Common use of Right to Delay Clause in Contracts

Right to Delay. The Company shall have the one-time right, after it shall have received written notice pursuant to Section 2.1, to elect not to file or to delay any such proposed registration statement by not more than 60 days, or to withdraw the same after the filing but prior to the effective date thereof; such withdrawal shall renew the Demand Registration rights under Section. 2.1. In addition, the Company may delay the filing of any registration statement requested pursuant to Section 2.1 hereof by not more than 60 days if the Company, prior to the time it would otherwise have been required to file such registration statement, determines in good faith that the filing of the registration statement would require the disclosure of non-public material information that, in its judgment, would be detrimental to the Company if so disclosed or would otherwise adversely affect a financing, acquisition, disposition, merger or other material transaction.

Right to Delay. The Company shall have the one-time right, after it shall have received written notice pursuant to Section 2.1ss.2.1, to elect not to file or to delay any such proposed registration statement by not more than 60 days, or to withdraw the same after the filing but prior to the effective date thereof; such withdrawal shall renew the Demand Registration rights under Sectionss. 2.1. In addition, the Company may delay the filing of any registration statement requested pursuant to Section 2.1 ss.2.1 hereof by not more than 60 days if the Company, prior to the time it would otherwise have been required to file such registration statement, determines in good faith that the filing of the registration statement would require the disclosure of non-public material information that, in its judgment, would be detrimental to the Company if so disclosed or would otherwise adversely affect a financing, acquisition, disposition, merger or other material transaction.