Shelf Suspension definition

Shelf Suspension shall have the meaning set forth in Section 3.2.4.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Shelf Suspension has the meaning set forth in Section 2.02(d).

Shelf Suspension has the meaning set forth in Section 4.1(c).

Examples of Shelf Suspension in a sentence

• In the case of a Shelf Suspension, the Holders agree to suspend use of the applicable Prospectus in connection with any sale or purchase of, or offer to sell or purchase, Registrable Securities, upon receipt of the notice referred to above.

• In the case of a Shelf Suspension that occurs after the effectiveness of the Shelf Registration Statement, the Shelf Holders agree to suspend use of the applicable Prospectus for the permitted duration of such Shelf Suspension in connection with any sale or purchase of, or offer to sell or purchase, Registrable Securities, upon receipt of the certificate referred to above.

• If the continued use of such Shelf Registration Statement at any time would require the Company to make an Adverse Disclosure, the Company may, upon giving prompt written notice of such action to the Holders, suspend use of the Shelf Registration Statement (a “Shelf Suspension”); provided, however, that the Company shall not be permitted to exercise a Shelf Suspension more than one time during any twelve (12)-month period for a period not to exceed sixty (60) days.

• The Company shall immediately notify the Holders in writing upon the termination of any Shelf Suspension, amend or supplement the Prospectus, if necessary, so it does not contain any untrue statement or omission and furnish to the Holders such numbers of copies of the Prospectus as so amended or supplemented as the Holders may reasonably request.

More Definitions of Shelf Suspension

Shelf Suspension shall have the meaning set forth in Section 6(a).

Shelf Suspension has the meaning set forth in Section 2.1(g).

Shelf Suspension has the meaning set forth in Section 7.1(c).

Shelf Suspension has the meaning specified in Section 2.3 of this Agreement;

Shelf Suspension has the meaning set forth in ‎Section 5.02(d).

Shelf Suspension shall have the meaning assigned to such term in Section 2(b)(vii) hereof.

Shelf Suspension has the meaning set forth in Section 2.01(d). "Shelf Take-Down" has the meaning set forth in Section 2.01(e)(i). "Special Registration" has the meaning set forth in Section 2.11. "Specified Courts" has the meaning set forth in Section 3.10.