Common use of Block Sales Clause in Contracts

Block Sales. In the event the Company engages an Agent for a sale of Placement Shares that would constitute a "block" within the meaning of Rule 10b-18(a)(5) under the Exchange Act (a "Block Sale"), the Company will provide the Agent, at such Agent's request and upon reasonable advance notice to the Company, on or prior to the Settlement Date, the opinions of counsel, accountant's letter and officers' certificates set forth in Section 8 hereof, each dated the Settlement Date, and such other documents and information as the Agent shall reasonably request.

Appears in 2 contracts

Samples: Equity Distribution Agreement (High Tide Inc.), Equity Distribution Agreement (High Tide Inc.)

AutoNDA by SimpleDocs

Block Sales. In the event the Company engages an the Designated Agent for a sale of Placement Shares in a transaction that would constitute a "block" within the meaning of Rule 10b-18(a)(5) under the Exchange Act (a "Block Sale")Act, the Company will provide the Designated Agent, at such the Designated Agent's ’s request and upon reasonable advance notice to the Company, on or prior to the Settlement Date, the opinions of counsel, accountant's comfort letter and officers' certificates set forth in Section 8 5 hereof, each dated the Settlement Date, and such other documents and information as the Designated Agent shall reasonably request.

Appears in 1 contract

Samples: Open Market Sale Agreement (AFC Gamma, Inc.)

Block Sales. In the event the Company engages an Agent for a sale of Placement Shares that would constitute a "block" within the meaning of Rule 10b-18(a)(5) under the Exchange Act (a "Block Sale"), the Company will provide the AgentAgents, at such Agent's ’s request and upon reasonable advance notice to the Company, on or prior to the Settlement Date, the opinions of counsel, accountant's ’s letter and officers' certificates set forth in Section 8 hereof, each dated the Settlement Date, and such other documents and information as the Agent Agents shall reasonably request.

Appears in 1 contract

Samples: Sales Agreement (Aurora Cannabis Inc)

AutoNDA by SimpleDocs

Block Sales. In the event the Company engages an the Agent for a sale of Placement Shares that would constitute a "block" within the meaning of Rule 10b-18(a)(5) under the Exchange Act (a "Block Sale")Act, the Company will provide the Agent, at such the Agent's ’s request and upon reasonable advance notice to the Company, on or prior to the Settlement Date, the opinions of counsel, accountant's ’s letter and officers' certificates set forth in Section 8 4 hereof, each dated the Settlement Date, and such other documents and information as the Agent shall reasonably request.

Appears in 1 contract

Samples: Sales Agreement (Zymeworks Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!