Registration Delay Clause Samples

A Registration Delay clause defines the consequences and procedures if there is a delay in registering securities, such as shares or bonds, with the appropriate regulatory authorities. Typically, this clause outlines the obligations of the issuer to complete registration within a specified timeframe and may specify remedies or penalties if the deadline is missed, such as payment of additional interest or damages to affected parties. Its core function is to protect investors or stakeholders from losses or uncertainties caused by delays in making securities legally tradable, ensuring timely compliance and accountability.
Registration Delay. No Holder will have any right to take any action to restrain, enjoin, or otherwise delay any registration as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 1.
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Registration Delay. Anything in this Section 2 to the contrary ------------------ notwithstanding, the Company may not defer or delay Investor Demand Registrations under this Section 2 for more than two 60-day periods in any 12- month period. The Company may engage in such delays only where its Board of Directors has determined, in its good faith judgment, that such Investor Demand Registration would be seriously detrimental to the Company and its shareholders. If the Company makes such a determination of detriment warranting a delay in Investor Demand Registration, prior written notice thereof shall be duly provided to the holders of the Registrable Securities.
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Registration Delay. If in connection with any Demand Registration pursuant to this Section 2.2, a registration statement is not declared effective on or before 180 days after the Holders' written demand, then the Company agrees to issue additional shares of common stock (the "Additional Shares") to the Holders participating in such Demand Registration. Additional Shares shall be treated as Registrable Securities for purposes of this Agreement. The number of Additional Shares to be issued to each Holder participating in the Demand Registration shall be computed as follows: (i) if the registration statement is declared effective more than 180 days, but not more than 210 days, after the Holders' written demand, the Company shall issue to each Holder participating in the Demand Registration that number of Additional Shares which is equal to 5% of the number of Registrable Securities included by such Holder in the Demand Registration; (ii) if the registration statement is declared effective more than 210 days, but not more than 240 days, after the Holders' written demand, then the Company shall issue to each Holder participating in the Demand Registration that number of Additional Shares which is equal to 10% of the number of Registrable Securities included by such Holder in the Demand Registration; (iii) if the registration statement is declared effective more than 240 days, but not more than 270 days, after the Holders' written demand, then the Company shall issue to each Holder participating in the Demand Registration that number of Additional Shares which is equal to 15% of the number of Registrable Securities included by such Holder in the Demand Registration; (iv) if the registration statement is declared effective more than 270 days, but not more than 300 days, after the Holders' written demand, then the Company shall issue to each Holder participating in the Demand Registration that number of Additional Shares which is equal to 20% of the number of Registrable Securities included by such Holder in the Demand Registration; (v) if the registration statement is declared effective more than 300 days, but not more than 330 days, after the Holders' written demand, then the Company shall issue to each Holder participating in the Demand Registration that number of Additional Shares which is equal to 25% of the number of Registrable Securities included by such Holder in the Demand Registration; and (vi) if the registration statement is declared effective more than 330 days after th...
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Registration Delay. If at the time of any request to register Registrable Shares pursuant to this Section 3, the Company is engaged or has fixed plans to engage within 60 days of the time of the request in a registered public offering as to which the Stockholders may include Registrable Shares pursuant to Section 4 or is engaged in any other activity that, in the good faith determination of the Company's Board of Directors, would be adversely affected by the requested registration to the material detriment of the Company, then the Company may at its option direct that such request be delayed for a period not in excess of 120 days from the effective date of such offering or the date of commencement of such other material activity, as the case may be, such right to delay a request to be exercised by the Company not more than once in any one-year period.
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Registration Delay. No stockholder will have any right to take any action to restrain, enjoin, or otherwise delay any registration as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 7.
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Related to Registration Delay

