Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as a Covered Person or any of its members ceases to hold any Registrable Securities and (ii) such time as the Agreement is terminated in writing by both Covered Persons. In the event the Agreement is terminated in writing by one Covered Person, such termination shall only terminate the Agreement with respect to the rights and obligations of such Covered Person hereunder.
Appears in 2 contracts
Samples: Registration Rights Agreement (Imperial Capital Group, Inc.), Registration Rights Agreement (Imperial Capital Group, Inc.)
Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as a no Covered Person holds any Covered LLC Units or any of its members ceases to hold any Registrable Securities and (ii) such time as the Agreement is terminated in writing by both holders of two thirds of the outstanding Covered PersonsLLC Units. In This Agreement may be amended only with the event consent of the Agreement is terminated in writing by one Company and the holders of Covered Person, such termination shall only LLC Units required to terminate the Agreement with respect to the rights and obligations of such Covered Person hereunderthis Agreement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Truett-Hurst, Inc.), Registration Rights Agreement (Truett-Hurst, Inc.)
