement or the Prospectus, as the case may be, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements thereintherein (in the case of the Prospectus, in light of the circumstances under which they were made, ) not misleading;; and
(iviii) prior to of the filing with Company's suspension of the Commission use of the Prospectus as a result of any of the events or circumstances described in paragraphs (ii) through (vii) above, and of the termination of any such suspension.
(d) The Company shall use its reasonable best efforts to obtain the withdrawal of any order suspending the effectiveness of any Shelf Registration Statement or the lifting of any suspension of the qualification (or exemption from qualification) of any of the Transfer Restricted Securities for offer or sale in any jurisdiction at the earliest possible time.
(e) The Company shall promptly furnish to each Notice Holder, without charge, at least one copy of any Shelf Registration Statement and any post-effective amendment thereto, including all exhibits (including those incorporated by reference), financial statements and schedules.
(f) The Company shall, during the Shelf Registration Period, promptly deliver to each Initial Purchaser, each Notice Holder and any sales or placement agent or underwriters acting on their behalf, without charge, as many copies of the Prospectus (including each preliminary Prospectus) included in any Shelf Registration Statement (including excluding documents incorporated by reference), and any amendments amendment or supplement thereto, as such person may reasonably request; and, except as provided in Sections 2(d) and 3(s) hereof, the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof Company consents to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each use of the Holders such numbers of copies of a prospectus including a preliminary prospectus Prospectus or any amendment or supplement to any prospectus, as applicable, thereto by each of the selling Holders in conformity connection with the requirements offering and sale of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Transfer Restricted Securities covered by the Prospectus or any amendment or supplement thereto.
(g) Prior to any offering of Transfer Restricted Securities pursuant to any Shelf Registration Statement Statement, the Company shall register or qualify or cooperate with the Notice Holders and their respective counsel in connection with the registration or qualification (or exemption from such registration or qualification) of such Transfer Restricted Securities for offer and sale, under such other the securities or blue sky laws of such jurisdictions within the United States as any of the such Notice Holders shall reasonably request (subject to the limitations set forth and shall maintain such qualification in Section 4(c) above), effect so long as required and do any and all other acts and or things which may be necessary or advisable to enable such Holder to consummate the public offer and sale or other disposition in such jurisdiction jurisdictions of the Registrable Transfer Restricted Securities owned covered by such Holder;Shelf Registration Statement; provided, however, that the Company will not be required to (A) -------- ------- qualify generally to do business as a foreign corporation or as a dealer in securities in any jurisdiction where it is not then so qualified or to (B) take any action which would subject it to service of process or taxation in any such jurisdiction where it is not then so subject.
(dh) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the The Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable representing Transfer Restricted Securities to be offered sold pursuant to the any Shelf Registration Statement free of any restrictive legends and enable such certificates for the Registrable Securities to be in such denominations permitted by the Indenture and registered in such names as Holders may request at least two Business Days prior to settlement of sales of Transfer Restricted Securities pursuant to such Shelf Registration Statement.
(i) Subject to the exceptions contained in (A) and (B) of Section 3(g) hereof, the Company shall use its reasonable best efforts to cause the Transfer Restricted Securities covered by the applicable Shelf Registration Statement to be registered with or amountsapproved by such other federal, state and local governmental agencies or authorities, and self-regulatory organizations in the United States as may be necessary to enable the Holders to consummate the disposition of such Transfer Restricted Securities as contemplated by the Shelf Registration Statement; without limitation to the foregoing, the Company shall provide all such information as may be required by the National Association of Securities Dealers, Inc. (the "NASD") in connection with the offering under the ---- Shelf Registration Statement of the Transfer Restricted Securities (including, without limitation, such as may be required by NASD Rule 2710 or 2720), and shall cooperate with each Holder in connection with any filings required to be made with the NASD by such Holder in that regard.
(j) Upon the occurrence of any event described in Section 3(c)(vii) hereof, the Company shall promptly prepare and file with the SEC a post-effective amendment to any Shelf Registration Statement or an amendment or supplement to the related Prospectus or any document incorporated therein by reference or file a document which is incorporated or deemed to be incorporated by reference in such Shelf Registration Statement or Prospectus, as the case may be, so that, as any thereafter delivered to purchasers of the Holders reasonably may request Transfer Restricted Securities included therein, the Shelf Registration Statement and registered the Prospectus, in such names each case as then amended or supplemented, will not include an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein (in the case of the Holders may request; Prospectus in light of the circumstances under which they were made) not misleading and, within three Trading Days after in the case of a post-effective amendment, use its reasonable best efforts to cause it to become effective as promptly as practicable; provided that the Company's obligations under this paragraph (j) shall be suspended if the Company has suspended the use of the Prospectus in accordance with Section 2(d) hereof and given notice of such suspension to Notice Holders, it being understood that the Company's obligations under this Section 3(j) shall be automatically reinstated at the end of such Suspension Period.
(k) The Company shall use its reasonable best efforts to provide, on or prior to the first Business Day following the effective date of any Shelf Registration Statement hereunder (i) a CUSIP number for the Transfer Restricted Securities registered under such Shelf Registration Statement and (ii) global certificates for such Transfer Restricted Securities to the Trustee, in a form eligible for deposit with DTC.
(l) The Company shall use its best efforts to comply with all applicable rules and regulations of the SEC and shall make generally available to its security holders as soon as practicable but in any event not later than 50 days after the end of a 12-month period (or 105 days, if such period is a fiscal year) after (i) the effective date of the applicable Shelf Registration Statement, (ii) the effective date of each post-effective amendment to any Shelf Registration Statement, and (iii) the date of each filing by the Company with the SEC of an Annual Report on Form 10-K that is incorporated by reference or deemed to be incorporated by reference in the Shelf Registration Statement, an earnings statement satisfying the provisions of Section 11(a) of the Act and Rule 158 promulgated by the SEC thereunder.
