Common use of Delivery of the Units and Closing Mechanics Clause in Contracts

Delivery of the Units and Closing Mechanics. The Company shall deliver, or cause to be delivered, to the Co-Lead Underwriters for the accounts of the Underwriters, the Firm Units at the First Closing Date against the irrevocable release of a wire transfer of immediately available funds for the amount of the Offering Price therefor. The Company shall also deliver, or cause to be delivered, to the Co-Lead Underwriters for the accounts of the Underwriters, the Additional Units at the applicable Option Closing Date against the irrevocable release of a wire transfer of immediately available funds for the amount of the Offering Price therefor. The Units shall be registered in such names and denominations as the Co-Lead Underwriters shall have requested at least one full business day prior to the First Closing Date (or the applicable Option Closing Date, as the case may be). Deliveries of the documents described in Section 6 hereof with respect to the purchase of the Units shall be made at the offices of Xxxxxx Xxxxxx Xxxxxxx LLP in Toronto, Ontario at 8:30 a.m. (Toronto time), or at such other place as the Co-Lead Underwriters and the Company may agree, on the First Closing Date, or the Option Closing Date, as the case may be. Time shall be of the essence, and delivery at the time and place specified in this Agreement is a further condition to the obligations of the Underwriters.

Appears in 2 contracts

Samples: Underwriting Agreement (Energy Fuels Inc), Underwriting Agreement (Energy Fuels Inc)

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Delivery of the Units and Closing Mechanics. The Company shall deliver, or cause to be delivered, to the Co-Lead Underwriters for the accounts of the Underwriters, the Firm Units at the First Closing Date against the irrevocable release of a wire transfer of immediately available funds for the amount of the Offering Price therefor. The Company shall also deliver, or cause to be delivered, to the Co-Lead Underwriters for the accounts of the Underwriters, the Additional Units at the applicable Option Closing Date against the irrevocable release of a wire transfer of immediately available funds for the amount of the Offering Price therefor. The Units shall be registered in such names and denominations as the Co-Lead Underwriters shall have requested at least one full business day prior to the First Closing Date (or the applicable Option Closing Date, as the case may be). Deliveries of the documents described in Section 6 hereof with respect to the purchase of the Units shall be made at the offices of Xxxxxx Xxxxxx Xxxxxxx LLP Xxxxx Xxxxxxxx Law Corp. in TorontoVancouver, Ontario British Columbia at 8:30 a.m. (Toronto time), or at such other place as the Co-Lead Underwriters and the Company may agree, on the First Closing Date, or the Option Closing Date, as the case may be. Time shall be of the essence, and delivery at the time and place specified in this Agreement is a further condition to the obligations of the Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Avino Silver & Gold Mines LTD)

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Delivery of the Units and Closing Mechanics. The Company shall deliver, or cause to be delivered, to the Co-Lead Underwriters CIBC for the accounts of the UnderwritersUnderwriters an electronic deposit representing the Unit Shares and the Warrants, or as the Firm Units at Underwriters may direct, on the First Closing Date or as soon as possible thereafter, against the irrevocable release of a wire transfer of immediately available funds for the amount of the Offering Price therefor. The Company shall also deliver, or cause to be delivered, to the Co-Lead Underwriters CIBC for the accounts of the Underwriters, an electronic deposit representing the Additional Units Over-Allotment Units, Over-Allotment Shares, and/or Over-Allotment Warrants the Underwriters have agreed to purchase at the First Closing Date or the applicable Option Closing Date Date, as the case may be, against the irrevocable release of a wire transfer of immediately available funds for the amount of the Offering Price offering price therefor. The Units Unit Shares and the Warrants shall be registered in such names and denominations as the Co-Lead Underwriters CIBC shall have requested at least one two full business day days prior to the First Closing Date (or the applicable Option Closing Date, as the case may be). Deliveries of the documents described in Section 6 7 hereof with respect to the purchase of the Units Offered Securities shall be made at the offices of Xxxxxx Xxxxxx Xxxxxxx Dentons Canada LLP in Torontoat 8:00 a.m., Ontario at 8:30 a.m. (Toronto time), or at such other place as the Co-Lead Underwriters and the Company may agree, agree on the First Closing Date, Date (or the applicable Option Closing Date, as the case may be). Time shall be of the essence, and delivery at the time and place specified in this Agreement is a further condition to the obligations of the Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Dragonwave Inc)

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