Common use of Termination of Covenants Clause in Contracts

Termination of Covenants. All covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering.

Appears in 3 contracts

Samples: Investor Rights Agreement (Phreesia, Inc.), Registration Rights Agreement (Zipcar Inc), Registration Rights Agreement (Zipcar Inc)

AutoNDA by SimpleDocs

Termination of Covenants. All The covenants of the Company contained set forth in this Section 4 (other than those set forth in Section 4.8 and Section 4.11) shall terminate upon the earlier earliest to occur of: (i) immediately before the consummation of the Initial Offering, (ii) a Sale of the Company or a SPAC merger, provided that the provisions of Section 4.7 and Section 4.12 shall continue after the closing of a any Sale of the Company to the extent necessary to enforce the provisions of Section 4.7 with respect to such Sale or of the closing Company, and (iii) termination of an Initial Public Offeringthis Agreement in accordance with Section 5.7.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (PureTech Health PLC), Investors’ Rights Agreement (PureTech Health PLC), Investors’ Rights Agreement (PureTech Health PLC)

Termination of Covenants. All covenants of the Company contained provided in this Section 4 Sections 7.1-7.4 shall terminate upon (unless earlier terminated in accordance with their terms) the earlier of the closing of a Company Sale or the closing consummation of an Initial Public OfferingOffering or a Sale of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.), Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.)

Termination of Covenants. All Other than the covenants contained in Section 4.13, all covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering.

Appears in 2 contracts

Samples: Investor Rights Agreement (Tangoe Inc), Investor Rights Agreement (Tangoe Inc)

Termination of Covenants. All Other than the covenants contained in Section 4.9, all covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering.

Appears in 2 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Chiasma, Inc)

Termination of Covenants. All covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering.

Appears in 2 contracts

Samples: Investor Rights Agreement (Tangoe Inc), Investor Rights Agreement (Tangoe Inc)

Termination of Covenants. All covenants of the Company contained in this Section 4 (except the covenants set forth in Section 4.5(d) and (e)) shall terminate upon the earlier of the closing of a Company Sale or the closing of an the Initial Public Offering.

Appears in 2 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Agios Pharmaceuticals Inc)

Termination of Covenants. All Other than the covenants contained in Sections 4.15-4.17, all covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering.

Appears in 2 contracts

Samples: Investor Rights Agreement (Constellation Pharmaceuticals Inc), Investor Rights Agreement (Constellation Pharmaceuticals Inc)

Termination of Covenants. All covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale Deemed Liquidation Event or the closing of an Initial Public Offering.

Appears in 2 contracts

Samples: Investor Rights Agreement (Ocular Therapeutix, Inc), Investor Rights Agreement (Ocular Therapeutix, Inc)

Termination of Covenants. All covenants of the Company contained in this Section 4 5 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering; provided, however, that Aisling may earlier terminate any of its rights under this Section 5 at any time by giving written notice to the Company.

Appears in 1 contract

Samples: Investor Rights Agreement (Zeltiq Aesthetics Inc)

Termination of Covenants. All covenants of the Company contained in this Section 4 3 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial a Qualified Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Atomera Inc)

Termination of Covenants. All Other than the covenant contained in Section 4.7, all covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial a Qualified Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Aveo Pharmaceuticals Inc)

Termination of Covenants. All covenants of the Company contained in this This Section 4 shall terminate upon the earlier of the closing of (i) a Company Sale (other than the transactions described in clauses (b)(i) and (c) of the definition of a Company Sale) or (ii) the closing of an Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Iomai Corp)

Termination of Covenants. All covenants of the Company contained in this This Section 4 shall terminate upon the earlier of (a) the closing of a Company Sale or (b) the closing consummation of an Initial a Qualified Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Xanodyne Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Termination of Covenants. All covenants of the Company contained in this Section 4 4.1 other than Sections 4.1(o) and (p) shall terminate terminate, and be of no further force or effect, upon the earlier of the closing of a Company Sale or the closing of an Initial Triggering Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Altus Pharmaceuticals Inc.)

Termination of Covenants. All Other than the covenant contained in Section 4.11, all covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Public Company Sale or the closing of an Initial Public OfferingOffering in which all Preferred Stock converts to Common Stock.

Appears in 1 contract

Samples: Investor Rights Agreement (Epizyme, Inc.)

Termination of Covenants. All Other than the covenants contained in Sections 5.6(b), 5.9 and 5.10, all covenants of the Company contained in this Section 4 5 shall terminate upon the earlier of the closing of a Company Sale or the closing of an the Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Equallogic Inc)

Termination of Covenants. All Other than the covenant contained in Section 4.10, all covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offeringa Qualified IPO; provided, however, that the covenant contained in Section 4.13 shall expire on December 31, 2014.

Appears in 1 contract

Samples: Investor Rights Agreement (Aduro Biotech, Inc.)

Termination of Covenants. All Other than the covenants contained in Sections 4.12 and 4.13, all covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering.

Appears in 1 contract

Samples: Merger Agreement (Tangoe Inc)

Termination of Covenants. All covenants of the Company contained in this This Section 4 shall terminate upon the earlier of (a) the closing of a Company Sale Sale, or (b) the closing consummation of an Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Omrix Biopharmaceuticals, Inc.)

Termination of Covenants. All covenants of the Company contained in this Section 4 (other than the provisions of Section 4.11), shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Qualified Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Adnexus Therapeutics, Inc.)

Termination of Covenants. All covenants of the Company contained in this Section 4 5 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Lyra Therapeutics, Inc.)

Termination of Covenants. All covenants of the Company contained in this Section 4 shall terminate upon the earlier of the closing of a Company Sale or the closing of an Initial a Qualifying Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Sourcefire Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!