Holder Delay

Holder Delay. Any period for which the Registration Statement is not effective or sales of Registrable Securities may not be made solely attributable to changes required by the Holders in the Registration Statement after the Registration Statement has been declared effective by the SEC with respect to information required by this Agreement to be provided to the Company by such Holders for purposes of inclusion in the Registration Statement, with respect to changes in the plan of distribution or the failure... of the Holders to conduct their review of the Registration Statement pursuant to Section 3(c) of this Agreement within five (5) days of their receipt of the Registration Statement. View More

Holder Delay. Any delay which results in the failure by the Company to deliver Common Shares in accordance with Section 3(c) which is caused by any action or inaction on the part of the Holder (including, without limitation, any failure to adequately provide any "know your client", anti-money laundering or other similar customary documentation required by the Transfer Agent