Selling Firm definition
Examples of Selling Firm in a sentence
The Underwriters shall, and shall require any Selling Firm to, offer for sale to the public and sell the Shares only in those jurisdictions where the Shares may be lawfully offered for sale or sold.
Each Underwriter shall be responsible for the compliance by any Selling Firm appointed by such Underwriter as part of this Agreement.
Each Underwriter shall be severally responsible for the compliance by such Selling Firm with the provisions of this Agreement.
Each Underwriter shall be permitted to appoint additional investment dealers or brokers (each, a “Selling Firm”) as its agents in the offering of the Offered Securities and each such Underwriter may determine the remuneration payable to such Selling Firm.
The Underwriters shall, and shall cause each Selling Firm to, after the Closing Time or the Option Closing Time, as applicable, give prompt written notice to the Company when, in the reasonable opinion of the Underwriters, they have completed distribution of the Shares, including notice of the total proceeds realized or number of Shares sold in each of the Canadian Qualifying Jurisdictions, the United States and any other jurisdiction from such distribution.