Common use of Termination of Voting Agreement Clause in Contracts

Termination of Voting Agreement. The provisions of this Section 8 shall terminate upon the earliest to occur of any one of the following events: (a) the date on which the Investor ceases to Beneficially Own at least 5% of the Total Voting Power; (b) the liquidation, dissolution or indefinite cessation of the business operations of the Company; (c) the execution by the Company of a general assignment for the benefit of creditors or the appointment of a receiver or trustee to take possession of the property and assets of the Company; or (d) a Change of Control.

Appears in 3 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Arthrocare Corp), Securities Purchase Agreement (OEP AC Holdings, LLC)

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Termination of Voting Agreement. The provisions of this Section 8 6 shall terminate and have no further force or effect upon the earliest to occur of any one of the following eventsof: (a) the date on which the Investor ceases to Beneficially Own at least 5% consummation by an Offeror of a Change of Control of the Total Voting PowerCompany; (b) the liquidation, a liquidation or dissolution or indefinite cessation of the business operations of the Company; (c) the execution by date on which the Company of a general assignment for the benefit of creditors or the appointment of a receiver or trustee to take possession Standstill Parties beneficially own voting securities representing less than five percent (5%) of the property and assets voting power of the CompanyShares of Then Outstanding Common Stock; orand (d) a Change the date on which the Common Stock ceases to be registered pursuant to Section 12 of Controlthe Exchange Act.

Appears in 2 contracts

Samples: Investor Agreement, Investor Agreement (Regeneron Pharmaceuticals Inc)

Termination of Voting Agreement. The provisions of this Section 8 5 shall terminate and have no further force or effect upon the earliest to occur of any one of the following eventsof: (a) the date on which the Investor ceases to Beneficially Own at least 5% consummation by an Offeror of a Change of Control of the Total Voting PowerCompany; (b) the liquidation, dissolution expiration or indefinite cessation termination of the business operations of the CompanyRestricted Term; (c) the execution by the Company of a general assignment for the benefit of creditors liquidation or the appointment of a receiver or trustee to take possession of the property and assets dissolution of the Company; orand (d) a Change the date on which the Ordinary Shares cease to be registered pursuant to Section 12 of Controlthe Exchange Act.

Appears in 1 contract

Samples: Investor Agreement (Wave Life Sciences Ltd.)

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Termination of Voting Agreement. The provisions of this Section 8 5 shall terminate and have no further force or effect upon the earliest to occur of any one of the following eventsof: (a) the date on which the Investor ceases to Beneficially Own at least 5% consummation by an Offeror of a Change of Control of the Total Voting PowerCompany; (b) the liquidation, a liquidation or dissolution or indefinite cessation of the business operations of the Company; (c) the execution by date on which the Company of a general assignment for the benefit of creditors or the appointment of a receiver or trustee to take possession Standstill Parties beneficially own voting securities representing less than five percent (5%) of the property and assets voting power of the CompanyShares of Then Outstanding Common Stock; orand (d) a Change the date on which the Common Stock ceases to be registered pursuant to Section 12 of Controlthe Exchange Act.

Appears in 1 contract

Samples: Investor Agreement (Regeneron Pharmaceuticals Inc)

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