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

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 and 8.2 shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified IPO, (ii) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Liquidation Event.

Appears in 4 contracts

Samples: Shareholders Agreement (Nobao Renewable Energy Holdings LTD), Shareholders Agreement (SKY-MOBI LTD), Shareholders Agreement (Nobao Renewable Energy Holdings LTD)

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Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 2.1 and 8.2 2.2 hereof shall terminate and be of no further force or effect upon the earlier occurrence of to occur of: (i) the closing consummation of a Qualified IPO, or (ii) a Deemed Liquidation Event whereby all the date that Investors have fully exercised their liquidation right and have been fully paid all the Company becomes subject distributions pursuant to the reporting requirements Memorandum and Articles of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Liquidation EventAssociation.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (XCHG LTD), Investors’ Rights Agreement (XCHG LTD), Investors’ Rights Agreement (XCHG LTD)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 and Section 8.2 shall terminate and be of no further force or effect upon the earlier occurrence of (ia) the closing of a Qualified IPO, (iib) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iiic) a Liquidation Event.

Appears in 2 contracts

Samples: Shareholders’ Agreement (CooTek(Cayman)Inc.), Shareholders’ Agreement (CooTek(Cayman)Inc.)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 and 8.2 shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified IPO, (ii) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amendedExchange Act; or (iii) a Liquidation Event.

Appears in 2 contracts

Samples: Senior Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD), Shareholders Agreement (Nobao Renewable Energy Holdings LTD)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 and 8.2 shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified IPO, IPO and (ii) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Liquidation Event.

Appears in 2 contracts

Samples: Shareholders Agreement (Global Education & Technology Group LTD), Shareholders Agreement (ATA Inc.)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 and 8.2 shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified IPO, IPO or (ii) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Liquidation Event.

Appears in 2 contracts

Samples: Shareholders Agreement (Visionchina Media Inc.), Shareholders Agreement (Visionchina Media Inc.)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 2.4(a) and 8.2 2.4(b) shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified an IPO, (ii) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Liquidation Event.

Appears in 1 contract

Samples: Shareholders Agreement (Actions Semiconductor Co., Ltd.)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 and 8.2 shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified IPO, IPO and (ii) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Liquidation Event. The information and inspection rights set forth in Sections 8.1 and 8.2 shall terminate at the time the Investor ceases to hold any Preferred Shares.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Acorn International, Inc.)

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Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 2.1, 2.2, 2.3 and 8.2 2.4 shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified IPO, or (ii) the date that liquidation, winding up or dissolution of the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or a Liquidation Event under clause (iii) a of the definition of “Liquidation Event” only.

Appears in 1 contract

Samples: Shareholders Agreement (BEST Inc.)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 2.1 and 8.2 2.2 hereof shall terminate and be of no further force or effect upon the earlier occurrence of earliest to occur of: (i) the closing consummation of a Qualified IPO, or (ii) a Deemed Liquidation Event whereby all the date that Investors have fully exercised their liquidation right and have been fully paid all the Company becomes subject distributions pursuant to the reporting requirements of Section 13 and Section 15 Article 3.02 of the Securities Act Memorandum and Articles of 1934, as amended; or (iii) a Liquidation EventAssociation.

Appears in 1 contract

Samples: Shareholders’ Agreement (LinkDoc Technology LTD)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 4.1 and 8.2 Section 4.2 shall terminate and be of no further force or effect upon shall terminate on the earlier occurrence of (i) the closing of a Qualified IPO, and (ii) the date that the Company becomes subject to the reporting requirements occurrence of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Deemed Liquidation Event.

Appears in 1 contract

Samples: Fourth Amended and Restated Shareholders Agreement (Soulgate Inc.)

Termination of Information and Inspection Rights. The rights and covenants set forth in Sections 8.1 10.1 and 8.2 10.2 shall terminate and be of no further force or effect upon the earlier occurrence of (i) the closing of a Qualified IPO, IPO or (ii) the date that the Company becomes subject to the reporting requirements of Section 13 and Section 15 of the Securities Act of 1934, as amended; or (iii) a Liquidation Event.

Appears in 1 contract

Samples: Amended and Restated Shareholders Agreement (China Hydroelectric Corp)

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