Termination of the Rights Agreement. Effective as of the Effective Time (as defined in the Merger Agreement), the Rights Agreement shall be terminated and be of no further force and effect.
Termination of the Rights Agreement. The Company and the Investor each agree that the Rights Agreement, pursuant to Section 6.8 thereof, is hereby terminated in its entirety effective as of immediately prior to the Closing such that, immediately prior to the Closing, the parties shall have no further rights or obligations under the Rights Agreement, and each party further waives any rights it may have under the terms of the Rights Agreement with respect to the transaction contemplated by the Merger Agreement.
Termination of the Rights Agreement. Notwithstanding any provision in this Amendment or the Rights Agreement to the contrary, the Rights Agreement shall terminate and shall be of no force or effect immediately prior to the Effective Time of the Merger. If the Merger Agreement has been terminated prior to consummation of the Merger, the Rights Agreement shall not terminate and shall continue in full force and effect in accordance with its terms.
Termination of the Rights Agreement. Any and all contracts, agreements, arrangements, and understanding arising under the Rights Agreement are hereby terminated, effective as of the Effective Date, and of no further force or effect, and no rights, duties, obligations, or liabilities arising thereunder or relating thereto shall survive this termination.
Termination of the Rights Agreement. 1.1. Subject to and effective upon the closing of the Proposed Offering (as defined below), OCM GW and the Company both declare that the Rights Agreement is hereby cancelled, terminated and of no further force and effect. OCM GW hereby waives any rights under the Rights Agreement in connection with or relating to the proposed underwritten registered offering of the Company’s shares of its common stock in connection with or related to the Company’s Registration Statement on Form S-1 (Reg. No. 333-163277) initially filed on November 20, 2009, as it may be amended from time to time (the “Proposed Offering”).
1.2. At the request of any party hereto, the appropriate party will, without further consideration, promptly execute and deliver or cause to be executed and delivered, such other instruments and documents as may be reasonably required to carry out the purposes and intent of this Agreement.
Termination of the Rights Agreement. Provided that the Rights ----------------------------------- Agreement has not already been automatically terminated by operation of law as the result of the Company's filing on August 11, 2000 of its Certificate of Dissolution, the Rights Agreement shall be terminated effective as of the date hereof, and thereafter shall be wholly without further legal effect, such that none of the Rights shall be exercisable after the effective date hereof and they shall confer no rights and benefits upon the stockholders of the Company after that date.
Termination of the Rights Agreement. The Rights Agreement is hereby terminated and is of no further force or effect as of the date hereof.
