Common use of Termination of Covenants Clause in Contracts

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 14 contracts

Samples: Investors’ Rights Agreement (Cornerstone OnDemand Inc), Investors’ Rights Agreement (Kinemed Inc), Investors’ Rights Agreement (Asante Solutions, Inc.)

AutoNDA by SimpleDocs

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 6 contracts

Samples: Investors’ Rights Agreement (Prosper Marketplace Inc), Investors’ Rights Agreement (Prosper Marketplace Inc), Investors’ Rights Agreement (Blockstack Inc.)

Termination of Covenants. The covenants set forth of the Company contained in this Section 3 shall terminate terminate, and be of no further force and effect after or effect, upon the closing effective date of the Company’s Initial a Public Offering.

Appears in 5 contracts

Samples: Stock Purchase Agreement, Sample Convertible Preferred Stock Purchase Agreement, Sample Convertible Preferred Stock Purchase Agreement

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect effect: (i) after the closing of the Company’s Initial Public Offering; (ii) after the Company becomes subject to the reporting provisions of the Exchange Act, or (iii) upon a Liquidation Event (as defined in the Company’s Certificate of Incorporation).

Appears in 3 contracts

Samples: Investors’ Rights Agreement (Corium International, Inc.), Investors’ Rights Agreement (Corium International, Inc.), Investors’ Rights Agreement (Corium International, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate upon and be of no further force and effect after the earliest to occur of: (a) the closing of the Company’s Initial Public Offering; (b) the consummation of a Liquidation Event or Deemed Liquidation Event; and (c) the Reporting Date.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (Castle Biosciences Inc), Investors’ Rights Agreement (Castle Biosciences Inc), Rights Agreement (Castle Biosciences Inc)

Termination of Covenants. The covenants set forth in this Section 3 3, other than Sections 3.8 and 3.9, shall terminate and be of no further force and effect after upon the earlier to occur of the following: (a) the closing of the Company’s Initial Public OfferingQualified IPO; and (b) a liquidation, dissolution or winding-up of the Company (as defined in the Restated Certificate).

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Eargo, Inc.), Investors’ Rights Agreement (Eargo, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Qualified Initial Public Offering.

Appears in 2 contracts

Samples: Investors Rights Agreement (Acclarent Inc), Investor Rights Agreement (Kythera Biopharmaceuticals Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and or effect after the closing date on which the Company is required to file reports with the Commission pursuant to Section 13 or 15(d) of the Company’s Initial Public OfferingExchange Act.

Appears in 2 contracts

Samples: Investor Rights Agreement (Veritone, Inc.), Investor Rights Agreement (Novacea Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after upon the earlier to occur of (i) closing of the Company’s a Qualified Initial Public OfferingOffering by the Company or (ii) the date upon which the Company first becomes subject to the periodic reporting requirements of Sections 12(g) or 15(d) of the Exchange Act.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Q2 Holdings, Inc.), Investors’ Rights Agreement (Q2 Holdings, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 (other than Section 3.2) shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Zoom Video Communications, Inc.), Investors’ Rights Agreement (Zoom Video Communications, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate as to each Holder and be of no further force and or effect after immediately upon the closing consummation of an underwritten public offering of the Company’s Initial Public Offering's Common Stock.

Appears in 2 contracts

Samples: Rights Agreement (Imanage Inc), Rights Agreement (Imanage Inc)

Termination of Covenants. The All covenants set forth provided in this Section 3 3.5 shall terminate and be of no further force and effect after (unless earlier terminated in accordance with their terms) upon the closing of the Company’s Initial a Qualified Public Offering.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (FVA Ventures, Inc.), Membership Interest Purchase Agreement (FVA Ventures, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 (other than Section 3.5) shall terminate and be of no further force and effect after the closing of the Company’s Initial Public a Qualified Offering.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Mulesoft, Inc), Investors’ Rights Agreement (Mulesoft, Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Phaserx, Inc.), Investors’ Rights Agreement (Phaserx, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate on, and be of no further force and or effect after at such time as the closing Company consummates the Initial Public Offering of the Company’s Initial Public Offering.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Obalon Therapeutics Inc), Investors’ Rights Agreement (Obalon Therapeutics Inc)

Termination of Covenants. The covenants set forth in this Section 3 3, except for Section 3.7, shall terminate and be of no further force and effect after the closing of the Company’s Initial Public OfferingIPO.

