Common use of Limitations on Registration Clause in Contracts

Limitations on Registration. The Company shall not be required to effect a registration pursuant to this Section 2.02: (i) if at the time of the request, Form F-3 (or such similar or successor form as may be applicable) is not available to the Company for such offering; (ii) if the Company shall furnish to the F-3 Holders requesting a registration pursuant to this Section 2.02 a certificate signed by the Company’s Authorized Officer stating that a Potential Material Event exists, in which event the Company shall have the right to defer such filing for a period of not more than ninety (90) calendar days from the date that the Company would be obligated to file a Registration Statement pursuant to Section 2.02(b) in the absence of this Section 2.01(c)(ii), provided that such right to delay a request may not be exercised by the Company more than twice in any twelve (12)-month period; or (iii) if the Holders propose to sell Registrable Securities and other such Securities (if any) whereby the aggregate proceeds of which (after deduction for Selling Expenses) are less than $1,000,000.