Common use of Initial Mandatory Registration Clause in Contracts

Initial Mandatory Registration. The Company shall prepare, and, as soon as practicable but in no event later than the date which is 30 days after the Initial Closing Date (as defined in the Securities Purchase Agreement) (the "INITIAL FILING DEADLINE"), file with the SEC an Initial Registration Statement on Form S-3 covering the resale of all of the Initial Registrable Securities. In the event that Form S-3 is unavailable for such a registration, the Company shall use such other form as is available for such a registration, subject to the provisions of Section 2(d). The Initial Registration Statement prepared pursuant hereto shall register for resale at least that number of shares of Common Stock equal to 116% of the number of Initial Conversion Shares issued or issuable upon conversion of the Initial Notes (without regard to any limitations on conversions) as of the trading day immediately preceding the date the Initial Registration Statement is initially filed with the SEC, subject to adjustment as provided in Section 2(e). The Company shall use its best efforts to cause such Initial Registration Statement to be declared effective by the SEC as soon as practicable, but in no event later than the date which is 150 days after the Initial Closing Date (the "INITIAL EFFECTIVENESS DEADLINE").

Initial Mandatory Registration. The Company shall prepare, and, as soon as practicable but in no event later than the date which is 30 45 days after the Initial Closing Date (as defined in date of issuance of the Securities Purchase Agreement) (the "INITIAL FILING DEADLINE")relevant Preferred Shares, file with the SEC an Initial Registration Statement or Initial Registration Statements (as is necessary) on Form S-3 covering the resale of all of the Registrable Securities issuable pursuant to the Initial Preferred Shares (the "Initial Registrable Securities"). In the event that Form S-3 is unavailable for such a registration, the Company shall use such other form as is available for such a registration, subject to the provisions of Section 2(d2(e). The Initial Registration Statement or Initial Registration Statements prepared pursuant hereto shall register for resale at least that number of shares of Common Stock equal to 116% the product of (x) 2.0 and (y) the number of Initial Conversion Shares issued or issuable upon conversion of the Initial Notes (without regard to any limitations on conversions) Registrable Securities as of the trading day date immediately preceding the date the Initial Registration Statement is initially filed with the SEC, subject to adjustment as provided in Section 2(e2(f). The Company shall use its best efforts to cause such have the Initial Registration Statement to be Statement(s) declared effective by the SEC as soon as practicable, but in no event later than the date which is 150 120 days after the Initial Closing Date (issuance of the "INITIAL EFFECTIVENESS DEADLINE")relevant Preferred Shares.

Initial Mandatory Registration. The Company shall prepare, and, as soon as practicable but in no event later than the date which is 30 35 trading days after the Initial Closing Date (as defined in the Securities Purchase Agreement) (the "INITIAL FILING DEADLINEInitial Filing Deadline"), file with the SEC an Initial Registration Statement on Form S-3 covering the resale of all of the Initial Registrable SecuritiesSecurities relating to the Initial Preferred Shares and the Initial Warrants issued on such Initial Closing Date. In the event that Form S-3 is unavailable for such a registration, the Company shall use such other form as is available for such a registration, subject to the provisions of Section 2(d). The Initial Registration Statement prepared pursuant hereto shall register for resale at least that number of shares of Common Stock equal to 116% the product of (x) 1.75 and (y) the number of Initial Conversion Shares issued or issuable upon conversion of the Initial Notes (without regard to any limitations on conversions) Registrable Securities as of the trading day immediately preceding the date the Initial Registration Statement is initially filed with the SEC, subject to adjustment as provided in Section 2(e). The Company shall use its best efforts to cause such have the Initial Registration Statement to be declared effective by the SEC as soon as practicable, but in no event later than the date which is 150 120 days after the Initial Closing Date (the "INITIAL EFFECTIVENESS DEADLINEInitial Effectiveness Deadline").