Common use of Evidence of Ownership Clause in Contracts

Evidence of Ownership. (a) Upon receipt of a certificate of any bank, trust company or other depositary satisfactory to the Escrow Agent stating that the Subscription Receipts specified therein have been deposited by a named person with such bank, trust company or other depositary and will remain so deposited until the expiry of the period specified therein, the Trust and the Escrow Agent may treat the person so named as the owner, and such certificate as sufficient evidence of the ownership by such person of such Subscription Receipt during such period, for the purpose of any requisition, direction, consent, instrument or other document to be made, signed or given by the holder of the Subscription Receipt so deposited.

Appears in 4 contracts

Samples: Subscription Receipt Agreement (Canetic Resources Trust), Subscription Receipt Agreement (Canetic Resources Trust), Paramount Energy Trust

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Evidence of Ownership. (a1) Upon receipt of a certificate of any bank, trust company or other depositary satisfactory to the Escrow Subscription Receipt Agent stating that the Subscription Receipts specified therein have been deposited by a named person Person with such bank, trust company or other depositary and will remain so deposited until the expiry of the period specified therein, the Trust Corporation and the Escrow Subscription Receipt Agent may treat the person Person so named as the owner, and such certificate as sufficient evidence of the ownership by such person Person of such Subscription Receipt during such period, for the purpose of any requisition, direction, consent, instrument or other document to be made, signed or given by the holder of the Subscription Receipt so deposited.

Appears in 2 contracts

Samples: Subscription Receipt Agreement, www.sedarpush.com

Evidence of Ownership. (a) Upon receipt of a certificate of any bank, trust company or other depositary satisfactory to the Escrow Agent stating that the Subscription Receipts specified therein have been deposited by a named person Person with such bank, trust company or other depositary and will remain so deposited until the expiry of the period specified therein, the Trust Corporation and the Escrow Agent may treat the person Person so named as the owner, and such certificate as sufficient evidence of the ownership by such person Person of such Subscription Receipt during such period, for the purpose of any requisition, direction, consent, instrument or other document to be made, signed or given by the holder of the Subscription Receipt so deposited.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Transcanada Corp)

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Evidence of Ownership. (a) Upon receipt of a certificate of any bank, trust company or other depositary depository satisfactory to the Escrow Agent Trustee stating that the Subscription Receipts Warrants specified therein have been deposited by a named person with such bank, trust company or other depositary depository and will remain so deposited until the expiry of the period specified therein, the Trust Corporation and the Escrow Agent Trustee may treat the person so named as the owner, and such certificate as sufficient evidence of the ownership by such person of such Subscription Receipt Warrants during such period, period for the purpose of any Warrantholders' Request, requisition, direction, consent, instrument or other document to be made, signed or given by the holder of the Subscription Receipt Warrants so deposited.

Appears in 1 contract

Samples: Westlink Resources LTD

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