Common use of Expiration of Covenants Clause in Contracts

Expiration of Covenants. The covenants set forth in this Section 4 (other than the provisions of Section 4.1(m)) shall expire and be of no further force or effect upon the effectiveness of a Qualified Public Offering (as defined in Section 3.5 hereof). After such time, the Investors shall be entitled to receive such annual and quarterly reports as the Company shall distribute to its stockholders generally.

Appears in 3 contracts

Samples: Investor Rights Agreement (Alimera Sciences Inc), Investor Rights Agreement (Alimera Sciences Inc), Investor Rights Agreement (Alimera Sciences Inc)

AutoNDA by SimpleDocs

Expiration of Covenants. The covenants set forth in this Section 4 (other than the provisions of Section 4.1(m)) 5 shall expire and be of no further force or effect upon the effectiveness of a Qualified Public Offering (as defined in Section 3.5 hereof)Offering. After such time, the Investors shall be entitled to receive such annual and quarterly reports as the Company shall distribute to its stockholders generally.

Appears in 2 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Aeglea BioTherapeutics, Inc.)

Expiration of Covenants. The covenants set forth in this Section 4 (other than the provisions of Section 4.1(m)) 3 shall expire and be of no further force or effect upon the effectiveness of a Qualified Public Offering (as defined in Section 3.5 2.6 hereof). After such time, the Investors shall be entitled to receive such annual and quarterly reports as the Company shall distribute to its stockholders generally.

Appears in 2 contracts

Samples: Investor Rights Agreement (Clearside Biomedical, Inc.), Investor Rights Agreement (Clearside Biomedical, Inc.)

Expiration of Covenants. The covenants set forth in this Section 4 (other than the provisions of Section 4.1(m)) shall expire and be of no further force or effect upon the earlier of (i) the effectiveness of a Qualified Public Offering (as such term is defined in Section 3.5 hereofthe Certificate) and (ii) the closing of a Liquidation Event (as defined in the Certificate). After such time, the Investors shall be entitled to receive such annual and quarterly reports as the Company shall distribute to its stockholders generally.

Appears in 1 contract

Samples: Investor Rights Agreement (PhaseBio Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Expiration of Covenants. The covenants set forth in this Section 4 (other than the provisions of Section 4.1(m)) shall expire and be of no further force or effect upon the effectiveness closing of a Qualified Public Offering (as defined in Section 3.5 hereof). After such time, the Investors shall be entitled to receive such annual and quarterly reports as the Company shall distribute to its stockholders shareholders generally.

Appears in 1 contract

Samples: Investor Rights Agreement (Buildnet Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!