(m) The Company shall use its reasonable best efforts to cause the Indenture to be qualified under the TIA (as defined in the Indenture) in a timely manner.
(n) The Company shall cause all Common Stock issued or issuable upon conversion of the Securities to be listed on each securities exchange or quotation system on which includes Registrable Securities the Common Stock is then listed no later than the date the applicable Shelf Registration Statement is declared effective and, in connection therewith, to make such filings as may be required under the Exchange Act and to have such filings declared effective as and when required thereunder.
(o) The Company may require each Holder of Transfer Restricted Securities to be sold pursuant to any Shelf Registration Statement to furnish to the Company such information regarding the Holder and the distribution of such Transfer Restricted Securities sought by the CommissionNotice and Questionnaire and such additional information as may, deliver from time to time, be required by the Act and cause legal counsel selected by the rules and regulations promulgated thereunder, and the obligations of the Company to deliver to any Holder hereunder shall be expressly conditioned on the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion compliance of such counsel;Holder with such request.
(hp) take all such other lawful actions The Company shall, if reasonably necessary requested, use its reasonable best efforts to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the a Shelf Registration Statement (i) such information as the managers Majority Holders provide or, if Transfer Restricted Securities are being sold in an Underwritten Offering, as the Managing Underwriters or the Majority Underwriting Holders reasonably agree should be included therein and provide to which the Company does not reasonably object in writing for inclusion in the Shelf Registration Statement or Prospectus, and (ii) such information as a Holder may provide from time to time to the Company in writing for inclusion in a Prospectus or any Shelf Registration Statement concerning such Holder and the distribution of such Holder's Transfer Restricted Securities and, in either case, shall make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable promptly after it is being notified in writing of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and, provided that the Company shall not be required to take any action under this Section 3(p) that is not, in the reasonable opinion of counsel for the Company, in compliance with applicable law.
(jq) maintain The Company shall enter into such customary agreements (including underwriting agreements) and take all other appropriate actions as may be requested in order to expedite or facilitate the registration or the disposition of the Transfer Restricted Securities, and in connection therewith, if an underwriting agreement is entered into, cause the same to contain indemnification and contribution provisions and procedures no less favorable than those set forth in Section 5 (except that the Company's indemnification and contribution obligations in any such underwriting agreement shall in addition to the Prospectus also apply to any preliminary Prospectus authorized by the Company to be used in connection with resale of Securities or Common Stock issued or issuable upon the conversion thereof). The plan of distribution in the Shelf Registration Statement and the Prospectus included therein shall permit resales of Transfer Restricted Securities to be made by selling securityholder through underwriters, brokers and dealers, and shall also include such other information as the Representatives may reasonably request.
(r) The Company shall if reasonably requested in writing by the Majority Holders, the Majority Underwriting Holders or the Managing Underwriter(s):
(i) make reasonably available for inspection during normal business hours by any Underwriter participating in any disposition pursuant to such Shelf Registration Statement, and any attorney, accountant or other agent retained by any such Underwriter, all relevant financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries as is customary for due diligence examinations in connection with public offerings;
(ii) cause the Company's officers, directors, employees, accountants and auditors to supply all relevant information reasonably requested by any such Underwriter, attorney, accountant or agent in connection with any such Shelf Registration Statement as is customary for similar due diligence examinations; provided, however, that any information -------- ------- that is designated in writing by the Company, in good faith, as confidential at the time of delivery of such information shall be kept confidential by the Holders or any such Underwriter, attorney, accountant or agent, unless disclosure thereof is made in connection with a transfer agent court, administrative or regulatory proceeding or required by law, or such information has become available to the public generally through the Company or through a third party without an accompanying obligation of confidentiality;
(iii) deliver a letter, addressed to the selling Holders and registrar for the Common Stock.Underwriters, if any, in whic
Appears in 1 contract
Sources: Registration Agreement (Gap Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Investor's assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Investor of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus Prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;.
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders Investors as required by Section 4(c3(c) and reflect in such documents all such comments as the Holders Investors (and their counsel) reasonably may propose; propose respecting the Selling Shareholders and Plan of Distribution sections (or equivalents) and (ii) furnish to each of the Holders Investor such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders such Investor may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soInvestor;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders Investor shall reasonably request (subject to the limitations set forth in Section 4(c3(d) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder each Investor to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities securities owned by such HolderInvestor, except that the Company shall not for any such purpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration StatementPrincipal Market, if the listing of such Registrable Securities is then permitted under the rules of such marketsPrincipal Market;
(e) notify the Holders each Investor at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders Investor who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission recession or removal of such stop order or other suspension;
(g) cooperate with the Holders Investors to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Investors reasonably may request and registered in such names as any of the Holders Investor may request; and, within three Trading Days business days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the HoldersInvestors) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Investors of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus Prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus Prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Sources: Registration Rights Agreement (Avtel Communications Inc/De)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities ActIn connection with its obligations hereunder, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementshall:
(a) prepare and file with the Commission, on or prior to the Filing Date, a Registration Statement on Form S-3 (iof if the Company is not then eligible to register for resale the Registrable Securities on Form S-3 such registration shall be on another appropriate form in accordance herewith and the Securities Act and the rules promulgated thereunder) in accordance with the plan of distribution as set forth on Exhibit A hereto and in accordance with applicable law, and cause the Registration Statement to become effective and remain effective as provided herein;
(b) prepare and file with the Commission such amendments and supplements to the a Registration Statement and the prospectus Prospectus used in connection therewith as may be necessary to keep such the Registration Statement effective for the Effectiveness Period and as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by the Registration Statement;
