Common use of Distribution of Units Clause in Contracts

Distribution of Units. 6.1 The Underwriter shall sell the Offered Units to the public, directly and through other members of the selling group, in compliance with applicable Canadian Securities Laws and upon the terms and conditions set forth in the Final Prospectus, any Supplementary Material and this Agreement. The Underwriter shall be entitled to assume that the Offered Units are qualified for distribution in any Qualifying Jurisdictions where a Final Receipt or similar document has been issued or deemed issued under the Passport System for the Final Prospectus, unless the Underwriter receives notice to the contrary from the Corporation or the Ontario Securities Commission, as principal regulator. 6.2 The Underwriter will notify the Corporation if and when, in its opinion, the distribution of the Offered Units has been completed, and shall, as soon as practicable thereafter (and in any event within the time periods necessary to obtain a refund of filing fees), provide the Corporation with a breakdown of the number of Offered Units distributed in each of the Qualifying Jurisdictions where such breakdown is required for the purpose of calculating fees payable to the applicable Canadian Securities Regulator.

Appears in 1 contract

Sources: Underwriting Agreement

Distribution of Units. 6.1 The Underwriter Underwriters shall sell the Offered Units to the public, directly and through other members of the selling group, in compliance with applicable Canadian Securities Laws and upon the terms and conditions set forth in the Final Prospectus, any Supplementary Material and this Agreement. The Underwriter Underwriters shall be entitled to assume that the Offered Units are qualified for distribution in any Qualifying Jurisdictions where a Final Receipt or similar document has been issued or deemed issued under the Passport System for the Final Prospectus, unless the Underwriter receives Underwriters receive notice to the contrary from the Corporation or the Ontario Securities Commission, as principal regulator. 6.2 The Underwriter Underwriters will notify the Corporation if and when, in its their opinion, the distribution of the Offered Units has been completed, and shall, as soon as practicable thereafter (and in any event within the time periods necessary to obtain a refund of filing fees), provide the Corporation with a breakdown of the number of Offered Units distributed in each of the Qualifying Jurisdictions where such breakdown is required for the purpose of calculating fees payable to the applicable Canadian Securities Regulator.

Appears in 1 contract

Sources: Underwriting Agreement

Distribution of Units. 6.1 The Underwriter Underwriters shall sell the Offered Units to the public, directly and through other members of the selling group, in compliance with applicable Canadian Securities Laws and upon the terms and conditions set forth in the Final Prospectus, any Supplementary Material and this Agreement. The Underwriter Underwriters shall be entitled to assume that the Offered Units are qualified for distribution in any Qualifying Jurisdictions where a Final Receipt or similar document has been issued or deemed issued under the Passport System for the Final Prospectus, unless the Underwriter receives Underwriters receive notice to the contrary from the Corporation or the Ontario Securities Commission, as principal regulator. 6.2 The Underwriter Lead Underwriters will notify the Corporation if and when, in its their opinion, the distribution of the Offered Units has been completed, and shall, as soon as practicable thereafter (and in any event within the time periods necessary to obtain a refund of filing fees), provide the Corporation with a breakdown of the number of Offered Units distributed in each of the Qualifying Jurisdictions where such breakdown is required for the purpose of calculating fees payable to the applicable Canadian Securities Regulator.

Appears in 1 contract

Sources: Underwriting Agreement (Alignvest Acquisition Corp)