Common use of Termination of Conditions and Obligations Clause in Contracts

Termination of Conditions and Obligations. The conditions precedent imposed by Article III or this Article IV upon the transferability of the Shares shall cease and terminate as to any particular number of the Shares when such Shares shall have been sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.

Termination of Conditions and Obligations. The conditions precedent imposed by Article III or this Article IV upon the transferability of the Warrant Shares (but not of this Warrant) shall cease and terminate as to any particular number of the Warrant Shares when such Shares shares shall have been effectively registered under the Act and sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in the Registration Statement registration statement covering such Shares shares or at such time as an opinion of counsel satisfactory to the Company as specified in Section 3.3 shall have been rendered to the effect that such conditions are not necessary set forth in order to comply with the Securities Actlast sentence of Section 3.3.

Termination of Conditions and Obligations. The conditions precedent imposed by Article III or this Article IV upon the transferability of the Shares shall cease and terminate as to any particular number of the Shares when such Shares shall have been sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.

Termination of Conditions and Obligations. The conditions precedent ----------------------------------------- imposed by Article III II or this Article IV V upon the transferability of the Shares shall cease and terminate as to any particular number of the Shares when such Shares shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.

Termination of Conditions and Obligations. The conditions precedent imposed by this Article III or this Article IV upon the transferability of the Shares shall cease and terminate as to any particular number of the Shares when such Shares shall have been effectively registered under the Act and sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in the Registration Statement registration statement covering such Shares or at such time as an opinion of counsel satisfactory to the Company as specified in Section 3.3 shall have been rendered to the effect that such conditions are not necessary set forth in order to comply with the Securities Actlast sentence of Section 3.3.

Termination of Conditions and Obligations. The conditions precedent imposed by Article III II or this Article IV V upon the transferability of the Shares shall cease and terminate as to any particular number of the Shares when such Shares shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.

Termination of Conditions and Obligations. The conditions precedent imposed by Article III II or this Article IV VI upon the transferability of the Shares shall cease and terminate as to any particular number of the Shares when such Shares shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares or at such time as an opinion of counsel satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.

Termination of Conditions and Obligations. The conditions precedent imposed by Article III or this Article IV Articles 3 and 10 upon the transferability of the Purchase Price Shares and Warrant Shares shall cease and terminate as to any particular number of the Shares such shares when such Shares shares shall have been sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares shares or at such time as an opinion of counsel satisfactory to the Company Buyer shall have been rendered to the effect that such conditions are not necessary the Securities may be transferred in order to comply with a transaction exempt from registration under the Securities Act.

Termination of Conditions and Obligations. The conditions precedent imposed by Article III or this Article IV 4 upon the transferability of the Shares shall cease and terminate as to any particular number of the Shares when such Shares shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares or at such time as an opinion of counsel satisfactory to the Company Thermo Electron shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.

Termination of Conditions and Obligations. The conditions precedent imposed by Article III Section 2.2 or this Article IV III upon the transferability of the Shares, the Warrant Shares and the Subsequent Shares shall cease and terminate as to any particular number of the Shares, Warrant Shares and Subsequent Shares when such Shares shares shall have been effectively registered under the Securities Act and sold or otherwise disposed of in accordance with the intended method of disposition set forth in the Registration Statement covering such Shares shares or at such time as an opinion of counsel reasonably satisfactory to the Company shall have been rendered to the effect that such conditions are not necessary in order to comply with the Securities Act.