Common use of Registration of the Common Stock with the SEC Clause in Contracts

Registration of the Common Stock with the SEC. The Company shall have filed with the SEC (i) a registration statement on Form S-3 (the "Registration Statement") for the registration of the resale by the Investor of Common Stock to be acquired pursuant to this Agreement (not including Common Stock to be issued upon exercise of the Warrants) under the Securities Act, which Registration Statement shall have been declared effective by the SEC prior to the first Optional Purchase Date or Mandatory Purchase Date, as the case may be, but in no event later than December 1, 1997, (ii) by March 15, 1997, in accordance with the Registration Rights Agreement a registration statement on Form S-3 for the registration of the resale by the Investor of Common Stock to be issued upon exercise of the Warrant (the "Warrant Registration Statement"), and (iii) within 10 12 thirty (30) days of the issuance of any Additional Warrants, in accordance with the Registration Rights Agreement, a registration statement on Form S-3 for the registration of the resale by the Investor of Common Stock to be issued upon exercise of such Additional Warrants (each an "Additional Warrant Registration Statement"); and no stop order or suspension or withdrawal of the effectiveness of or with respect to any such registration statement or any other suspension of the use of any such registration statement or related prospectus shall have been issued by the SEC or any states securities commission during the Commitment Period; and the Company shall be in compliance with the terms of the Registration Rights Agreement.