Shelf Sample Clauses
The SHELF clause establishes the right for a party, typically a seller or issuer, to register and offer securities over a period of time without needing to file a separate registration statement for each offering. In practice, this means that once the initial registration is approved, the party can issue securities in multiple tranches or at different times as market conditions permit, streamlining the process and reducing administrative delays. The core function of the SHELF clause is to provide flexibility and efficiency in capital raising, allowing issuers to respond quickly to market opportunities while maintaining regulatory compliance.
Shelf. The Company shall prepare, and, on or prior to the earlier of (i) 90 days after the Closing Date or (ii) the date on which the Company files a Registration Statement with respect to an exchange offer for the Discount Notes, file with the SEC a Shelf Registration Statement covering the resale of the Closing Securities, if any are retained by the Stockholders.
Shelf. Upon the earlier of (i) 45 days from the Closing Date or (ii) promptly after such date following the Closing Date on which the Company shall be eligible to register securities under Form S-3 under the Securities Act, the Company shall prepare and file with the SEC a registration statement on any SEC form available to the Company ("REGISTRATION") covering the Registrable Securities. The offering of such Registrable Securities pursuant to such Registration shall not be in the form of an underwritten offering. The Company will use its best efforts to cause the Registration to become effective as promptly as practicable thereafter. The Company's obligations hereunder shall be subject to and conditioned on each seller of Registrable Securities as to which the Registration is being effected furnishing to the Company, and maintaining, such information regarding matters relating to such shareholder's Registrable Securities as are customary and as the Company may from time to time reasonably request in writing. The Company may include in the Registration securities for its own account or for the account of other third parties (including officers and employees of the Company), in amounts as determined by the Company's Board of Directors.
Shelf