Common use of Suspension of Registration Statement Clause in Contracts

Suspension of Registration Statement. If subsequent to -------------------------------------- any Closing, the Registration Statement is suspended, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) days, the Company shall pay an amount equal to two percent (2 %) of the Purchase Price of all Common Stock held by the Investor, purchased pursuant to this Agreement for each twenty trading day (20) day period or portion thereof; provided, however, that the Company shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 3 contracts

Samples: Credit Agreement (Forefront Inc), Credit Agreement (Forefront Inc), Credit Agreement (Forefront Inc)

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Suspension of Registration Statement. If subsequent to -------------------------------------- any Closing, the Registration Statement is suspended, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) days, the Company shall pay an amount equal to two one and one half percent (2 1 1/2 %) of the Purchase Price of all Common Stock held by the Investor, purchased pursuant to this Agreement for each twenty trading day (20) day period or portion thereof; providedPROVIDED, howeverHOWEVER, that the Company shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 2 contracts

Samples: Credit Agreement (European Micro Holdings Inc), Equity Line of Credit Agreement (Busybox Com Inc)

Suspension of Registration Statement. If subsequent to -------------------------------------- any Closing, the Registration Statement is suspended, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) days, the Company Forefront shall pay an amount equal to two percent (2 %) of the Purchase Price of all Common Stock held by the Investor, purchased pursuant to this Agreement for each twenty trading day (20) day period or portion thereof; provided, however, that the Company Forefront shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 2 contracts

Samples: Equity Line of Credit Agreement (Forefront Inc), Credit Agreement (Forefront Inc)

Suspension of Registration Statement. If subsequent to -------------------------------------- any Advance Closing, the Registration Statement is suspendedsuspended or becomes subject to a stop order, other than due to the acts of the Investor Investors or the Placement Agent, for any period exceeding twenty trading days Trading Days (20) days, the Company shall pay an amount equal to two percent (2 2%) of the Purchase Price of all Common Stock held by the Investor, Investors purchased pursuant to this Agreement for each twenty trading day Trading Day (20) day period or portion thereof; provided, however, that the Company shall not be required to pay such -------- ------- amount to the Investor Investors in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 1 contract

Samples: Credit Agreement (Flexxtech Corp)

Suspension of Registration Statement. If subsequent to -------------------------------------- any --------------------------------------- Advance Closing, the Registration Statement is suspendedsuspended or becomes subject to a stop order, other than due to the acts of the Investor Investors or the Placement Agent, for any period exceeding twenty trading days Trading Days (20) days, the Company shall pay an amount equal to two percent (2 2%) of the Purchase Price of all Common Stock held by the Investor, Investors purchased pursuant to this Agreement for each twenty trading day Trading Day (20) day period or portion thereof; provided, however, that the Company shall not be required to pay such -------- ------- amount to the Investor Investors in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 1 contract

Samples: Equity Line of Credit Agreement Agreement (Flexxtech Corp)

Suspension of Registration Statement. If subsequent to -------------------------------------- any Advance Closing, the Registration Statement is suspendedsuspended or becomes subject to a stop order, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) daysTrading Days, the Company shall pay an amount equal to two percent (2 %) of the Purchase Price of all Common Stock held by the Investor, Investor purchased pursuant to this Agreement for each twenty trading day (20) day Trading Day period or portion thereof; provided, however, that the Company shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 1 contract

Samples: Equity Line of Credit Agreement (Pacel Corp)

Suspension of Registration Statement. If subsequent to -------------------------------------- any Closing, the Registration Statement is suspended, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) days, the Company shall pay an amount equal to one and two percent (2 %) of the Purchase Price of all Common Stock held by the Investor, purchased pursuant to this Agreement for each twenty trading day (20) day period or portion thereof; provided, however, that the Company shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 1 contract

Samples: Credit Agreement (Condor Capital Inc)

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Suspension of Registration Statement. If subsequent to -------------------------------------- any Closing, the Registration Statement is suspended, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) days, the Company shall pay an amount equal to two one and one half percent (2 1/2 %) of the Purchase Price of all Common Stock held by the Investor, purchased pursuant to this Agreement for each twenty trading day (20) day period or portion thereof; provided, however, that the Company shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 1 contract

Samples: Credit Agreement (Pick Ups Plus Inc)

Suspension of Registration Statement. If subsequent to -------------------------------------- any Closing, the Registration Statement is suspended, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) days, the Company shall pay an amount equal to two one and one half percent (2 1/2 %) of the Purchase Price of all Common Stock held by the Investor, purchased pursuant to this Agreement for each twenty trading day (20) day period or portion thereof; providedPROVIDED, howeverHOWEVER, that the Company shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 1 contract

Samples: Credit Agreement (Pick Ups Plus Inc)

Suspension of Registration Statement. If subsequent to -------------------------------------- any Closing, the Registration Statement is suspended, other than due to the acts of the Investor or the Placement Agent, for any period exceeding twenty trading days (20) days, the Company shall pay an amount equal to two percent (2 %) of the Purchase Price of all Common Stock held by the Investor, purchased pursuant to this Agreement for each twenty trading day (20) day period or portion thereof; provided, however, that the Company shall not be required to pay such -------- ------- amount to the Investor in connection with any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post-effective amendment is declared effective by the SEC.

Appears in 1 contract

Samples: Employment Agreement (Return Assured Inc)

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