Common use of Termination of Investment Clause in Contracts

Termination of Investment. The obligation of the Investor to make an Advance to the Company pursuant to this Agreement shall terminate permanently (including with respect to an Advance Date that has not yet occurred) in the event that (i) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of fifty

Appears in 5 contracts

Samples: Equity Distribution Agreement (Videolocity International Inc), Credit Agreement (Ocean Power Corp), Equity Distribution Agreement (Alliance Towers Inc)

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Termination of Investment. The obligation of the Investor to make an Advance to the Company pursuant to this Agreement shall terminate permanently (including with respect to an Advance Date that has not yet occurred) in the event that (i) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of fiftyyet

Appears in 1 contract

Samples: Equity Distribution Agreement (Mediaworx Inc)

Termination of Investment. The obligation of the Investor to make an Advance to the Company pursuant to this Agreement shall terminate permanently (including with respect to an Advance Date that has not yet occurred) in the event that (i) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of fiftytwenty (20) Trading Days during the Commitment Period, for any reason other than deferral or suspensions in accordance with the Registration Rights Agreement as a result of corporate developments subsequent to the Subscription Date that would require such Registration

Appears in 1 contract

Samples: Line of Credit Agreement (Celerity Systems Inc)

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Termination of Investment. The obligation of the Investor to make an Advance to the Company pursuant to this Agreement shall terminate permanently (including with respect to an Advance Date that has not yet occurred) in the event that (i) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of fiftytwenty (20) Trading Days during the Commitment Period, for any reason other than deferral or suspensions in

Appears in 1 contract

Samples: Line of Credit Agreement (Tcpi Inc)

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