Termination of Article III Sample Clauses

Termination of Article III. This Article III shall terminate and be of no further force or effect on the second anniversary of the Closing Date, provided that such termination shall not relieve any party of liability for such party’s breach of this Article III prior to such termination.
Termination of Article III. This Article III shall terminate and be of no further effect at such time as the Shares Beneficially Owned by Stockholder no longer constitute at least 10% of the outstanding Common Stock.
Termination of Article III. The covenants set forth in this Article III shall terminate upon the earliest to occur of (i) immediately prior to the consummation of a Qualified Public Offering or (ii) upon a Liquidation Event (as defined in the Certificate of Incorporation).
Termination of Article III. Notwithstanding anything to the contrary contained in this ARTICLE VII:
Termination of Article III. This Article III shall terminate upon the earlier of (i) a sale of all or substantially all of the assets or business of the Company, by merger, sale of assets or otherwise, or (ii) termination of the Program Term.
Termination of Article III. The provisions of this Article III shall terminate upon completion of the Initial Public Offering.
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Termination of Article III. The rights and restrictive covenants -------------------------- contained in this Article III will terminate (and will not apply in connection with): (i) immediately prior to the Qualified IPO or (ii) upon the acquisition of all or substantially all the assets of the Company. GENERAL PROVISIONS ------------------
Termination of Article III. MDS may terminate Article III of this Agreement by delivery of written notice to ALL LINK LIVE, if ALL LINK LIVE shall materially breach the provisions of Article III of this Agreement and such breach continues uncured for at least thirty (30) days after written notice thereof provided that such a breach is curable during such period. If such breach is not capable of being cured within such thirty (30) day period, ALL LINK LIVE need only take reasonable steps to initiate such cure during such period. ALL LINK LIVE may terminate Article III of this Agreement at any time by delivering written notice to MDS; provided, however, that ALL LINK LIVE shall pay MDS the Royalty for the month subsequent to the delivery of such notice and MDS shall provide the Update and/or Upgrade for such month. The parties hereto acknowledge and agree that, notwithstanding termination of Article III pursuant to this Section 5.4, the remaining terms and conditions of this Agreement, including, without limitation, the License, shall continue in full force and effect.
Termination of Article III. The covenants set forth in this Article III shall terminate at such time as the Investors (together with their affiliates) shall no longer be the owner of any Registrable Securities. Unless sooner terminated in accordance with the preceding sentence, the covenants set forth in this Article III shall terminate at the earliest to occur of: (i) immediately prior to the closing of a bona fide firm commitment underwritten initial public offering of the Company’s Common Stock registered under the Securities Act; (ii) upon a Change in Control; or (iii) with the written consent of (A) Investors holding at least a majority of the shares of Series A Preferred Stock voting together as a single class, (B) Investors holding at least a majority of Series B-1 Preferred Stock voting together as a single class, (C) Investors holding at least a majority of Series C Preferred Stock voting together as a single class and (D) Investors holding at least a majority of Series D Preferred Stock voting together as a single class.
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