Common use of Termination of Information Covenants Clause in Contracts

Termination of Information Covenants. The covenants set forth in Section 4.1 and Section 4.2 shall terminate and be of no further force or effect upon the consummation of the Initial Public Offering or when the Company first becomes subject to the periodic reporting requirements of Section 13(a) or 15(d) of the Exchange Act, whichever event occurs first.

Appears in 4 contracts

Samples: Rights Agreement (Silvergate Capital Corp), Investor Rights Agreement (Silvergate Capital Corp), Rights Agreement (Silvergate Capital Corp)

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Termination of Information Covenants. The covenants set forth in Section 4.1 Sections 2.1 and Section 4.2 2.2 shall terminate and be of no further force or effect (i) upon the consummation of an initial public offering of the Initial Public Offering Company’s Common Stock, (ii) upon a “Liquidation Event” (as such term is defined in the Company’s then existing Amended and Restated Certificate of Incorporation) or (iii) when the Company first becomes subject to the periodic reporting requirements of Section 13(aSections 12(g) or 15(d) of the Exchange 1934 Act, whichever event occurs firstshall first occur.

Appears in 2 contracts

Samples: Rights Agreement (SolarEdge Technologies Inc), Rights Agreement (SolarEdge Technologies Inc)

Termination of Information Covenants. The covenants set forth in Section 4.1 and Section 4.2 2.1 shall terminate as to Investors and be of no further force or effect upon when the consummation sale of securities pursuant to a registration statement filed by the Initial Public Offering Company under the Act in connection with the firm commitment underwritten offering of its securities to the general public is consummated or when the Company first becomes subject to the periodic reporting requirements of Section 13(a) Sections 13 or 15(d) of the Exchange 1934 Act, whichever event occurs firstshall first occur.

Appears in 2 contracts

Samples: Rights Agreement (Combimatrix Corp), Rights Agreement (Combimatrix Corp)

Termination of Information Covenants. The covenants set forth in this Section 4.1 and Section 4.2 1.15 shall terminate and be of no further force or effect immediately upon the consummation closing of the Initial First Public Offering or when the Company first becomes subject to the periodic reporting requirements of Section 13(a) or 15(d) of the Exchange Act, whichever event occurs firstOffering.

Appears in 1 contract

Samples: Rights Agreement (Arbinet Thexchange Inc)

Termination of Information Covenants. The covenants set forth in Section 4.1 and Section 4.2 2.1 shall terminate and be of no further force or effect upon the consummation earlier to occur of (i) the effectiveness of the Company’s Initial Public Offering or Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 13(aSections 12(g) or 15(d) of the Exchange 1934 Act, whichever event occurs firstshall first occur or (iii) the consummation of a Liquidation Event.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Valeritas Inc)

Termination of Information Covenants. The covenants set forth in Section 4.1 and Section 4.2 2.1 shall terminate as to Investors and be of no further force or effect upon the consummation of the Initial Qualified Public Offering or when the Company first becomes subject to the periodic reporting requirements of Section 13(a) or 15(d) of the Exchange Act, whichever event occurs firstOffering.

Appears in 1 contract

Samples: Investor Rights Agreement (Finova Capital Corp)

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Termination of Information Covenants. The covenants set forth in Section 4.1 Sections 2.1 and Section 4.2 2.2 shall terminate as to Investors and be of no further force or effect upon the consummation of the Initial Public Offering a Qualifying IPO or when the Company first becomes subject to the periodic reporting requirements of Section 13(aSections 12(g) or 15(d) of the Exchange 1934 Act, whichever event occurs firstshall first occur.

Appears in 1 contract

Samples: Rights Agreement (Seven Networks Inc)

Termination of Information Covenants. The covenants set forth in Section 4.1 and Section 4.2 shall terminate as to the Investor and be of no further force or effect upon on the consummation earlier of (i) the effective date of the Initial Public Offering or Registration Statement, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 13(aSections 12(g) or 15(d) of the Exchange Act, whichever event occurs firstor (iii) the occurrence of a Liquidation Event.

Appears in 1 contract

Samples: Investor Rights Agreement (IntelliHome, Inc.)

Termination of Information Covenants. The covenants set forth in Section 4.1 and Section 4.2 Sections 2.1 shall terminate and be of no further force or effect upon the consummation earliest of (a) the effective date of the Initial Public Offering or IPO; (b) when the Company first becomes subject to the periodic reporting requirements of Section 13(aSections 12(g) or 15(d) of the Exchange 1934 Act, whichever event occurs first; or (c) the Sale of the Company.

Appears in 1 contract

Samples: Investor Rights Agreement (Cohbar, Inc.)

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