Common use of Calculation of Contribution Clause in Contracts

Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the Underwriter under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is responsible, as determined in subparagraph 11(a), and (ii) the amount of the fee actually received by the Underwriter from the Corporation under this Agreement.

Appears in 9 contracts

Samples: Underwriting Agreement (Central Fund of Canada LTD), Underwriting Agreement (Central Fund of Canada LTD), Underwriting Agreement (Central Fund of Canada LTD)

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Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the Underwriter Underwriters under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is Underwriters are responsible, as determined in subparagraph 11(a)subsection 2(a) of this Schedule “B”, and (ii) the amount of the fee actually received by the Underwriter Underwriters from the Corporation under this the Agreement.

Appears in 3 contracts

Samples: Underwriting Agreement (Algonquin Power & Utilities Corp.), Underwriting Agreement (Algonquin Power & Utilities Corp.), Underwriting Agreement (Algonquin Power & Utilities Corp.)

Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the Underwriter under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is responsible, as determined in subparagraph 11(a), and (ii) the amount of the fee actually received by the Underwriter from the Corporation Trust under this Agreement.

Appears in 3 contracts

Samples: Underwriting Agreement (Central Gold-Trust), Underwriting Agreement (Central GoldTrust), Underwriting Agreement (Central GoldTrust)

Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the Underwriter Underwriters under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is Underwriters are responsible, as determined in subparagraph 11(a), and (ii) the amount of the fee actually received by the Underwriter Underwriters from the Corporation Trust under this Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement (Central GoldTrust), Underwriting Agreement (Central GoldTrust)

Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the Underwriter Underwriters under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is Underwriters are responsible, as determined in subparagraph 11(a), and (ii) the amount of the fee actually received by the Underwriter Underwriters from the Corporation under this Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement (Central Fund of Canada LTD), Underwriting Agreement (Placer Dome Inc)

Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from one or more of the Underwriter Underwriters under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the an Underwriter is responsible, as determined in subparagraph Subparagraph 11(a), and (ii) the amount of the fee actually received by the Underwriter from the Corporation under this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Western Silver Corp)

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Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the Underwriter Underwriters under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is Underwriters are responsible, as determined in subparagraph 11(a)2(a) of this Schedule “B”, and (ii) the amount of the fee actually received by the Underwriter Underwriters from the Corporation under this the Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Algonquin Power & Utilities Corp.)

Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the an Underwriter or Underwriters under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is responsible, as determined in subparagraph 11(a), and (ii) the amount of the fee actually received by the Underwriter from the Corporation under this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Algonquin Power & Utilities Corp.)

Calculation of Contribution. In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from the Underwriter Underwriters under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of: (i) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriter is Underwriters are responsible, as determined in subparagraph 11(a)2(a) of this Schedule “A”, and (ii) the amount of the fee actually received by the Underwriter Underwriters from the Corporation under this the Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Algonquin Power & Utilities Corp.)

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