Listing; Other Action. (1) As promptly as practicable, NEWBRIDGE shall use all reasonable best efforts to cause the Option Shares to be approved for listing on the New York Stock Exchange (the "NYSE") and the TSE, subject to notice of issuance, and shall provide prompt notice to the TSE of the issuance of each Option Share. (2) NEWBRIDGE shall use all reasonable best efforts to take, or cause to be taken, all appropriate action, and to do, or cause to be done, all things necessary, proper or advisable under applicable law, regulation or policy to consummate and make effective the transactions contemplated hereunder, including, without limitation, using all reasonable best efforts to obtain all licenses, permits, consents, approvals, authorizations, qualifications and orders of any government or regulatory authority; provided however, that NEWBRIDGE shall not be obligated to register the Option Shares under the U.S. Securities Act or otherwise qualify the Option Shares for resale in the United States or Canada other than on the terms and subject to the conditions set forth in Section 3.2.
Appears in 2 contracts
Sources: Option Agreement (Alcatel), Option Agreement (Newbridge Networks Corp)