Common use of Termination Events Clause in Contracts

Termination Events. Each of the Issuers shall have the right to terminate its obligations under the Securities, by giving notice to the Holders, the Programme Agent and the Calculation Agent, if it determines in its sole and absolute discretion in good faith that its performance thereunder has become unlawful or impractical in whole or in part as a result of (i) any change in national or international financial, political or economic conditions or currency exchange rates, or (ii) compliance in good faith by the relevant Issuer with any Applicable Law (the circumstances referred to in (i) and (ii) hereafter referred to as "Termination Events").

Termination Events. Each of the Issuers shall have the right to terminate its obligations under the Securities, by giving notice to the Holders, the Relevant Programme Agent Agent(s) and the Calculation Agent, if it determines in its sole and absolute discretion in good faith that its performance thereunder has become unlawful or impractical in whole or in part as a result of (i) any change in national or international financial, political or economic conditions or currency exchange rates, or (ii) compliance in good faith by the relevant Issuer with any Applicable Law (the circumstances referred to in (i) and (ii) hereafter referred to as "Termination Events").