Termination Clause Example from Business Contracts

Termination. All of the Company's obligations to register Registrable Securities under Sections 3, 4, and 5 hereof shall terminate with respect to each Investor upon the date on which such Investor no longer holds Registrable Securities or the date on which such Investor's Registrable Securities are eligible for resale without volume or manner of sale restrictions pursuant to Rule 144 and without the requirement for the Company to be in compliance with the current public information requirement under Rule... 144(c), as determined by counsel to the Company pursuant to a written opinion letter to such effect, addressed, delivered and acceptable to the affected Investor. View More