Common use of Termination with Respect to a Shareholder Clause in Contracts

Termination with Respect to a Shareholder. Subject to Article V, upon the Transfer by any of the Investors or the Principal Holding Company of all of the Equity Securities of the Company registered in its name to a Permitted Transferee in accordance with the terms and conditions of this Agreement, such Party (and with respect to the Principal Holding Company, the Principal Parties) shall automatically cease to be a party to this Agreement and shall have no further rights or obligations hereunder.

Appears in 5 contracts

Samples: Investors’ Rights Agreement (Eve One Fund II L.P.), Investors’ Rights Agreement (Joy Capital Opportunity, L.P.), Investors’ Rights Agreement (Eve One Fund II L.P.)

AutoNDA by SimpleDocs

Termination with Respect to a Shareholder. Subject to Article V, upon the Transfer by any of the Investors or the Principal Holding Company of all of the Equity Securities of the Company registered in its name to a Permitted Transferee in accordance with the terms and conditions of this AgreementAgreement or upon an Investor or the Principal Holding Company otherwise ceasing to hold any Equity Securities of the Company, such Party (and with respect to the Principal Holding Company, the Principal Parties) shall automatically cease to be a party to this Agreement and shall have no further rights or obligations hereunder.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (Eve One Fund II L.P.), Investors’ Rights Agreement (Dai Kun), Investors’ Rights Agreement (Joy Capital Opportunity, L.P.)

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