Termination of Article III. Notwithstanding anything to the contrary contained herein, this Article III shall terminate upon an Investor Rights Termination Event.
Termination of Article III. This Article III shall terminate and be of no further force or effect on the second anniversary of the Closing Date, provided that such termination shall not relieve any party of liability for such party’s breach of this Article III prior to such termination.
Termination of Article III. This Article III shall terminate and be of no further effect at such time as the Shares Beneficially Owned by Stockholder no longer constitute at least 10% of the outstanding Common Stock.
Termination of Article III. The covenants set forth in this Article III shall terminate upon the earliest to occur of (i) immediately prior to the consummation of a Qualified Public Offering or (ii) upon a Liquidation Event (as defined in the Certificate of Incorporation).
Termination of Article III. This Article III shall terminate upon the earlier of (i) a sale of all or substantially all of the assets or business of the Company, by merger, sale of assets or otherwise, or (ii) termination of the Research Program Term.
Termination of Article III. Notwithstanding anything to the contrary contained in this ARTICLE VIII:
(a) The provisions of ARTICLE III shall continue with respect to each applicable Synergy Insurance Policy, for such period of time following the date upon which the Synergy Entities hold shares of ContraVir common stock representing less than a majority of the total outstanding shares of ContraVir common stock as is permitted in the applicable insurance policy but, in no event, for more than ninety (90) days; and
(b) Synergy’s obligation to maintain the Synergy Insurance Policies for the ContraVir Entities, and, except as provided in Section 8.04 below, ContraVir’s obligation to pay or reimburse Synergy, as the case may be, for the expenses resulting from such Synergy Insurance Policies shall cease as of the applicable date determined in accordance with this Section 8.03; provided, however, nothing in this Section 8.03 shall eliminate Insurance Coverage for a claim pending as of the date of termination until such time as replacement coverage has been obtained. Synergy shall provide ContraVir with prior written notice of termination of Insurance Coverage pursuant to this Section 9.03 as soon as reasonably practical after Synergy’s determination of the date upon which the Synergy Entities hold shares of ContraVir common stock representing less than a majority of the total outstanding shares of ContraVir common stock.
Termination of Article III. The restrictions set forth in this Article III shall be of no further effect with respect to the Shares held by any Stockholder as of the completion of the Transfer Restriction Period.
Termination of Article III. The covenants set forth in this Article III shall terminate on the date at which the sale of securities pursuant to an underwritten initial public offering of the Company’s Common Stock is consummated.
Termination of Article III. The rights and restrictive covenants -------------------------- contained in this Article III will terminate (and will not apply in connection with): (i) immediately prior to the Qualified IPO or (ii) upon the acquisition of all or substantially all the assets of the Company. GENERAL PROVISIONS ------------------
Termination of Article III. MDS may terminate Article III of this Agreement by delivery of written notice to ALL LINK LIVE, if ALL LINK LIVE shall materially breach the provisions of Article III of this Agreement and such breach continues uncured for at least thirty (30) days after written notice thereof provided that such a breach is curable during such period. If such breach is not capable of being cured within such thirty (30) day period, ALL LINK LIVE need only take reasonable steps to initiate such cure during such period. ALL LINK LIVE may terminate Article III of this Agreement at any time by delivering written notice to MDS; provided, however, that ALL LINK LIVE shall pay MDS the Royalty for the month subsequent to the delivery of such notice and MDS shall provide the Update and/or Upgrade for such month. The parties hereto acknowledge and agree that, notwithstanding termination of Article III pursuant to this Section 5.4, the remaining terms and conditions of this Agreement, including, without limitation, the License, shall continue in full force and effect.
