Common use of Termination and Waiver of Rights of First Refusal Clause in Contracts

Termination and Waiver of Rights of First Refusal. The rights of first refusal set forth in this Section 4 shall not apply to, and shall terminate upon the earliest of (i) the closing of a Qualified IPO or (ii) the closing of an Asset Transfer or Acquisition.

Appears in 2 contracts

Samples: Investor Rights Agreement (Marrone Bio Innovations Inc), Investor Rights Agreement (Marrone Bio Innovations Inc)

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Termination and Waiver of Rights of First Refusal. The rights of first refusal set forth in this Section 4 shall not apply to, and shall terminate upon immediately prior to the earliest Qualified IPO. The rights of (i) first refusal established by this Section 4 may be amended, or any provision waived with the closing written consent of a Qualified IPO or (ii) the closing of an Asset Transfer or AcquisitionRequired Holders pursuant to Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (Mirna Therapeutics, Inc.), Investor Rights Agreement (Mirna Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal set forth in this Section 4 shall not apply to, and shall terminate upon (a) immediately prior to the earliest of (i) the closing of a Qualified IPO or (iib) when the closing Company first becomes subject to the periodic reporting requirements of an Asset Transfer Section 12(g) or Acquisition15(d) of the Exchange Act, whichever event occurs first. The rights of first refusal established by this Section 4 may be amended, or any provision waived with the written consent of the Required Holders pursuant to Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Mirna Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal set forth in established by this Section 4 5 shall not apply to, and shall terminate upon the earliest earlier of (i) the closing effective date of the registration statement pertaining to a Qualified IPO or (ii) the closing of an Asset Transfer or Acquisition.

Appears in 1 contract

Samples: Investor Rights Agreement (Crinetics Pharmaceuticals, Inc.)

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Termination and Waiver of Rights of First Refusal. The rights of first refusal set forth in established by this Section 4 shall not apply to, and shall terminate upon the earliest of earlier of, (i) the closing effective date of a the registration statement pertaining to Qualified IPO (as defined in the Amended Charter) or (ii) the closing of an Acquisition or an Asset Transfer or AcquisitionTransfer.

Appears in 1 contract

Samples: Investor Rights Agreement (Immune Design Corp.)

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