Common use of SECOND REGISTRATION Clause in Contracts

SECOND REGISTRATION. With respect to each debenture issued by CRC to Low, the second request by Low that stock in CRC be registered with the SEC shall be accomplished at the expense of CRC, with Low to reimburse CRC for one-half of such expense, up to a maximum reimbursement of forty-thousand dollars ($40,000.00), with the balance of expenses which exceed such amount to be paid in full by CRC;