Option Closing Time definition

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

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

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

Examples of Option Closing Time in a sentence

• Subject to Section 21(b), the obligation of the Underwriters to purchase the Firm Shares or the Optional Shares, as the case may be, at the Closing Time or the Option Closing Time, as the case may be, shall be several and not joint and each of the Underwriters shall be obligated to purchase only that percentage of the Firm Shares or the Optional Shares, as the case may be, set out opposite the name of such Underwriter below.

• The purchase and sale of the Firm Shares and any Optional Shares shall be completed at the Closing Time or Option Closing Time, as the case may be, by virtual exchange of documents or at such place as the Underwriters and the Company may agree upon.

• 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.

More Definitions of Option Closing Time

Option Closing Time means 5:00 a.m. (Vancouver time) on the Option Closing Date or such other time on the Option Closing Date as the Company and the Underwriters may determine;

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 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 is defined in Article III.

Option Closing Time has the meaning ascribed thereto above;

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;