Common use of State Registrations Clause in Contracts

State Registrations. At the written request of the Funding Party who is the registered holder of the Registerable Securities, MBSI shall file a registration statement with one state in which the Funding Party intends to sell the Registerable Securities, provided that such filing can be made without unreasonable expense to MBSI and without materially affecting the Registration Statement filed with the SEC. MBSI shall cooperate with the Funding Party in the filing of the Registration Statement in one or more additional states, provided that the Funding Party shall reimburse MBSI for its time, effort, and costs reasonably associated with such filings.