Continuously Effective

Continuously Effective. Means, with respect to a specified registration statement, that it shall not cease to be effective and available for transfers of Registrable Securities thereunder for longer than any forty-five (45) consecutive Business Days, during 2 which time the Company shall not be permitted to call the Warrants, prior to the Expiration Date.

Continuously Effective. With respect to the Resale Registration Statement means that such registration statement shall not cease to be effective and available for Transfers of Registrable Securities except as permitted by Sections 2.3, 2.4(b), or 2.4(e).