Common use of Termination of Agreement and Investment Obligation Clause in Contracts

Termination of Agreement and Investment Obligation. The Company shall have the right to terminate this Agreement at any time upon thirty (30) days' written notice to the Investor. The Investor shall have the right to immediately terminate this Agreement (including with respect to any Put, notice of which has been given but the applicable Closing Date has not yet occurred) in accordance with Section 6.12 or in the event that: (i) the Registration Statement with respect to Registrable Securities relating to the Early Put and the Note Conversion Shares is not effective within ninety (90) days following the Subscription Date, (ii) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of thirty (30) Trading Days during the Commitment Period, or (iii) the Company shall at any time fail to comply with the requirements of Section 6.2, 6.3, 6.4, 6.5, 6.6, 6.8 or 6.9.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fibercore Inc)

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Termination of Agreement and Investment Obligation. The -------------------------------------------------- Company shall have the right to terminate this Agreement at any time upon thirty (30) 30 days' written notice to the Investor. The Investor shall have the right to immediately terminate this Agreement (including with respect to any PutSubsequent Sale, notice of which has been given but the applicable Closing Date has not yet occurred) in accordance with Section 6.12 or in the event that: (i) any Registration Statement has not been declared effective by the SEC within the applicable time periods set forth in Section 1.1 of the Registration Statement with respect to Registrable Securities relating to the Early Put and the Note Conversion Shares is not effective within ninety (90) days following the Subscription DateRights Agreement, (ii) there shall occur any stop order or suspension of the effectiveness of the any Registration Statement for an aggregate of thirty (30) 30 Trading Days during the Commitment Period, or (iii) the Company shall at any time fail to comply with the requirements of Section 6.2, 6.3, 6.4, 6.5, 6.6, 6.8 or 6.9.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dauphin Technology Inc)

Termination of Agreement and Investment Obligation. The Company shall have the right to terminate this Agreement at any time upon thirty (30) days' written notice to the Investor. The Investor shall have the right to immediately terminate this Agreement (including with respect to any Put, notice of which has been given but the applicable Closing Date has not yet occurred) in accordance with Section 6.12 or in the event that: (i) the Registration Statement with respect to Registrable Securities relating to the Early Put and the Note Conversion Shares is not effective within ninety one hundred twenty (90120) days following the Subscription Date, (ii) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of thirty (30) Trading Days during the Commitment Period, or (iii) the Company shall at any time fail to comply with the requirements of Section 6.2, 6.3, 6.4, 6.5, 6.6, 6.8 or 6.9.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Access Technologies Inc)

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Termination of Agreement and Investment Obligation. The Company shall have the right to terminate this Agreement at any time upon thirty (30) days' written notice to the Investor. The Investor shall have the right to immediately terminate this Agreement (including with respect to any Put, notice of which has been given but the applicable Closing Date has not yet occurred) in accordance with Section 6.12 or in the event that: (i) the Registration Statement with respect to Registrable Securities relating shares of Common Stock purchased through the first Put is not effective within one hundred and fifty (150) days following the Subscription Date, (ii) a Registration Statement with respect to the Early shares of Common Stock purchased through any subsequent Put and the Note Conversion Shares is not effective within ninety (90) days following the Subscription applicable Closing Date, (iiiii) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of thirty (30) Trading Days during the Commitment Period, or (iiiiv) the Company shall at any time fail to comply with the requirements of Section 6.2, 6.3, 6.4, 6.5, 6.5 or 6.6, 6.8 or 6.9(v) the Company has given to the Investor thirty (30) days' written notice of termination of this Agreement and such obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Crescent International LTD)

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