Common use of Market Out Clause in Contracts

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 Offered Securities is such that, in the reasonable opinion of any of the Agents, the Offered Securities cannot be marketed profitably, then such Agent shall be entitled, at its option and in accordance with Section 20(f), to terminate its obligations under this Agreement by written notice to that effect given to the 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 the financial markets in Canada or elsewhere where it is planned to market the Offered Securities United States is such that, in the reasonable opinion of any of the AgentsAgent, acting reasonably, the Offered Securities Shares cannot be marketed profitably, then such the Agent shall be entitled, at its their option and in accordance with Section 20(fsubsection 19(e), to terminate its their obligations under this Agreement by written notice to that effect given to the Corporation 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 Offered Securities United States is such that, in the reasonable opinion of any of the Agents, acting reasonably, the Offered Securities Shares cannot be marketed profitably, then such Agent the Agents shall be entitled, at its their option and in accordance with Section 20(f20(e), to terminate its their obligations under this Agreement by written notice to that effect given to the Corporation Company at any time 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 the financial markets in Canada 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 Agents, the Offered Securities cannot be marketed profitably, then such Agent shall be entitled, at its option and in accordance with Section 20(f11(f), to terminate its obligations under this Agreement by written notice to that effect given to the Corporation at any time at or prior to the Closing Time.