Common use of Authorization of the Agent Clause in Contracts

Authorization of the Agent. The Subscriber irrevocably authorizes the Agent, in its discretion, acting reasonably, 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: (a) to receive the certificates representing the Unit Securities, to execute in the Subscriber’s name and on its behalf all closing receipts and required documents, to complete and correct any errors or omissions in any form or document provided by the Subscriber in connection with the subscription for the Subscribed Units and to exercise any rights of termination contained in the Agency Agreement; (b) 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, and the Agency Agreement or any ancillary or related document; and (c) 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.

Authorization of the Agent. The Subscriber irrevocably authorizes the Agent, Agent in its discretion, acting reasonably, 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: (a) to receive the certificates representing the Unit SecuritiesCommon Shares and Warrants, to execute in the Subscriber’s 's name and on its behalf all closing receipts and required documents, to complete and correct any errors or omissions in any form or document provided by the Subscriber in connection with the subscription for the Subscribed Units and to exercise any rights of termination contained in the Agency Agreement; (b) 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, and the Agency Agreement or any ancillary or related document; and (c) 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.