Common use of Blocking Events Clause in Contracts

Blocking Events. The Investor may, but shall not be required to, purchase any shares of Common Stock from the Company on any Closing Date pursuant to a Company Put Notice or an Investor Call Notice delivered at any time during the Commitment Period when there shall exist any one or more of the following: (A) the withdrawal of the effectiveness of the Registration Statement, (B) the Company's failure to satisfy the requirements of Section 3.2 or 3.3, or (C) any failure or interruption in the compliance by the Company with the covenants provided in Article VI (each of (A), (B), and (C), a "Blocking Event").

Appears in 1 contract

Samples: Line Financing Agreement (Asm International N V)

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Blocking Events. The Investor may, but shall not be required to, purchase any shares of Common Stock from the Company on any Closing Date pursuant to a Company Put Notice or an Investor Call Notice delivered at any time during the Commitment Period when there shall exist any one or more of the following: (A) the withdrawal of the effectiveness of the Registration Statement, (B) the Company's failure to satisfy the requirements of Section 3.2 or 3.3, or (C) any failure or interruption in the compliance by the Company with the covenants provided in Article VI (each of (A), (B), and (C), a "Blocking Event").

Appears in 1 contract

Samples: Equity Line Financing Agreement (Asm International N V)

Blocking Events. The Investor may, but shall not be required to, purchase any shares of Common Stock from the Company on any Closing Date pursuant to Date, nor shall a Company Put Mandatory Purchase Notice or an Investor Call Additional Purchase Notice be delivered at any time during the Commitment Period when there shall exist any one or more of the following: (A) the withdrawal of the effectiveness of the Registration Statement, (B) the Company's failure to satisfy the requirements of Section 3.2 or 3.3, or (C) any failure or interruption in the compliance by the Company with the covenants provided in Article VI (each of (A), (B), and (C), a "Blocking Event")VI.

Appears in 1 contract

Samples: Structured Equity Line Flexible Financin (Sciclone Pharmaceuticals Inc)

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Blocking Events. The Investor may, but shall not be required to, purchase any shares of Common Stock from the Company on any Closing Date pursuant to Date, nor shall a Company Put Notice or an Investor Call Notice be delivered at any time during the Commitment Period when there shall exist any one or more of the following: (A) the withdrawal of the effectiveness of the Registration Statement, (B) the Company's failure to satisfy the requirements of Section 3.2 or 3.3, or (C) any failure or interruption in the compliance by the Company with the covenants provided in Article VI (each of (A), (B), and (C), a "Blocking Event").

Appears in 1 contract

Samples: Structured Equity Line Flexible Financing (Elcom International Inc)

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