Common use of Lead Underwriter Clause in Contracts

Lead Underwriter. 22.1 The Trust and StarPoint Energy shall be entitled to and shall act on any notice or other communication given by or on behalf of the Underwriters by the Lead Underwriter which shall represent the Underwriters and which have the authority to bind the Underwriters except in respect of any actions taken under sections 13, 14, 18 and 20 which may be given only by the Underwriter affected thereby. The Lead Underwriter shall consult fully with the other Underwriters with respect to any such notice or other communication. Acceptance of this offer by the Trust and StarPoint Energy shall constitute their respective authority for accepting notification of any such matters from, and for delivering the definitive certificate representing the Offered Securities, to or to the order of the Lead Underwriter.

Appears in 1 contract

Sources: Underwriting Agreement (Canetic Resources Trust)

Lead Underwriter. 22.1 21.1 The Trust and StarPoint Energy shall be entitled to and shall act on any notice or other communication given by or on behalf of the Underwriters by the Lead Underwriter which shall represent the Underwriters and which have the authority to bind the Underwriters except in respect of any actions taken under sections 12, 13, 14, 18 17 and 20 19 which may be given only by the Underwriter affected thereby. The Lead Underwriter shall consult fully with the other Underwriters with respect to any such notice or other communication. Acceptance of this offer by the Trust and StarPoint Energy shall constitute their respective authority for accepting notification of any such matters from, and for delivering the definitive certificate representing the Offered SecuritiesUnits, to or to the order of the Lead Underwriter.

Appears in 1 contract

Sources: Underwriting Agreement (Canetic Resources Trust)