Common use of Termination in Certain Events Clause in Contracts

Termination in Certain Events. This Agreement shall be subject to termination in the absolute discretion of the Representatives, by notice given to the Company, if (a) after the execution and delivery of this Agreement and prior to the Closing Time (i) trading generally shall have been suspended or materially limited on the New York Stock Exchange or on any other exchange on which the Company’s common stock is listed, (ii) a general moratorium on commercial banking activities in the State of New York shall have been declared by either Federal or New York State authorities, (iii) trading of any securities of, or guaranteed by, the Company shall have been suspended on any exchange or in any over-the-counter market, (iv) a material disruption has occurred in commercial banking or securities settlement or clearance services in the United States or (v) there shall have occurred any material adverse change in the financial markets, material outbreak or escalation of hostilities or other national or international calamity or crisis of such magnitude and severity in its effect on the financial markets of the United States and (b) such event singly or together with any other such event makes it, in the reasonable judgment of the Representatives, impracticable to market the Securities on the terms and in the manner contemplated in the Prospectus.

Termination in Certain Events. This Agreement shall be subject to termination in the absolute discretion of the Representatives, by written notice given to the Company, if (a) after the execution and delivery of this Agreement and prior to the Closing Time Date (i) trading generally shall have been suspended or materially limited on or by, as the case may be, any of the New York Stock Exchange, the American Stock Exchange, the National Association of Securities Dealers, Inc., the Chicago Board of Options Exchange, the Chicago Mercantile Exchange or on any other exchange on which the Company’s common stock is listedChicago Board of Trade, (ii) a general moratorium on commercial banking activities in the State of New York shall have been declared by either Federal or New York State authorities, (iii) trading of any securities of, or guaranteed by, of the Company shall have been suspended on any exchange or in any over-the-counter market, (iviii) a material disruption has occurred in general moratorium on commercial banking activities in New York shall have been declared by either Federal or securities settlement or clearance services in the United States New York State authorities, or (viv) there shall have occurred any material adverse change in the financial markets, material outbreak or escalation of hostilities or other national any change in financial markets or international any calamity or crisis of such magnitude and severity that, in its effect on the financial markets reasonable judgment of the United States Manager, is material and adverse and (b) in the case of any of the events specified in clauses (a)(i) through (iv), such event singly or together with any other such event makes it, in the the reasonable judgment of the RepresentativesManager, impracticable to market the Securities on the terms and in the manner contemplated in the Prospectus.

Termination in Certain Events. This Agreement shall be subject to termination in the absolute discretion of the RepresentativesRepresentative, by notice given to the Company, if (a) after the execution and delivery of this Agreement and prior to the Closing Time (i) trading generally shall have been suspended or materially limited on the New York Stock Exchange or on any other exchange on which the Company’s common stock is Securities are listed, (ii) a general moratorium on commercial banking activities in the State of New York shall have been declared by either Federal or New York State authorities, (iii) trading of any securities of, of or guaranteed by, by the Company shall have been suspended on any exchange or in any over-the-counter market, (iv) a material disruption has occurred in commercial banking or securities settlement or clearance services in the United States or (v) there shall have occurred any material adverse change in the financial markets, material outbreak or escalation of hostilities or other national or international calamity or crisis of such magnitude and severity in its effect on the financial markets of the United States and (b) such event singly or together with any other such event makes it, in the reasonable judgment of the RepresentativesRepresentative, impracticable to market the Securities on the terms and in the manner contemplated in the Prospectus.