Common use of Business Activity Clause in Contracts

Business Activity. For a period of one year following the Second Closing under the Purchase Agreement the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 2 contracts

Samples: Investor Rights Agreement (Revance Therapeutics, Inc.), Investor Rights Agreement (Revance Therapeutics, Inc.)

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Business Activity. For a period of one year following the Second initial Closing under the Purchase Series D Agreement the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Riverbed Technology, Inc.), Rights Agreement (Placeware Inc)

Business Activity. For a period of one year following the Second Closing under the Purchase Agreement Closing, the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 2 contracts

Samples: Rights Agreement (Coulter Pharmaceuticals Inc), Securities Purchase Agreement (Spatial Technology Inc)

Business Activity. For a period of one year following the Second initial Closing under the Purchase Agreement the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 2 contracts

Samples: Rights Agreement (LDR Holding Corp), Investor Rights Agreement (Veraz Networks, Inc.)

Business Activity. For a period of one year following the Second Closing under the Purchase Agreement the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 2 contracts

Samples: Investor Rights Agreement (Rally Software Development Corp), Investor Rights Agreement (Veraz Networks, Inc.)

Business Activity. For a period of one year following the Second initial Closing under the Series C Purchase Agreement Agreement, the Company shall not change the nature of its business activity if such the change would render the Company ineligible as provided in 13 C.F.R. CFR Section 107.720.

Appears in 2 contracts

Samples: Investor Rights Agreement (Digimarc Corp), Investor Rights Agreement (Digimarc Corp)

Business Activity. For a period of one (1) year following the Second initial Closing under the Series B Purchase Agreement the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 1 contract

Samples: Investor Rights Agreement (SGX Pharmaceuticals, Inc.)

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Business Activity. For a period of one year following the Second initial Closing under the Purchase Agreement the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. C.P.R. Section 107.720.

Appears in 1 contract

Samples: Investor Rights Agreement (Virobay Inc)

Business Activity. For a period of one year following the Second Closing under closing date of the Purchase Agreement investment, the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Asthmatx Inc)

Business Activity. For a period of one year following the Second initial Closing under the Purchase Series C Agreement the Company shall not change the nature of its business activity if such change would render the Company ineligible as provided in 13 C.F.R. Section 107.720.

Appears in 1 contract

Samples: ' Rights Agreement (Placeware Inc)

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