Common use of Profitably Marketed Clause in Contracts

Profitably Marketed. In the event that prior to the Closing Time, the state of the Canadian, U.S. or international financial markets is such that, in the sole opinion of the Agents, the Units cannot be profitably marketed, the Agents shall be entitled at their sole option, in accordance with subparagraph 9(h) of this Agreement, to terminate their obligations under this Agreement by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (Sterling Mining CO)

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Profitably Marketed. In the event that prior to the Closing Time, the state of the Canadian, U.S. or international financial markets is such that, in the sole opinion of the AgentsAgent, the Units cannot be profitably marketed, the Agents Agent shall be entitled at their its sole option, in accordance with subparagraph 9(h10(h) of this Agreement, to terminate their its obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase Units) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (IntelGenx Technologies Corp.)

Profitably Marketed. In the event that prior to the Closing Time, the state of the Canadian, U.S. or international financial markets is such that, in the sole opinion of the Agents, the Units Special Warrants cannot be profitably marketed, the Agents shall be entitled at their sole option, in accordance with subparagraph 9(h) of this Agreement, to terminate their obligations under this Agreement by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (Sterling Mining CO)

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Profitably Marketed. In the event that prior to the Closing Time, the state of the Canadian, U.S. or international financial markets is such that, in the sole opinion of the Agents, the Units Special Warrants cannot be profitably marketed, the Agents shall be entitled at their sole option, in accordance with subparagraph 9(h11(h) of this Agreement, to terminate their obligations under this Agreement (and the obligations of the Purchasers arranged by them to purchase the Special Warrants) by written notice to that effect given to the Company prior to the Closing Time.

Appears in 1 contract

Samples: Agency Agreement (IntelGenx Technologies Corp.)

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