Required Registration definition
Examples of Required Registration in a sentence
The Company shall provide not less than five (5) days’ prior written notice to the Holder of the effectiveness of the Required Registration together with instructions for the Holder to exercise its conversion rights hereunder and participate in such Required Registration.
The Company shall use the net proceeds from the sale of the Note(s( hereunder for general corporate purposes, including (for the avoidance of doubt) to finance the expenses of the Required Registration, except that the net proceeds from the sale of the Note shall not be used to repay any of the Company’s existing debt obligations.
The Company shall use its best efforts: (i) to file an initial registration statement with the Commission under the Securities Act in order to effect the Required Registration (the “Initial Required Registration Statement”) within ten (10) days after the Final Maturity Date (as defined in the Note), and (ii) thereafter, to have such registration statement (as amended) to be declared effective by the Commission under the Securities Act as soon as practicable thereafter.