Common use of Default of One or More of the Several Underwriters Clause in Contracts

Default of One or More of the Several Underwriters. If, on the First Closing Date or the Second Closing Date, as the case may be, any one or more of the several Underwriters shall fail or refuse to purchase Shares that it or they have agreed to purchase

Appears in 2 contracts

Sources: Underwriting Agreement (Sage Inc/Ca), Underwriting Agreement (Mypoints Com Inc)

Default of One or More of the Several Underwriters. If, on the First Closing Date or the Second Closing Date, as the case may be, any one or more of the several Underwriters shall fail or refuse to purchase Common Shares that it or they have agreed to purchasepurchase hereunder on such date, and the aggregate number of Common Shares which such

Appears in 1 contract

Sources: Underwriting Agreement (Asymetrix Learning Systems Inc)

Default of One or More of the Several Underwriters. If, on the First Closing Date or the Second Closing Date, as the case may be, any one or more of the several Underwriters shall fail or refuse to purchase Shares that it or they have agreed to purchasepurchase hereunder on such date, and the aggregate number of Shares which such defaulting Underwriter or Underwriters agreed but failed or refused to purchase does not exceed

Appears in 1 contract

Sources: Underwriting Agreement (First Potomac Realty Trust)