Common use of IPO Closing; Termination Clause in Contracts

IPO Closing; Termination. This Agreement will automatically terminate and be of no force and effect if the closing of the IPO does not occur within twelve months from the date of this Agreement. This agreement will automatically terminate and be of no force and effect when the Substantial Ownership Requirement is no longer met.

Appears in 6 contracts

Samples: Stockholders Agreement (Weber Inc.), Stockholders Agreement (Weber Inc.), Stockholders Agreement (BRP Group, Inc.)

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IPO Closing; Termination. This Agreement will automatically terminate and be of no force and effect if the closing of the IPO does not occur within twelve months from the date of this Agreementon or before May 1, 2018. This agreement will automatically terminate and be of no force and effect when the Substantial Ownership Requirement is no longer met.

Appears in 3 contracts

Samples: Stockholders Agreement (Goosehead Insurance, Inc.), Contribution Agreement (Goosehead Insurance, Inc.), Stockholders Agreement (Goosehead Insurance, Inc.)

IPO Closing; Termination. This Agreement will automatically terminate and be of no force and effect if the closing of the IPO does not occur within twelve months from the date of this Agreementon or before [●], 2018. This agreement will automatically terminate and be of no force and effect when the Substantial Ownership Requirement is no longer met.

Appears in 2 contracts

Samples: Contribution Agreement (Goosehead Insurance, Inc.), Stockholders Agreement (Goosehead Insurance, Inc.)

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IPO Closing; Termination. This Agreement will automatically terminate and be of no force and effect if the closing of the IPO does not occur within twelve months from the date of this Agreement. This agreement will automatically terminate and be of no force and effect when the Substantial Aggregate New Mountain Ownership Requirement is no longer metless than 10%.

Appears in 2 contracts

Samples: Stockholders Agreement (Signify Health, Inc.), Stockholders Agreement (Signify Health, Inc.)

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