Common use of TERMINATION OF REPURCHASE PROVISIONS Clause in Contracts

TERMINATION OF REPURCHASE PROVISIONS. All of the repurchase rights and obligations contained in this Agreement (excluding, for the avoidance of doubt, any rights arising under Section 6.4 above) shall terminate immediately after the completion of any Disposition Event or Qualified Public Offering; provided, however. that no such termination shall relieve the Company from any obligation or liability with respect to (i) any note issued in accordance with Section 7.1 hereof, or (ii) any repurchase which was deferred pursuant to Section 7.1 and not honored on or before such termination.

TERMINATION OF REPURCHASE PROVISIONS. All of the repurchase rights and obligations contained in this Agreement (excluding, for the avoidance of doubt, any rights arising under Section 6.4 6.3 above) shall terminate immediately after the completion of any Disposition Event or Qualified Public Offering; provided, however. that no such termination shall relieve the Company from any obligation or liability with respect to (i) any note issued in accordance with Section 7.1 hereof, or (ii) any repurchase which was deferred pursuant to Section 7.1 and not honored on or before such termination.