Common use of Exercise of Termination Right Clause in Contracts

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that may have arisen or may thereafter arise under Sections 13 and 14. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 shall not be binding upon the other Underwriters.

Appears in 4 contracts

Samples: Underwriting Agreement (Organigram Holdings Inc.), Underwriting Agreement (Greenbrook TMS Inc.), Underwriting Agreement (Valens Company, Inc.)

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Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10, there shall be no further liability to the Corporation Company on the part of such Underwriter or of the Corporation Company to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 and 14. The right of the Underwriters (or any one of them them) to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation Company in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 shall not be binding upon the other Underwriters.

Appears in 3 contracts

Samples: Underwriting Agreement (Encore Energy Corp.), Underwriting Agreement, Underwriting Agreement

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section section 10, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 sections 11, 13, 14, 15 and 1426. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section section 10 shall not be binding upon the other Underwriters.

Appears in 2 contracts

Samples: Underwriting Agreement (Amaya Gaming Group Inc.), Underwriting Agreement (Amaya Gaming Group Inc.)

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 1011, there shall be no further liability to the Corporation Company on the part of such Underwriter or of the Corporation Company to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 14 and 1415. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation Company in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 11 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Denison Mines Corp.)

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 1013, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 16 and 1417. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 13 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Wi-Lan Inc.)

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10, there shall be no further liability to the Corporation Company on the part of such Underwriter or of the Corporation Company to such Underwriter, except in respect of any liability that which may have arisen or may 45 thereafter arise under Sections 13 and 14. The right of the Underwriters (or any one of them them) to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation Company in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Red White & Bloom Brands Inc.)

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10section 9, there shall be no further liability to the Corporation Company on the part of such Underwriter or of the Corporation Company to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 sections 12 and 1413. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation Company in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 section 9 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Denison Mines Corp.)

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10paragraph 11, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 paragraphs 14, 15 and 1416. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 paragraph 11 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Sandspring Resources Ltd.)

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Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section paragraph 10, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 paragraphs 13, 14 and 1415. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section paragraph 10 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10section 6, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 sections 9, 10 and 1411. The right of the Underwriters or any one of them to terminate their respective obligations obligation under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 section 6 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (International Uranium Corp)

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10paragraph 13, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 paragraphs 16 and 1417. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 paragraph 13 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 and 14. The right of the Underwriters (or any one of them them) to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement

Exercise of Termination Right. If this Agreement is terminated by any of the Underwriters pursuant to Section 10paragraph 13, there shall be no further liability to the Corporation on the part of such Underwriter or of the Corporation to such Underwriter, except in respect of any liability that which may have arisen or may thereafter arise under Sections 13 and 14paragraphs 16 or 18. The right of the Underwriters or any one of them to terminate their respective obligations under this Agreement is in addition to such other remedies as they may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement. A notice of termination given by one Underwriter under Section 10 paragraph 13 shall not be binding upon the other Underwriters.

Appears in 1 contract

Samples: Underwriting Agreement (Farallon Resources Ltd.)

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