Common use of Termination of Investment Obligation Clause in Contracts

Termination of Investment Obligation. This Agreement and the Investor's obligation to purchase shares of Common Stock hereunder shall automatically terminate (including with respect to any Put, notice of which has been given but the applicable Closing Date has not yet occurred) and the Investor may, at its sole discretion, terminate this Agreement in the event that (i) the Registration Statement is not effective within ninety (90) days following the date required therefor in the Registration Rights Agreement; (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, for any reason other than deferrals or suspension during a Blackout Period in accordance with the Registration Rights Agreement, as a result of corporate developments subsequent to the Subscription Date that would require such Registration Statement to be amended to reflect such event in order to maintain its compliance with the disclosure requirements of the Securities Act or (iii) the Company shall at any time fail to comply with the requirements of Section 6.3, 6.4, 6.5 or 6.6.

Termination of Investment Obligation. This The obligation of Investor pursuant to this Agreement and the Investor's obligation to purchase shares of Common Stock hereunder shall automatically shall, at Investor’s option, terminate permanently (including with respect to any Put, notice of which has been given but the applicable a Closing Date that has not yet occurred) and the Investor may, at its sole discretion, terminate this Agreement in the event that (i) the Registration Statement is not effective within ninety (90) days following the date required therefor in the Registration Rights Agreement; (iia) there shall occur any stop order or suspension of the effectiveness of the any Registration Statement for an aggregate of thirty (30) consecutive Trading Days during the Commitment Period, for any reason other than deferrals or suspension during a Blackout Period in accordance with the Registration Rights Agreement, as a result of corporate developments subsequent to the Subscription Date date hereof that would require such Registration Statement to be amended to reflect such event in order to maintain its compliance with the disclosure requirements of the Securities Act Act; (b) such obligation is terminated by the Investor as provided in Section 2 (b) of the Registration Rights Agreement or (iiic) the Company shall at any time fail to comply with the requirements of Section 6.3, 6.4, 6.5 or 6.66.6 and such failure shall continue for more than thirty (30) days.

Termination of Investment Obligation. This Agreement and the Investor's obligation to purchase shares of Common Stock Put Shares hereunder shall automatically terminate (including with respect to any Put, notice of which has been given but the applicable Closing Date has not yet occurred) and the Investor may, at its sole discretion, terminate this Agreement in the event that (i) the Registration Statement is not effective within ninety (90) days following the date required therefor in the Registration Rights Agreement; (iia) 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, Period for any reason other than deferrals or suspension during a Blackout Period in accordance with the Registration Rights Agreement, Agreement as a result of corporate developments subsequent to the Subscription Date that would require such Registration Statement to be amended to reflect such event in order to maintain its compliance with the disclosure requirements of the Securities Act Act; or (iiib) the Company shall at any time fail to comply with the requirements of Section Sections 6.3, 6.4, 6.5 or 6.6.

Termination of Investment Obligation. This Agreement and the The Investor's obligation to purchase shares of Common Stock hereunder shall automatically terminate (including with respect to any Put, notice of which has been given but the applicable Closing Date has not yet occurred) and the Investor may, at its sole discretion, terminate this Agreement in the event that (i) the Registration Statement is not effective within ninety (90) days following the date required therefor in the Registration Rights Agreement; Agreement or (ii) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of thirty sixty (3060) Trading Days during the Commitment Period, for any reason other than deferrals or suspension during a Blackout Period in accordance with the Registration Rights Agreement, as a result of corporate developments subsequent to the Subscription Date that would require such Registration Statement to be amended to reflect such event in order to maintain its compliance with the disclosure requirements of the Securities Act or (iii) the Company shall at any time fail to comply with the requirements of Section 6.3, 6.4, 6.5 or 6.6.