Common use of Exercise of Termination Right Clause in Contracts

Exercise of Termination Right. If this Agreement is terminated by the Underwriter pursuant to Section 14, there shall be no further liability on the part of such Underwriter or of the Company to such Underwriter, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 and 18. The right of the Underwriter (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 Company in respect of any of the matters contemplated by this Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement, Underwriting Agreement

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Exercise of Termination Right. If this Agreement is terminated by any of the Underwriter Underwriters pursuant to Section 14, there shall be no further liability on the part of such Underwriter Underwriters or of the Company Corporation to such UnderwriterUnderwriters, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 and 18. The right of the Underwriter 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 Company Corporation in respect of any of the matters contemplated by this Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement, Underwriting Agreement

Exercise of Termination Right. If this Agreement is terminated by the Underwriter pursuant to Section 148, there shall be no further liability on the part of such the Underwriter or of the Company Corporation to such the Underwriter, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 11, 12 and 1813. The right of the Underwriter (or any one of them) to terminate their respective its obligations under this Agreement is are in addition to such other remedies as they it may have in respect of any default, act or failure to act of the Company Corporation in respect of any of the matters contemplated by this Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement (Sonic Environmental Solutions Inc/Can), Underwriting Agreement (Sonic Technology Solutions Inc.)

Exercise of Termination Right. If this Agreement is terminated by the Underwriter pursuant to Section 13 or Section 14, there shall be no further liability on the part of such the Underwriter or of the Company Corporation to such the Underwriter, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 and 18. The right of the Underwriter (or any one of them) to terminate their its 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 Company Corporation in respect of any of the matters contemplated by this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Nouveau Monde Graphite Inc.)

Exercise of Termination Right. If this Agreement is terminated by the Underwriter pursuant to Section 14paragraph 12, there shall be no further liability to the Corporation on the part of such the Underwriter or of the Company Corporation to such the Underwriter, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 paragraphs 15, 16 and 1817. The right of the Underwriter (or any one of them) to terminate their respective its obligations under this Agreement is in addition to such other remedies as they it may have in respect of any default, act or failure to act of the Company Corporation in respect of any of the matters contemplated by this Agreement.

Appears in 1 contract

Samples: Underwriting and Agency Agreement (Adherex Technologies Inc)

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Exercise of Termination Right. If this Agreement is terminated by the Underwriter pursuant to Section paragraph 14, there shall be no further liability to the Corporation on the part of such the Underwriter or of the Company Corporation to such the Underwriter, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 paragraphs 17, 19 and 1822. The right of the Underwriter (or any one of them) to terminate their respective its obligations under this Agreement is in addition to such other remedies as they it may have in respect of any default, act or failure to act of the Company Corporation in respect of any of the matters contemplated by this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (American Bonanza Gold Corp.)

Exercise of Termination Right. If this Agreement is terminated by the Underwriter Underwriters pursuant to Section 14, there shall be no further liability on the part of such Underwriter the Underwriters or of the Company Corporation to such UnderwriterUnderwriters, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 18 and 1819 hereof. The right of the Underwriter (or any one of them) Underwriters 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 Company Corporation in respect of any of the matters contemplated by this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement

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