Rights to Purchase of Other Underwriters. In the event that one or more but not all of the Underwriters shall exercise their right of termination under section 13, the other Underwriters shall have the right, but shall not be obligated, to purchase all of the percentage of the Purchased Units or the Additional Units, as the case may be, which would otherwise have been purchased by such Underwriters which have so exercised their right of termination. If the amount of such Purchased Units or the Additional Units, as the case may be, which the remaining Underwriters wish, but are not obliged, to purchase exceeds the amount of such Purchased Units or the Additional Units, as the case may be, which remain available for purchase, such Purchased Units or the Additional Units, as the case may be, shall be divided pro rata among the Underwriters desiring to purchase such Purchased Units or the Additional Units, as the case may be, in proportion to the percentage of Purchased Units or the Additional Units, as the case may be, which such Underwriters have agreed to purchase as set out in section 18(a).
Appears in 2 contracts
Samples: Underwriting Agreement (Silver Standard Resources Inc), Underwriting Agreement (Pretium Resources Inc.)
Rights to Purchase of Other Underwriters. In the event that one or more but not all of the Underwriters shall exercise their right of termination under section 13Section 14(b), the other remaining Underwriters shall have the right, but shall not be obligated, to purchase all of the percentage of the Purchased Units Securities or the Additional UnitsSecurities, as the case may be, which that would otherwise have been purchased by such Underwriters which have so exercised their right of termination. If the amount of such Purchased Units Securities or the Additional UnitsSecurities, as the case may be, which that the remaining Underwriters wish, but are not obliged, to purchase exceeds the amount of such Purchased Units Securities or the Additional UnitsSecurities, as the case may be, which remain available for purchase, such Purchased Units Securities or the Additional UnitsSecurities, as the case may be, shall be divided pro rata among the Underwriters desiring to purchase such Purchased Units Securities or the Additional UnitsSecurities, as the case may be, in proportion to the percentage of Purchased Units Securities or the Additional UnitsSecurities, as the case may be, which such Underwriters have agreed to purchase as set out in section 18(a)Section 20.1.
Appears in 1 contract
Samples: Form of Underwriting Agreement (Performance Sports Group Ltd.)
Rights to Purchase of Other Underwriters. In the event that one or more but not all of the Underwriters shall exercise their right of termination under section 13, the other Underwriters shall have the right, but shall not be obligated, to purchase all of the percentage of the Purchased Units Shares or the Additional UnitsShares, as the case may be, which would otherwise have been purchased by such Underwriters which have so exercised their right of termination. If the amount of such Purchased Units Shares or the Additional UnitsShares, as the case may be, which the remaining Underwriters wish, but are not obliged, to purchase exceeds the amount of such Purchased Units Shares or the Additional UnitsShares, as the case may be, which remain available for purchase, such Purchased Units Shares or the Additional UnitsShares, as the case may be, shall be divided pro rata among the Underwriters desiring to purchase such Purchased Units Shares or the Additional UnitsShares, as the case may be, in proportion to the percentage of Purchased Units Shares or the Additional UnitsShares, as the case may be, which such Underwriters have agreed to purchase as set out in section 18(a).
Appears in 1 contract
Samples: Underwriting Agreement (Silver Standard Resources Inc)
Rights to Purchase of Other Underwriters. In the event that one or more but not all of the Underwriters shall exercise their right of termination under section 13, 14 the other Underwriters others shall have the right, but shall not be obligated, to purchase all of the percentage of the Purchased Units or the Additional Units, as the case may be, which would otherwise have been purchased by such Underwriters which have so exercised their right of termination. If the amount of such Purchased Units or the Additional Units, as the case may be, which the remaining Underwriters wish, but are not obliged, to purchase exceeds the amount of such Purchased Units or the Additional Units, as the case may be, which remain available for purchase, such Purchased Units or the Additional Units, as the case may be, shall be divided pro rata among the Underwriters desiring to purchase such Purchased Units or the Additional Units, as the case may be, in proportion to the percentage of Purchased Units or the Additional Units, as the case may be, which such Underwriters have agreed to purchase as set out in section 18(a)19.
Appears in 1 contract
Samples: Underwriting Agreement (Cenveo, Inc)
Rights to Purchase of Other Underwriters. In the event that one or more but not all of the Underwriters shall exercise their right of termination under section 13Section 18, the other Continuing Underwriters shall have the right, but shall not be obligated, to purchase all of the percentage of the Purchased Units Offered Shares or the Additional UnitsShares, as the case may be, which that would otherwise have been purchased by such Underwriters which have so exercised their right of termination. If the amount of such Purchased Units Offered Shares or the Additional UnitsShares, as the case may be, which that the remaining Continuing Underwriters wish, but are not obliged, to purchase exceeds the amount of such Purchased Units Offered Shares or the Additional UnitsShares, as the case may be, which remain available for purchase, such Purchased Units Offered Shares or the Additional UnitsShares, as the case may be, shall be divided pro rata among the Underwriters desiring to purchase such Purchased Units Offered Shares or the Additional UnitsShares, as the case may be, in proportion to the percentage of Purchased Units Offered Shares or the Additional UnitsShares, as the case may be, which such Underwriters have agreed to purchase as set out in section 18(a)Section 23.1.
Appears in 1 contract
Samples: Underwriting Agreement