Regulatory Out. In the event that any Law, is promulgated or changed which, in the sole opinion of BMO, is Materially Adverse, or has a materially adverse effect on the financial markets generally, or materially adversely affects the price or value of the Common Shares, BMO shall be entitled at its sole option, in accordance with Section 12.H of this agreement, to terminate the obligations of the Agents under this agreement (and the obligations of the Purchasers under the Subscription Agreements) by written notice to that effect given to the Company prior to the Time of Closing on the Closing Date.
Regulatory Out. (i) any inquiry, action, suit, investigation or other proceeding (whether formal or informal) is commenced, announced or threatened in relation to the Corporation, any of its Subsidiaries, or any of their respective officers or directors or any order is issued under or pursuant to any statute of Canada or any province thereof or any statute of the United States or any federal, provincial, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality which would reasonably be expected to have a Material Adverse Effect on the Corporation if decided adversely to such party; or (ii) any order, action, proceeding or cease trading order which operates to prevent or restrict the trading of the Common Shares or any other securities of the Corporation is made or threatened by a securities regulatory authority;
Regulatory Out. If, after the date of this Agreement and prior to the Closing Time, any inquiry, action, suit, proceeding or investigation (whether formal or informal) (including matters of regulatory transgression or unlawful conduct) is commenced, announced or threatened or any order made by any federal, provincial, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality including, without limitation, the TSX, the NYSE MKT or any securities regulatory authority or any law or regulation is enacted or changed which in the opinion of the Underwriters (or any of them), acting reasonably, operates to prevent or restrict the trading of the common shares or any other securities of the Corporation or materially and adversely affects or will materially and adversely affect the market price or value of the Subscription Receipts or any other securities of the Corporation, any of the Underwriters shall be entitled, at its option and in accordance with Section 16(e), to terminate its obligations under this Agreement by notice to that effect given to the Corporation any time at or prior to the Closing Time.
Regulatory Out. In the event that any Law is promulgated or changed which, in the sole opinion of the Agents or any of them, acting reasonably, is Materially Adverse, or has a material adverse effect on the financial markets generally, or on the price or value of the Subscription Receipts, each Agent or all of them, shall be entitled, at their sole option, acting reasonably, and in accordance with Section 12(8) of this Agreement, to terminate their obligations under this Agreement (and the obligations of the Purchasers under the Subscription Agreements, if any) by written notice to that effect given to the Company prior to the Closing Time.
Regulatory Out. There shall be any inquiry, action, suit, investigation or other proceeding (whether formal or informal) commenced, announced or threatened or any order is made or issued under or pursuant to any federal, provincial, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality (including without limitation the Exchange or any securities regulatory authority) or there is a change in any law, rule or regulation, or the interpretation or administration thereof, which, in the reasonable opinion of the Underwriters, operates to prevent, restrict or otherwise materially adversely affect the distribution or trading of the Offered Securities;
Regulatory Out. If any law or regulation is enacted or proposed or changed that, in the sole opinion of an Underwriter, operates to prevent or restrict materially the distribution or trading of the Corporation's Common Shares or which, in the sole opinion of an Underwriter, adversely impacts or may materially adversely affect the marketability of the Corporation's Common Shares in a material manner; or
Regulatory Out. (i) Any inquiry, action, suit, proceeding or investigation (whether formal or informal) is commenced, announced or threatened or any order is made by any federal, provincial, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, including, without limitation, the CSE or any securities regulatory authority, in relation to the Corporation or its Subsidiary or any one of the officers or directors of the Corporation or its Subsidiary that has or would be expected to have, in the opinion of the Agents, acting reasonably, a significant adverse change or effect on the business or affairs of the Corporation (on a consolidated basis) or on the market price or the value of the securities of the Corporation; or (ii) any order, action or proceeding which cease trades or otherwise operates to prevent or restrict the trading of the Common Shares or any other securities of the Corporation is made or threatened by a securities regulatory authority;
Regulatory Out. CI and the CCEF shall not be obligated to provide the Grant or any portion of the Grant under this Agreement if there are insufficient funds for such purpose because of any legislative or regulatory action curtailing, reducing or eliminating CI and/or the CCEF funding. Contract No. PHOTOVOLTAIC Project
Regulatory Out. (i) Any inquiry, action, suit, proceeding or investigation (whether formal or informal) is commenced, announced or threatened or any order is made by any federal, provincial, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, including, without limitation, the CSE or any securities regulatory authority, in relation to the Corporation or its Subsidiaries or any one of the officers or directors of the Corporation or its Subsidiaries that has or would be expected to have, in the opinion of the Agent, acting reasonably and in good faith, a significant adverse change or effect on the business or affairs of the Corporation (on a consolidated basis) or on the market price or the value of the securities of the Corporation; or (ii) any order, action or proceeding which cease trades, suspends or otherwise operates to prevent, prohibit or restrict the distribution or trading of the Units, Unit Shares, Warrants, Common Shares or any other securities of the Corporation is made or proceedings are announced, commenced or threatened for the making of any such order, action or proceeding by a securities regulatory authority;
Regulatory Out. Any enquiry, action, suit, investigation (whether formal or informal) or other proceeding is instituted, announced or threatened or any order is issued under or pursuant to any relevant statute or policy or made by any federal, provincial, state or other governmental authority, commission, board, bureau, agency or instrumentality (including without limitation the TSXV or any securities regulatory authority) in relation to the Corporation or any of its subsidiaries, or there is any change in law, regulation or policy, or the interpretation or administration thereof, or there is a general moratorium on banking activities in the United States or Canada declared by relevant authorities, or a material disruption in commercial banking or securities settlement or clearance services, which, in any such cases, in the opinion of any of the Underwriter, acting reasonably, operates to impact, suspend, restrict, inhibit, prevent or otherwise adversely impact the distribution or trading of the Common Shares;
