Common use of THE INVESTOR’S REMEDIES Clause in Contracts

THE INVESTOR’S REMEDIES. 6.1 Pre-Completion Remedies If, at any time before Completion: 6.1.1 there is a Material Adverse Change; 6.1.2 any Government Authority issues, promulgates or enforces any law, regulation, rule, policy, order or notice that prohibits the completion of the transactions contemplated by this Agreement; 6.1.3 there is a material breach of any of the Warrantors’ Warranties as given on the date of this Agreement, or any event occurs which would constitute a material breach of any of the Warrantors’ Warranties as if the Warrantors’ Warranties were repeated on each day before the Completion Date by reference to the facts and circumstances then existing, and for this purpose only any references in the Warrantors’ Warranties to the “date of this Agreement” shall be construed as references to the relevant date; 6.1.4 any Warrantor is in material breach of any provision of this Agreement (including Schedule 5 (Action pending Completion)), the Investor may by notice in writing to the Warrantors terminate this Agreement.

Appears in 2 contracts

Samples: Subscription Agreement (Youdao, Inc.), Subscription Agreement (Youdao, Inc.)

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THE INVESTOR’S REMEDIES. 6.1 7.1 Pre-Completion Remedies If, at any time before Completion: 6.1.1 7.1.1 there is a Material Adverse Change; 6.1.2 7.1.2 any Government Authority issues, promulgates or enforces any law, regulation, rule, policy, order or notice that prohibits the completion of the transactions contemplated by this Agreement; 6.1.3 7.1.3 there is a material breach of any of the Warrantors’ Warranties as given on the date of this Agreement, or any event occurs which would constitute a material breach of any of the Warrantors’ Warranties as if the Warrantors’ Warranties were repeated on each day before the Completion Date by reference to the facts and circumstances then existing, and for this purpose only any references in the Warrantors’ Warranties to the “date of this Agreement” shall be construed as references to the relevant date; 6.1.4 7.1.4 any Warrantor is in material breach of any provision of this Agreement (including Schedule 5 (Action pending Completion)), the Investor may by notice in writing to the Warrantors terminate this Agreement.

Appears in 2 contracts

Samples: Subscription Agreement (Youdao, Inc.), Subscription Agreement (Youdao, Inc.)

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