Continuously Effective definition

Continuously Effective with respect to a specified registration statement, shall mean that it shall not cease to be effective and available for Transfers of Registrable Securities thereunder for longer than either (i) any ten (10) consecutive Business Days, or (ii) an aggregate of fifteen (15) Business Days during the period specified in the relevant provision of this Agreement.

Continuously Effective with respect to a specified registration statement, means that such registration statement shall not cease to be effective and available for transfers of Registrable Securities in accordance with the method of distribution set forth therein for longer than five (5) business days during the period specified in the relevant provision of this Agreement.

Continuously Effective means, with respect to a specified registration statement, that it shall not cease to be effective and available for transfers of Registrable Securities thereunder for longer than any forty-five (45) consecutive business days and not more than 90 business days in any 365-day period prior to the Expiration Date.

Examples of Continuously Effective in a sentence

• Continuously Effective", with respect to a specified registration statement, shall mean that such registration statement shall not cease to be effective and available for Transfers of Registrable Securities thereunder for longer than either (i) any ten (10) consecutive Business Days, or (ii) an aggregate of fifteen (15) Business Days during the period specified in the relevant provision of this Agreement.

• Continuously Effective", with respect to a ---------------------- specified registration statement, shall mean that it shall not cease to be effective and available for Transfers of Registrable Securities thereunder for longer than either (i) any ten (10) consecutive business days, or (ii) an aggregate of fifteen (15) business days during the period specified in the relevant provision of this Agreement.

• The Company shall keep such Shelf Registration Statement Continuously Effective for no less than 30 calendar days or until such earlier date as of which all the Registrable Securities under such Shelf Registration Statement shall have been disposed of in a manner described in such Shelf Registration Statement.

• The Company agrees that it shall maintain the Shelf Registration Continuously Effective with respect to such Registrable Securities for so long as there are any Registrable Securities then outstanding, and that the provisions of Sections 5 through 10 hereof shall apply with respect to such Shelf Registration.

• The Company's obligation to effect a given demand registration pursuant to Section 2.1 shall be deemed to have been satisfied upon the earlier of (i) the date as of which all of the Registrable Securities included therein shall have been disposed of pursuant to the Demand Registration Statement, and (ii) the date as of which such Demand Registration Statement shall have been Continuously Effective for a period of 90 days.

More Definitions of Continuously Effective

Continuously Effective with respect to the Resale Registration Statement means that such registration statement shall not cease to be effective and available for Transfers of Registrable Securities.

Continuously Effective means, with respect to a specified registration statement, that it shall not cease to be effective and current and compliant with respect to applicable disclosure requirements and available for Transfers of Registrable Securities thereunder, and shall not be subject to any stop order or similar order issued by the Commission, for longer than either (i) any ten (10) consecutive Business Days, or (ii) an aggregate of fifteen (15) Business Days during the period specified in the relevant provision of this Agreement.

Continuously Effective with respect to a specified registration statement, shall mean that it shall not cease to be effective and available for Transfers of Registrable Securities thereunder for longer than either (i) any thirty (30) calendar days, or (ii) an aggregate of sixty (60) calendar days during the two-year period specified in Section 2.1(c).

Continuously Effective. As used herein, the term "Shelf Registration" means the Initial Shelf Registration and any Subsequent Shelf Registration.

Continuously Effective with respect to a specified Registration Statement, means that such Registration Statement shall not cease to be effective and available for transfers of Registrable Securities in accordance with the method of distribution set forth therein during the period specified in the relevant provision of this Agreement.

Continuously Effective with respect to a registration statement under the Securities Act, shall mean that it shall not cease to be effective and available for sales of Registrable Shares thereunder for longer than either (i) any fifteen consecutive days, or (ii) an aggregate of 30 days during the period specified in the relevant provision of this Agreement.

Continuously Effective with respect to a specified registration statement, means that it shall not cease to be effective and available for transfers of Consideration Shares thereunder for longer than three Business Days during the period specified in the relevant provision of Article IV; provided, however, that such registration statement shall not be Continuously Effective if it ceases to be effective and available for transfers of Consideration Shares thereunder during the first five Business Days of such effectiveness.