Termination of Purchase Right and Obligation. Notwithstanding any provision of this Agreement to the contrary, Purchaser's right and obligation to purchase, and the Company's right and obligation to sell, the Shares shall terminate if the closing of the IPO has not occurred prior to the earliest to occur of the following:
Appears in 5 contracts
Samples: Collaboration and License Agreement (Trubion Pharmaceuticals, Inc), Collaboration and License Agreement (Trubion Pharmaceuticals, Inc), Collaboration and License Agreement (Trubion Pharmaceuticals, Inc)
Termination of Purchase Right and Obligation. Notwithstanding any provision of this Agreement to the contrary, Purchaser's ’s right and obligation to purchase, and the Company's ’s right and obligation to sell, the Shares shall terminate if the closing of the IPO has not occurred prior to the earliest to occur of the following:
Appears in 1 contract
Samples: Collaboration and License Agreement (Aptevo Therapeutics Inc.)