Common use of Cease Trade Order Clause in Contracts

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.

Appears in 2 contracts

Samples: Agency Agreement (Crosshair Exploration & Mining Corp), Agency Agreement (Crosshair Exploration & Mining Corp)

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Cease Trade Order. In the event that any order, action or proceeding which ceases trades or otherwise operates a stop order exists with respect to prevent or restrict trading in the securities of the Company is made or threatened by a Securities RegulatorCompany, the Agent Agents shall be entitled, at its their sole discretionoption, in accordance with Subsection 7.8 subparagraph 9(h) of this Agreement, to terminate its their obligations under this Agreement (and the obligations of the Purchasers arranged by them it to purchase the FT Units and Subscription Receipts Units) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (Sterling Mining CO)

Cease Trade Order. In the event that any order, action or proceeding which ceases trades or otherwise operates a cease trade order exists with respect to prevent or restrict trading in the securities of the Company is made or threatened by a Securities RegulatorCompany, the Agent Agents shall be entitled, at its their sole discretionoption, in accordance with Subsection 7.8 subparagraph 11(h) of this Agreement, to terminate its obligations under this Agreement (and the obligations of the Purchasers arranged by them it to purchase the FT Units and Subscription Receipts Special Warrants) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (IntelGenx Technologies Corp.)

Cease Trade Order. In the event that any order, action or proceeding which ceases trades or otherwise operates a stop order exists with respect to prevent or restrict trading in the securities of the Company is made or threatened by a Securities RegulatorCompany, the Agent Agents shall be entitled, at its their sole discretionoption, in accordance with Subsection 7.8 subparagraph 9(h) of this Agreement, to terminate its their obligations under this Agreement (and the obligations of the Purchasers arranged by them it to purchase the FT Units and Subscription Receipts Special Warrants) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (Sterling Mining CO)

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Cease Trade Order. In the event that any order, action or proceeding which ceases trades or otherwise operates a stop order exists with respect to prevent or restrict trading in the securities of the Company is made or threatened by a Securities RegulatorCompany, the Agent shall be entitled, at its sole discretionoption, in accordance with Subsection 7.8 subparagraph 10(h) of this Agreement, to terminate its obligations under this Agreement (and the obligations of the Purchasers arranged by them it to purchase the FT Units and Subscription Receipts Receipts) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (U S Gold Corp)

Cease Trade Order. In the event that any order, action or proceeding which ceases trades or otherwise operates a cease order exists with respect to prevent or restrict trading in the securities of the Company is made or threatened by a Securities RegulatorCompany, the Agent shall be entitled, at its sole discretionoption, in accordance with Subsection 7.8 subparagraph 10(h) of this Agreement, to terminate its obligations under this Agreement (and the obligations of the Purchasers arranged by them it to purchase the FT Units and Subscription Receipts Units) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (IntelGenx Technologies Corp.)

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