Common use of Termination by the Issuers Clause in Contracts

Termination by the Issuers. 9.l Termination Events Each of the Izzuerz zhall have the right to terminate itz obligationz under the Securitiez, by giving notice to the Holderz, the Relevant Programme Agent(z) and the Calculation Agent, if it determinez in itz zole and abzolute dizcretion in good faith that itz performance thereunder haz become unlawful or impractical in whole or in part az a rezult of (i) any change in national or international financial, political or economic conditionz or currency exchange ratez, or (ii) compliance in good faith by the relevant Izzuer with any Applicable Law (the circumztancez referred to in (i) and (ii) hereafter referred to az "Termination Events").

Appears in 6 contracts

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