Termination Clause Example from Business Contracts

This example Termination clause appears in 4 contracts from 4 companies

Termination. This Agreement shall be subject to termination in the absolute discretion of the Representative, by notice given to the Company prior to delivery of and payment for the Offered Securities, if at any time prior to such delivery and payment (i) trading in the Offered Securities shall have been suspended by the Commission, or trading in securities generally on the New York Stock Exchange or Nasdaq (or successor trading 23 market) shall have been suspended or limited or minimum prices shall have bee...n established on such exchange or trading market, (ii) a banking moratorium shall have been declared either by Federal or New York State authorities, (iii) there shall have occurred a material disruption in commercial banking or securities settlement or clearance services, (iv) there shall have occurred any outbreak or escalation of hostilities, declaration by the United States of a national emergency or war, or other national or international calamity or crisis (including, without limitation, an act of terrorism) or change in economic or political conditions the effect of which on financial markets is such as to make it, in the sole judgment of the Representative, impractical or inadvisable to proceed with the offering or delivery of the Offered Securities as contemplated by the Statutory Prospectus or the Prospectus (exclusive of any supplement thereto), (v) since the respective dates as of which information is given in the Registration Statement, the Statutory Prospectus and the Prospectus, there shall have occurred any material adverse change or any development involving a prospective material adverse change in or affecting the earnings, business, management, properties, assets, rights, operations, condition (financial or otherwise) or prospects of the Company, whether or not arising in the ordinary course of business, (vi) the enactment, publication, decree or other promulgation of any statute, regulation, rule or order of any court or other governmental authority which in the opinion of the Representative materially and adversely affects or may materially and adversely affect the business or operations of the Company, or (vii) the taking of any action by any governmental body or agency in respect of its monetary or fiscal affairs which in the opinion of the Representative has a material adverse effect on the securities markets in the United States. View More
Found in Social Capital Suvretta Holdings Corp. I contract
Social Capital Suvretta Holdings Corp. I Contracts

Underwriting Agreement, dated as of June 29, 2021, between the Company and Morgan Stanley & Co. LLC (Filed With SEC on July 2, 2021)

Social Capital Suvretta Holdings Corp. III Contracts

Underwriting Agreement, dated as of June 29, 2021, between the Company and Morgan Stanley & Co. LLC (Filed With SEC on July 2, 2021)

Social Capital Suvretta Holdings Corp. II Contracts

Underwriting Agreement, dated as of June 29, 2021, between the Company and Morgan Stanley & Co. LLC (Filed With SEC on July 2, 2021)

Social Capital Suvretta Holdings Corp. IV Contracts

Underwriting Agreement, dated as of June 29, 2021, between the Company and Morgan Stanley & Co. LLC (Filed With SEC on July 2, 2021)