(c) if a Prospectus supplement will be used in connection with the marketing of an underwritten offering and the managing underwriter at any time shall notify the Company in writing that, in the sole judgment of such managing underwriter, inclusion of detailed information to be used in such Prospectus supplement is of material importance to the success of the underwritten offering of such Registrable Securities, the Company shall use its commercially reasonable efforts to include such information in such Prospectus supplement;
(d) furnish to each Holder (i) as far in advance as reasonably practicable before filing a Registration Statement or any other registration statement contemplated by this Agreement or any supplement or amendment thereto, upon request, copies of reasonably complete drafts of all such documents proposed to be filed (including exhibits to the extent then required by the rules and regulations of the Commission), and provide each such Holder the opportunity to object to any information pertaining to such Holder and its plan of distribution that is contained therein and make the corrections reasonably requested by such Holder with respect to such information prior to filing a Registration Statement or such other registration statement or supplement or amendment thereto, and (ii) such number of copies of the Registration Statement or such other registration statement and the Prospectus included therein and any supplements and amendments thereto as such Holder may reasonably request in order to facilitate the public sale or other disposition of all the Registrable Securities covered by such Registration Statement whenever or other registration statement;
(e) if applicable, use its commercially reasonable efforts to register or qualify the Registrable Securities covered by the Registration Statement or any other registration statement contemplated by this Agreement under the securities or blue sky laws of such jurisdictions as the Holder shall desire reasonably request; provided, however, that the Company will not be required to sell qualify generally to transact business in any jurisdiction where it is not then required to so qualify or otherwise dispose to take any action which would subject it to general service of the same process in any such jurisdiction where it is not then so subject;
(including prospectus supplements with respect f) promptly notify each Holder at any time when a Prospectus relating thereto is required to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated be delivered under the Securities Act, of the filing of a Registration Statement or any other registration statement contemplated by this Agreement or any Prospectus or Prospectus supplement to be used in connection therewith, or any amendment or supplement thereto, and, with respect to such Registration Statement or any other registration statement or any post-effective amendment thereto, when the same has become effective;
(g) and (ii) take all lawful action such that immediately notify each Holder at any time when a Prospectus relating thereto is required to be delivered under the Securities Act, of (Ai) the happening of any event as a result of which the Prospectus or Prospectus supplement contained in the Registration Statement and any amendment thereto does notas then in effect, when it becomes effective, contain includes an untrue statement of a material fact or omit omits to state a any material fact required to be stated therein or necessary to make the statements therein, therein not misleading in the light of the circumstances under which they were made, not misleading and then existing; (Bii) the prospectus forming part issuance or threat of issuance by the Commission of any stop order suspending the effectiveness of the Registration StatementStatement or the initiation of any proceedings for that purpose; (iii) any request by the Commission or any other federal or state governmental authority for amendments or supplements to the Registration Statement or Prospectus or for additional information; or (iv) the receipt by the Company of any notification with respect to the suspension of the qualification of any Registrable Securities for sale under the applicable securities or blue sky laws of any jurisdiction. Following the provision of such notice, and any amendment the Company agrees to as promptly as practicable amend or supplement thereto, the Prospectus or Prospectus supplement or take other appropriate action so that the Prospectus or Prospectus supplement does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existingexisting and to take such other action as is necessary to remove a stop order, suspension, threat thereof or proceedings related thereto;
(h) otherwise use its commercially reasonable efforts to comply with all applicable rules and regulations of the Commission, and make available to its security holders, as soon as reasonably practicable, an earnings statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 promulgated thereunder;
(i) cause all such Registrable Securities registered pursuant to this Agreement to be listed on each securities exchange or nationally recognized quotation system on which similar securities issued by the Company shall prepare are then listed;
(j) provide a transfer agent and file a curative amendment under Section 6(aregistrar for all Registrable Securities covered by such registration statement not later than the effective date of such registration statement;
(k) enter into customary agreements and take such other actions as quickly as are reasonably possible and during requested by the Holder, if any, in order to expedite or facilitate the disposition of such periodRegistrable Securities; and
(l) Notwithstanding anything to the contrary contained herein, the Holders Company may, upon written notice to any Holder whose Registrable Securities are included in a Registration Statement, suspend such Holder’s use of any Prospectus which is a part of the Registration Statement (in which event the Holder shall not make any discontinue sales of the Registrable Securities pursuant to the Registration Statement;
), for a period not to exceed an aggregate of 90 days in any 365-day period, if (fi) after becoming aware the Company is pursuing a material acquisition, merger, reorganization, disposition or other similar transaction and the Company determines in good faith that its ability to pursue or consummate such a transaction would be materially adversely affected by any required disclosure of such transaction in such Registration Statement; (ii) the Company has experienced some other material non-public event, notify each the disclosure of the Holders who holds Registrable Securities being sold (orwhich at such time, in the event of an underwritten offering, the managing underwriters) good faith judgment of the issuance by Company, would materially adversely affect the Commission of any stop order Company; or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(giii) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company is required to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in file a prospectus supplement or post-effective amendment to the Registration Statement to incorporate the Company’s quarterly and annual reports and audited financial statements on Forms 10-QSB and 10-KSB. Upon disclosure of such information as or the managers reasonably agree should be included therein and to which termination of the condition described above, the Company does not reasonably object shall provide prompt written notice to the Holders whose Registrable Securities are included in the Registration Statement, and make shall promptly terminate any suspension of sales it has put into effect and shall take such other actions to permit registered sales of Registrable Securities as contemplated in this Agreement. Each Holder, upon receipt of notice from the Company of the happening of any event of the kind described in subsection (g) of this Section 3, shall forthwith discontinue disposition of the Registrable Securities until such Holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by subsection (g) of this Section 3 or until it is advised in writing by the Company that the use of the Prospectus may be resumed, and has received copies of any additional or supplemental filings incorporated by reference in the Prospectus, and, if so directed by the Company, such Holder will deliver to the Company (at the Company’s expense) all required filings copies in their possession or control, other than permanent file copies then in such Holder’s possession, of the Prospectus covering such Registrable Securities current at the time of receipt of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stocknotice.
