Common use of Termination by the Investor Clause in Contracts

Termination by the Investor. The Investor may terminate the right of the Company to effect any Draw Downs under this Agreement upon one (i) Trading Day's notice if any of the following events (each, an "Event of Default") shall occur: (a) The Company or any Subsidiary shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for all or substantially all of its property or business; or such a receiver or trustee shall otherwise be appointed; (b) Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings for relief under any bankruptcy law or any law for the relief of debtors shall be instituted by or against the Company or any subsidiary of the Company; or

Termination by the Investor. The Investor may terminate the right of the Company to effect any Draw Downs under this Agreement upon one (i) Trading Daybusiness day's notice if any of the following events (each, an "Event of Default") shall occur: (a) The Company or any Subsidiary subsidiary shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for all or substantially all of its property or business; or such a receiver or trustee shall otherwise be appointed;; or (b) Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings for relief under any bankruptcy law or any law for the relief of debtors shall be instituted by or against the Company or any subsidiary of the Company; or.

Termination by the Investor. The Investor may terminate the right of the Company to effect any Draw Downs under this Agreement upon one (i1) Trading Daybusiness day's notice if any of the following events (each, an "Event of Default") shall occur: (a) The Company or any Subsidiary subsidiary shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for all or substantially all of its property or business; or such a receiver or trustee shall otherwise be appointed;; or (b) Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings for relief under any bankruptcy law or any law for the relief of debtors shall be instituted by or against the Company or any subsidiary of the Company; or.