  • Registration, etc Each Pledgor agrees that, upon the occurrence and during the continuance of an Event of Default hereunder, if for any reason the Collateral Agent desires to sell any of the Pledged Securities of the Borrower at a public sale, it will, at any time and from time to time, upon the written request of the Collateral Agent, use its best efforts to take or to cause the issuer of such Pledged Securities to take such action and prepare, distribute and/or file such documents, as are required or advisable in the reasonable opinion of counsel for the Collateral Agent to permit the public sale of such Pledged Securities. Each Pledgor further agrees to indemnify, defend and hold harmless the Collateral Agent, each other Secured Party, any underwriter and their respective officers, directors, affiliates and controlling persons from and against all loss, liability, expenses, costs of counsel (including, without limitation, reasonable fees and expenses to the Collateral Agent of legal counsel), and claims (including the costs of investigation) that they may incur insofar as such loss, liability, expense or claim arises out of or is based upon any alleged untrue statement of a material fact contained in any prospectus (or any amendment or supplement thereto) or in any notification or offering circular, or arises out of or is based upon any alleged omission to state a material fact required to be stated therein or necessary to make the statements in any thereof not misleading, except insofar as the same may have been caused by any untrue statement or omission based upon information furnished in writing to such Pledgor or the issuer of such Pledged Securities by the Collateral Agent or any other Secured Party expressly for use therein. Each Pledgor further agrees, upon such written request referred to above, to use its best efforts to qualify, file or register, or cause the issuer of such Pledged Securities to qualify, file or register, any of the Pledged Securities under the Blue Sky or other securities laws of such states as may be requested by the Collateral Agent and keep effective, or cause to be kept effective, all such qualifications, filings or registrations. Each Pledgor will bear all costs and expenses of carrying out its obligations under this Section 12. Each Pledgor acknowledges that there is no adequate remedy at law for failure by it to comply with the provisions of this Section 12 and that such failure would not be adequately compensable in damages, and therefore agrees that its agreements contained in this Section 12 may be specifically enforced.

  • Delay of Registration No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any registration pursuant to this Agreement as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2.

  • Delay in Filing; Suspension of Registration If the filing, initial effectiveness or continued use of a Demand Registration Statement at any time would require the Company to make an Adverse Disclosure, the Company may, upon giving prompt written notice of such action to the Holders, delay the filing or initial effectiveness of, or suspend use of, the Demand Registration Statement (a “Demand Suspension”); provided, however, that the Company shall not be permitted to exercise a Demand Suspension (i) more than twice during any twelve (12)-month period, (ii) for a period exceeding sixty (60) days on any one occasion or (iii) for an aggregate of more than ninety (90) days in any twelve (12)-month period. In the case of a Demand Suspension, the Holders agree to suspend use of the applicable Prospectus in connection with any sale or purchase, or offer to sell or purchase, Registrable Securities, upon receipt of the notice referred to above. The Company shall immediately notify the Holders in writing upon the termination of any Demand Suspension, amend or supplement the Prospectus, if necessary, so it does not contain any untrue statement or omission and furnish to the Holders such numbers of copies of the Prospectus as so amended or supplemented as the Holders may reasonably request. The Company shall, if necessary, supplement or amend the Demand Registration Statement, if required by the registration form used by the Company for the Demand Registration or by the instructions applicable to such registration form or by the Securities Act or the rules or regulations promulgated thereunder or as may reasonably be requested by the Holders of a majority of Registrable Securities that are included in such Demand Registration Statement.

  • REGISTRATION OF EZ2BID 3.1 E-bidders will log in into ESZAM AUCTIONEER SDN BHD secured website. E-bidders shall provide true, current and accurate information to register as a user.

  • Requested Registration (a) If the Company shall receive at any time a written request from the Holders of Registrable Securities having market value (based on the average closing price of the Common Stock on the principal trading exchange or system for the ten (10) trading days preceding the date of the request) exceeding three hundred million dollars ($300,000,000) that the Company file a registration statement under the Securities Act for the sale of Registrable Securities for an aggregate public offering price of at least ten million dollars ($10,000,000), the Company shall notify within ten (10) days of receipt thereof, in writing, all Holders of Registrable Securities of such request, and shall use its best efforts to effect as soon as practicable the registration under the Act of all Registrable Securities which the Holders request to be registered within twenty (20) days of the mailing of such notice by the Company in accordance with Section 5.5." 4. Except as provided herein, the Rights Agreement shall remain in full force and effect. If one or more provisions of this Amendment are held to be unenforceable under applicable law, such provision shall be excluded from this Amendment and the balance of this Amendment shall be interpreted as if such provision were so excluded and shall be enforceable in accordance with its terms. 5. Nothing in this Amendment, express or implied, is intended to confer upon any party, other than the parties hereto, and their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Amendment, except as expressly provided herein. 6. This Amendment shall be governed by and construed under the laws of the State of California in the United States of America as applied to agreements among California residents entered into and to be performed entirely within California. 7. This Amendment may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.