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 with respect to a Stockholder (a) solely with respect to Registrable Shares, on the first date on which such Stockholder’s Voting Percentage is less than 5%, and (b) solely with respect to Registrable Debt, on the first date on which such Stockholder no longer Beneficially Owns any Registrable Debt.

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 date day on which such the Stockholder’s Voting Percentage is less than 5%, and (b) solely with respect to Registrable Debt, on % or the first date day on which such Stockholder there are no longer Beneficially Owns any Registrable DebtSecurities 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 date on which such Stockholder’s the Stockholder Voting Percentage is less than 5%, % and (b) solely with respect to Registrable Debt, on the first date on which such the Stockholder no longer Beneficially Owns beneficially owns any Registrable Debt.