Cease Trade Order. In the event that any order, action or proceeding which ceases trades or otherwise operates to prevent or restrict trading in securities of the Company is made or threatened by a Securities Regulator, the Agent shall be entitled, at its sole discretion, in accordance with Subsection 7.8 of this Agreement, to terminate its obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase the FT Units and Subscription Receipts by written notice to that effect given to the Company prior to the Closing Time.
Cease Trade Order. In the event that any order to cease trading in securities of the Company is made or threatened by a Securities Regulator, which, in the sole opinion of the Agents, operates or could operate to prevent or restrict trading in or distribution of the Common Shares in any of the Selling Jurisdictions, the Agents shall be entitled, at their option, in accordance with subparagraph 7(h) of this Agreement, to terminate their obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase Common Shares) by written notice to that effect given to the Company prior to the Closing Time.
Cease Trade Order. In the event that any order to cease trading in securities of the Company is made or threatened by a securities regulatory authority, the Underwriter shall be entitled, at its option, in accordance with subparagraph 11(f) of this Agreement, to terminate its obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase Special Warrants) by written notice to that effect given to the Company prior to the Special Warrant Closing Time.
Cease Trade Order. In the event that a cease trade order exists with respect to the securities of the Company, the Agents shall be entitled, at their sole option, in accordance with subparagraph 11(h) of this Agreement, to terminate its obligations under this Agreement (and the obligations of the Purchasers arranged by it to purchase the Special Warrants) by written notice to that effect given to the Company prior to the Closing Time.
Cease Trade Order. The Stockholders and Axion Creditors shall promptly take commercially reasonable efforts to cure Axion’s Cease Trade Order currently in place with the British Columbia Securities Commission.
Cease Trade Order. In the event that any order to cease trading in securities of the Company is made or threatened by a Securities Regulator or the SEC, which, in the opinion of the Canadian Placement Agent, acting reasonably, operates, or could operate, to prevent or restrict trading in the Common Shares or the distribution of the Common Shares in the Selling Jurisdictions, the Canadian Placement Agent shall be entitled, at its sole option, to terminate its obligations under this Agreement (and, for greater certainty, in accordance with the Securities Purchase Agreement, the obligations of the Purchasers arranged by it to purchase the Common Shares) by written notice to that effect given to the Company at any time prior to any Closing.
Cease Trade Order. On April 3, 2014, the Commission issued a cease trade order for Kilimanjaro’s shares (CTO) pursuant to section 33.1 of the Act (the failure to comply with filing requirements in Alberta), directing that trading or purchasing cease in respect of any security of Kilimanjaro until the order is revoked or varied. The CTO was amended in February 2015 to reflect Kilimanjaro’s name change to N1 Technologies and remains in effect.
Cease Trade Order. No securities commission or similar regulatory body nor any securities exchange has issued any order preventing or suspending trading in any securities of PTI and PTI is not in default of any requirements of any Applicable Laws relating to securities.
Cease Trade Order. In the event that any order to cease trading in securities of the Corporation is made or threatened by a Securities Regulator, the Underwriter shall be entitled, at its option, in accordance with subparagraph 10(g) of this Agreement, to terminate its obligations under this Agreement (and the obligations of the Purchasers arranged by it to purchase Units) by written notice to that effect given to the Corporation prior to the Closing Time.
Cease Trade Order. In the event that any law or regulation is enacted or changed or any order, action or proceeding is made or threatened by a Securities Regulator or other competent authority, that prevents or restricts trading in or distribution of the securities of the Company, Valdy or the Resulting Issuer in the reasonable opinion of the Agents (or any one of them) materially adversely affects or might reasonably be expected to materially adversely affect the market price or value of the securities of the Company, Valdy or the Resulting Issuer, the Agents (or any one of them) shall be entitled, at their option, in accordance with Section 12(a)(vii) hereof, to terminate their obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase the Subscription Receipts) by written notice to that effect given to the Company prior to the Closing Time.