Common use of Indication of Interest Clause in Contracts

Indication of Interest. No offer by a Purchaser to buy Securities will be accepted and no part of the Subscription Amount will be delivered to the Company until the Purchaser has received the Prospectus and the Company has accepted such offer by countersigning a copy of this Agreement, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to the Company sending (orally, in writing or by electronic mail) notice of its acceptance of such offer. This Agreement will constitute only an indication of interest and will involve no obligation or commitment of any kind until a Purchaser has been delivered the Prospectus and the Prospectus Supplement, and this Agreement is accepted and countersigned by or on behalf of the Company and delivered to such Purchaser.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Aeterna Zentaris Inc.), Securities Purchase Agreement (Aeterna Zentaris Inc.), Securities Purchase Agreement (Aeterna Zentaris Inc.)

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