Common use of Termination of the IPO Demand Clause in Contracts

Termination of the IPO Demand. The IPO Representative, may at any time terminate their request for an IPO Demand. Despite such termination by the IPO Representative, in the event that the Board shall so determine to proceed with the IPO, the IPO shall not be terminated as long as the offering satisfies the definition of “Qualified IPO.” Any ABS Holder and any Investor that has requested its shares of Common Stock to be included in such registration statement pursuant to the Registration Rights Agreement shall continue to have its shares of Common Stock so included unless otherwise determined by the Board in accordance with the Registration Rights Agreement.

Termination of the IPO Demand. The IPO Representative, Demanding Holders may at any time terminate their request for an IPO Demand. Despite such termination by the IPO RepresentativeDemanding Holders, in the event that the Board of Directors shall so determine to proceed with the IPOoffering, the IPO offering shall not be terminated as long as the offering satisfies the definition of “Qualified IPO.” Any ABS Holder and any Investor that has requested its shares of Common Stock Registrable Securities to be included in such registration statement pursuant to the Registration Rights Agreement shall continue to have its shares of Common Stock Registrable Securities so included unless otherwise determined by the Board in accordance with the Registration Rights Agreementof Directors.