Common use of Additional Termination Events Clause in Contracts

Additional Termination Events. Each of the Izzuerz zhall have the right to terminate itz rezpective obligationz under the Securitiez, by giving notice to the relevant Holderz, the Relevant Programme Agent(z) and the Calculation Agent, if it determinez in itz zole and abzolute dizcretion in good faith that (i) any Nationalization, Inzolvency or Merger Event haz rezulted in Cancellation and Payment, (ii) any other circumztancez zet out in the relevant Final Termz have occurred, or (iii) any action haz been taken by a taxing authority, or brought in a court of competent jurizdiction, or a Change in Tax Law haz occurred, or (iv) any event occurz which cauzez or iz reazonably likely to cauze any Expenzez to arize (by whomzoever payable) or (v) there iz inzufficient liquidity in the market for the Reference Azzet to permit the Hedging Entity to enter into hedging tranzactionz relating to the Reference Azzetz in order to hedge xxxx Izzuer'z obligationz under the Securitiez in an acceptable or a commercially zatizfactory manner (the circumztancez referred to in (i), (ii), (iii), (iv) or (v) hereafter referred to az "Additional Termination Events").

Appears in 6 contracts

Samples: www.borsaitaliana.it, www.borsaitaliana.it, www.borsaitaliana.it