Appears in 2 contracts

Samples: Investor Rights Agreement (Stellar Acquisition III Inc.), Investor Rights Agreement (Phunware, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after immediately before the closing of the Company’s Initial Public Offering.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Kinnate Biopharma Inc.), Investors’ Rights Agreement (Kinnate Biopharma Inc.)

Termination of Covenants. The covenants set forth in this Section 3 3, other than those set forth in Section 3.3, shall terminate and be of no further force and effect after upon the earlier to occur of the closing of the Company’s 's Initial Public OfferingOffering or a Change of Control of the Company.

Appears in 2 contracts

Samples: Investors' Rights Agreement (Quantenna Communications Inc), Investors' Rights Agreement (Quantenna Communications Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of a Qualified IPO (as defined in the Company’s Initial Public OfferingAmended and Restated Certificate of Incorporation).

Appears in 2 contracts

Samples: Investors’ Rights Agreement (eASIC Corp), Investors’ Rights Agreement (eASIC Corp)

Termination of Covenants. The covenants set forth in this Section SECTION 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Maxygen Inc), Investors’ Rights Agreement (Maxygen Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after upon the earlier to occur of: (i) the closing of the Company’s Initial Public Offering, and (ii) the termination of this Agreement pursuant to Section 5.14 below.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Achaogen Inc), Investors’ Rights Agreement (Achaogen Inc)

Termination of Covenants. The covenants set forth in this Section 3 hereof shall terminate and be of no further force and effect after upon the earlier of the closing of the Company’s Initial Public OfferingQualified IPO or a Liquidation Event.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Allakos Inc.), Investors’ Rights Agreement (Allakos Inc.)

Termination of Covenants. The covenants set forth in Covenants of the Company under this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial upon a Qualified Public Offering.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Trans1 Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the earlier of (i) closing of the Company’s 's Initial Public Offering.Offering or (ii) the date when none of the Shares and Conversion Stock remains outstanding. Section 4

Appears in 1 contract

Samples: Investors' Rights Agreement (Zogenix Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and or effect after the closing of the Company’s Initial a Qualified Public Offering.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Foundation Medicine, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after upon the closing of earlier to occur of: (x) the Company’s Initial Public Offering, and (y) the closing of an Acquisition.

Appears in 1 contract

Samples: Investors’ Rights Agreement (PMV Pharmaceuticals, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 2 shall terminate and be of no further force and effect after the closing time of effectiveness of the Company’s Initial Public Offering.'s first firm commitment underwritten public offering registered under the Securities Act. SECTION 3

Appears in 1 contract

Samples: Investors' Rights Agreement (Combichem Inc)

Termination of Covenants. The Unless otherwise set forth herein, the covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Barracuda Networks Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate on, and be of no further force and or effect after at such time as the closing Company (a) consummates the initial public offering of the Company’s Initial Public OfferingCompany or (b) becomes subject to the reporting provisions of the Exchange Act.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Tobira Therapeutics, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of a Qualified Public Offering or at such earlier time as the Company’s Initial Public OfferingCompany becomes a reporting company with the Commission and in fact provides no less than the equivalent information publically as required by applicable law, rule and regulations.

Appears in 1 contract

Samples: Investor Rights Agreement (Stonegate Mortgage Corp)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the earlier of (i) closing of the Company’s Initial Public OfferingOffering or (ii) the effective date of the Form 10 registration statement.

Appears in 1 contract

Samples: Rights Agreement (Kinemed Inc)

Termination of Covenants. The covenants set forth in this Section 3 Sections 2.1 ------------------------ through 2.5 shall terminate on, and be of no further force and or effect after after, the closing of the Company’s 's Initial Public Offering.

Appears in 1 contract

Samples: Rights Agreement (Pointcast Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the earlier of (i) closing of the Company’s Initial Public OfferingOffering or (ii) the date when none of the Shares and Conversion Stock remains outstanding.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Zogenix, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 Sections 3.1 and 3.2 shall terminate and be of no further force and effect after upon the closing of a Qualified Public Offering or upon the consummation of a Change of Control of the Company’s Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Zagg INC)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial upon a Qualified Public OfferingOffering or a Liquidation Event.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Zscaler, Inc.)

