Common use of Termination of Certain Covenants Clause in Contracts

Termination of Certain Covenants. The covenants set forth in Section 2.4 shall terminate and be of no further force or effect upon the consummation of a Qualified Public Offering.

Appears in 1 contract

Samples: Investors' Rights Agreement (Osiris Therapeutics Inc)

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Termination of Certain Covenants. The covenants set forth in Section 2.4 shall terminate and be of no further force or effect upon the consummation of a Qualified Public Offeringthe Initial Offering provided that such offering results in the conversion of all outstanding preferred stock.

Appears in 1 contract

Samples: Investors’ Rights Agreement (eHealth, Inc.)

Termination of Certain Covenants. The covenants set forth in Section 2.4 Sections 3.4 through 3.13 shall terminate and be of no further force or effect upon immediately prior to the consummation of (i) the Company’s Initial Offering or (ii) a Qualified Public OfferingLiquidation Event, as that term is defined in the Company’s Restated Certificate.

Appears in 1 contract

Samples: Investors’ Rights Agreement (TESARO, Inc.)

Termination of Certain Covenants. The covenants set forth in Section Sections 2.4 shall terminate and be of no further force or effect upon the consummation of a Qualified Public the Company's Initial Offering.

Appears in 1 contract

Samples: Rights Agreement (Equinix Inc)

Termination of Certain Covenants. The covenants set forth in Section 2.4 Sections 3.5, 3.7, 3.8 and 3.9 shall terminate and be of no further force or effect upon the consummation of the Company's sale of its Common Stock in a Qualified Public Offering.

Appears in 1 contract

Samples: Rights Agreement (Techwell Inc)

Termination of Certain Covenants. The covenants set forth in this Section 2.4 2 shall terminate as to the Investors and the Company and be of no further force or effect upon the consummation of a Qualified Public Offering.an Extraordinary Transaction, which means:

Appears in 1 contract

Samples: Rights Agreement (CreditCards.com, Inc.)

Termination of Certain Covenants. The covenants set forth of the Company contained in Section 2.4 Sections 4.1 through 4.10 shall terminate and be of no further force or effect upon at the time of and subject to the earlier of (a) the closing and funding of a Qualified Public Offering (as defined in the Certificate) or (b) the consummation of a Qualified Public OfferingDeemed Liquidation Event (as defined in the Certificate).

Appears in 1 contract

Samples: Investors’ Rights Agreement (CS Disco, Inc.)

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Termination of Certain Covenants. The covenants set forth in this Section 2.4 2 shall terminate as to the Investors and the Company and be of no further force or effect upon an Extraordinary Transaction (as defined in the consummation Company's Amended and Restated Certificate of a Qualified Public OfferingIncorporation, as amended from time to time).

Appears in 1 contract

Samples: Rights Agreement (CreditCards.com, Inc.)

Termination of Certain Covenants. The covenants set forth -------------------------------- in Section Sections 2.4 shall terminate and be of no further force or effect upon the consummation of a Qualified Public the Company's Initial Offering.

Appears in 1 contract

Samples: Investors' Rights Agreement (Equinix Inc)

Termination of Certain Covenants. The covenants set forth in Section Sections 2.3 and 2.4 shall terminate and be of no further force or effect upon the consummation of a Qualified Public Offeringfirm commitment underwritten initial public offering of securities of the Company.

Appears in 1 contract

Samples: 'S Rights Agreement (Interactive Magic Inc /Md/)

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