Termination on Bankruptcy Clause Example from Business Contracts
This example Termination on Bankruptcy clause appears in
4 contracts
from
2 companies
Termination on Bankruptcy. The parties hereto agree that, notwithstanding anything to the contrary in the Agreement or the Equity Definitions, the Transaction constitutes a contract to issue a security of Party B as contemplated by Section 365(c)(2) of the Bankruptcy Code and that the Transaction and the obligations and rights of Party B and Party A (except for any liability as a result of breach of any of the representations or warranties provided by Party B in Section 4 or Section 5 above) shall immediately terminate, w
...ithout the necessity of any notice, payment (whether directly, by netting or otherwise) or other action by Party B or Party A, if, on or prior to the final Settlement Date, Cash Settlement Payment Date or Net Share Settlement Date, an Insolvency Filing occurs or any other proceeding commences with respect to Party B under the Bankruptcy Code (a "Bankruptcy Termination Event").
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Easterly Government Properties, Inc. Contracts
Confirmation of Issuer Share Forward Sale Transaction, dated August 11, 2021, by and between Easterly Government Properties, Inc. and Royal Bank of Canada
(Filed With SEC on August 16, 2021)
Confirmation of Issuer Share Forward Sale Transaction, dated August 11, 2021, by and between Easterly Government Properties, Inc. and Bank of Montreal
(Filed With SEC on August 16, 2021)
Confirmation of Issuer Share Forward Sale Transaction, dated June 19, 2018, by and among Easterly Government Properties, Inc., Citigroup Global Markets Inc. and Citigroup Global...
(Filed With SEC on June 21, 2018)
