Common use of Termination of Covenants Clause in Contracts

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before prior to the consummation of the IPO sale of shares of Common Stock in the Company’s IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section Sections 12(g) or 15(d) of the Exchange Act, ; or (iii) upon a Deemed Liquidation Event, as such term is defined in Sale of the Restated CertificateCompany, whichever event occurs firstshall first occur.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.9 and 5.11, shall terminate and be of no further force or effect (i) immediately before but subject to the consummation of the IPO a QPO or, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.6 through 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon immediately before a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.7, 5.9 and 5.10, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.7, 5.8, 5.9 and 5.10 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.4, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.6, 5.7 and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Amended and Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.5 and 5.6, shall terminate and be of no further force or effect upon the earliest to occur of: (i) immediately before the consummation of the IPO IPO; (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, ; or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.7, 5.8 and 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Section 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, Event as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Sections 5.6, 5.7, and 5.10, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the IPO a QPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.7 and Subsection 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.6 and Subsection 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Liquidity Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for this Subsection 5.65.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Amended and Restated CertificateCertificate of Incorporation, as may be amended or restated from time to time, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO a Qualified Public Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act or the outstanding capital stock of the Company is exchanged for shares that are registered under the Exchange Act, or (iiiii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.66, 5.77, 5.88, and 5.99, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon the closing of a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Section 5.6, shall terminate and be of no further force or effect (i) immediately before but subject to the consummation of the IPO a Qualified Public Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, Event (as such term is defined in the Restated Certificate) pursuant to which the Investors receive cash and/or marketable securities, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Sections 5.5, 5.6, and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5 (other than Sections 5.6, 5.7 and 5.10) shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO that results in the conversion of all outstanding Preferred Stock to Common Stock, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or and (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs firstCompany’s Certificate of Incorporation.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the a Qualified IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.6 and 5.8, shall terminate and be of no further force or effect (i) immediately before but subject to the consummation of the IPO an IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation EventSale of the Company, as such term is defined in the Restated CertificateStockholders Agreement, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.5 and 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.6 and Section 5.8, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO an IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) or when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.7 and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Sections 5.5, 5.6, 5.7 and 5.8 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, as amended, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, or (iv) immediately before the consummation of a Direct Listing, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.6 and 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation (as may be amended from time to time), whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.5, 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Sections 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, Subsections 5.6 through 5.10 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.7 and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.4, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Section 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO a Qualified IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Stock Sale, or (iv) upon a Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.8 and 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.5, 5.6 and 5.7, shall terminate and be of no further force or effect effect: (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.2, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(b), 12(g) or 15(d) of the Exchange Act following the date on which the Company deregisters or is otherwise no longer subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.6 and 5.7, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO IPO, in which all of the Preferred Stock is converted into Common Stock, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.6, through 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.6 and 5.8, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the an IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (iiIPO,(ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.6 and 5.8, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the IPO an IPO; (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, ; or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.6, 5.7 and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon the closing of a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, 5.6 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.6 and Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon immediately before a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCharter, or (iv) upon the closing of a Stock Sale, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.6 and 5.7, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.5 and Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, (iv) immediately before the consummation of the Qualified Form 10 Transaction, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.6 and 5.8, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the IPO a QPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange ActAct with its Common Stock listed on the NYSE or NASDAQ, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in Section 2.1 and this Section 5, except for Subsection 5.6, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated Company’s Certificate, or (d) upon a Stock Sale, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the earliest to occur of (A) the IPO or (B) a SPAC Transaction, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.or

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Section 5.6, Section 5.8 and Section 5.9 shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO or (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect upon the earliest of (ia) immediately before prior to the consummation of the IPO or a SPAC Transaction, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or and (iiic) upon the closing of a Deemed Liquidation Event, as such term is defined Event where proceeds are distributed in accordance with Section 2.1 and 2.2 of Article (IV)(C) of the Restated Certificate, whichever event occurs firstCertificate of Incorporation.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.4, 5.5 and 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange ActIPO, or (iiiii) upon a Deemed Liquidation Event, Event (as such term is defined in Article FOURTH, Sections C.2.3.1(a) and (b) of the Restated CertificateCertificate of Incorporation) provided that pursuant to such Deemed Liquidation Event the Investors receive only cash or liquid securities, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 56, except for Subsection 5.66.4, 6.5, 6.6 and 6.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a distribution of the proceeds of a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.6, 5.7 and 5.8, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5 and Section 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Sections 5.5, 5.6 and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in or (iv) upon the Restated Certificateconsummation of a Qualified SPAC Transaction, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.8, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before the consummation of the IPO Qualified Public Offering; (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or Trading Date and (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Sections 5.5 and 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, Subsections 5.5 and 5.6 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or a Direct Listing (whichever occurs first), (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5 and Section 5.10, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, Direct Listing or SPAC Transaction, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.5, 5.6, 5.7, 5.8 and 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, Event (as such term is defined in the Restated Certificate), whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.3 and Subsection 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.6, 5.7 and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section[s] 5.7, 5.8 [and 5.9], shall terminate and be of no further force or effect [(i) )] immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange ActIPO[, or (iiiii) upon a Deemed Liquidation Event[, as such term is defined in the Restated CertificateCompany's Articles], whichever event occurs firstfirst].66 Miscellaneous.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO Qualified Public Offering or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.3, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation EventLiquidation, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.7, 5.8, 5.9 and 5.10, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Seventh Amended and Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.5, 5.6, 5.7 and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Amended and Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Subsections 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5 and Section 5.9, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Company’s Amended and Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Sections 5.6, 5.7 and 5.8, shall terminate and be of no further force or effect immediately before (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.6Section 5.5, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The Except for the covenant set forth in Section 5.7, the covenants set forth in this Section 5, except for Subsection 5.6, 5 shall terminate and be of no further force or effect upon the earliest to occur of any of the following: (i) an agreement in writing by the Company, the Investor and the Key Holder; (ii) immediately before the consummation of the IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, a Qualified Public Offering or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs firstArticles.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.7 and Subsection 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon immediately before a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.6, 5.7, and 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection Subsections 5.5, 5.6, 5.8 and 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO a Qualified Public Offering, (ii) when the Company first becomes subject to the registration requirements of Sections 12(b) or 12(g) of the Exchange Act or the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsection 5.65.4, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Amended and Restated CertificateCertificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, 5 (except for Subsection 5.6, ) shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Restated CertificateCompany’s Certificate of Incorporation, whichever event occurs first.