Termination of Rights of First Offer. The rights of first offer established by this Section 5 shall not apply to, and shall terminate upon the effective date of the registration statement pertaining to a Qualified Public Offering.
Appears in 2 contracts
Samples: Investors' Rights Agreement (Buy Com Inc), Investors' Rights Agreement (Buy Com Inc)
Termination of Rights of First Offer. The rights of first offer established by this Section 5 4 shall not apply to, and shall terminate upon the earlier of, (i) the effective date of the registration statement pertaining to a the Qualified Public OfferingOffering or (ii) an Acquisition or Asset Sale.
Appears in 2 contracts
Samples: Investor Rights Agreement (Udemy, Inc.), Investor Rights Agreement (Udemy, Inc.)
Termination of Rights of First Offer. The rights of first offer established by this Section 5 4 shall not apply to, and shall terminate upon the earlier to occur of (i) the effective date of the registration statement pertaining to a the Company's Qualified Public Offering; and (ii) the date on which no shares of Preferred Stock are outstanding.
Appears in 2 contracts
Samples: Investors' Rights Agreement (Formus Communications Inc), Investors' Rights Agreement (Formus Communications Inc)
Termination of Rights of First Offer. The rights of first offer refusal established by this Section 5 4 shall not apply to, and shall terminate upon the earlier of, (i) the effective date of the registration statement pertaining to a the Company’s Qualified Public OfferingIPO or (ii) an Acquisition or Asset Sale.
Appears in 1 contract
