Common use of Delivery of Northgate Shares Clause in Contracts

Delivery of Northgate Shares. (a) Upon surrender to the Depositary, as specified in the Letter of Transmittal, for cancellation of a certificate that immediately before the Effective Time represented one or more outstanding Primero Shares that were exchanged for Northgate Shares in accordance with section 3.1 hereof, together with a completed Letter of Transmittal and such other documents and instruments as would have been required to effect the transfer of the Primero Shares formerly represented by such certificate under the BCBCA and such additional documents and instruments as the Depositary may reasonably require, the holder of such surrendered certificate shall be entitled to receive in exchange therefor, and the Depositary shall deliver to such holder following the Effective Time, a certificate representing the Northgate Shares such holder is entitled to receive in accordance with section 3.1 hereof.

Appears in 4 contracts

Samples: Arrangement Agreement (Primero Mining Corp), Arrangement Agreement (Primero Mining Corp), Arrangement Agreement (Primero Mining Corp)

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