Common use of No Shelf Registration Clause in Contracts

No Shelf Registration. Parent shall not be required to amend or maintain the effectiveness of the Registration Statement for the purpose of permitting resale of the shares of Parent Class A Common Stock or Parent Class B Common Stock received pursuant hereto by the Persons who may be deemed to be "affiliates" of Global or U S WEST within the meaning of Rule 145 promulgated under the Securities Act. The shares of Parent Class A Common Stock or Parent Class B Common Stock issuable upon exercise of options pursuant to Section 2.8 or Section 3.8 hereof shall be registered under the Securities Act and such registration shall be effective at the time of issuance.