Common use of Calculation of Contribution Clause in Contracts

Calculation of Contribution. In the event that the Corporation may be held to be entitled to contribution from the Underwriters under the provisions of any statute or at law, the Corporation 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 Underwriters are responsible, as determined in paragraph 12(a); and (ii) the amount of the aggregate fee actually received by the Underwriters from the Corporation under this Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement, Underwriting Agreement (Alamos Gold Inc)

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Calculation of Contribution. In the event that If the Corporation may be held to be entitled to contribution from the Underwriters under the provisions of any statute or at law, the Corporation 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 Underwriters are responsible, as determined in paragraph 12(asubsection 17(a); , and (ii) the amount of the aggregate fee Cash Commission actually received by the Underwriters from the Corporation under this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Farallon Resources Ltd.)

Calculation of Contribution. In the event that the Corporation may be held to be entitled to contribution from the Underwriters under the provisions of any statute or at law, the Corporation shall be limited to contribution in an amount not exceeding the lesser of: (ia) the portion of the full amount of the loss or liability giving rise to such contribution for which the Underwriters are responsible, as determined in paragraph 12(a)section 15.1; and (ii) the amount of the aggregate fee actually received by the Underwriters from the Corporation under this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Glamis Gold LTD)

Calculation of Contribution. In the event that the Corporation may be held to be entitled to contribution from the Underwriters under the provisions of any statute or at law, the Corporation 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 Underwriters are responsible, as determined in paragraph section 12(a)) of this Agreement; and (ii) the amount of the aggregate fee actually received by the Underwriters from the Corporation under this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Lake Shore Gold Corp)

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Calculation of Contribution. In the event that the Corporation may be held to be entitled to contribution from the Underwriters Underwriter under the provisions of any statute or at law, the Corporation 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 Underwriters are Underwriter is responsible, as determined in paragraph 12(a)Section 11(a) of this Agreement; and (ii) the amount of the aggregate fee actually received by the Underwriters Underwriter from the Corporation under this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement

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