Common use of Termination of Information and Inspection Covenants Clause in Contracts

Termination of Information and Inspection Covenants. The covenants set forth in Sections 2.1 and 2.2 shall terminate and be of no further force or effect upon the earlier to occur of (i) a Qualified Initial Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Sections 12(g) or 15(d) of the 1934 Act, whichever event shall first occur or 12.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Hansen Medical Inc)

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Termination of Information and Inspection Covenants. The covenants --------------------------------------------------- set forth in Sections 2.1 3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.7 and 2.2 3.8 shall terminate as to the Holders and be of no further force or effect immediately upon the earlier to occur of (i) a Qualified Initial Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Sections 12(g) or 15(d) consummation of the 1934 Company's sale of its Common Stock in a bona fide, firm commitment underwriting pursuant to a registration statement on Form S-1 under the Act (or a successor form under the Act, whichever event shall first occur or 12).

Appears in 1 contract

Samples: Rights Agreement (Active Software Inc)

Termination of Information and Inspection Covenants. The covenants set forth in Sections 2.1 subsections 4.01(c), (d) and 2.2 (f) and Section 4.02 shall terminate as to Holders and be of no further force or effect upon the earlier to occur of (i) a Qualified Initial Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Sections 12(g) or 15(d) of the 1934 Exchange Act, whichever event shall first occur or 12.

Appears in 1 contract

Samples: Registration Rights Agreement (Nexsan Corp)

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Termination of Information and Inspection Covenants. The covenants set forth in Sections 2.1 and 2.2 shall terminate and be of no further force or effect upon the earlier to occur closing of (i) a Qualified the Initial Offering, (ii) Offering or when the Company first becomes subject to the periodic reporting requirements of Sections 12(g) or 15(d) of the 1934 Act, whichever event shall first occur or 12first.

Appears in 1 contract

Samples: Investors' Rights Agreement (Riskified Ltd.)

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