Registration Event Definition Example

Registration Event. Means the occurrence of any of the following events: (a) the Registration Statement or any Additional Registration Statement covering Registrable Securities is not declared effective by the Commission on or before the applicable Registration Default Date; (b) after the SEC Effective Date or Additional Effective Date, as the case may be, sales cannot be made pursuant to the Registration Statement or an Additional Registration Statement for any... reason (including without limitation by reason of a stop order, or the Company's failure to update the Registration Statement or Additional Registration Statement) but except as excused pursuant to Section 3(a) or for the reasons specified in clause (c); or (c) the Common Stock generally or the Registrable Securities specifically are not listed or included for quotation on an Approved Market, or trading of the Common Stock is suspended or halted on the Approved Market, which at the time constitutes the principal market for the Common Stock, for more than two full, consecutive Trading Days; provided, however, a Registration Event shall not be deemed to occur if all or substantially all trading in equity securities (including the Common Stock) is suspended or halted on the Approved Market for any length of time. View More