Option Closing Time definition

Option Closing Time means 8:00 a.m. (Toronto time) on any Option Closing Date or such other time on any Option Closing Date as the Company and the Underwriters may agree;

Option Closing Time has the meaning given to it in Section 16(1);

Option Closing Time has the meaning given to it in Section 6(3);

Examples of Option Closing Time in a sentence

• If a new Underwriter or Underwriters are substituted for a defaulting Underwriter in accordance with the foregoing provision, the Company or the non-defaulting Underwriters shall have the right to postpone the Closing Time or the relevant Option Closing Time for a period not exceeding five business days in order that any necessary changes in the Registration Statement and Prospectus and other documents may be effected.

• The Company will cause the certificates representing the Option Shares to be made available for checking and packaging at least twenty-four hours prior to the Option Closing Time with respect thereto at the Designated Office.

• Any breach or failure to comply with any of the conditions set out in this Agreement shall entitle any of the Underwriters to terminate their obligation to purchase the Offered Shares, by written notice to that effect given to the Company at or prior to the Closing Time or the Option Closing Time, as applicable.

• The Disclosure Package did not and will not, as of the Applicable Time, as of the Closing Time, and as of each Option Closing Time, if any, contain an untrue statement of a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.

• The Prospectus, as of its date, as of the Closing Time, and as of each Option Closing Time, if any, complied and will comply in all material respects with the Securities Act and the Rules and Regulations and did not or will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.

More Definitions of Option Closing Time

Option Closing Time means 8:00 a.m. (Montreal time) on the Option Closing Date;

Option Closing Time means any settlement date with respect to an over-allotment option to purchase additional Preferred Securities granted to the Underwriters in the Underwriting Agreement.]

Option Closing Time has the meaning ascribed thereto above;

Option Closing Time is defined in Article III.

Option Closing Time means 8:00 a.m. (New York City time) on the Option Closing Date;

Option Closing Time has the meaning ascribed thereto in Section 13;

Option Closing Time means any settlement date with respect to an over-allotment option to purchase additional Preferred Securities granted to the underwriters in the Underwriting Agreement.