Common use of Continuously Effective Clause in Contracts

Continuously Effective. Continuously Effective," with respect to a specified Registration Statement, means that such Registration Statement shall not cease to be effective and available for transfers of Registrable Securities in accordance with the method of distribution set forth therein during the period specified, subject to applicable blackout periods, in the relevant provision of this Agreement.

Appears in 1 contract

Sources: Registration Rights Agreement (Grant Prideco Inc)

Continuously Effective. Continuously Effective," with respect to a specified Registration Statement, means that such Registration Statement shall not cease to be effective and available for transfers of Registrable Securities in accordance with the method of distribution set forth therein during the period specified, subject to applicable blackout periods, specified in the relevant provision of this Agreement.

Appears in 1 contract

Sources: Registration Rights Agreement (Nptest Inc)