Appears in 1 contract
Sources: Registration Rights Agreement (Ricks Cabaret International Inc)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith Prospectus as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration StatementProspectus, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus Prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and reflect in such documents all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus the Prospectus including a preliminary prospectus or any amendment or supplement to any prospectusProspectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSecurities;
(c) register and qualify comply with New York blue sky laws with respect to the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(g) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderSecurities;
(d) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or the Nasdaq Stock Market;
(e) notify the Holders Purchaser at any time when a prospectus the Prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration StatementProspectus, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementcommercially possible;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Purchaser (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders Purchaser to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Purchaser reasonably may request and registered in such names as any of the Holders Purchaser may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver pursuant to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;Purchase Agreement.
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus Prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus Prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Registration Procedures. If and whenever In the case of any registration effected by the Company is required by any of the provisions of pursuant to this Agreement to effect the registration of any of the Registrable Securities under the Securities ActSection 6.1, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statementwill use all commercially reasonable efforts:
(aI) (i) to respond promptly to any comments of the SEC relating to the Registration Statement, and to prepare and file with the Commission SEC such amendments (including post-effective amendments) and supplements to the Registration Statement and the prospectus used in connection therewith with the Registration Statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by the Registration Statement;
(II) to furnish such number of Registration Statement whenever Statements and other documents incident thereto, including any amendment of the Holder shall desire or supplement to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with any holder of securities covered by the requirements of the Securities Act, and such other documents, as any of the Holders Registration Statement may reasonably request in order to facilitate the public sale or other disposition of all or any of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soShares;
(cIII) register list the class of Company stock in which the Shares are included on the Nasdaq National Market.
(IV) to file the documents required of the Company and qualify the Registrable Securities covered by the Registration Statement under such other securities or otherwise use all commercially reasonable efforts to maintain requisite blue sky laws of such clearance in (A) all U.S. jurisdictions as in which any of the Holders Shares are originally sold and (B) all other states specified in writing by Purchaser; provided, however, that, as to clause (B), the Company shall reasonably request not be required to -------- -------- qualify to do business in any state in which it is not now so qualified or has not so consented except as may be required by the Securities Act; and
(subject V) to keep Purchaser advised in writing as to the limitations set forth in Section 4(c) above)filing and completion of each registration, qualification and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;compliance.
(dVI) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders to advise Purchaser promptly at any time when a the prospectus relating thereto covered by (including any supplements thereto) contained in the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, effect under this Section 6.1 includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statement;
(f) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the Common Stock.
Appears in 1 contract
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such such\ amendments and supplements to the Registration Statement and the prospectus used in connection therewith Prospectus as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration StatementProspectus, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus the Prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and reflect in such documents all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus the Prospectus including a preliminary prospectus or any amendment or supplement to any prospectusthe Prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSecurities;
(c) register and qualify comply with applicable blue sky laws with respect to the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(g) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by Securities, except that the Company shall not for any such Holderpurpose be required to qualify to do business as a foreign corporation in any jurisdiction wherein it is not so qualified or to file therein any general consent to service of process;
(d) list such Registrable Securities on the markets where principal market or trading system and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or market;
(e) notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement Prospectus is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration StatementProspectus, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment or curative supplement under Section 6(a5(a) as quickly as reasonably possible and during such period, the Holders period beginning on the date of notice until the curative amendment is effective or a curative supplement is filed shall not make any sales of Registrable Securities pursuant to be deemed a Suspension Period and the Registration StatementCompany shall compensate the Purchaser as set forth in Section 3(j) herein;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Purchaser (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus Prospectus which are customary for issuers to perform under the circumstances;
(ih) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(ji) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Registration Procedures. If and whenever the Company Cognigen is required by any of the provisions of this Agreement to effect the registration of any of the Cognigen Registrable Securities under the Securities Act, the Company Cognigen shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ ' assistance and cooperation as reasonably required with respect to each Registration Statementregistration statement:
(a) (i) prepare and file with the Commission SEC such amendments and supplements to the Registration Statement registration statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Cognigen Registrable Securities covered by such Registration Statement registration statement whenever any of the Holder holder of Cognigen Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Cognigen Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement registration statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statementregistration statement, and any amendment or supplement thereto, does not at any time during the Registration Period while effective include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ib) prior to the filing with the Commission SEC of any Registration Statement registration statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Cognigen Registrable Securities owned by such Holderholder; and (iii) provide to the Holders holders copies of any comments and communications from the Commission SEC relating to the Registration Statementregistration statement, if lawful to do so;
(c) register and qualify the Cognigen Registrable Securities covered by the Registration Statement registration statement under such other securities or blue sky laws of such jurisdictions as any of the Holders holders of Cognigen Registrable Securities shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Cognigen Registrable Securities owned by such Holderholder;
(d) list such the Cognigen Registrable Securities on the markets where the Common Stock of the Company Cognigen is listed as of the effective date of the Registration Statementregistration statement, if the listing of such Cognigen Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement registration statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statementregistration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company Cognigen shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders holders shall not make any sales of Cognigen Registrable Securities pursuant to the Registration Statementregistration statement;
(f) after becoming aware of such event, notify each of the Holders who holds Cognigen Registrable Securities being sold (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission SEC of any stop order or other suspension of the effectiveness of the Registration Statement registration statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders holders to facilitate the timely preparation and delivery of certificates for the Cognigen Registrable Securities to be offered pursuant to the Registration Statement registration statement and enable such certificates for the Cognigen Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders holders reasonably may request and registered in such names as any of the Holders holders may request; and, within three Trading Days business days after a Registration Statement registration statement which includes Cognigen Registrable Securities is declared effective by the CommissionSEC, deliver and cause legal counsel selected by the Company Cognigen to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Cognigen Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(ji) maintain a transfer agent and registrar for the Common Stock.
