Common use of Termination of Certain Covenants Clause in Contracts

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 and 2.10 shall terminate and be of no further force or effect upon the consummation of (i) a bona fide initial public offering in connection with which all of the Company’s outstanding shares of Preferred Stock are converted to shares of Common Stock or (ii) of the dissolution of the Company following a Liquidation Event, as that term is defined in the Company’s Restated Certificate of Incorporation (as amended from time to time).

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.8 and 2.9 and 2.10 shall terminate and be of no further force or effect upon the consummation of (i) a bona fide initial public offering in connection with which all of the Company’s outstanding shares sale of Preferred Stock are converted to shares of its Common Stock or other securities pursuant to Registration Statement under the Act (other than a registration statement relating either to the sale of securities to employees of the Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) or (ii) of the dissolution of the Company following a Liquidation Event, as that term is defined in the Company’s Restated Certificate of Incorporation (as amended from time to time).

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 and 2.10 2.1 through 2.7 shall terminate and be of no further force or effect upon the consummation of (i) a bona fide initial public offering in connection with which all of the Company’s outstanding shares sale of Preferred Stock are converted to shares of its Common Stock or other securities pursuant to a Registration Statement under the Act (other than a registration statement relating either to the sale of securities to employees of the Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) or (ii) of the dissolution of the Company following a Liquidation Event, as that term is defined in the Company’s Amended and Restated Certificate of Incorporation (as amended from time to time).

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 2.7 and 2.10 2.8 shall terminate and be of no further force or effect upon the consummation of (i) a bona fide initial public offering in connection with which all of the Company’s outstanding shares sale of Preferred Stock are converted to shares of its Common Stock or other securities pursuant to Registration Statement under the Act (other than a registration statement relating either to the safe of securities to employees of the Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) or (ii) of the dissolution of the Company following a Liquidation Event, as that term is defined in the Company’s Restated Certificate of Incorporation (as amended from time to time).

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 and 2.10 Section 2.4 shall terminate and be of no further force or effect upon the consummation of (i) a bona fide initial public offering in connection with which all of the Company’s outstanding shares sale of Preferred Stock are converted to shares of its Common Stock or other securities pursuant to Registration Statement under the Act, in the aggregate (other than a registration statement relating either to the sale of securities to employees of the Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) or (ii) of the dissolution of the Company following a Liquidation Event, as that term is defined in the Company’s Amended and Restated Certificate Articles of Incorporation (as amended from time to time).

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 Section 2.5 and 2.10 2.7 shall terminate and be of no further force or effect upon the consummation of the earlier of (ia) a bona fide initial public offering in connection with which all of the Company’s outstanding shares sale of Preferred Stock are converted to shares of its Common Stock or other securities pursuant to Registration Statement under the Act (ii) other than a registration statement relating either to the sale of the dissolution securities to employees of the Company following pursuant to its stock option, stock purchase or similar plan or a transaction under Rule 145 of the Act) and (b) a Liquidation Event, as that term is defined in the Company’s Restated Certificate of Incorporation (as amended from time to time)Certificate.

Termination of Certain Covenants. The Subject to the last sentence of Section 2.5, the covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 2.6 and 2.10 2.7 shall terminate and be of no further force or effect upon the consummation of (ia) a bona fide initial public offering in connection with which all of the Company’s outstanding shares sale of Preferred Stock are converted to shares of its Common Stock or other securities pursuant to a registration statement under the Act (ii) other than a registration statement relating either to the sale of the dissolution securities to employees of the Company following pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) or (b) a Liquidation Event, as that term is defined in the Company’s Amended and Restated Certificate Articles of Incorporation (as amended from time to time).

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 2.6 and 2.10 2.7 shall terminate and be of no further force or effect upon the consummation of (i) a bona fide initial public offering in connection with which all of the Company’s outstanding shares sale of Preferred Stock are converted to shares of its Common Stock or other securities pursuant to a firm commitment underwritten public offering pursuant to an effective Registration Statement under the Act (other than a registration statement relating either to the sale of securities to employees of the Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) or (ii) of the dissolution of the Company following a Liquidation Event, as that term is defined in the Company’s Amended and Restated Certificate of Incorporation (as amended from time to time).

Termination of Certain Covenants. The covenants set forth in Sections 2.5, 2.6, 2.7, 2.8, 2.9 2.6 and 2.10 2.7 shall terminate and be of no further force or effect upon the consummation of (i) a bona fide initial public offering the Company’s sale of its Common Stock or other securities pursuant to Registration Statement under the Act in connection with which all a firm commitment underwritten offering of its securities to the general public (other than a registration statement relating either to the sale of securities to employees of the Company’s outstanding shares of Preferred Stock are converted Company pursuant to shares of Common Stock its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) or (ii) of the dissolution of the Company following a Liquidation Event, as that term is defined in the Company’s Restated Certificate of Incorporation (as amended from time to time).