Examples of CIBC WM in a sentence
Payment for any Additional Securities shall be made to the Company by CIBC WM, by wire transfer of immediately available funds against delivery of such Additional Securities net of the Over-Allotment Fee through the NCI System (in the same manner as contemplated at the Closing Time) at the Option Closing Time.
Unless as approved by CIBC or otherwise permitted under applicable securities legislation, the Investor may not trade, sell, assign or otherwise transfer the Notes other than to CIBC WM pursuant to any secondary market provided by CIBC WM for the Notes.
The bid price at which investors will be able to sell the Notes in the secondary market, if any, to CIBC WM prior to the maturity date of the notes may be at a substantial discount from the amount that would be payable if the Notes were maturing on such day.
These dealers and other firms will include CIBC’s related entities such as the CIBC Wood Gundy division of CIBC WM.
If the Notes are subject to being automatically called by CIBC, CIBC WM will not under any circumstances provide a secondary market for the Notes on or following a Valuation Date for the Notes if the Notes will be called by CIBC on the applicable call date.
Each of the Company and FII acknowledge that each of CIBC WM, National Bank Financial Inc.
In addition, CIBC WM, an affiliate of CIBC, may provide the bid price and facilitate sales of the Notes in a secondary market, if any, and, in doing so, may have economic interests that are adverse to those of the Investor.
Investors choosing to sell their Notes to CIBC WM during the term of the Notes may be subject to an Early Trading Charge.
Units shall be delivered against payment by the Agents to the Company of the aggregate Offering Price payable to the Company for the Units net of the Agents’ Fee, by wire transfer of immediately available funds together with a receipt signed by CIBC WM, on behalf of the Agents, for such Units.
CIBC WM is a wholly-owned subsidiary of CIBC, and therefore CIBC is a “related issuer” and a “connected issuer” of CIBC WM under applicable securities legislation.