Common use of Exchange Acceptance Clause in Contracts

Exchange Acceptance. This Agreement may be subject to the acceptance for filing thereof by the Exchange on which the Managed Entity’s shares are listed for trading. If this Agreement is not accepted for filing by the Exchange, the Parties will forthwith negotiate such amendments to this Agreement as may be necessary to secure such acceptance for filing. If such amendments cannot be mutually agreed upon, then either party may, by notice to the other, terminate this Agreement, provided that in such case all amounts owing for Services pursuant to Section 2.1 incurred prior to the date of such termination will be a debt of the Managed Entity owing to Manager and due and payable forthwith.

Appears in 2 contracts

Samples: Administrative Services Agreement (Almaden Minerals LTD), Management Services Agreement (Jet Metal Corp.)

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Exchange Acceptance. This Agreement may be subject to the acceptance for filing thereof by the Exchange on which the Managed Entity’s Client's shares are listed for trading. If this Agreement is not accepted for filing by the Exchange, the Parties will forthwith negotiate such amendments to this Agreement as may be necessary to secure such acceptance for filing. If such amendments cannot be mutually agreed upon, then either party may, by notice to the other, terminate this Agreement, provided that in such case all amounts owing for Services pursuant to Section 2.1 incurred prior to the date of such termination will be a debt of the Managed Entity Client owing to Manager and due and payable forthwith.

Appears in 1 contract

Samples: Amalgamation Agreement (Jet Metal Corp.)

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Exchange Acceptance. This Agreement may be subject to the acceptance for filing thereof by the Exchange on which the Managed Entity’s 's shares are listed for trading. If this Agreement is not accepted for filing by the Exchange, the Parties will forthwith negotiate such amendments to this Agreement as may be necessary to secure such acceptance for filing. If such amendments cannot be mutually agreed upon, then either party may, by notice to the other, terminate this Agreement, provided that in such case all amounts owing for Services pursuant to Section 2.1 incurred prior to the date of such termination will be a debt of the Managed Entity owing to Manager and due and payable forthwith.

Appears in 1 contract

Samples: Administrative Services Agreement (Almaden Minerals LTD)

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