Common use of Termination of Conditions and Obligations Clause in Contracts

Termination of Conditions and Obligations. The restrictions imposed by Article 3 or Article 5 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities upon the termination of the Registration Period with respect to such Registrable Securities.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Medwave Inc), Stock Purchase Agreement (Inverness Medical Innovations Inc), Stock Purchase Agreement (Inverness Medical Innovations Inc)

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Termination of Conditions and Obligations. The restrictions imposed by Article 3 ARTICLE III or Article 5 ARTICLE V upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities upon the termination of the Registration Period with respect to such Registrable Securities.

Appears in 2 contracts

Samples: Collaborative Research & License Agreement (Icagen Inc), Purchase Agreement (Icagen Inc)

Termination of Conditions and Obligations. The restrictions imposed by Article 3 or Article 5 upon the transferability of the Registrable Securities Shares shall cease and terminate as to any particular number of the Registrable Securities Shares upon the termination of the Registration Period with respect to such Registrable SecuritiesShares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Cybex International Inc), Securities Purchase Agreement (Appliance Recycling Centers of America Inc /Mn)

Termination of Conditions and Obligations. The restrictions imposed by Article 3 or Article 5 Section 2.6 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities upon when an opinion of counsel reasonably satisfactory to the termination of Parent shall have been rendered to the Registration Period effect that such conditions are not necessary in order to comply with respect to such Registrable Securitiesthe Securities Act.

Appears in 1 contract

Samples: Registration Rights Agreement (Evolving Systems Inc)

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Termination of Conditions and Obligations. The restrictions imposed by Article 3 III or Article 5 VI upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities upon the termination of the Registration Period with respect to such Registrable Securities.

Appears in 1 contract

Samples: Securities Purchase Agreement (Icagen Inc)

Termination of Conditions and Obligations. The restrictions imposed by Article 3 Section 5.8 or Article 5 Section 7.3 upon the transferability of the Registrable Securities shall cease and terminate as to any particular number of the Registrable Securities upon at such time as an opinion of counsel satisfactory in form and substance to the termination of Company shall have been rendered to the Registration Period effect that such conditions are not necessary in order to comply with respect to such Registrable Securitiesthe Securities Act.

Appears in 1 contract

Samples: Purchase Agreement (Salon Media Group Inc)

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