Common use of Disaster Out Clause in Contracts

Disaster Out. If there should develop, occur or come into effect or existence any event, action, state, condition or major financial occurrence or catastrophe, war or act of terrorism of national or international consequence or a new or change in any law or regulation which, in the sole opinion of the Agent, acting reasonably, seriously adversely affects or involves, or will seriously adversely affect or involve, the financial markets or the business, operations or affairs of the Company and its Subsidiaries, taken as a whole;

Disaster Out. If there should develop, occur or come into effect or existence any event, action, state, condition or major financial occurrence or catastrophe, war or act of terrorism of national or international consequence or a new or change in any law or regulation which, in the sole opinion of the AgentUnderwriter, acting reasonably, seriously adversely affects or involves, or will seriously adversely affect or involve, the financial markets or the business, operations or affairs of the Company and its Subsidiaries, taken as a whole;; or‌

Disaster Out. If there should develop, occur or come into effect or existence any event, action, state, condition or major financial occurrence or catastrophe, war or act of terrorism of national or international consequence or a new or change in any law or regulation which, in the sole opinion of the AgentAgents, acting reasonably, seriously adversely affects or involves, or will seriously adversely affect or involve, the financial markets or the business, operations or affairs of the Company and its Subsidiaries, taken as a whole;

Disaster Out. If there There should develop, occur or come into effect or existence any event, action, state, condition or major financial occurrence (including terrorism or catastrophe, war or act of terrorism accident) of national or international consequence or a new or change in any law or regulation which, which in the sole reasonable opinion of the Agent, Agent acting reasonablyin good faith, seriously adversely affects or involves, or will could reasonably be expected to seriously adversely affect or involve, the financial markets in Canada or the United States or the business, operations or affairs of the Company and Corporation or its Subsidiaries, taken as a wholeSubsidiaries or the market price or value of the securities of the Corporation;