Common use of Initial Shelf Registration Clause in Contracts

Initial Shelf Registration. The Company shall (i) cause to be filed as soon as practicable, but not later than 45 days after the Effective Date (or such longer time up to 90 days after the Effective Date as may be required for the Company to prepare the necessary financial statements), a Registration Statement for an offering to be made on a continuous basis pursuant to Rule 415 under the Securities Act (the "Initial Shelf Registration") covering all of the Registrable Securities and providing for the sale of the Registrable Securities by the Holders thereof and (ii) use its commercially reasonable best efforts to have such Initial Shelf Registration declared effective by the Commission as promptly as practicable thereafter.

Initial Shelf Registration. The Company shall (i) cause to -------------------------- be filed as soon promptly as practicable, practicable but not later than 45 days after the Effective Date (or such longer time up to 90 days after the Effective Date as may be required for the Company to prepare the necessary financial statements)Date, a Registration Statement for an offering to be made on a continuous basis pursuant to Rule 415 under the Securities Act (the "Initial ------- Shelf Registration") covering all of the Registrable Securities Shares as of the date ------------------ hereof and providing for the sale of the Registrable Securities Shares by the Holders thereof and (ii) use its commercially reasonable best efforts to have such Initial Shelf Registration declared declares effective by the Commission as promptly as practicable thereafter.