Subsequent Shelf Registration. If a Subsequent Shelf Registration is filed, the Company and the Guarantors shall use all reasonable efforts to cause the Subsequent Shelf Registration to be declared effective under the Securities Act as soon as practicable after such filing and to keep such Registration Statement continuously effective for a period equal to the number of days in the Effectiveness Period less the aggregate number of days during which the Initial Shelf Registration or any Subsequent Shelf Registration was previously continuously effective. As used herein, the term "SHELF REGISTRATION" means the Initial Shelf Registration and any Subsequent Shelf Registration and the term "SHELF REGISTRATION STATEMENT" means any Registration Statement filed in connection with a Shelf Registration.
Appears in 2 contracts
Sources: Registration Rights Agreement (Murco Drilling Corp), Registration Rights Agreement (Grey Wolf Inc)