ASR Eligible definition
Examples of ASR Eligible in a sentence
If the Company is requested to file a registration on Form S-3 and the Company is then ASR Eligible, the Company shall use commercially reasonable best efforts to cause the Registration Statement to be an ASRS.
If at any time when the Company is required to re-evaluate its ASR Eligible status or eligibility to use Form F-3 the Company determines that it is not ASR Eligible or eligible to use Form F-3, the Company shall use its commercially reasonable efforts to refile the Transaction Shelf Registration Statement on Form F-3 and, if such form is not available, Form F-1 (or other appropriate form) and keep the Transaction Shelf Registration Statement continuously effective subject to Section 1.3.
If the Company is then ASR Eligible, the Company shall use its commercially reasonable efforts to cause the Registration Statement to be an ASRS containing a Prospectus naming the Shareholder as the selling shareholder and registering the offering and sale of the Registrable Securities by the Shareholder on a delayed or continuous basis pursuant to Rule 415.
The Company shall use its commercially reasonable efforts to continue to be ASR Eligible during the term of this Agreement.
If the Company is then ASR Eligible, the Company shall use its commercially reasonable efforts to cause the Registration Statement to be an ASRS containing a Prospectus naming the Shareholder as the selling shareholder and registering the offering and sale of the Registrable Securities by the Shareholder on a delayed or continuous basis pursuant to Rule 415 (an “ASRS Resale Shelf Registration Statement”).
If the Company is requested to file a registration on Form S-3 and the Company is then ASR Eligible, the Company shall use commercially reasonable efforts to cause the registration statement to be an ASRS.
If the Company is then ASR Eligible, the Company shall use commercially reasonable efforts to cause the Registration Statement to be an ASRS containing a Prospectus naming the Selling Searchlight Parties as selling shareholders.
The Company shall use its commercially reasonable best efforts to continue to be ASR Eligible during the term of this Agreement.
If the Company is then ASR Eligible, the Company shall use commercially reasonable best efforts to cause the Registration Statement to be an ASRS containing a Prospectus naming Purchaser as a selling shareholder and registering the offering and sale of the Registrable Securities by Purchaser on a delayed or continuous basis pursuant to Rule 415 (a “Resale Shelf Registration Statement”).
If at any time when the Company is required to re-evaluate its ASR Eligible status the Company determines that it is not ASR Eligible, the Company shall use its commercially reasonable efforts to refile the Transaction Shelf Registration Statement on Form S-3 and, if such form is not available, Form S-1 and keep the Transaction Shelf Registration Statement continuously effective subject to Section 2.3 and Section 2.5.