Common use of Termination of Certain Covenants Clause in Contracts

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 (other than the covenants set forth in Section 2.4) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of this Agreement, as provided in Section 3. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a).

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 3 (other than the covenants set forth in Section 2.4Sections 3.5 and 3.9) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified Qualifying IPO, or (ii) upon termination of this Agreement, as provided in Section 34. (b) The covenants set forth in Sections 2.1 and 2.2 Section 3.1 shall terminate be suspended as to each Holder and be of no further force or effect when the Company first becomes (and for so long as the Company is) subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a3.9(a).

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 (other than the covenants covenant set forth in Section 2.4) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of this Agreement, as provided in Section 3. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a2.8(a).

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 (other than the covenants set forth in Section 2.4Sections 2.4 and 2.7) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of this Agreement, as provided in Section 3. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a).

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 (other than the covenants set forth in Section 2.4Sections 2.7, 2.8 and 2.13) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of this Agreement, as provided in Section 3. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(dl5(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a2.14(a).

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 (other than the covenants set forth in Section Sections 2.4) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of this Agreement, as provided in Section 3. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a2.7(a).

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 (other than the covenants set forth in Section 2.4) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a the Qualified IPO, or (ii) upon termination of this Agreement, as provided in Section 3. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a).

Termination of Certain Covenants. (a) Each of the covenants set forth in this Section 2 (other than the covenants set forth in Section Sections 2.4) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of this Agreement, as provided in Section 3. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.9(a2.11(a).