Termination of Certain Rights. The Company's obligations under ----------------------------- Section 3.1 will terminate upon the earliest of (i) the closing of the Company's initial public offering of Common Stock pursuant to a registration statement filed with and declared effective by the SEC under the Securities Act, or (ii) the acquisition (by merger, consolidation or otherwise) of the Company where the surviving entity is subject to the reporting requirements of the Exchange Act.
Termination of Certain Rights. Any termination of this Lease pursuant to this Article 13 shall cause any right of the Lessee to extend the Term of this Lease, granted to the Lessee herein and any right of the Lessee to purchase the Leased Property contained in this Lease to be terminated and to be without further force or effect.
Termination of Certain Rights. The rights and obligations hereunder of the Holder shall terminate with respect to such party at such time when neither it nor any of its permitted assigns holds Registrable Shares or two years from the date of this Agreement, whichever occurs earlier; provided, however, that the provisions of Section 11(f) and the rights of any party hereto with respect to the breach of any provision hereof shall survive termination of this Agreement.
Termination of Certain Rights. The rights and obligations hereunder of each Stockholder will terminate with respect to such Stockholder at such time when it no longer meets the definition of a Stockholder under this Agreement; provided, however, that the provisions of Section 2.8, the rights of any Investor with respect to breach of any provision hereof, and any obligation accrued as of the date of termination shall survive termination of this Agreement.
Termination of Certain Rights. The Company's obligations under Sections 1.1 and 1.2 above will terminate upon (a) the consummation of a Qualifying IPO (as defined in Section 5(b) of the Company's Series A Certificate) or (b) a consolidation or merger of the Company with or into any other corporation in which the holders of record of the Company's outstanding shares of stock immediately before such consolidation or merger hold (by virtue of securities issued as consideration in such transaction or otherwise) less than a majority of the voting power of the surviving corporation of such consolidation or merger, or the sale of all or substantially all of the assets of the Company (a "Change of Control Event"). After a Qualifying IPO, the Company shall provide the Investor with all reports normally provided to its shareholders.
Termination of Certain Rights. 45 13.7 Waiver................................................................................45 13.8 Application of Rent Loss and/or Business Interruption Insurance.......................46 13.9
Termination of Certain Rights. The Company's obligations under Sections 1.1, 1.2 and 1.3 above will terminate upon the closing of the Company's initial public offering of Common Stock pursuant to an effective registration statement filed under the U.S. Securities Act of 1933, as amended (the "SECURITIES ACT"), in which the gross proceeds raised for the Company's account (calculated before deduction of underwriters' discounts and omissions) exceeds $15,000,000 at a price greater than $1.10 per share of Common Stock (such price to be proportionally adjusted to reflect stock splits, stock dividends and the like).
Termination of Certain Rights. The Company's obligations under Section 2.1 and 2.2 herein will terminate upon the closing of the Company's initial public offering of Common Stock pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "SECURITIES ACT") with a sales price per share of Common Stock (as adjusted for combinations, stock dividends, subdivisions or split-ups) of at least $9.75 and aggregate gross proceeds to the Company of at least $20,000,000 (the "COMPANY'S INITIAL PUBLIC REGISTRATION").
Termination of Certain Rights. The Company’s obligations under this Article 1 shall terminate immediately upon the closing of the Company’s firm commitment underwritten initial public offering (“IPO”) pursuant to a Registration Statement under the Securities Act of 1933, as amended (the “Securities Act”), or at such time that the Company first becomes subject to the periodic reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Termination of Certain Rights. The rights of Purchaser to make a Piggy-Back Request pursuant to Section 3(b) shall terminate on the first day after the Closing on which Purchaser does not have a right to make a Demand Request pursuant to Section 3(a) (the "Termination Date"); provided that, as to any Registrable Shares that are subject to a Demand Request or Piggy-Back Request duly delivered on or prior to the Termination Date, such termination will be delayed until such shares have been disposed of pursuant to such registration statement or such offering has been completed or abandoned.
