Rights of Rescission Sample Clauses

Rights of Rescission. Should a Holder of Warrants exercise any legal, statutory, contractual or other right of withdrawal or rescission that may be available to it, and the Holder’s funds which were paid on exercise have already been released to the Corporation by the Warrant Agent, the Warrant Agent shall not be responsible for ensuring the exercise is cancelled and a refund is paid back to the Holder. In such cases, the Holder shall seek a refund directly from the Corporation and subsequently, the Corporation shall instruct the Warrant Agent in writing, to cancel the exercise transaction and any Shares on the register, which may have already been issued upon the Warrant exercise. In the event that any payment is received from the Corporation by virtue of the Holder being a shareholder for such Warrants that were subsequently rescinded, such payment must be returned to the Corporation by such Holder. The Warrant Agent shall not be under any duty or obligation to take any steps to ensure or enforce that the funds are returned pursuant to this Section 13.2, nor shall the Warrant Agent be in any other way responsible in the event that any payment is not delivered or received pursuant to this Section 13.2. Notwithstanding the foregoing, in the event that the Corporation provides the refund to the Warrant Agent for distribution to the Holder, the Warrant Agent shall return such funds to the Holder as soon as reasonably practicable, and in so doing, the Warrant Agent shall incur no liability with respect to the delivery or non-delivery of any such funds.
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Rights of Rescission. We will only accept requests to rescind the purchase if it does not exceed the sum of $50,000 and if you give us notice in writing within 48 hours of your receipt of the trade confirmation for a lump sum purchase. The trade confirmation will be deemed conclusively to have been received in the ordinary mail by you within five (5) days of the date it is mailed.
Rights of Rescission. At any time, for any or no reason, within fifteen days of the completion of the audit of the Company's financial statements, the Consultant may terminate this Agreement by returning all funds (except for such funds which may have been expended in the performance of due diligence), options, share certificates and documents without any recourse or penalties from the Client.
Rights of Rescission. (a) If the prospectus dated November 4, 2013 filed by the Corporation in each of the provinces and territories of Canada to qualify the distribution of the Debentures (the “Prospectus”) contains a misrepresentation (as such term is defined in the Securities Act (Ontario)) and it was a misrepresentation on the date hereof, a purchaser of the Debentures to whom the Prospectus was sent or delivered and who was the original purchaser of the Debentures (collectively, the “Original Purchasers”) shall have a right of action against the Corporation for rescission to receive the subscription price for each Debenture for which such purchaser subscribed exercisable on notice given to the Corporation not more than 180 days subsequent to the date hereof (the “Rescission Period”). The right of action for rescission is only available to an Original Purchaser either while he is a holder of the Debentures purchased or while he is a holder of the Common Shares issued upon conversion of such Debentures during the Rescission Period.
Rights of Rescission. Should a holder of Warrants exercise any legal, statutory, contractual or other right of withdrawal or rescission that may be available to it, and the holder’s funds which were paid on exercise have already been released to the Issuer by the Warrant Agent, the Warrant Agent shall not be responsible for ensuring the exercise is cancelled and a refund is paid back to the holder. In such cases, the holder shall seek a refund directly from the Company and subsequently, the Company shall instruct the Warrant Agent in writing, to cancel the exercise transaction and any underlying shares on the register, which may have already been issued upon the Warrant exercise. [THE REMINDER OF THIS PAGE IS LEFT INTENTIONALLY BLANK]
Rights of Rescission. (a) If the (final) short form base shelf prospectus of the REIT dated February 16, 2017, together with the (final) prospectus supplement dated June 2, 2017 with respect thereto, filed by the REIT in each of the provinces of Canada to qualify the distribution of the Initial Debentures (the “Prospectus”) contains a misrepresentation (as such term is defined in the Securities Act (British Columbia)) and it was a misrepresentation on the date hereof, a purchaser of the Initial Debentures to whom the Prospectus was sent or delivered and who was the original purchaser of the Initial Debentures shall have a right of action against the REIT for rescission to receive the subscription price for each Initial Debenture for which such purchaser subscribed exercisable on notice given to the REIT not more than 180 days subsequent to the date hereof (the “Rescission Period”). The right of action for rescission is only available to an Original Purchaser either while he is a holder of the Initial Debentures purchased or while he is a holder of the Units issued upon conversion of such Initial Debentures during the Rescission Period. The foregoing contractual right of rescission shall be subject to the defences available to the REIT under applicable laws, rules and instruments.
Rights of Rescission. (a) PURCHASER shall be entitled to rescind this AGREEMENT (zurucktreten) (i) pursuant to Article 8.1, or (ii) if the Board of Directors of FiberMark, Inc. has finally refused approval of the acquisition contemplated by this AGREEMENT or, (iii) pursuant to Article 8.4 (j) (ii) until the later of January 31, 1998, 24:00 hours, or, if additional investigations will be made pursuant to Article 8.4 (h), until February 28, 1998, 24:00 hours.
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Rights of Rescission. (a) This agreement may be rescinded under the following conditions:
Rights of Rescission. 12 8 WARRANTIES /INDEMNITY OF THE VENDOR................................13
Rights of Rescission. 14.1. The Purchaser will only be entitled to rescind this Agreement jointly and only in relation to all of the Sellers and with respect to all Enterprises in the event where:
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