definiens: Rcql1i,'cd Period " with rt : spcct 10 a Required Rl'gistration shall mean the earlier oCO ) tlw date on \'vhich all Rcgistrablc Securities covercd hy such Required Registration arc sold pursliant therdo and ( ii ) Ol1e - IHlIldrcd l\venty ( 120 ) days following the first day llfdlcctin . 'n css of the Registration Stah : nWIlI for such Rcquired Rcgistnllion . in cach caso . : subject to extension as : : ; .:.'t I < xtli herein ; provided, ho\.vcvcr, thal in no C'vent willlhc Required I)niod c . ... -pirc pnor to tht ..... xpir.ltioll of the applic.:ahlc period rererr ~ d to in S';:L h~)\\~v t.:r . Ihat ( i ) SHch ( ) ! IC - hllndn : d t\\-I.'llty ( 120 ) day pcriod shrill be eXlendcd for a Jleriod, ) 1 ' tim ... -equal to tho . : pt'riod till . ' Ho!dt : r refrains, nt 111 ( ' rl't]lll'SI 0/',111 lmd .. :rwrile/ ' Of(\))l1l1101l Stod ( or oth ~ r : -.ecuritics ) nfthc Company, frnlll scllin ~, Ill ) ' securities included ill sueh rl . 'gisiralilll ) . and ( ii ) in thc caso . : orany regislmlinl1 ( II ' Ri . '~islrabJ ... ' Sl'CUrllICS Oil hll'lll S - l thaI ; lI'C Intcndo.:d tn he ol'li : n : d un a continunu s ( 11 ' dI.'IiI}L'l1 hasis, slIhjL - cI hlcllll1plla nce \vith i.1rpli!;;lbk SI- :( ' ru\cs, sLich on .. : hundred Iwenty ( 12 ( ) ) day lk'riod shall he cxlelllkd . ifllCC('SS, II ' Y, III Ii . L'CP tllo . : Rq'.istl'iltioll S1 : lh : ml'1l1 l'I'i'ccllw Ullt il till ' t'arli\ .. 'r lil ' ( i\ ) : -11\:11 lillK ' as all sud I I{egislr : lhlc Securities ro.:gi : I\'d till qlcll R",',::.islratilill Slail .. 'llIl'n t : 11 '' ' : s.)ld or{lt ) all sud, Rcgistrable Scetlrilil 's on s\ldll~~g lslrll~ thrt : c monlh peril)d purslJalll In I~ uk I ......