Common use of Special Resolution Regimes Clause in Contracts

Special Resolution Regimes. In the event that the Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriter that is a Covered Entity or a BHC Act Affiliate of the Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Appears in 4 contracts

Samples: Underwriting Agreement (Social Capital Suvretta Holdings Corp. III), Underwriting Agreement (Social Capital Suvretta Holdings Corp. IV), Underwriting Agreement (Social Capital Suvretta Holdings Corp. II)

AutoNDA by SimpleDocs

Special Resolution Regimes. In the event that the Underwriter Underwriters that is are a Covered Entity becomes become subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriter Underwriters of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriter Underwriters that is are a Covered Entity or a BHC Act Affiliate of the Underwriter becomes Underwriters become subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriter Underwriters are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Appears in 4 contracts

Samples: Underwriting Agreement (Social Capital Suvretta Holdings Corp. I), Underwriting Agreement (Social Capital Suvretta Holdings Corp. IV), Underwriting Agreement (Social Capital Suvretta Holdings Corp. II)

Special Resolution Regimes. In the event that the any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the any Underwriter that is a Covered Entity or a BHC Act Affiliate of the such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the such Underwriter are is permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Appears in 3 contracts

Samples: Underwriting Agreement (Elliott Opportunity II Corp.), Underwriting Agreement (Elliott Opportunity I Corp.), Underwriting Agreement (Elliott Opportunity II Corp.)

Special Resolution Regimes. In the event that the any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the any Underwriter that is a Covered Entity or a BHC Act Affiliate of the such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Appears in 3 contracts

Samples: Underwriting Agreement (Research Alliance Corp. II), Underwriting Agreement (TJX Companies Inc /De/), Underwriting Agreement (TJX Companies Inc /De/)

Special Resolution Regimes. In the event that the any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriter such party of this Agreement, Agreement and any interest and obligation in or under this Agreement, Agreement will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the any Underwriter that is a Covered Entity or a any BHC Act Affiliate of the such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.. As used in Section 21:

Appears in 2 contracts

Samples: Asia and Australia (Canada), Underwriting Agreement (Canada)

AutoNDA by SimpleDocs

Special Resolution Regimes. In the event that the any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. US-DOCS\126081869.6 In the event that the any Underwriter that is a Covered Entity or a BHC Act Affiliate of the such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Appears in 1 contract

Samples: Underwriting Agreement (VMG Consumer Acquisition Corp.)

Special Resolution Regimes. In the event that the any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the any Underwriter that is a Covered Entity or a BHC Act Affiliate of the such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriter such Underwriters are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Appears in 1 contract

Samples: Underwriting Agreement (Artius Acquisition Inc.)

Special Resolution Regimes. In the event that the Underwriter that Cowen is a Covered Entity and becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriter Cowen of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriter that Cowen is a Covered Entity and Cowen or a BHC Act Affiliate of the Underwriter Cowen becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriter Cowen are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Appears in 1 contract

Samples: Sales Agreement (Editas Medicine, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.