Common use of Distribution Registration Statement Clause in Contracts

Distribution Registration Statement. ▇▇▇▇▇ will cause New ----------------------------------- Primal to file a registration statement to register all shares of New Primal Common Stock to be issued in the Distribution under the Securities Act and under all applicable state securities laws as soon as reasonably practicable after the date hereof, but in no event later than August 18, 2000, will use its commercially reasonable best efforts to cause such registration statement to be declared effective by the Securities and Exchange Commission (the "SEC") and obtain permits under state securities laws, and the Old Primal Majority Stockholders will use their commercially reasonable best efforts to cooperate therewith, and ▇▇▇▇▇ will pay all costs and expenses in connection therewith. ▇▇▇▇▇ will cause such registration statement to comply in substance and as to form in all material respects with the requirements of the Securities Act and the rules promulgated thereunder, and will provide the Old Primal Majority Stockholders with a reasonable opportunity to review and comment upon the registration statement and any amendments thereto, and ▇▇▇▇▇ shall further keep the Old Primal Majority Stockholders reasonably apprized as to the status thereof.

Appears in 1 contract

Sources: Preliminary Distribution Agreement (Avery Communications Inc)

Distribution Registration Statement. ▇▇▇▇▇ will cause New ----------------------------------- Primal to file a registration statement to register all shares of New Primal Common Stock to be issued in the Distribution under the Securities Act and under all applicable state securities laws as soon as reasonably practicable after the date hereof, but in no event later than August 18, 2000, will use its commercially reasonable best efforts to cause such registration statement to be declared effective by the Securities and Exchange Commission (the "SEC") and obtain permits under state securities laws, and the Old Primal Majority Stockholders will use their commercially reasonable best efforts to cooperate therewith, and ▇▇▇▇▇ will pay all costs and expenses in connection therewith. ▇▇▇▇▇ will cause such registration statement to comply in substance and as to form in all material respects with the requirements of the Securities Act and the rules promulgated thereunder, and will provide the Old Primal Majority Stockholders with a reasonable opportunity to review and comment upon the registration statement and any amendments thereto, and ▇▇▇▇▇ shall further keep the Old Primal Majority Stockholders reasonably apprized as to the status thereof.

Appears in 1 contract

Sources: Preliminary Distribution Agreement (Primal Solutions Inc)