Common use of Resale Shelf Registration Statement Clause in Contracts

Resale Shelf Registration Statement. In the event that, after an initial public offering of Preferred Stock (or other securities), any of the Placement Agents, or any successors thereto, in its reasonable opinion, becomes an Affiliate (as such term is defined in Rule 144 under the Securities Act) of the Company, or any successor thereto, the Company (or its successor) shall use its best efforts to cause to be filed as soon as practicable after receiving notice thereof from the Placement Agents (or its successor) a shelf registration statement (the "Resales Registration Statement") under the Securities Act providing for the resale by the Placement Agents (or its successor) of all Warrants and Preferred Stock (or other securities) it acquires from time to time in connection with market-making activities and to have such shelf registration statement declared effective by the Commission. The provisions of this Agreement concerning the Warrant Registration Statement shall apply to the Resales Registration Statement as if such Resales Registration Statement were the Warrant Registration Statement (except that the Company (or its successor) will use its best efforts to keep the Resales Registration Statement effective until the earlier of (i) the tenth anniversary of the Closing Date and (ii) such time as the relevant Placement Agent shall, in its opinion, cease to be an Affiliate of the Company, as evidenced by written notice sent promptly upon such event).

Resale Shelf Registration Statement. In the event that, after an initial public offering of Preferred Stock (or other securities)Common Shares, any of the Placement AgentsInitial Purchaser, or any successors successor thereto, in its reasonable their opinion, is or becomes an Affiliate (as such term is defined in Rule 144 under the Securities Act) of the Company, or any successor thereto, the Company (or its successor) shall use its best efforts to cause to be filed as soon as practicable after receiving notice thereof from the Placement Agents such Initial Purchaser (or its successor) a shelf registration statement (the "Resales Registration Statement") under the ------------------------------ Securities Act providing for the resale by the Placement Agents such Initial Purchaser (or its successor) of all Warrants and Preferred Stock (or other securities) Common Shares it acquires from time to time in connection with market-making activities and to have such shelf registration statement declared effective by the Commission. The provisions of this Agreement concerning the Warrant Shelf Registration Statement shall apply to the Resales Registration Statement as if such Resales Registration Statement were the Warrant Shelf Registration Statement (except that the Company (or its successor) will use its best efforts to keep the Resales Registration Statement effective until the earlier of (i) the tenth twelfth anniversary of the Closing Date and (ii) such time as the relevant Placement Agent such Initial Purchaser shall, in its opinion, cease to be an Affiliate of the Company, as evidenced by written notice sent promptly upon such event).