Common use of Termination of Right of First Offer Clause in Contracts

Termination of Right of First Offer. The Right of First Offer granted under this Section 2 of this Agreement shall not apply to, and shall terminate and be of no further force or effect upon the effective date of, the Company’s Initial Public Offering.

Appears in 3 contracts

Sources: Investors' Rights Agreement, Investors’ Rights Agreement (Obalon Therapeutics Inc), Investors’ Rights Agreement (Obalon Therapeutics Inc)

Termination of Right of First Offer. The Right of First Offer granted under this Section 2 of this Agreement shall not apply to, to and shall terminate and be immediately before the earlier to occur of no further force or effect upon the effective date of, (i) the Company’s Initial Public Offeringinitial public offering or (ii) a Liquidating Transaction (as defined in the Restated Certificate).

Appears in 1 contract

Sources: Investors’ Rights Agreement (Aldeyra Therapeutics, Inc.)

Termination of Right of First Offer. The Right right of First Offer first offer granted under this Section 2 2.1 of this Agreement shall not apply to, and shall terminate on and be of no further force or effect upon the effective date of, earlier to occur of the closing of the Company’s Initial Public OfferingOffering or upon a Change of Control of the Company.

Appears in 1 contract

Sources: Investor Rights Agreement

Termination of Right of First Offer. The Right of First Offer granted under this Section 2 of this Agreement shall not apply to, and shall terminate and be of no further force or effect upon the effective date of, the Company’s Initial immediately prior to (a) a Qualified Public OfferingOffering or (b) a Corporate Transaction.

Appears in 1 contract

Sources: Investors’ Rights Agreement (Tobira Therapeutics, Inc.)

Termination of Right of First Offer. The Right right of First Offer first offer granted ----------------------------------- under this Section 2 2.1 of this Agreement shall not apply to, and shall terminate on and be of no further force or effect upon the effective date of, of the Company’s 's Initial Public OfferingOffering or upon a Change of Control of the Company (as defined in Article III of the Company's Amended and Restated Articles of Incorporation).

Appears in 1 contract

Sources: Investor Rights Agreement (Usweb Corp)

Termination of Right of First Offer. The Right of First Offer granted under this Section 2 of this Agreement shall not apply to, and shall terminate and be of no further force or effect upon the effective date of, the Company’s Initial Public Offeringan IPO, in accordance with Section 4.15 of this Agreement.

Appears in 1 contract

Sources: Investors’ Rights Agreement (Montrose Environmental Group, Inc.)