Common use of Termination of Status as Registrable Shares Clause in Contracts

Termination of Status as Registrable Shares. Registrable Shares will cease to be Registrable Shares and cease to have the rights accorded to such shares under this Agreement upon the earliest to occur of the following events: (x) such shares shall have been sold pursuant to an effective Registration Statement under the Securities Act or (y) such shares shall have been sold pursuant to a transaction under Rule 144.

Termination of Status as Registrable Shares. Registrable Shares will cease to be Registrable Shares and cease to have the rights accorded to such shares Registrable Shares under this Agreement upon the earliest to occur of the following events: (xa) such shares shall have been sold pursuant to an effective Registration Statement under the Securities Act Act; or (yb) such shares Registrable Shares shall have been sold pursuant to a transaction under Rule 144.

Termination of Status as Registrable Shares. Registrable Shares will cease to be Registrable Shares and cease to have the rights accorded to such shares under this Agreement upon the earliest to occur of the following events: (x) such shares shall have been sold pursuant to an effective Registration Statement under the Securities Act or (y) such shares shall have been sold (or have become eligible for sale without limitation as to volume) pursuant to a transaction under Rule 144.

Termination of Status as Registrable Shares. Registrable Shares will cease to be Registrable Shares and cease to have the rights accorded to such shares under this Agreement upon the earliest to occur of the following events: (xi) such shares shall have been sold disposed of pursuant to an effective Registration Statement under the Securities Act or Act, (yii) such shares shall have been sold transferred pursuant to a transaction under Rule 144144 or (iii) such shares shall have become eligible for sale under Rule 144(k) under the Securities Act (or its successor).