Change in Law or Policy. In the event of a change in law, or policy of the SEC, as evidenced by a No-Action letter or other written statements of the SEC or FINRA which causes the Investor or the Company to be unable to perform its obligations hereunder, this Agreement shall be automatically terminated, provided that notwithstanding any termination under this Section 6.15, the Investor shall retain full ownership of the Commitment Shares as partial consideration for its commitment hereunder.
Appears in 2 contracts
Samples: Drawdown Equity Financing Agreement (Aqualiv Technologies, Inc.), Drawdown Equity Financing Agreement (Aqualiv Technologies, Inc.)
Change in Law or Policy. In the event of a change in law, or policy of the SEC, as evidenced by a No-Action letter or other written statements of the SEC or FINRA which causes the Investor or the Company to be unable to perform its obligations hereunder, this Agreement shall be automatically terminated, provided that notwithstanding any termination under this Section 6.15, the Investor shall retain full ownership of the Commitment Origination Shares as partial consideration for its commitment hereunder.
Appears in 2 contracts
Samples: Drawdown Equity Financing Agreement, Drawdown Equity Financing Agreement (StrikeForce Technologies Inc.)
Change in Law or Policy. In the event of a change in law, or policy of the SEC, as evidenced by a No-Action letter or other written statements of the SEC or FINRA which causes the Investor or the Company to be unable to perform its obligations hereunder, this Agreement shall be automatically terminated, provided that notwithstanding any termination under this Section 6.156.11, the Investor shall retain full ownership of the Commitment Shares, the Fee Shares and the Cash Document Preparation Fee as partial consideration for its commitment hereunder.
Appears in 2 contracts
Samples: Investment Agreement (Li3 Energy, Inc.), Investment Agreement (Li3 Energy, Inc.)
Change in Law or Policy. In the event of a change in law, or policy of the SEC, as evidenced by a No-Action letter or other written statements of the SEC or FINRA which causes the Investor or the Company to be unable to perform its obligations hereunder, this Agreement shall be automatically terminated, provided that notwithstanding any termination under this Section 6.156.11, the Investor shall retain full ownership of the Commitment Shares andthe Fee Shares as partial consideration for its commitment hereunder.
Appears in 1 contract
Samples: Investment Agreement (Alternate Energy Holdings, Inc.)