Appears in 1 contract
Registration Procedures. If and whenever the Company is Whenever required by any of the provisions of this Agreement under Section 2(a) above to effect the registration of any of the Registrable Securities under Shares, Capital shall, in addition to the Securities Act, the Company shall (except as otherwise provided requirements set forth in this Agreement), Section 2(a) and as expeditiously as reasonably possible, subject to the Holders’ assistance and cooperation as reasonably required with respect to each Registration Statement:
(a) (i) prepare Prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith Prospectus as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities Shares covered by such Registration Statement whenever any of the Holder shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement; provided, and however, that a reasonable time before filing any Registration Statement or Prospectus or amendment or supplement thereto, does Capital shall furnish to counsel for FinWest copies of all such documents proposed to be filed, which documents shall be subject to the review and comment of such counsel, and Capital shall not at file any time during such document (other than exhibits to the Registration Period include an untrue statement of a material fact or omit Statement) unless the document is in form and substance reasonably satisfactory to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleadingFinWest and its counsel;
(ib) prior Furnish to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in FinWest such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers number of copies of a prospectus the Registration Statement and the Prospectus, including a the preliminary prospectus or any amendment or supplement to any prospectus, as applicableProspectus and final Prospectus, in conformity with the requirements of the Securities Act, and such other documents, documents as any of the Holders FinWest may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soShares;
(c) Use its best efforts to register and qualify the Registrable Securities Shares covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as shall be reasonably requested by FinWest; provided that Capital shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary such states or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holderjurisdictions;
(d) list such Registrable Securities on In the markets where event that FinWest elects to sell the Common Stock Shares through an underwritten offering, enter into and perform Capital's obligations under an underwriting agreement, in usual and customary form, with the underwriters of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such marketsoffering;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, Notify FinWest of the happening of any event of which it has knowledge as a result of which the prospectus Prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and at the Company shall request of FinWest prepare a supplement or amendment to the Prospectus so that, as thereafter delivered to purchasers of the Shares, such Prospectus will not contain any untrue statement of a material fact or omit to state any fact necessary to make the statements therein not misleading;
(f) Cause all of the Shares to be listed on each securities exchange on which similar securities issued by Capital are then listed or include the Shares in the Nasdaq Small Cap Market or any similar system of automated dissemination of quotations of securities then used by Capital for similar securities;
(g) Provide a transfer agent and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, registrar for all of the Holders shall Shares not make any sales later than the effective date of Registrable Securities pursuant to the Registration Statement;
(fh) after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold (or, Make available for inspection by FinWest or any underwriter participating in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered disposition pursuant to the Registration Statement and enable any attorney, accountant or agent retained by FinWest or such certificates for the Registrable Securities to be in underwriter, all books and records of Capital reasonably requested by any such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders of their Registrable Securities in accordance with the intended methods therefor provided in the prospectus which are customary for issuers to perform under the circumstancesPerson;
(i) Furnish, at the request of FinWest, on the date that the Shares are delivered to the underwriters for sale in connection with a registration, if the event of an underwritten offeringShares are being sold through underwriters, promptly include or incorporate in a prospectus supplement or post-effective amendment to or, if the Shares are not being sold through underwriters, on the date that the Registration Statement with respect to the Shares becomes effective, (a) an opinion, dated such information date, of counsel representing Capital for the purposes of the registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the managers reasonably agree should be included therein underwriters, if any, and to which FinWest, and (b) a letter dated such date, from the Company does not reasonably object independent certified public accountants of Capital, in form and make all required filings of such prospectus supplement or post-effective amendment substance as soon as practicable after it is notified of customarily given by independent certified public accountants to underwriters in an underwritten public offering, addressed to the matters underwriters, if any, and to be included or incorporated in such prospectus supplement or post-effective amendmentFinWest; and
(j) maintain a transfer agent and registrar for Take all other actions as FinWest or the Common Stockunderwriters, if any, reasonably request in order to expedite or facilitate the disposition of the Shares.
Appears in 1 contract
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser’s assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith Prospectus as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration StatementProspectus, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus the Prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and reflect in such documents all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus the Prospectus including a preliminary prospectus or any amendment or supplement to any prospectusthe Prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSecurities;
(c) register comply with the California, New York, New Jersey, Florida, and qualify Illinois blue sky laws with respect to the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(g) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderSecurities;
(d) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or the Principal Market;
(e) notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement Prospectus is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration StatementProspectus, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a5(a) as quickly as reasonably commercially possible and such period during such period, which the Holders Purchaser is precluded from making sales under the Prospectus shall not make any sales of Registrable Securities pursuant to be a Suspension Period and the Registration StatementCompany shall compensate the Purchaser as set forth in Section 3(j) herein;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Purchaser (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders Purchaser to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders Purchaser reasonably may request and registered in such names as any of the Holders Purchaser may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver pursuant to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;Purchase Agreement.
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus Prospectus which are customary for issuers to perform under the circumstances;
(i) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(j) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Sources: Registration Rights Agreement (Dna Precious Metals Inc.)
