Termination by Underwriters in Certain Events. (1) Each Underwriter shall also be entitled to terminate its obligation to purchase the Offered Shares by written notice to that effect given to the Corporation at or prior to the Closing Time if:
Termination by Underwriters in Certain Events. 14.1 Each Underwriter will be entitled to terminate its obligation to purchase the Debentures, without liability on the Underwriter’s part, by written notice to that effect given to the Issuer and Scotia at or prior to the Closing Time:
Termination by Underwriters in Certain Events. (1) Any Underwriter shall have the right to terminate its obligations hereunder, without any liability on such Underwriter’s part, by written notice to the Corporation and the Lead Underwriters in the event that after the date hereof and at or prior to the Closing Time:
Termination by Underwriters in Certain Events. (a) Each Underwriter shall also be entitled to terminate its obligation to purchase the Purchased Units by written notice to that effect given to the Fund or Hxxxx at or prior to the Time of Closing if:
Termination by Underwriters in Certain Events. (1) If the Corporation has not obtained a Final Receipt for the Final Prospectus by 5:00 p.m. (Vancouver Time) on May 26, 2020 or at any time prior to the Closing:
Termination by Underwriters in Certain Events. (a) In addition to any other remedies which may be available to the Underwriters, each Underwriter shall be entitled, at such Underwriter's option, to terminate its obligation to purchase the Subscription Receipts by written notice to that effect given to the REIT at or prior to the Time of Closing, if:
Termination by Underwriters in Certain Events. In similar manner to the public bond deal, most public equity transactions will have a recited set of events which lead to a right to terminate the underwriting participation in the offering. These will generally provide solely for an underwriter's right to terminate. Selling syndicate participants may have incurred responsibilities to their investors, and costs and expenses in their involvement with the offering. While selling syndicate members will generally rely on the underwriter for the detailed work of assessing and completing due diligence in relation to the transaction, they may well have incurred expenses. Consideration will need to be given by all participants as to whether the indemnity, and particularly a cost lost indemnity should be extended to the syndicate participants. Further, consideration should be given as to whether the selling syndicate should have rights in the event that the underwriter determines that they wish to proceed to cancellation of the transaction, such as an ability to step into an underwriting role, an ability to acquire directly from the issuer, an ability to change from an underwritten deal to a best efforts offering, or similar. These are not frequently included but may be suitable in some circumstances. The termination rights in favour of the underwriter are generally designed to protect the underwriter from the cost and liability of completing the transaction, and therefore the termination of the underwriter may not reflect the desires of the selling syndicate as to their protection in the event of a cancellation. What might be appropriate rights and remedies for the representatives of the selling syndicate should also be considered.
Termination by Underwriters in Certain Events. (a) Each Underwriter shall also be entitled to terminate its obligation to purchase the Offered Shares by written notice to that effect given to Compton at or prior to the Closing Time, if:
Termination by Underwriters in Certain Events. (1) If at any time prior to the Closing:
