Common use of Cease Trade Order Clause in Contracts

Cease Trade Order. If 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 Flow-Through 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.

Appears in 1 contract

Samples: Agency Agreement (Kirkland Lake Gold Inc)

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Cease Trade Order. If 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 Flow-Through Shares Units 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.

Appears in 1 contract

Samples: Agency Agreement (Kirkland Lake Gold Inc)

Cease Trade Order. If 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 AgentsAgents (or any one of them), acting reasonably, operates or could operate to prevent or restrict trading in or distribution of the Flow-Through Shares Units in any of the Selling Jurisdictions, the Agents (or any one of them) shall be entitled, at their option, in accordance with subparagraph 7(hSection 8(h) of this Agreement, to terminate their obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase Common Sharesthe Units) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (Counterpath Corp)

Cease Trade Order. If 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 AgentsAgents (or any of them), acting reasonably, operates or could operate to prevent or restrict trading in or distribution of the Flow-Through Shares Units in any of the Selling Jurisdictions, the Agents (or any of them) shall be entitled, at their option, in accordance with subparagraph subsection 7(h) of this Agreement, to terminate their obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase Common Sharesthe Units) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (Argentex Mining Corp)

Cease Trade Order. If 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 AgentsAgent, acting reasonably, operates or could operate to prevent or restrict trading in or distribution of the Flow-Through Shares Units in any of the Selling Jurisdictions, the Agents Agent shall be entitled, at their its option, in accordance with subparagraph subsection 7(h) of this Agreement, to terminate their its obligations under this Agreement (and the obligations of the Purchasers arranged by them it to purchase Common Sharesthe Units) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (Quaterra Resources Inc)

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Cease Trade Order. If 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 Flow-Through 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.

Appears in 1 contract

Samples: Agency Agreement (Kirkland Lake Gold Inc)

Cease Trade Order. If In the event that any order to cease trading in securities of the Company Corporation is made or threatened by a Securities Regulator, which, in the sole opinion of the AgentsAgent, acting reasonably, operates or could operate to prevent or restrict trading in or distribution of the Flow-Through Shares Offered Securities in any of the Selling JurisdictionsJurisdictions or other jurisdictions, the Agents Agent shall be entitled, at their its option, in accordance with subparagraph 7(h) subsection 15.8 of this Agreement, to terminate their its obligations under this Agreement (and the obligations of the Purchasers arranged by them it to purchase Common Sharesthe Offered Securities) by written notice to that effect given to the Company Corporation prior to the Closing TimeDate.

Appears in 1 contract

Samples: Agency Agreement

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