Registration Procedures. If and whenever the Company is required by any of the provisions of this Agreement to effect the registration of any of the Registrable Securities under the Securities Act, the Company shall (except as otherwise provided in this Agreement), as expeditiously as possible, subject to the Holders’ Purchaser's assistance and cooperation as reasonably required with respect to each Registration Statementrequired:
(a) (i) prepare and file with the Commission such amendments and supplements to the Registration Statement and the prospectus used in connection therewith Prospectus as may be necessary to keep such Registration Statement registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement registration statement whenever any the Purchaser of the Holder such Registrable Securities shall desire to sell or otherwise dispose of the same (including prospectus supplements with respect to the sales of Registrable Securities securities from time to time in connection with a registration statement pursuant to Rule 415 promulgated under the Securities Act) and (ii) take all lawful action such that each of (A) the Registration Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, therein not misleading and (B) the prospectus forming part of the Registration StatementProspectus, and any amendment or supplement thereto, does not at any time during the Registration Effectiveness Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(ib) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus the Prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) Purchaser and reflect in such documents shall give reasonable consideration to all such comments as the Holders Purchaser (and their its counsel) reasonably may propose; propose and (ii) furnish to each of the Holders Purchaser such numbers of copies of a prospectus the Prospectus including a preliminary prospectus or any amendment or supplement to any prospectusthe Prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders Purchaser may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do soSecurities;
(c) register and qualify comply with the New York blue sky laws with respect to the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c3(g) above), and do any and all other acts and things which may be reasonably necessary or advisable to enable such Holder the Purchaser to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such HolderSecurities;
(d) list such Registrable Securities on the markets where Principal Market, and any other exchange on which the Common Stock of the Company is listed as of the effective date of the Registration Statementthen listed, if the listing of such Registrable Securities is then permitted under the rules of such marketsexchange or the Principal Market;
(e) notify the Holders Purchaser at any time when a prospectus relating thereto covered by the Registration Statement Prospectus is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration StatementProspectus, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment or curative supplement under Section 6(a5(a) as quickly as reasonably commercially possible and during such period, the Holders shall not make any sales period beginning on the date of Registrable Securities pursuant notice until the curative amendment is effective or curative supplement is provided to the Registration StatementPurchaser shall be deemed a Suspension Period and the Company shall compensate the Purchaser as set forth in Section 3(j) herein;
(f) as promptly as practicable after becoming aware of such event, notify each of the Holders who holds Registrable Securities being sold Purchaser (or, in the event of an underwritten offering, the managing underwriters) of the issuance by the Commission or any state authority of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspension;
(g) cooperate with the Holders to facilitate the timely preparation and delivery of certificates for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any of the Holders reasonably may request and registered in such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessary, an opinion of such counsel;
(h) take all such other lawful actions reasonably necessary to expedite and facilitate the disposition by the Holders Purchaser of their its Registrable Securities in accordance with the intended methods therefor provided in the prospectus Prospectus which are customary for issuers to perform under the circumstances;
(ih) in the event of an underwritten offering, promptly include or incorporate in a prospectus supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters reasonably agree should be included therein and to which the Company does not reasonably object and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after it is notified of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and
(ji) maintain a transfer agent and registrar for the its Common Stock.
Appears in 1 contract
Registration Procedures. If In connection with the Company's obligations to effect a registration pursuant to Sections 4.2 and whenever 4.3 (but subject to the last sentence of Section 4.3.2(d) and PROVIDED that any time periods set forth in this Section 4.5 regarding effective periods and the like shall apply only in the event of a Demand Registration), the Company will as expeditiously as is required by any reasonably practicable:
(i) prepare and file with the Commission as soon as practicable (in the case of a Demand Registration) a registration statement with respect to such Registrable Shares, on a form available for the provisions of this Agreement to effect the registration of any sale of the Registrable Securities under Shares by the Securities ActHolders thereof in accordance with the intended method or methods of distribution thereof and use its commercially reasonable efforts to cause each such registration statement to become and remain effective; PROVIDED, HOWEVER, that before filing a registration statement or prospectus or any amendments or supplements thereto (including documents that would be incorporated or deemed to be incorporated therein by reference) and, whether or not filed pursuant to Section 4.2 or 4.3, the Company shall (except as otherwise provided in this Agreement)will furnish to the Holders of the Registrable Shares covered by such registration statement and the underwriters, as expeditiously as possibleif any, and any attorney, accountant or other agent retained by the Holders of Registrable Shares covered by such registration statement, copies of all such documents proposed to be filed, which documents will be subject to the review and comment of such Holders’ assistance , such counsel and cooperation as underwriters, if any. The Company will not file any registration statement or any amendment thereto or any prospectus or any supplement thereto in connection with a Demand Registration pursuant to Section 4.2 (including such documents incorporated by reference and proposed to be filed after the initial filing of the registration statement) to which the Holders of a majority of the Registrable Shares covered by such registration statement or the underwriters, if any, shall reasonably required with respect to each Registration Statement:and timely object;
(a) (iii) prepare and file with the Commission such amendments and post-effective amendments to such registration statement and such supplements to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement registration statement effective (to the extent otherwise required by this Agreement) and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all Registrable Securities securities covered by such Registration Statement whenever any registration statement until such time as all of such securities have been disposed of in accordance with the intended methods of disposition by the seller or sellers thereof set forth in such registration statement or the expiration of the Demand Period (in the case of a Demand Registration), whichever occurs earlier; PROVIDED, HOWEVER, that the only remedy for any failure to keep the registration statement so effective shall be as set forth in Section 4.2.2 and, PROVIDED, FURTHER, that the Company will have no obligation to a Selling Holder shall desire participating on a "piggyback" basis in a registration statement that has become effective to sell keep such registration statement effective for a period beyond 120 days from the effective date of such registration statement;
