Expiration of Covenants. The Company's obligations under Sections 5.01, 5.02, 5.03, 5.05, 5.06, 5.08 and 5.09 shall terminate at such time as the Purchasers no longer hold any Preferred Shares, Warrants or Warrant Shares.
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Samples: Unit Purchase Agreement (Pegasus Investors L P), Unit Purchase Agreement (Code Alarm Inc)
Expiration of Covenants. The Company's obligations under Sections 5.01, 5.02, 5.03, 5.05, 5.06, 5.08 5.01 and 5.09 5.02 shall terminate at such time as the Purchasers and their affiliates (as such term is defined in Rule 501 under the Securities Act of 1933) no longer hold any in the aggregate at least 25% of the Preferred Shares, Warrants or Warrant Shares.
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Samples: Preferred Stock Purchase Agreement (Semx Corp), Preferred Stock Purchase Agreement (Act Capital America Fund Lp)
Expiration of Covenants. The Company's obligations under Sections 5.01, 5.02, 5.03, 5.05, 5.06, 5.08 5.01 and 5.09 5.02 shall terminate with respect to a Purchaser at such time as the Purchasers such Purchaser no longer hold holds any Preferred Shares, Warrants Stock or Warrant SharesWarrants.
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