Common use of Continued Effectiveness of Registration Statement Clause in Contracts

Continued Effectiveness of Registration Statement. The Company will use commercially reasonable efforts to keep the Registration Statement covering the Registrable Securities effective at all times during the Registration Period. In the event that the number of shares available under a Registration Statement filed pursuant to this Agreement is insufficient to cover all of the Registrable Securities issued pursuant to the Convertible Notes and requested to be included in the Demand Registration, the Company will (if permitted) amend the Registration Statement or file a new Registration Statement, so as to cover all of the Registrable Securities originally requested to be included in the Demand Registration. The Company will file such amendment or new Registration Statement as soon as practicable, but in no event later than 30 business days after the necessity therefor arises (based upon the market price of the Common Stock and other relevant factors on which the Company reasonably elects to rely). The Company will use commercially reasonable efforts to cause such amendment or new Registration Statement to declared effective by the SEC as soon as practicable thereafter, subject to compliance with review by the SEC.

Continued Effectiveness of Registration Statement. The Company will use commercially reasonable efforts to keep the any Registration Statement covering the Registrable Securities effective at all times during the period from the Effective Date through the three-year anniversary of the Effective Date (the “Registration Period”). In the event that the number of shares available under a Registration Statement filed pursuant to this Agreement is insufficient to cover all of the Registrable Securities issued pursuant to the Convertible Notes and requested to be included in the Demand Registration, the Company will (if permitted) amend the Registration Statement or file a new Registration Statement, so as to cover all of the Registrable Securities originally requested to be included in the Demand Registration. The Company will file such amendment or new Registration Statement as soon as practicable, but in no event later than 30 business days after the necessity therefor arises (based upon the market price of the Common Stock and other relevant factors on which the Company reasonably elects to rely). The Company will use commercially reasonable efforts to cause such amendment or new Registration Statement to declared declare effective by the SEC as soon as practicable thereafter, subject to compliance with review by the SEC.