Common use of Filing of the Registration Statement Clause in Contracts

Filing of the Registration Statement. Upon the terms and subject to the conditions set forth in this Agreement, the Company shall file with the Commission within sixty (60) calendar days after the Closing Date an initial registration statement on Form S-3 under the Securities Act or such other form as deemed appropriate by counsel to the Company and reasonably acceptable to the Investor for the registration for the resale by the Investor of Registrable Securities in an amount not to exceed 19.99% of the shares of Common Stock outstanding on the date hereof (the “Registration Statement”) for the registration for the resale by the Investor of Registrable Securities in an amount not to exceed 19.99% of the shares of Common Stock outstanding on the date hereof (the “Registration Statement”).