Continuing Underwriters definition

Continuing Underwriters has the meaning ascribed thereto in Section 16;

Continuing Underwriters has the meaning given to that term in Section 17(b) of this Agreement;

Continuing Underwriters has the meaning given to that term in Section 8.2 hereto;

Examples of Continuing Underwriters in a sentence

• If no such arrangement has been made and the number of Defaulted Units does not exceed 5% of the Offered Units, the Continuing Underwriters will be obligated to purchase the Defaulted Units on the terms set out in this Agreement in proportion to their obligations under this Agreement.

• If the amount of such Offered Shares or the Additional Shares, as the case may be, that the Continuing Underwriters wish, but are not obliged, to purchase exceeds the amount of such Offered Shares or the Additional Shares, as the case may be, which remain available for purchase, Offered Shares or the Additional Shares, as the case may be, shall be divided pro rata among the Underwriters desiring to purchase such Offered Shares or the Additional Shares as the case may be.

• If no such arrangement has been made, and the number of Defaulted Debentures to be purchased by the Refusing Underwriter(s) does not exceed 10% of the number of Debentures, the Continuing Underwriters will be obligated to purchase the Defaulted Debentures on the terms set out in this Agreement in proportion to their obligations under this Agreement or in any other proportion agreed upon by the Continuing Underwriters.

• If the number of Defaulted Securities to be purchased by the Refusing Underwriters does not exceed 5% of the Units, the Continuing Underwriters will be obligated to purchase the Defaulted Securities on the terms set out in this Agreement; however, the Continuing Underwriters will not be required to purchase the Defaulted Securities if the Refusing Underwriters, or the Continuing Underwriters exercise or has exercised its termination rights pursuant to Section 12 hereof.

• If no such arrangement has been made, and the number of Defaulted Securities to be purchased by the Refusing Underwriter(s) does not exceed 10% of the Debentures, the Continuing Underwriters will be obligated to purchase the Defaulted Securities on the terms set out in this Agreement in proportion to their obligations under this Agreement or in any other proportion agreed upon by the Continuing Underwriters.

More Definitions of Continuing Underwriters

Continuing Underwriters has the meaning ascribed thereto in Section 38 of this Agreement;

Continuing Underwriters has the meaning given to that term in Section 18;

Continuing Underwriters has the meaning given to it in Section 25(b);

Continuing Underwriters has the meaning given to that term in Section 16; “Corporation” has the meaning given to that term in the first paragraph of this Agreement;

Continuing Underwriters has the meaning specified in Section 19.1.

Continuing Underwriters has the meaning given to that term in Section 16; “CSE” means the Canadian Securities Exchange;

Continuing Underwriters has the meaning given to it in Section 26(b);