No Commission Stop Order Sample Clauses
The No Commission Stop Order clause prohibits any party from instructing a third party, such as a bank or employer, to withhold or redirect commission payments owed under the agreement. In practice, this means that commissions must be paid directly and in full to the entitled party, without interference or diversion by stop orders or similar mechanisms. This clause ensures that the recipient receives their commissions promptly and in the correct amount, preventing disputes or delays caused by unauthorized payment redirection.
No Commission Stop Order. At each of the Closing Date and the Option Closing Date, the Commission has not issued any order or threatened to issue any order preventing or suspending the use of any Preliminary Prospectus or the Prospectus or any part thereof, and has not instituted or threatened to institute any proceedings with respect to such an order.
No Commission Stop Order. At the Closing Date and on each Option Closing Date, the Commission has not issued any order or threatened to issue any order preventing or suspending the use of any Preliminary Prospectus, the Prospectus or any part thereof, and has not instituted or, to the Company’s knowledge, assuming reasonable inquiry, threatened to institute any proceedings with respect to such an order. To the Company’s knowledge, no order suspending the sale of the Units shall have been issued in any jurisdiction within which Units are intended to be sold in the Offering on either the Closing Date or the Option Closing Date, and (ii) no proceedings for the purpose of issuing such a suspension order shall have been instituted or contemplated.
No Commission Stop Order. At the Closing Date, the Commission has not issued any order or threatened to issue any order preventing or suspending the use of any Preliminary Prospectus, the Prospectus, or any part thereof, and has not instituted or, to the Company’s knowledge, threatened to institute any proceedings with respect to such an order. No order, ruling or decision of any court or the Canadian securities regulators restricting or ceasing trading in any of the securities of the Company or suspending or preventing the use of the Canadian Preliminary Prospectus or the Canadian Final Prospectus, or any part thereof, shall be in effect or threatened by the Canadian securities regulators.
No Commission Stop Order. At each of the Closing Date and the Option Closing Date, the Commission has not issued any order or threatened to issue any order preventing or suspending the use of any Preliminary Prospectus or the Prospectus or any part thereof, and has not instituted or threatened to institute any proceedings with respect to such an order. No Blue Sky Stop Orders. No order suspending the sale of the Units in any jurisdiction designated by the Representative pursuant to Section 3.3 hereof, if any, shall have been issued on either the Closing Date or the Option Closing Date, and no proceedings for that purpose shall have been instituted or shall be contemplated.