(iii) cooperate and assist in any filings required to be made with the National Association of Securities Dealers, Inc. (the "NASD");
(iv) notify each Selling Holder and the managing underwriter, if any, promptly (and in any event within three (3) business days): (A) when the prospectus or otherwise dispose of the same (including any prospectus supplements supplement or post-effective amendment has been filed, and, with respect to the sales registration statement or any post-effective amendment, when the same has become effective; (B) of Registrable Securities from any request by the Commission or any other federal or state governmental authority for any amendments or supplements to the registration statement or the prospectus or for additional information; (C) of the issuance by the Commission of any stop order suspending the effectiveness of the registration statement or the initiation of any proceedings for that purpose; (D) if, at any time prior to time the closing contemplated by an underwriting agreement or such other agreement entered into in connection with such registration statement, the representations and warranties of the Company contained in such agreement cease to be true and correct; (E) of the receipt by the Company of any notification with respect to the suspension of the qualification of the Registrable Shares for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; (F) of the happening of any event that makes any statement made in the registration statement, the prospectus or any document incorporated or deemed to be incorporated therein by reference untrue or that requires the making of any changes in the registration statement, the prospectus or any document incorporated therein by reference in order to make the statements therein not misleading; and (G) of the Company's reasonable determination that a post-effective amendment to a registration statement pursuant would be required;
(v) make commercially reasonable efforts to Rule 415 promulgated under prevent the Securities Actissuance of any order suspending the effectiveness of the registration statement or of any order preventing or suspending the use of a prospectus or suspending the qualification of any of the Registrable Shares included therein for sale in any jurisdiction (subject to the proviso at the end of the first paragraph of Section 4.4), and, in the event of the issuance of any stop order suspending the effectiveness of the registration statement, or of any order suspending or preventing the use of any related prospectus or suspending the qualification of any Registrable Shares included in such registration statement for sale in any jurisdiction (subject to the proviso at the end of the first paragraph of Section 4.4), the Company will use its best efforts to promptly obtain the withdrawal of any such order;
(vi) furnish to each Selling Holder and (ii) take all lawful action such that each the managing underwriters, if any, without any additional charge, one signed copy of (A) the Registration Statement registration statement and any post-effective amendment thereto does notthereto, when it becomes effectiveincluding financial statements and schedules, all documents incorporated therein by reference and all exhibits (including those incorporated by reference);
(vii) as promptly as reasonably practicable, if required, based on the advice of the Company's counsel or upon the occurrence of any event contemplated by Section 4.5(iv)(F), prepare and file a supplement or post-effective amendment to the registration statement, the related prospectus or any document incorporated therein by reference or file any other required document so that, as thereafter delivered to the purchasers of the Registrable Shares, the prospectus will not contain an untrue statement of a material fact or omit to state a any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (B) the prospectus forming part of the Registration Statement, and any amendment or supplement thereto, does not at any time during the Registration Period include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;
(i) prior to the filing with the Commission of any Registration Statement (including any amendments thereto) and the distribution or delivery of any prospectus (including any supplements thereto), provide draft copies thereof to the Holders as required by Section 4(c) and reflect in such documents all such comments as the Holders (and their counsel) reasonably may propose; (ii) furnish to each of the Holders such numbers of copies of a prospectus including a preliminary prospectus or any amendment or supplement to any prospectus, as applicable, in conformity with the requirements of the Securities Act, and such other documents, as any of the Holders may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holder; and (iii) provide to the Holders copies of any comments and communications from the Commission relating to the Registration Statement, if lawful to do so;
(c) register and qualify the Registrable Securities covered by the Registration Statement under such other securities or blue sky laws of such jurisdictions as any of the Holders shall reasonably request (subject to the limitations set forth in Section 4(c) above), and do any and all other acts and things which may be necessary or advisable to enable such Holder to consummate the public sale or other disposition in such jurisdiction of the Registrable Securities owned by such Holder;
(d) list such Registrable Securities on the markets where the Common Stock of the Company is listed as of the effective date of the Registration Statement, if the listing of such Registrable Securities is then permitted under the rules of such markets;
(e) notify the Holders at any time when a prospectus relating thereto covered by the Registration Statement is required to be delivered under the Securities Act, of the happening of any event of which it has knowledge as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and the Company shall prepare and file a curative amendment under Section 6(a) as quickly as reasonably possible and during such period, the Holders shall not make any sales of Registrable Securities pursuant to the Registration Statementmisleading;
(fviii) cause all Registrable Shares covered by the registration statement to be listed on each securities exchange on which identical securities issued by the Company are then listed if requested by the Selling Holders holding a majority of the Registrable Shares covered by the registration statement or the managing underwriters, if any;
(ix) provide and cause to be maintained a transfer agent and registrar for all Registrable Shares covered by such registration statement from and after becoming aware a date not later than the effective date of such eventregistration statement;
(x) use its best efforts to provide a CUSIP number for the Registrable Shares, notify each not later than the effective date of the registration statement;
(xi) use its best efforts to (A) obtain opinions of counsel to the Company (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the managing underwriters, if any, and not objected to by the Holders who holds of a majority of the Registrable Securities Shares being sold sold), and updates thereof addressed to the Selling Holders, covering the matters customarily covered in opinions requested in underwritten offerings and such other matters as may be reasonably requested by the underwriters, if any; and (B) obtain "cold comfort" letters and updates thereof (which letters and updates (in form, scope and substance) shall be reasonably satisfactory to the managing underwriters, if any, and counsel to the Holders of a majority of the Registrable Shares being sold) from the Company's independent certified public accountants addressed to such Selling Holders (and, if necessary, any other independent certified public accountants of any subsidiary of the Company or of any business acquired by the Company for which financial statements and financial data are, or are required to be, included in the registration statement), such letters to be in customary form and covering matters of the type customarily covered in "cold comfort" letters by accountants in connection with underwritten offerings and such other matters as the underwriters, if any, or the Holders of a majority of the Registrable Shares being sold, reasonably request. The above shall be done at each closing under such underwriting or similar agreement or as and to the extent required thereunder or, in the event of if not an underwritten offering, as otherwise reasonably requested by the managing underwriters) Holders of a majority of the issuance by the Commission of any stop order or other suspension of the effectiveness of the Registration Statement at the earliest possible time and take all lawful action to effect the withdrawal, rescission or removal of such stop order or other suspensionRegistrable Shares being sold;
