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

Termination of Information, Inspection and Observer Rights. The covenants set forth in Section 3.1, Section 3.2 and Section 3.4 shall terminate and be of no further force or effect immediately upon the consummation of a Qualified IPO.

Appears in 3 contracts

Samples: Adherence Agreement (Burning Rock Biotech LTD), Adherence Agreement (Burning Rock Biotech LTD), Adherence Agreement (Burning Rock Biotech LTD)

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Termination of Information, Inspection and Observer Rights. The covenants set forth in Section 3.1, Section 3.2 and Section 3.4 3.3 shall terminate and be of no further force or effect immediately upon prior to the consummation of a Qualified Company’s IPO.

Appears in 2 contracts

Samples: Shareholders’ Agreement (JIAYUAN.COM International LTD), Shareholders’ Agreement (JIAYUAN.COM International LTD)

Termination of Information, Inspection and Observer Rights. The covenants provisions set forth in Section 3.1, Section 3.2 3.2, Section 3.3 and Section 3.4 shall terminate and be of no further force or effect immediately upon the consummation of a Qualified IPO.

Appears in 1 contract

Samples: Shareholders Agreement (Phoenix Tree Holdings LTD)

Termination of Information, Inspection and Observer Rights. The covenants set forth in Section 3.1, 3.1 and Section 3.2 and Section 3.4 shall terminate and be of no further force or effect immediately upon prior to (i) the consummation of the sale of Ordinary Shares in the Qualifying IPO, or (ii) upon the completion of a Qualified IPOLiquidation Event, as such term is defined in the Articles, whichever event shall first occur.

Appears in 1 contract

Samples: Shareholders’ Agreement (Tarena International, Inc.)

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Termination of Information, Inspection and Observer Rights. The covenants set forth in Section 3.1, 3.1 and Section 3.2 and Section 3.4 shall terminate and be of no further force or effect as to any Investor immediately upon prior to the consummation of a Qualified IPO.

Appears in 1 contract

Samples: Shareholders’ Agreement (Dingdong (Cayman) LTD)

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