Suspension Events definition
Examples of Suspension Events in a sentence
Upon suspension of Services under Section 7.1 Shire shall not be obliged to make the Minimum Financial Commitment for as long as and to the extent that any or all Suspension Events continue to exist.
Notwithstanding any provision herein to the contrary, subject to applicable law, any Suspension Events or as contemplated by Section 3.1(f)(iv) or 3.2(f)(i) each Registration Statement and/or Canadian Prospectus shall be maintained effective pursuant to this Agreement until the Registrable Shares are not Registrable Shares.
The Issuer may not utilize the suspension described in this Section 6.3(d) for more than two (2) Suspension Events in any 12-month period.
The Delay Compensation will begin to accrue on the thirty-first (31st) day falling within one or more Suspension Events in any twelve-month period (or on the first day of any Delay Period in excess of the first two Delay Periods) and will be payable thirty days from that date and each thirty days thereafter until the Registration Statement is brought effective.
In furtherance of (but without limiting) the foregoing, at any time on or after the effective date of the Resale Shelf Registration Statement, any Investor may deliver written notice (an “Opt Out Notice”) to the Company requesting that such Investor thereafter not receive notices from the Company otherwise required by this Agreement, other than notices of Suspension Events to the extent applicable to such Investor; provided, however, that such Investor may later revoke any such Opt Out Notice in writing.