Common use of Expiration of Right Clause in Contracts

Expiration of Right. The right of first offer granted under this Section 3 shall not apply to, and shall expire upon, the effectiveness of a registration statement for a Qualified Public Offering or a Liquidating Event, as defined in the Company’s Fourth Amended and Restated Certificate of Incorporation effective as of the date hereof.

Appears in 2 contracts

Samples: Investor Rights Agreement (Aldagen Inc), Investor Rights Agreement (Aldagen Inc)

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Expiration of Right. The right of first offer granted under this Section 3 shall not apply to, and shall expire upon, the effectiveness of a registration statement for a Qualified Public Offering or a Liquidating Event, as defined in the Company’s Fourth Fifth Amended and Restated Certificate of Incorporation effective as of the date hereof.

Appears in 2 contracts

Samples: Investor Rights Agreement (Aldagen Inc), Investor Rights Agreement (Aldagen Inc)

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