Registration Provisions. If for any reason the SEC does not permit all of the Shares to be included in the Registration Statement filed pursuant to Section 7.08, or for any other reason any outstanding Shares are not then covered by an effective Registration Statement, then the Parent shall prepare and file within 30 days, an additional Registration Statement covering the resale of all Shares not already covered by an existing and effective Registration Statement for an offering to be made on a continuous basis pursuant to Rule 415, on Form S-1 (or on such other form appropriate for such purpose). The Parent shall cause each such Registration Statement to be declared effective under the Securities Act as soon as possible and shall use its reasonable best efforts to keep such Registration Statement continuously effective for at least 24 months following such time as it is declared effective by the SEC.
Appears in 2 contracts
Sources: Share Exchange Agreement (Las Vegas Resorts Corp), Share Exchange Agreement (MGCC Investment Strategies Inc)