Termination of Affirmative Covenants. The covenants set forth in this Article 6 shall be of no further force or effect upon the closing of the Company’s Qualified IPO.
Appears in 3 contracts
Samples: Investor Rights Agreement (Index Venture Associates III LTD), Investor Rights Agreement (Minerva Neurosciences, Inc.), Investor Rights Agreement (Minerva Neurosciences, Inc.)
Termination of Affirmative Covenants. The covenants set forth in this Article 6 5 (other than Section 5.6) shall be of no further force or effect upon the closing of the Company’s Qualified Public Offering or a Deemed Liquidation Event (as such term is defined in the Amended and Restated Certificate of Incorporation). The covenants set forth in Sections 5.1 and 5.2 shall be of no further force or effect upon the closing of any IPO.
Appears in 2 contracts
Samples: Rights Agreement, Investor Rights Agreement (Tengion Inc)
