Common use of Suspension of Effectiveness Clause in Contracts

Suspension of Effectiveness. The Company's obligations under Section 4(a) above shall not restrict its ability to suspend the effectiveness of, or direct the Holders not to offer or sell securities under, any Registration Statement, at any time, for such reasonable period of time which the Company believes is necessary to prevent the premature disclosure of any events or information having a material effect on the Company. In addition, the Company shall not be required to keep any Registration Statement effective, or may, without suspending such effectiveness, instruct the Holders not to sell such securities, during any period during which the Company is instructed, directed, ordered or otherwise requested by any governmental agency or self-regulatory organization to stop or suspend such trading or sales.

Appears in 2 contracts

Samples: Subscription Agreement (Acacia Research Corp), Subscription Agreement (Acacia Research Corp)

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Suspension of Effectiveness. The Company's ’s obligations under Section 4(a) above this Section 5 shall not restrict its ability to suspend the effectiveness of, or direct the Holders Purchaser not to offer or sell securities under, any Registration Statement, at any time, for such reasonable period of time which the Company believes is necessary to prevent the premature disclosure of any events or information having a material effect on the Company. In addition, the Company shall not be required to keep any Registration Statement effective, or may, without suspending such effectiveness, instruct the Holders Purchaser not to sell such securities, during any period during which the Company is instructed, directed, ordered or otherwise requested by any governmental agency or self-regulatory organization to stop or suspend such trading or sales.

Appears in 1 contract

Samples: Common Stock Subscription Agreement (Amerigon Inc)

Suspension of Effectiveness. The Company's obligations under Section 4(a) above this Section 5 shall not restrict its ability to suspend the effectiveness of, or direct the Holders Purchaser not to offer or sell securities under, any Registration Statement, at any time, for such reasonable period of time which the Company believes is necessary to prevent the premature disclosure of any events or information having a material effect on the Company. In addition, the Company shall not be required to keep any Registration Statement effective, or may, without suspending such effectiveness, instruct the Holders Purchaser not to sell such securities, during any period during which the Company is instructed, directed, ordered or otherwise requested by any governmental agency or self-regulatory organization to stop or suspend such trading or sales.

Appears in 1 contract

Samples: Common Stock Subscription Agreement (Amerigon Inc)

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Suspension of Effectiveness. The Company's obligations under Section 4(a) 8.1 above shall not restrict its ability to suspend the effectiveness of, or direct the Holders Subscribers not to offer or sell securities under, any Registration Statement, at any time, for such reasonable period of time which the Company believes is necessary to prevent the premature disclosure of any events or information having a material effect on the Company. In addition, the Company shall not be required to keep any Registration Statement effective, or may, without suspending such effectiveness, instruct the Holders Subscribers not to sell such securities, during any period during which the Company is instructed, directed, ordered or otherwise requested by any governmental agency or self-regulatory organization to stop or suspend such trading or sales.

Appears in 1 contract

Samples: Agreement (NTN Communications Inc)

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