Termination of Certain Rights and Obligations. Notwithstanding the foregoing provisions of this Agreement, the rights to registration pursuant to Sections 7.1 and 7.2, the obligations of Purchasers pursuant to Section 7.4(a), and the obligations of Issuer and the holders of 25% or more of its equity securities pursuant to Section 7.4(b) shall terminate as to any particular Registrable Securities that shall have been (a) sold in a registered public offering, (b) sold through a broker, dealer or underwriter in a public distribution or a public securities transaction in which the transferee receives a certificate without a securities legend or (c) sold or distributed pursuant to Rule 144.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Omnipoint Corp \De\), Securities Purchase Agreement (Voicestream Wireless Holding Corp), Securities Purchase Agreement (Voicestream Wireless Corp)
Termination of Certain Rights and Obligations. Notwithstanding the foregoing provisions of this Agreement, the rights to registration pursuant to Sections 7.1 5.1 and 7.25.2, the obligations of Purchasers Purchaser pursuant to Section 7.4(a5.4(1), and the obligations of Issuer and the holders of 25% or more of its equity securities pursuant to Section 7.4(b5.4(2) shall terminate as to any particular Registrable Securities that shall have been (a) sold in a registered public offering, (b) sold through a broker, dealer or underwriter in a public distribution or a public securities transaction in which the transferee receives a certificate without a securities legend or legend, (c) sold or distributed pursuant to Rule 144144 or (d) eligible for sale under Rule 144 within a 60-day period.
Appears in 2 contracts
Samples: Securities Purchase Agreement (East West Communications Inc), Securities Purchase Agreement (Omnipoint Corp \De\)
