Common use of Cease Trade Order or Other Investigation Clause in Contracts

Cease Trade Order or Other Investigation. From the date hereof through the earlier of: (i) the Rights Offering Closing Date; and (ii) the termination of the Agreement in accordance with its terms, it will immediately notify Glencore in writing of any written demand, request or inquiry (formal or informal) by any of the Securities Authorities of the NYSE MKT or SEC or other Governmental Entity that concerns any matter relating to the affairs of PolyMet that may affect the Rights Offering, the transactions contemplated herein, or any other matter contemplated by the Agreement, or that relates to the issuance, or threatened issuance, by any such authority of any cease trading or similar order or ruling relating to any securities of PolyMet. Any notice delivered to Glencore as aforesaid will contain reasonable details of the demand, request, inquiry, order or ruling in question. PolyMet will use its best efforts to prevent the issuance of any orders contemplated in this Section 3.1(e) and, if issued, to obtain their prompt withdrawal.

Appears in 3 contracts

Samples: Standby Purchase Agreement (Polymet Mining Corp), Standby Purchase Agreement (Glencore International PLC), Standby Purchase Agreement (Polymet Mining Corp)

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Cease Trade Order or Other Investigation. From the date hereof through the earlier of: (i) the Rights Offering Closing Date; and (ii) the termination of the Agreement in accordance with its termsthis Agreement, it will immediately notify Glencore the Standby Purchasers in writing of any written demand, request or inquiry (formal or informal) by any of Securities Commission, the Securities Authorities of TSX, the NYSE MKT or SEC OTC Bulletin Board or other Governmental Entity that concerns any matter relating to the affairs of PolyMet RBC that may affect the Rights Offering, the transactions contemplated herein, or any other matter contemplated by the this Agreement, or that relates to the issuance, or threatened issuance, by any such authority of any cease trading or similar order or ruling relating to any securities of PolyMetRBC. Any notice delivered to Glencore the Standby Purchasers as aforesaid will contain reasonable details of the demand, request, inquiry, order or ruling in question. PolyMet RBC will use its best efforts to prevent the issuance of any orders contemplated in by this Section 3.1(e) and, if issued, to obtain their prompt withdrawal.

Appears in 2 contracts

Samples: Standby Purchase Agreement (Response Biomedical Corp), Standby Purchase Agreement (Response Biomedical Corp)

Cease Trade Order or Other Investigation. From the date hereof through the earlier of: (ia) the Rights Offering Closing Date; and (iib) the termination of the Agreement in accordance with its terms, it PolyMet will immediately notify Glencore in writing of any written demand, request or inquiry (formal or informal) by any of the Securities Authorities of the NYSE MKT or SEC or other Governmental Entity that concerns any matter relating to the affairs of PolyMet that may affect the Rights Offering, the transactions contemplated herein, or any other matter contemplated by the Agreement, or that relates to the issuance, or threatened issuance, by any such authority of any cease trading or similar order or ruling relating to any securities of PolyMet. Any notice delivered to Glencore as aforesaid will contain reasonable details of the demand, request, inquiry, order or ruling in question. PolyMet will use its best efforts to prevent the issuance of any orders contemplated in this Section 3.1(e) of this Schedule 2 and, if issued, to obtain their prompt withdrawal.

Appears in 1 contract

Samples: Standby Purchase Agreement (Polymet Mining Corp)

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Cease Trade Order or Other Investigation. From the date hereof through the earlier of: (i) the Rights Offering Closing Date; and (ii) the termination of the Agreement in accordance with its terms, it PolyMet will immediately notify Glencore in writing of any written demand, request or inquiry (formal or informal) by any of the Securities Authorities of the NYSE MKT or SEC or other Governmental Entity that concerns any matter relating to the affairs of PolyMet that may affect the Rights Offering, the transactions contemplated herein, or any other matter contemplated by the Agreement, or that relates to the issuance, or threatened issuance, by any such authority of any cease trading or similar order or ruling relating to any securities of PolyMet. Any notice delivered to Glencore as aforesaid will contain reasonable details of the demand, request, inquiry, order or ruling in question. PolyMet will use its best efforts to prevent the issuance of any orders contemplated in this Section 3.1(e3.1(d) of this Schedule 2 and, if issued, to obtain their prompt withdrawal.

Appears in 1 contract

Samples: Standby Purchase Agreement (Polymet Mining Corp)

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