Common use of Accounting and Recording Clause in Contracts

Accounting and Recording. (a) Within five (5) Business Days, the Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised and forward to the Corporation all monies received on the purchase of Common Shares through the exercise of Warrants. All such monies, and any securities or other instruments from time to time received by the Warrant Agent, shall be received in trust for, and shall be segregated and kept apart by the Warrant Agent in trust for, the Corporation.

Accounting and Recording. (a1) Within The Warrant Agent shall promptly, but, in any event, within five (5) Business Days, the Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised and forward to the Corporation all monies received on the purchase of Common Shares through the exercise of Warrantsexercised. All such monies, and any Any securities or other instruments instruments, from time to time received by the Warrant Agent, Agent shall be received in trust as agent for, and shall be segregated and kept apart by the Warrant Agent in trust for, for the CorporationWarrantholders and the Corporation as their interests may appear.