Effective Registration definition
Examples of Effective Registration in a sentence
They May Not Be Sold Or Offered For Sale Except Pursuant To An Effective Registration Statement Under Said Act And Any Applicable State Securities Law Or An Applicable Exemption From Such Registration Requirements.
Subject to the terms of this Agreement, each Holder shall have the right, which may be exercised commencing on the Effective Registration Date and terminating at 5:00 PM.
Such registration to be duly filed ("Effective Registration") within 10 days of the date of this Agreement.
After an initial non-cancellation period of 30 days from the date of "Effective Registration", referred to in Clause 4, the Company or the Consultant may terminate this Agreement at any time upon 30 days notice, provide that the Consultant agrees to return to the Company a pro rata portion of the compensation issued to him under paragraph 3.
The Company shall promptly notify each Investor in writing if there shall ever be a lack of Effective Registration, as well as when Effective Registration is re-established.