Common use of Market Out Clause in Contracts

Market Out. If, after the date hereof and prior to the Closing Time, the state of financial markets in Canada or the United States is such that, in the opinion of the Agent, acting reasonably, the Offered Shares cannot be marketed profitably, then the Agent shall be entitled, at their option and in accordance with subsection 19(e), to terminate their obligations under this Agreement by written notice to that effect given to the Company at any time at or prior to the Closing Time.

Market Out. If, after the date hereof and prior to the Closing Time, the state of the financial markets in Canada or elsewhere where it is planned to market the United States Offered Securities is such that, in the reasonable opinion of any of the Agent, acting reasonablyAgents, the Offered Shares Securities cannot be marketed profitably, then the such Agent shall be entitled, at their its option and in accordance with subsection 19(eSection 20(f), to terminate their its obligations under this Agreement by written notice to that effect given to the Company Corporation at any time at or prior to the Closing Time.

Market Out. If, after the date hereof and prior to the Closing Time, the state of financial markets in Canada or the United States is such that, in the opinion of the AgentAgents, acting reasonably, the Offered Shares cannot be marketed profitably, then the Agent Agents shall be entitled, at their option and in accordance with subsection 19(eSection 20(e), to terminate their obligations under this Agreement by written notice to that effect given to the Company at any time at or prior to the Closing Time.

Market Out. If, after the date hereof and If at any time prior to the Closing Time, the state of financial markets in Canada or elsewhere where it is planned to market the United States Offered Units is such that, in the reasonable opinion of the Agent, acting reasonablyAgents, the Offered Shares Units cannot be marketed profitably, then the Agent Agents shall be entitled, at their option and in accordance with subsection 19(e)option, to terminate their its obligations under this Agreement by written notice to that effect given to the Company at any time Corporation at or prior to the Closing Time.

Market Out. If, after the date hereof of this Agreement and prior to the Closing Time, the state of financial markets in Canada or Canada, the United States or elsewhere where it is planned to market the Offered Securities is such that, in the reasonable opinion of any of the Agent, acting reasonablyAgents, the Offered Shares Securities cannot be marketed profitably, then the such Agent shall be entitled, at their its option and in accordance with subsection 19(eSection 11(f), to terminate their its obligations under this Agreement by written notice to that effect given to the Company Corporation at any time at or prior to the Closing Time.