Common use of Accounting and Recording Clause in Contracts

Accounting and Recording. (1) The Warrant Agent shall promptly notify the Corporation with respect to Warrants exercised and forward to the Corporation (or into an account or accounts of the Corporation as designated by the Corporation) all monies received for the purchase of Underlying Securities. All such monies, and any securities or other instruments, from time to time received by the Warrant Agent, shall be received on behalf of the Corporation.

Appears in 5 contracts

Samples: Bridgeport Ventures Inc., Dragonwave Inc, Bridgeport Ventures Inc.

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Accounting and Recording. (1a) The Warrant Agent shall promptly notify the Corporation with respect to Warrants exercised and forward to the Corporation (or into an account or accounts of the Corporation as designated by the Corporation) all monies received for the purchase of Underlying Securities. All such monies, and any securities or other instruments, from time to time received by the Warrant Agent, shall be received on behalf of the Corporation.

Appears in 2 contracts

Samples: sedar-filings-backup.thecse.com, sedar-filings-backup.thecse.com

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Accounting and Recording. (1) 3.7.1 The Warrant Agent shall promptly notify the Corporation with respect to Warrants exercised and forward to the Corporation (or into an account or accounts of the Corporation as designated by the Corporation) all monies received for the purchase of Underlying SecuritiesWarrant Shares. All such monies, and any securities or other instruments, from time to time received by the Warrant Agent, shall be received on behalf of the Corporation.

Appears in 1 contract

Samples: Warrant Indenture (Dragonwave Inc)

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