Default Exceeding 10% of Firm Units or Option Units. In the event that the default addressed in Section 6.1 above relates to more than 10% of the Firm Units or Option Units, Representative may in their discretion arrange for themselves or for other party or parties to purchase such Firm Units or Option Units to which such default relates on the terms contained
Appears in 2 contracts
Sources: Underwriting Agreement (United Refining Energy Corp), Underwriting Agreement (United Refining Energy Corp)