Number of Registrable Securities. If the Company shall default in the performance of its obligations set forth herein, this Mandatory Redemption Waiver shall cease to be of further force and effect and the rights, liabilities and obligations of the parties shall be restored to those which would have existed in the absence of this Mandatory Redemption Waiver.
Appears in 3 contracts
Sources: Note Purchase Agreement (Shaman Pharmaceuticals Inc), Note Purchase Agreement (Sugen Inc), Senior Convertible Note (Napro Biotherapeutics Inc)