Common use of Change in Closing Date Clause in Contracts

Change in Closing Date. If a Material Change occurs after the date of filing of the Final Prospectus with the applicable Regulatory Authorities and prior to the Closing Date, then, subject to Article 8, the Closing Date will be, unless the Company and the Standby Guarantors otherwise agree in writing, the later of the previously scheduled Closing Date and the sixth Business Day following the date on which all applicable filings or other requirements of the Securities Laws with respect to such Material Change have been complied with in all Qualifying Jurisdictions and any appropriate documents obtained for such filings and notice of such filings from the Company or the Company's counsel have been received by the Guarantors. For greater certainty, under no circumstances will the exercise period for the Rights Offering exceed ninety (90) days.

Appears in 2 contracts

Samples: Guarantee Agreement (Clay Thomas Moragne), Guarantee Agreement (Golden Queen Mining Co LTD)

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Change in Closing Date. If a Material Change occurs after the date of filing of the Final Prospectus Rights Offering Circular with the applicable Regulatory Authorities and prior to the Closing Date, then, subject to Article Section 8, the Closing Date will be, unless the Company and the Standby Guarantors otherwise agree in writing, the later of the previously scheduled Closing Date and the sixth Business Day following the date on which all applicable filings or other requirements of the Securities Laws with respect to such Material Change have been complied with in all Qualifying Jurisdictions and any appropriate documents obtained for such filings and notice of such filings from the Company or the Company's counsel have been received by the Guarantors. For greater certainty, under no circumstances will the exercise period for the Rights Offering exceed ninety (90) days.

Appears in 2 contracts

Samples: Guarantee Agreement (Imperial Metals Corp), Guarantee Agreement (Imperial Metals Corp)

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Change in Closing Date. If a Material Change material change occurs after the date of filing of the Final Prospectus Rights Offering Circular with the applicable Regulatory Authorities and prior to the Closing Date, then, subject to Article 8, the Closing Date will be, unless the Company and the Standby Guarantors Guarantor otherwise agree in writing, the later of the previously scheduled Closing Date and the sixth Business Day following the date on which all applicable filings or other requirements of the Securities Laws with respect to such Material Change material change have been complied with in all Qualifying Jurisdictions and any appropriate documents obtained for such filings and notice of such filings from the Company or the Company's counsel have been received by the Guarantors. For greater certainty, under no circumstances will the exercise period for the Rights Offering exceed ninety (90) daysStandby Guarantor.

Appears in 1 contract

Samples: Guarantee Agreement (Mountain Province Diamonds Inc.)

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