AutoNDA by SimpleDocs

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after at such time as the closing of the Company’s Company (i) consummates an Initial Public Offering, (ii) becomes subject to the reporting provisions of the Exchange Act, or (iii) upon a Change of Control.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Recursion Pharmaceuticals, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Qualified Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Paragon 28, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the earlier of the closing of the Company’s Initial Public OfferingOffering or a Liquidation Event (as defined in the Company’s Amended and Restated Certificate of Incorporation).

Appears in 1 contract

Samples: Investors’ Rights Agreement (Abpro Corp)

Termination of Covenants. The covenants Company’s obligations set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 1 contract

Samples: ’ Rights Agreement (Semler Scientific, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the time of the closing of the Company’s Initial Public Offering's initial public offering as defined in Section 1.2 above.

Appears in 1 contract

Samples: Investors' Rights Agreement (Egreetings Network Inc)

Termination of Covenants. The covenants set forth in this Section 3 4 shall terminate and be of no further force and effect after the closing --------- consummation of the Company’s Initial Public Offering's first firm commitment underwritten public offering registered under the Securities Act.

Appears in 1 contract

Samples: Investors' Rights Agreement (Right Start Inc /Ca)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering; provided, however, that the holders of the Shares shall be entitled to receive the same reports and other information that the Company provides to the holders of its Common Stock.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Eyenovia, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing time of effectiveness of the Company’s Initial Public Offering's first firm commitment underwritten public offering registered under the Securities Act.

Appears in 1 contract

Samples: Investors' Rights Agreement (E Greetings Network)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public OfferingOffering or upon an acquisition, merger or consolidation of the Company.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Raindance Technologies Inc)

Termination of Covenants. The covenants set forth in this Section 3 (other than the covenants set forth in Section 3.10) shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Luna Innovations Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s an Initial Public OfferingOffering or a Change of Control.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Homeunion Holdings, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after upon the closing of earlier of; (i) such date the Company’s Initial Qualified Public OfferingOffering has closed; and (ii) such date a Change of Control has been completed.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Nalu Medical, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the earlier of (i) closing of the Company’s Initial Public OfferingOffering and (ii) closing of a Deemed Liquidation.

Appears in 1 contract

Samples: Investors’ Rights Agreement (U.S. Auto Parts Network, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after upon the earliest to occur of (i) the closing of the Company’s Initial Qualified Public Offering, (ii) the dissolution or winding up of the Company, or (iii) immediately prior to the effective date of a Change of Control.

Appears in 1 contract

Samples: Investor Rights Agreement (Clovis Oncology, Inc.)

Termination of Covenants. The covenants set forth in this Section 3 Sections 3.1, ------------------------ 3.2 and 3.3 shall terminate on, and be of no further force and or effect after after, the closing effective date of the Company’s 's Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Usweb Corp)

Termination of Covenants. The covenants set forth in this Section 3 3.1 and 3.2 shall terminate on, and be of no further force and or effect after after, the closing of the Company’s Initial Qualifying Public Offering.. SECTION 4

Appears in 1 contract

Samples: Investor Rights Agreement (Healthetech Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering.a Qualifying IPO. Section 4

Appears in 1 contract

Samples: ' Rights Agreement (Accuray Inc)

Termination of Covenants. The covenants set forth in this ------------------------ Section 3 4 shall terminate and be of no further force and effect after the closing of the Company’s Initial Public Offering's first firm commitment underwritten public offering registered under the Securities Act.

Appears in 1 contract

Samples: Rights Agreement (Neopoint Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and or effect after upon the closing consummation of the Company’s Initial Public Offeringsale of securities pursuant to a registration statement filed by the Company under the Act in connection with the firm commitment underwritten offering of its securities to the general public.

Appears in 1 contract

Samples: Rights Agreement (Sangamo Biosciences Inc)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after the closing of the Company’s Initial a Qualified Public Offering.

Appears in 1 contract

Samples: Voting Agreement (Cerus Corp)

Termination of Covenants. The covenants set forth in this Section 3 shall terminate and be of no further force and effect after following the closing of the Company’s Initial Public OfferingQualified IPO.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Solazyme Inc)

Termination of Covenants. The covenants set forth in this Section 3 (other than Section 3.10 and Section 3.11) shall terminate and be of no further force and effect after the closing of the Company’s Initial Public OfferingQualified IPO.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Vaxcyte, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.