Action by the Underwriters Sample Clauses
The "Action by the Underwriters" clause defines the procedures and authority under which the underwriters may act on behalf of all parties involved in a securities offering. Typically, this clause outlines how decisions are made collectively by the underwriters, such as appointing a lead underwriter to coordinate actions, or specifying the required majority for making binding decisions. Its core practical function is to streamline decision-making and ensure coordinated action among multiple underwriters, thereby preventing confusion or delays during the offering process.
Action by the Underwriters. All steps which must or may be taken by the Underwriters in connection with this Agreement, with the exception of matters relating to termination, waiver and the settlement of any indemnity claim may be taken by you on your behalf and on behalf of the other Underwriters, and the execution of this Agreement shall constitute the Corporation’s authority for accepting notification of any such steps or instructions by you.
Action by the Underwriters. Any action under this Agreement taken by Raym▇▇▇ ▇▇▇e▇ & ▇ssociates, Inc. will be binding upon the Underwriters.
Action by the Underwriters. All steps, including the granting of any waivers, which must or may be taken by the Underwriters in connection with the agreement resulting from the Company's acceptance of this offer, with the exception of the matters relating to termination contemplated by Section 8, may be taken by NBF on behalf of itself and H▇▇▇▇▇▇ Securities Inc. and the execution of this agreement by H▇▇▇▇▇▇ Securities Inc. and by the Company shall constitute the Company's authority and obligation for accepting notification of any such steps from, and for delivering the certificates representing the Offered Securities and the Compensation Warrants to or to the order of, NBF. NBF shall fully consult with H▇▇▇▇▇▇ Securities Inc. with respect to all notices, waivers, extensions or other communications to or with the Company.
Action by the Underwriters. All steps which must or may be taken by the Underwriters in connection with this Agreement, with the exception of the matters relating to termination contemplated by Section9or matters relating to indemnity and contribution contemplated by Section10, may be taken by the Joint Bookrunners on their own behalf and on behalf of the other Underwriters and the execution and delivery of this Agreement by the Company and the Underwriters shall constitute the authority of the Company for accepting any notice, request, direction, certificate, consent or other communication from the Joint Bookrunners (or either of them) and for delivery by electronic deposit or otherwise the Subscription Receipts to Cormark. Nothing in this Agreement is intended to create any relationship in the nature of a partnership or joint venture between the Underwriters.
Action by the Underwriters. All steps which must or may be taken by the Underwriters in connection with this Agreement, with the exception of the matters relating to termination contemplated by Section 13 or matters relating to indemnity and contribution contemplated by Sections 14 and 15, may be taken by the Eight Capital on behalf of itself and the Underwriters and the execution and delivery of this Agreement by the Corporation and the Underwriters shall constitute the Corporation’s authority for accepting any notice, request, direction, certificate, consent or other communication from Eight Capital and for delivering the Units by electronic deposit or otherwise to, or to the order of, Eight Capital. Eight Capital agrees to use its best efforts consult with the other Underwriters with respect to all material matters. The rights and obligations of the Ag Underwriters under this Agreement shall be several and not joint nor joint and several.
