Common use of Termination of Right Clause in Contracts

Termination of Right. The right of first offer granted hereunder shall expire immediately prior to the first to occur of the following: (i) the closing of an IPO; or (ii) the effectiveness of a Change of Control involving solely cash or securities of a successor entity which are then listed on the NASDAQ Stock Market, the American Stock Exchange, the NYSE or an internationally recognized stock exchange approved by holders of a majority of the Series C Preference Shares.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (BCD Semiconductor Manufacturing LTD), Investors’ Rights Agreement (BCD Semiconductor Manufacturing LTD)

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Termination of Right. The right of first offer granted hereunder shall expire immediately prior to the first to occur of the following: (i) the closing of an IPO; or , and (ii) the effectiveness of a Change of Control involving solely cash or securities of a successor entity which are then listed on the NASDAQ Stock Market, the American Stock Exchange, the NYSE or an internationally recognized stock exchange approved by holders of a majority of the Series C Preference SharesControl.

Appears in 2 contracts

Samples: Members Agreement (Credo Technology Group Holding LTD), Members Agreement (Credo Technology Group Holding LTD)

Termination of Right. The right of first offer granted hereunder shall expire immediately prior to the first to occur of the following: (ia) the occurrence of the Qualified IPO, or (b) the closing of an IPO; or (ii) the effectiveness of a Change of Control involving solely cash or securities of a successor entity which are then listed on the NASDAQ Stock Market, the American Stock Exchange, the NYSE or an internationally recognized stock exchange approved by holders of a majority of the Series C Preference SharesTrade Sale.

Appears in 1 contract

Samples: Shareholders’ Agreement (Tudou Holdings LTD)

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Termination of Right. The right of first offer granted hereunder shall expire immediately prior to the first to occur of the following: (i) the closing of an the IPO; or , and (ii) the effectiveness of a Change of Control involving solely cash or securities of a successor entity which are then listed on the NASDAQ Stock Market, the American Stock Exchange, the NYSE or an internationally recognized stock exchange approved by holders of a majority of the Series C Preference SharesLiquidation Event.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Aerohive Networks, Inc)

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