Termination of Tag-Along Rights. Notwithstanding anything to the contrary, the provisions of Section 7.1 shall not be applicable if the Common Stock is publicly traded on an Exchange and there exists a Minimum Public Float.
Termination of Tag-Along Rights. Notwithstanding anything herein to the contrary, the rights and obligations provided for in this Section 6 shall terminate, with respect to all Securities held by each Other Securityholder, upon the occurrence of the Qualified IPO Date.
Termination of Tag-Along Rights. In addition to the provisions of Section 7.2, the provisions of Section 7.1 shall not be applicable if (x) the Common Stock becomes publicly traded and there exists a Minimum Public Float, (y) the Purchaser ceases to own Shares or Rights or (z) the sale by the Sponsor involves less than all or substantially all of the Common Stock owned by the Sponsor at the time of sale.
Termination of Tag-Along Rights. The rights afforded to Stockholders under this Article III shall automatically terminate (i) in the case of the WCAS Stockholders, upon the Xxxxxxx Stockholders ceasing to have collectively a Proportionate Percentage of at least ten percent (10%), and (ii) in the case of the Xxxxxxx Stockholders, upon the WCAS Stockholders ceasing to have collectively a Proportionate Percentage of at least ten percent (10%), in either case without giving effect to any proposed Transfer which would result in the WCAS Stockholders or the Xxxxxxx Stockholders, as the case may be, collectively having a Proportionate Percentage of less than ten percent (10%).
Termination of Tag-Along Rights. The provisions of this Section 5.4 shall expire upon the occurrence of a Public Offering Event.
Termination of Tag-Along Rights. The Stockholders’ rights under this Section 4 shall terminate if SCP ceases to own at least 66% of the Company’s Series C Preferred Shares; provided, however, SCP shall not avoid the provisions of this Section 4 by making one or more transfers to SCP’s permitted transferees. In the event SCP’s percentage ownership of the voting securities of the Company falls below 66% as a result of transfers to SCP’s permitted transferees, then the Stockholders’ rights under this Section 4 shall remain in full force and effect against each of such permitted transferees and SCP shall cause each such permitted transferee to agree in writing to be bound by the terms of this Section 4.
Termination of Tag-Along Rights. The Tag-Along-Rights provided for in this Section 2 shall terminate in their entirety at such time as the number of LLCP Shares owned or held, directly or indirectly, by LLCP is less than three percent (3%) of the total number of shares of Common Stock then outstanding.
Termination of Tag-Along Rights. The provisions of this Article V shall expire upon the occurrence of a Public Offering Event. ARTICLE VI.
Termination of Tag-Along Rights. The Tag Along Rights provided for in this Section 3 shall terminate in their entirety on the Termination Date.
Termination of Tag-Along Rights. All rights and benefits afforded to the Members under this Article 16 and all obligations, duties and liabilities imposed upon the Member under this Article 16 will not apply after, and will terminate immediately before, the closing of the IPO; provided, however, that, following the closing of the IPO, each Member will be and remain liable for any breach or violation of such obligations, duties and liabilities arising or accruing prior to the closing of the IPO.
