Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 7 shall terminate upon the earlier of (i) the effective date of a registration statement pursuant to Section 3(a) or (ii) twelve months after the Closing Date.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 4 shall terminate following the Company's initial Qualified Offering.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 4 shall not apply to, and shall terminate upon the earlier of (a) the registration of the Registrable Securities, and (b) an Acquisition or Asset Transfer (each as defined in the Articles). The preemptive rights established by this Section 4 may be amended, or any provision waived, either prospectively or retrospectively, with the written consent of Investors holding not less than a majority of the Registrable Securities held by all Holders, or as permitted by Section 5.5.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 4 shall not apply to, and with respect to issuances by the Company shall terminate upon, the consummation of a Qualified Public Offering. The preemptive rights established by this Section 4 may be amended, or any provision waived, with the written consent of the Majority Holders or as permitted by Section 5.3.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 4 shall not apply to, and with respect to issuances by the Company shall terminate upon the earlier to occur of the consummation of, (a) the Initial Offering or (b) Liquidity Event (as defined in the Certificate). The preemptive rights established by this Section 4 may be amended, or any provision waived, with the written consent of the Company and the Requisite Holders or as permitted by Section 5.3; provided, however, that with respect to any such waiver, if any Investors voting in favor or consenting to such waiver subsequently participate in the purchase of the Equity Securities for which such waiver was obtained, then the remaining Preemptive Investors not providing such waiver will be granted the right to participate in the purchase of the Equity Securities, on a pro-rata basis in accordance with this Section 4.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 4 shall terminate upon the closing of the Company's Qualified Public Offering. Notwithstanding the foregoing, the preemptive rights established by this Section 4 shall terminate as to any Investor, and shall not apply to any Investor, who, together with any Affiliates, holds less than 500,000 shares of Registrable Securities in the case of a Holder who holds Series A Stock of Series B Stock, or 390,000 shares of Registrable Securities in the case of a Holder who holds Series C Stock (in each case, as adjusted for stock splits, recapitalizations and the like).
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 6 shall terminate three years from the date hereof. The preemptive rights established by this Section 5 may be amended, or any provision waived, either prospectively or retrospectively, with the written consent of the Stockholder, or as permitted by Section 6.5.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 4 shall terminate following the Company's Qualifying IPO.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 5 shall not apply to, and shall terminate upon the effective date of the registration statement pertaining to the Initial Offering. The preemptive rights established by this Section 5 may be amended, or any provision waived with the written consent of Holders of a majority of Class B Units.
Termination and Waiver of Preemptive Rights. The preemptive rights established by this Section 4.12 shall terminate upon the earlier of (x) the date the Debentures are no longer outstanding or (y) the 12 month anniversary of the Effective Date.
