Common use of Expiry of Participation Right Clause in Contracts

Expiry of Participation Right. The Participation Right and the obligations of the Parent under this Article IV shall terminate and be of no further force or effect on the first day following the date on which the Ownership of the Investors is less than 50%.

Appears in 4 contracts

Samples: Investor Rights Agreement (SunOpta Inc.), Investor Rights Agreement (Engaged Capital LLC), Investor Rights Agreement (SunOpta Inc.)

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Expiry of Participation Right. The Participation Right and the obligations of the Parent under this Article IV 4 shall terminate and be of no further force or effect on the first day following the date on which the Ownership of the Investors is less than 50%.

Appears in 1 contract

Samples: Investor Rights Agreement (SunOpta Inc.)

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