Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Purchased Shares (or the Over- Allotment Shares, if the Over-Allotment Option is exercised) in connection with the Offering at the Time of Closing on the Closing Date shall be several, and not joint, nor joint and several, and shall be as to the following percentages of the Purchased Shares to be purchased at any such time: Wellington West 50% Cormark Securities Inc. 20% CIBC World Markets Inc. 15% TD Securities Inc. 15% Total 100%
Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Offered Securities at the Time of Closing shall be several, and not joint, nor joint and several, and shall be as to the following percentages to be purchased at any such time: Canaccord Genuity Corp. 60 % Xxxxxxx Xxxxx Ltd. 40 % 100.0 %
Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Purchased Units (or the Additional Units, if the Over-Allotment Option is exercised) in connection with the Offering at the Time of Closing on the Closing Date (or the Over-Allotment Closing Date in the case of the exercise of the Over- Allotment Option) shall be several, and not joint, nor joint and several, and shall be as to the following percentages to be purchased at any such time: Dundee Securities Ltd. 80 % Mackie Research Capital Corporation 20 % 100.0 % Each Underwriter may arrange for Substituted Purchasers in the United States or who are U.S. Persons to purchase from the Company some or all of such Underwriter’s purchase obligation contained in this Section 19(1).
Liability of the Underwriters. (a) The obligations of the Underwriters to purchase the Treasury Shares in connection with the Offering at the Closing Time shall be several (and not joint or joint and several) and shall be as to the following percentages of the Treasury Shares to be purchased at that time: Name of Underwriter Liability RBC Dominion Securities Inc. 50% TD Securities Inc. 25% GMP Securities L.P. 17% Xxxxxxx Securities Inc. 8%
Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Purchased Shares (or the Additional Shares, if the Over-Allotment Option is exercised) in connection with the Offering at the Time of Closing on the Closing Date (or the Over-Allotment Closing Date in the case of the exercise of the Over- Allotment Option) shall be several, and not joint, nor joint and several, and shall be as to the following percentages: Xxxxxx Xxxxxxxx Canada Inc. 30% Wellington West Capital Markets Inc. 21% Macquarie Capital Markets Canada Ltd. 21% Cormark Securities Inc. 16% Mackie Research Capital Corporation 8% Clarus Securities Inc. 2% Stonecap Securities Inc. 2% 100%
Liability of the Underwriters. The obligation of the Underwriters to purchase the Purchased Units or the Over- Allotment Securities, as the case may be, at the Time of Closing or the Option Closing Time, as the case may be, shall be several, and not joint, nor joint and several, and shall be as to the following percentages of the Purchased Units or the Over-Allotment Securities, as the case may be, to be purchased at any such time: Canaccord Genuity Corp. 30.0% PI Financial Corp. 30.0% CIBC World Markets Inc. 11.5% Xxxxxxx Xxxxx Ltd. 11.5% Cormark Securities Inc. 8.5% Paradigm Capital Inc. 8.5% 100.0% If one of the Underwriters fails to purchase its applicable percentage of the aggregate amount of the Purchased Units or the Over-Allotment Securities, as the case may be, at the Time of Closing or the Option Closing Time, as the case may be, the other Underwriters shall have the right, but shall not be obligated, to purchase on a pro rata basis according to the percentage of the Purchased Units or the Over-Allotment Securities, as the case may be, which such Underwriters have agreed to purchase as set out above (or such other basis as they may agree), all but not less than all, of the applicable Purchased Units or the Over-Allotment Securities, as the case may be, which would otherwise have been purchased by the Underwriter that failed to purchase and to receive the defaulting Underwriter’s portion of the Underwriting Fee in respect thereof. In the event that such right is not exercised, the other Underwriters shall be relieved of all obligations to the Company and the Company shall not be obligated to sell less than all the Purchased Units or Over-Allotment Securities, as the case may be, and the Company shall be entitled to terminate its obligations under this Underwriting Agreement except for those under Sections 16, 17 and 18. Notwithstanding the foregoing, if the total number of Purchased Units or Over-Allotment Securities, as applicable, that one or more defaulting Underwriters has failed to purchase (the “Default Securities”) does not exceed 5% of the number of Purchased Units or Over-Allotment Securities, as applicable, to be purchased hereunder, the Company shall be entitled to require each Underwriter to purchase the Default Securities on a pro rata basis according to the percentage of the Purchased Units or Over-Allotment Securities, as the case may be, which such Underwriters have agreed to purchase as set out above.
Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Offered Units in connection with the Offering at the Time of Closing on the Closing Date shall be several, and not joint, nor joint and several, and shall be as to the following percentages to be purchased at any such time: Eight Capital 45.0% Canaccord Genuity Corp. 45.0% ATB Capital Markets Inc. 5.0% Beacon Securities Limited. 5.0% 100% The Company acknowledges, consents and agrees that Canaccord shall, in its sole discretion and without further notice to or consent of the Company, be entitled to assign its underwriting commitment pursuant to this Underwriting Agreement to any affiliate or subsidiary of Canaccord Genuity Group Inc., provided that, any such assignment shall not relieve Canaccord of any of its obligations hereunder.
Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Purchased Debentures (or the Additional Debentures, if the Over-Allotment Option is exercised) in connection with the Offering at the Time of Closing on the Closing Date (or the Over-Allotment Closing Date in the case of the exercise of the Over- Allotment Option) shall be several, and not joint, nor joint and several, and shall be as to the following percentages to be purchased at any such time: Dundee Securities Ltd. 35.0% Scotia Capital Inc. 35.0% National Bank Financial Inc. 20.0% Xxxxxxx Securities Inc. 7.5% Versant Partners Inc. 2.5% 100.0%
Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Purchased Shares (or the Additional Shares, if the Over-Allotment Option is exercised) in connection with the Offering at the Time of Closing on the Closing Date (or the Over-Allotment Closing Date in the case of the exercise of the Over- Allotment Option) shall be several, and not joint, nor joint and several, and shall be as to the following percentages to be purchased at any such time: GMP Securities L.P. 45.0% BMO Xxxxxxx Xxxxx Inc. 15.0% Scotia Capital Inc. 15.0% Canaccord Capital Corporation 5.0% Cormark Securities Inc. 5.0% Dundee Securities Corporation 5.0% Xxxxxxx Securities Inc. 5.0% Macquarie Capital Markets Canada Ltd. 5.0% 100%
Liability of the Underwriters. (1) The obligation of the Underwriters to purchase the Offered Shares in connection with the Offering at the Time of Closing on the Closing Date shall be several, and not joint, nor joint and several, and shall be as to the following percentages to be purchased at any such time: Desjardins Securities Inc. 50.0 % Cormark Securities Inc 22.5 % Sxxxxx Xxxxxxxx Canada Inc. 7.5 % H.X. Xxxxxxxxxx & Co., LLC 4.0 % A.G.P./ Alliance Global Partners 4.0 % Clarus Securities Inc. 4.0 % Laurentian Bank Securities Inc. 4.0 % Rxxx Capital Partners, LLC 4.0 % 100 %
