Pengrowth Energy Trust Clause Samples
The 'Pengrowth Energy Trust' clause defines the specific entity referred to as Pengrowth Energy Trust within the agreement. It clarifies that any references to this name pertain to the legal trust established for the purpose of holding and managing energy assets, typically in the oil and gas sector. This clause ensures that all parties understand exactly which organization is being discussed, thereby preventing confusion or ambiguity regarding the identity of the trust and its role in the contract.
Pengrowth Energy Trust. U.S. Underwriting Agreement Page 33 of 63
Pengrowth Energy Trust. (i) the Underwriters shall have received on the Closing Date, a certificate or certificates of the Chief Executive Officer of the Corporation and the Chief Financial Officer of the Corporation for and on behalf of the Corporation to the effect that, as of the Closing Date each of them severally represents as follows:
Pengrowth Energy Trust. (b) The Trust will deliver to the Underwriters at or before the Closing Date, such number of copies of the Registration Statement (including such number of copies of the exhibits filed therewith that may reasonably be requested), including documents incorporated by reference therein, and of all amendments thereto, as the Underwriters may reasonably request.
Pengrowth Energy Trust. The Trust will maintain a transfer agent in accordance with the rules of each of the Exchanges and, if necessary under the jurisdiction of organization of the Trust, a registrar for the Trust Units.
Pengrowth Energy Trust. The Trust shall cause to be provided to the Underwriters such number of copies of any Supplementary Material as the Underwriters may reasonably request for use in connection with the Distribution of the Offered Units. The Underwriters agree that they will not, directly or indirectly, use or distribute the Prospectuses or any Supplementary Material, nor offer, sell or deliver any of the Offered Units in any country or jurisdiction (other than Canada and the United States) except under circumstances that will result in compliance with the applicable laws and regulations thereof in all material respects.
Pengrowth Energy Trust. (e) the right to levy taxes on oil and gas or the income or revenue therefrom and other governmental requirements;
Pengrowth Energy Trust. (jj) Each of the Trust, the Corporation and the Manager is now and will be current and up-to-date with all filings required to be made under the laws of Canada and the provinces and territories thereof, including, without limitation, any extra-provincial filings required to register the Corporation or the Manager as an extra-provincial corporation, except where the failure to make such filings would not have a material adverse effect on the Trust or the Corporation.