Common use of Authorization of the Agent Clause in Contracts

Authorization of the Agent. The Subscriber irrevocably authorizes the Agent, in its discretion, to act as the Subscriber's representative at the Closing, and hereby appoints the Agent, with full power of substitution, as its true and lawful attorney with full power and authority in the Subscriber's place and stead: (1) to receive certificates representing the Purchased Shares and the Warrants, to execute in the Subscriber's name and on its behalf all closing receipts and required documents, and to complete and correct any document relating to the transactions contemplated by this Subscription Agreement and the Agency Agreement; (2) to extend such time periods and to waive, in whole or in part, any representations, warranties, covenants or conditions for the Subscriber's benefit contained in this Subscription Agreement, the Agency Agreement or any ancillary or related document; (3) to terminate this Subscription Agreement if any condition precedent is not satisfied, in such manner and on such terms and conditions as the Agent in its sole discretion may determine; and (4) without limiting the generality of the foregoing, to negotiate, settle, execute, deliver and amend the Agency Agreement and to negotiate, settle and amend the terms of the Warrants.

Appears in 1 contract

Sources: Subscription Agreement (Apollo Gold Corp)

Authorization of the Agent. A) The Subscriber irrevocably authorizes the Agent, Agent in its discretion, to act as the Subscriber's ’s representative at the Closing, and hereby appoints the Agent, with full power of substitution, as its true and lawful attorney with full power and authority in the Subscriber's ’s place and stead: (1a) to receive certificates representing the Purchased Shares and the WarrantsUnits, to execute in the Subscriber's ’s name and on its behalf all closing receipts and required documents, and to complete and correct any errors or omissions in any form or document relating provided by the Subscriber in connection with the subscription for the Units and to the transactions contemplated by this Subscription Agreement and exercise any rights of termination contained in the Agency Agreement; (2b) to extend such time periods and to waive, in whole or in part, any representations, warranties, covenants or conditions for the Subscriber's ’s benefit contained in this Subscription Agreement, the Agency Agreement or any ancillary or related documentdocument in its absolute discretion, and as deemed appropriate; (3c) to terminate this Subscription Agreement if any condition precedent is not satisfied, in such manner and on such terms and conditions as the Agent in its sole discretion may determine; and (4d) without limiting the generality of the foregoing, to negotiate, settle, execute, deliver and amend the Agency Agreement and to negotiate, settle and amend the terms of the WarrantsAgreement.

Appears in 1 contract

Sources: Subscription Agreement (Firstgold Corp.)

Authorization of the Agent. The Subscriber irrevocably authorizes the Agent, Agent in its sole and absolute discretion, to act as the Subscriber's ’s representative at the Closing, and hereby appoints the Agent, with full power of substitution, as its true and lawful attorney with full power and authority in the Subscriber's ’s place and stead: (1a) to receive certificates representing the Purchased Shares and the WarrantsShares, to execute in the Subscriber's ’s name and on its behalf all closing receipts and required documents, and to complete and correct any errors or omissions in any form or document relating provided by the Subscriber in connection with the subscription for the Purchased Shares and to the transactions contemplated by this Subscription Agreement and exercise any rights of termination contained in the Agency Agreement; (2b) to extend such time periods and to waive, in whole or in part, any representations, warranties, covenants or conditions (other than representations, warranties, covenants or conditions for the Subscriber's benefit contained of the Corporation) in this Subscription Agreement, Agreement and the Agency Agreement or any ancillary or related document; (3c) to terminate this Subscription Agreement if any condition precedent is not satisfied, in such manner and on such terms and conditions as the Agent in its their sole discretion may determine; and (4d) without limiting the generality of the foregoing, to negotiate, settle, execute, deliver and amend the Agency Agreement and to negotiate, settle and amend the terms of the WarrantsAgreement.

Appears in 1 contract

Sources: Subscription Agreement (Peace Arch Entertainment Group Inc)