Shelf Effectiveness Deadline definition
Examples of Shelf Effectiveness Deadline in a sentence
The Company shall, at its cost, use its commercially reasonable efforts to cause such Shelf Registration Statement to become or be declared effective under the 1933 Act as promptly as is reasonably practicable after such Shelf Registration Statement is filed, but in no event later than the Shelf Effectiveness Deadline.
Additional Interest shall be computed based on the actual number of days elapsed in each six-month period between payment dates after the Shelf Effectiveness Deadline in which the Shelf Registration Statement is not effective or is unusable.
Prior to the earlier of (i) the Shelf Effectiveness Deadline or (ii) the date on which the Shelf Registration Statement is declared effective, the Company may extend the period of any Allowed Delay to not more than a total of thirty (30) consecutive days or to not more than a total of 60 days in any twelve (12) month period if such extension is reasonably necessary in order for the SEC to declare effective a post-effective amendment to the Registration Statement.