Common use of No Registration Statement Clause in Contracts

No Registration Statement. MSPC will not file any registration statement under the Securities Act until one year after the date on which the Holder shall first have converted any portion of the New Convertible Note into shares of Common Stock or December 31, 2014, whichever shall first occur, provided that MSPC may comply with its obligations under any agreement under which it is obligated to maintain the effectiveness of any registration statement that was filed and declared effective prior to the date of this Agreement.

Appears in 2 contracts

Sources: Convertible Promissory Note Exchange Agreement (Metrospaces, Inc.), Convertible Promissory Note Exchange Agreement (Metrospaces, Inc.)

No Registration Statement. MSPC will not file any registration statement under the Securities Act until one year after the date on which the Holder shall first have converted any portion of the New Convertible Note into shares of Common Stock or December 31April 30, 20142015, whichever shall first occur, provided that MSPC may comply with its obligations under any agreement under which it is obligated to maintain the effectiveness of any registration statement that was filed and declared effective prior to the date of this Agreement.

Appears in 1 contract

Sources: Promissory Note Exchange Agreement (Metrospaces, Inc.)