Common use of Termination of Certain Covenants Clause in Contracts

Termination of Certain Covenants. The obligations of the Company under Sections 6.1, 6.2 and 6.3 of this Agreement shall terminate and shall be of no further force and effect upon completion of an initial public offering by the Company.

Termination of Certain Covenants. The obligations of the Company under covenants set forth in this Sections 6.1, 6.2 and 6.3 of this Agreement 2.1 through Section 2.11 shall terminate and shall be of no further force and or effect upon completion the consummation of an initial public offering by a Qualified Public Offering, at such time as the CompanyCompany is required to file reports pursuant to Section 13 or 15(d) of the 1934 Act or upon a Liquidation Event (as defined in the Restated Certificate).

Termination of Certain Covenants. The obligations of the Company under covenants set forth in these Sections 6.1, 6.2 and 6.3 of this Agreement 5.1 through 5.7 shall terminate and shall be of no further force and or effect upon completion (a) the consummation of an initial public offering by a Qualifying Public Offering; (b) upon a Deemed Liquidation Event, as such term is defined in the Company’s then effective Amended and Restated Articles of Incorporation; and (c) the Company first becoming subject to the periodic reporting requirements of Sections 12(g) or 15(d) of the Exchange Act, whichever event shall first occur.

Termination of Certain Covenants. The obligations of the Company under Sections 6.12.1, 6.2 2.2 and 6.3 of this Agreement 2.3 hereof shall terminate and shall be of no further force and or effect upon completion concurrent with the effectiveness of an initial public offering by the Company's Initial Public Offering, or when the Company first becomes subject to the periodic reporting requirements of Sections 12(g) or 15(d) of the 1934 Act, whichever event shall first occur.