Common use of Termination of Registration Obligation Clause in Contracts

Termination of Registration Obligation. The obligation of the Company to register Registrable Securities pursuant to this Article V and maintain the effectiveness of any shelf registration statement filed pursuant to Section 5.1 and Section 5.2 shall terminate on the first day on which the Stockholder’s Voting Percentage is less than 5% or the first day on which there are no longer any Registrable Securities outstanding, whichever is earlier.

Termination of Registration Obligation. The obligation of the Company to register Registrable Securities pursuant to this Article V and maintain the effectiveness of any shelf registration statement filed pursuant to Section 5.1 and Section 5.2 shall terminate with respect to a Stockholder (a) solely with respect to Registrable Shares, on the first day date on which the such Stockholder’s Voting Percentage is less than 5% or %, and (b) solely with respect to Registrable Debt, on the first day date on which there are such Stockholder no longer Beneficially Owns any Registrable Securities outstanding, whichever is earlierDebt.

Termination of Registration Obligation. The obligation of the Company to register Registrable Securities pursuant to this Article V and maintain the effectiveness of any shelf registration statement filed pursuant to Section 5.1 and Section 5.2 shall terminate (a) solely with respect to Registrable Shares, on the first day date on which the Stockholder’s Stockholder Voting Percentage is less than 5% or and (b) solely with respect to Registrable Debt, on the first day date on which there are the Stockholder no longer beneficially owns any Registrable Securities outstanding, whichever is earlierDebt.