Termination of Certain Covenants. The covenants set forth in Sections 3.5, 3.6 and 3.7 shall terminate and be of no further force or effect upon the consummation of (a) the IPO or (b) a Liquidation Event.
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Samples: Investors’ Rights Agreement (Backblaze, Inc.), Investors’ Rights Agreement (Backblaze, Inc.)
Termination of Certain Covenants. The (a) Each of the covenants set forth in this Section 3 (other than the covenants set forth in Sections 3.5, 3.6 3.5 and 3.7 3.9) shall terminate as to each Holder and be of no further force or effect upon (i) immediately prior to the consummation of (a) the IPO a Qualifying IPO, or (bii) a Liquidation Eventupon termination of this Agreement, as provided in Section 4.
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Samples: Investors’ Rights Agreement (MINDBODY, Inc.), Investors’ Rights Agreement (MINDBODY, Inc.)
Termination of Certain Covenants. The covenants set forth in Sections 3.5, 3.6 and 3.7 3.1 to 3.8 shall terminate and be of no further force or effect upon the consummation of a Qualified IPO or, following any Liquidation Event (aas such term is defined in Section 10(A)(2) of the IPO Amended Memorandum), the date on which all monies or (bother assets distributable to all holders of Series A Preferred Shares have been distributed in full in compliance with all provisions set forth in Section 10(A)(2) a Liquidation Eventof the Amended Memorandum.
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Termination of Certain Covenants. The (a) Each of the covenants set forth in this Section 2 (other than the covenants set forth in Sections 3.52.7, 3.6 2.8 and 3.7 2.13) shall terminate as to each Holder and be of no further force or effect upon (i) immediately prior to the consummation of (a) the IPO a Qualified IPO, or (bii) a Liquidation Eventupon termination of this Agreement, as provided in Section 3.
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Termination of Certain Covenants. The covenants set forth in Sections 3.5, 3.6 and 3.7 Section 3.5 shall terminate and be of no further force or effect upon the consummation of (a) the IPO or (b) a Liquidation EventQualified IPO.
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Termination of Certain Covenants. The (a) Each of the covenants set forth in Sections 3.5, 3.6 and 3.7 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 upon (i) immediately prior to the consummation of (a) the IPO Qualified IPO, or (bii) a Liquidation Eventupon termination of this Agreement, as provided in Section 3.
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Samples: Investors’ Rights Agreement (DigitalOcean Holdings, Inc.)
Termination of Certain Covenants. The Each of the covenants set forth in this Section 2 (other than the covenants set forth in Sections 3.52.4, 3.6 2.5, 2.7, 2.8, 2.10 and 3.7 2.11) shall terminate as to each Holder and be of no further force or effect upon (i) immediately prior to the consummation of (a) the IPO a Qualified IPO, or (bii) a Liquidation Eventupon termination of this Agreement, as provided in Section 4.
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