Common use of Termination of Covenants Clause in Contracts

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.9 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPOan initial public offering, or and (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.11(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.6 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.7(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.10 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.11(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.9 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.10(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.7 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the this Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.8(a) above.

Termination of Covenants. (ai) The covenants set forth in Sections 2.1 through Section 2.3 and 2.2 shall terminate as to each Holder Investor and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (bii) The covenants set forth in Sections Section 2.1 and 2.2 shall terminate as to each Holder Investor and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.7(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 2.01 through Section 2.3 2.11 shall terminate as to each Holder and be of no further force or effect upon the earlier to occur of (i) immediately prior to the consummation of a Qualified an IPO, or ; and (ii) upon termination of the Agreement, as provided in Section 3.13.01. (b) The covenants set forth in Sections 2.1 2.01 and 2.2 2.02 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.12(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreemententire Agreement upon a change in control of the Company, as provided in Section 3.14.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.11 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.12(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to (or upon a Change of Control (as defined in the Restated Certificate) where the successor company is subject to) the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events event described in Section subsection 2.4(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 3.1, 3.2 and 3.3 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.14.1. (b) The covenants set forth in Sections 2.1 3.1 and 2.2 3.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a3.4(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.17 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.14.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(athe subsection (a) immediately above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.8 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, IPO or a Change of Control (ii) upon termination of the Agreement, as provided in Section 3.1defined below). (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.5(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.13 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPOan Exit Event (as defined in the Restated Articles), or (ii) upon termination of the Agreementsuch provisions, as provided in Section 3.14.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.14(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through 2.2 and Section 2.3 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 2.2 and 2.2 2.3 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.10 (other than Section 2.8(b)) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, IPO or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 2.1(a) shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.11(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.10(a) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 2.2 and 2.2 2.3 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.12(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.10(a) shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 2.2 and 2.2 2.3 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.11(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 and 2.2 shall terminate as to each Holder Investor and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPOan initial public offering, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections Section 2.1 and 2.2 shall terminate as to each Holder Investor and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.7(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through 2.4 and Section 2.3 2.6 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.8(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.5 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.5(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.18 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.14.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.19(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.5 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 2.1, 2.2 and 2.2 2.5 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.6(a) above.

Termination of Covenants. (a) The covenants set forth in Sections Section 2.1 through and Section 2.3 2.2 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to upon the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections Section 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.3(a) above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.4 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(asubsection (a) immediately above.

Termination of Covenants. (a) The covenants set forth in Sections 2.1 through Section 2.3 2.12 shall terminate as to each Holder and be of no further force or effect (i) immediately prior to the consummation of a Qualified IPO, or (ii) upon termination of the Agreement, as provided in Section 3.1. (b) The covenants set forth in Sections 2.1 and 2.2 shall terminate as to each Holder and be of no further force or effect when the Company first becomes subject to the periodic reporting requirements of Sections 13 or 15(d) of the Exchange Act, if this occurs earlier than the events described in Section 2.4(a2.13(a) above.