Expiration of Rights. All registration rights shall expire and not apply to any Holder upon the earlier of seven years from the Corporation's initial public offering or the date such Holder is eligible to sell in a three-month period pursuant to SEC Rule 144 all Registrable Securities held by such Holder.
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Samples: Restriction and Registration Rights Agreement (Santarus Inc), Exclusive License Agreement (Santarus Inc), Exclusive License Agreement (Santarus Inc)
Expiration of Rights. All registration rights shall expire and not apply to any Holder upon the earlier of seven years from the Corporation's ’s initial public offering or the date such Holder is eligible to sell in a three-month period pursuant to SEC Rule 144 all Registrable Securities held by such Holder.
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Samples: Exclusive License Agreement (Salix Pharmaceuticals LTD)
Expiration of Rights. All registration rights shall expire and not apply to any Holder the Purchaser upon the earlier of seven the date five (5) years from the Corporation's initial public offering Effective Date or the date such Holder Purchaser is eligible to sell in a three-month period pursuant to SEC Rule 144 all Registrable Securities Shares held by such HolderPurchaser.
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Expiration of Rights. All registration rights shall expire and not apply to any Holder upon the earlier of seven the date six (6) years from the CorporationCompany's initial public offering or the date such Holder is eligible to sell in a three-three (3) month period pursuant to SEC Rule 144 (without reference to Rule 144(k)) all Registrable Securities held by such Holder, by virtue of such Holder holding less than 1% of the outstanding capital stock of the Company.
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