Common use of Termination of Article IV Clause in Contracts

Termination of Article IV. This Article IV shall terminate and be of no further force or effect on the earlier to occur of (a) the fifth anniversary of the Closing and (b) the date on which the percentage of the Total Voting Power represented by the aggregate voting power of all Voting Securities then owned by Purchaser (other than any Voting Securities acquired in violation of this Agreement) is greater than 50%.

Appears in 3 contracts

Samples: Investment Agreement (Cd&r Investment Associates Ii Inc), Investment Agreement (Us Office Products Co), Investment Agreement (Itt Corp /Nv/)

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Termination of Article IV. This Article IV shall terminate and be of no further force or effect on the earlier to occur of (a) the fifth anniversary of the Closing and (b) the date on which the percentage of the Total Voting Power represented by the aggregate voting power of all Voting Securities then owned by Purchaser (other than any Voting Securities acquired in violation of this Agreement) is greater than 50%.. ARTICLE V EQUITY PURCHASES FROM THE COMPANY SECTION 5.01

Appears in 3 contracts

Samples: Annex B Investment Agreement (Us Office Products Co), Investment Agreement (Us Office Products Co), Investment Agreement (Us Office Products Co)

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