Common use of TERMINATION OF CERTAIN TRANSFER PROVISIONS Clause in Contracts

TERMINATION OF CERTAIN TRANSFER PROVISIONS. Upon the consummation of an Initial Public Offering, Sections 4.3, 4.4 and 4.8 hereof shall terminate. The Company shall be under no obligation to undertake the filing of an Initial Public Offering.

Appears in 1 contract

Samples: Subscription Agreement (TNPC Inc)

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TERMINATION OF CERTAIN TRANSFER PROVISIONS. Upon the consummation of an Initial Public Offering, Sections 4.33.2, 4.4 3.3, 3.4, 3.5 and 4.8 3.7 hereof shall automatically terminate. The Company shall be under no obligation to undertake the filing or completion of an Initial Public Offering.

Appears in 1 contract

Samples: Subscription Agreement (TNPC Inc)

TERMINATION OF CERTAIN TRANSFER PROVISIONS. Upon the consummation of an Initial Public Offering, Sections 4.32.2, 4.4 2.3, 2.4, 2.5 and 4.8 2.7 hereof shall automatically terminate. The Company shall be under no obligation to undertake the filing or completion of an Initial Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (TNPC Inc)

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TERMINATION OF CERTAIN TRANSFER PROVISIONS. Upon the consummation of a firm commitment underwritten public offering of Common Stock (an "Initial Public Offering"), Sections 4.33.2, 4.4 3.3, 3.4, 3.5 and 4.8 3.7 hereof shall automatically terminate. The Company shall be under no obligation to undertake the filing or completion of an Initial Public Offering.

Appears in 1 contract

Samples: Employee Subscription Agreement (TNPC Inc)

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