(gxii) cooperate with the Holders to facilitate the timely preparation and delivery of certificates make available for the Registrable Securities to be offered pursuant to the Registration Statement and enable such certificates for the Registrable Securities to be in such denominations or amounts, as the case may be, as any inspection by a representative of the Selling Holders reasonably may request and registered in any attorneys or accountants retained by such names as any of the Holders may request; and, within three Trading Days after a Registration Statement which includes Registrable Securities is declared effective by the Commission, deliver and cause legal counsel selected by the Company to deliver to the transfer agent for the Registrable Securities (with copies to the Holders) an appropriate instruction and, to the extent necessaryreasonably requested, an opinion furnish copies), in connection with the preparation of a registration statement pursuant to this Agreement, all financial and other records and pertinent corporate documents and properties of the Company, and cause the Company's officers, directors and employees to supply all information reasonably requested by any such representative(s), attorney(s) or accountant(s) in connection with such registration; PROVIDED, HOWEVER, that any records, information or documents that are designated by the Company in writing as confidential shall be kept confidential by such persons unless disclosure of such counselrecords, information or documents is required by court or administrative order or under applicable law; and PROVIDED, FURTHER, that appropriate arrangements are made, to the extent required by applicable antitrust law, to limit access to such information of the Company to representatives of the Holders who are not officers or employees of the Selling Holders; and PROVIDED, FURTHER, that, without limiting the foregoing, no such information shall be used by any such Person in connection with any market transactions in securities of the Company or its subsidiaries in violation of law;
(hxiii) enter into such agreements reasonably requested (including, as applicable, an underwriting agreement in form, scope and substance as is customary in underwritten secondary offerings and is reasonably satisfactory to the Company) and take all such other lawful customary and reasonable actions reasonably necessary in connection therewith (including those requested by the managing underwriters) in order to expedite and or facilitate the disposition of the Registrable Shares, and in such connection, whether or not an underwriting agreement is entered into and whether or not the registration is an underwritten registration:
(a) make such representations and warranties to the Holders of such Registrable Shares included in the registration statement and the underwriters, if any, with respect to the business of the Company and the registration statement, prospectus and documents, if any, incorporated or deemed to be incorporated by reference therein, in each case, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings and confirm the same, if and when reasonably requested; and
(b) deliver such documents and certificates as may be reasonably requested by the Holders of their a majority of the Registrable Securities in accordance with the intended methods therefor provided Shares being included in the prospectus which are customary for issuers registration statement and managing underwriters, if any, to perform under the circumstances;
evidence compliance with clause (ia) above and with any provisions contained in the event of underwriting agreement or other similar agreement entered into by the Company. The above shall be done at each closing under such underwriting or similar agreement or as and, if not an underwritten offering, to the extent otherwise reasonably requested by the Holders of a majority of the Registrable Shares being sold pursuant to the registration statement;
(A) if so required by the managing underwriter in an underwritten offering affording Holders of Registrable Shares registration rights pursuant to Section 4.2 or 4.3, not publicly or privately sell, make any short sale of, loan, grant any option, effect any public sale or distribution of or otherwise dispose of its equity securities or securities convertible into or exchangeable or exercisable for any of such securities during the ten (10) days prior to, and the ninety (90) days after, any underwritten registration pursuant hereto has become effective, except as part of such underwritten registration and except pursuant to any exchange offer or registrations on Form S-4 or S-8 or any successor or similar forms thereto, except that the Company may make grants of options under its stock option plans and may issue securities issuable upon the exercise or conversion of outstanding convertible securities, stock options and other options, warrants and rights of the Company and (B) if requested, use reasonable efforts to cause each holder of ten percent (10%) or more of the securities of the same class as the securities included in any underwritten registration pursuant to Section 4.2, or any securities convertible into or exchangeable or exercisable for such securities, in each case purchased from the Company at any time after the date of this Agreement (other than in a registered public offering) to agree not to effect any public or private sale or distribution or otherwise dispose (including sales pursuant to Rule 144) of any such securities during the ten (10) days prior to, and the ninety (90) days after, any underwritten registration pursuant hereto has become effective (except as part of such underwritten registration, if otherwise permitted), unless the underwriters managing the registered public offering otherwise agree;
(xv) if requested, furnish each Selling Holder with a copy (or a reasonable number of copies, as requested) of the registration statement (together with the Exhibits thereto) and each amendment thereto prior to the filing thereof with the Commission;
(xvi) if requested by the managing underwriters, if any, or a Holder of Registrable Shares being sold, promptly include or incorporate in a prospectus prospectus, supplement or post-effective amendment to the Registration Statement such information as the managers managing underwriters, if any, and the Holders of the Registrable Shares being sold reasonably agree should request to be included therein relating to the sale of the Registrable Shares, including, without limitation, information with respect to the number of Registrable Shares being sold to underwriters, the purchase price being paid therefor by such underwriters and with respect to which any other terms of the Company does not reasonably object underwritten offering of the Registrable Shares to be sold in such offering; and make all required filings of such prospectus prospectus, supplement or post-effective amendment as soon as practicable after it is notified promptly following notification of the matters to be included or incorporated in such prospectus supplement or post-effective amendment; and;
(jxvii) maintain upon the occurrence of any event that would cause a transfer agent shelf registration statement (A) to contain a material misstatement or omission or (B) to be not effective and registrar usable for resale of Registrable Shares during the Common Stock.Demand Period, the Company shall promptly file an amendment to such shelf registration statement, in the case of clause (A), correcting any such misstatement or omission and, in the case of either clause (A) or (B), use its commercially reasonable efforts to cause such amendment to be declared effective and such shelf registration statement to become usable as soon as reasonably practicable thereafter;
(xviii) otherwise use its best efforts to (A) comply with all applicable rules and regulations of the Commission and to take all other steps reasonably necessary to effect the registration of the Registrable Shares covered by the registration statement contemplated hereby, an
Appears in 1 contract
Sources: Stockholders Agreement (Veterinary Centers of America Inc)