Common use of in U Clause in Contracts

in U. S. dollars. In such an event, the Exercise Price payable by such Warrantholder shall be the U.S. dollar equivalent of the Exercise Price payable in U.S. dollars based on the Exchange Rate on the Business Day immediately preceding the date on which the relevant Warrant is exercised, rounded to the nearest tenth of a cent. At the request of the Warrant Agent, the Corporation shall provide a certificate to the Warrant Agent setting out the applicable Exchange Rate.