Examples of Registration Rights Failure in a sentence
The Director of Student Services is responsible for checking each student’s background check.
From and after the failure (an “Interest Test Failure”) of the Company to meet one or more Interest Tests (as defined in Section 14(f)), and so long as no Event of Default or a Registration Rights Failure has occurred and is continuing, the Interest Rate shall be increased to seven and one-half percent (7.50%) (the “Interest Test Failure Rate”) as of the first day of the Fiscal Quarter immediately succeeding the Fiscal Quarter in which the Interest Test Failure occurred.
Section 2.3 of the Agreement is deleted in its entirety and replaced with the following: Additional Fee for Failure to Comply with Reporting Requirement or Registration Rights Failure.