Common use of Option Closing Clause in Contracts

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that NBF, on behalf of the Underwriters, advises the Company the certificates (in physical or electronic form as NBF, on behalf of the Underwriters, may advise in the notice) representing the Additional Securities to be issued at the Option Closing in the names and denominations reasonably requested by NBF, on behalf of the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters such documents set forth in subsection 6.1(l) as the Underwriters may request. 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Closing Date the Underwriters shall pay to the Company by wire transfer the gross proceeds of the sale of the Additional Securities, less (i) the Underwriting Fee and (ii) if so desired by the Underwriters, any costs and expenses owing to the Underwriters pursuant to section 7.2. 11.5 The Company and Underwriters agree that the Over-Allotment Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Allotment Option.

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that NBF, on behalf of the Underwriters, advises Lead Underwriter advise the Company the certificates (in physical or electronic form as NBF, on behalf of the Underwriters, Lead Underwriter may advise in the notice) representing the Additional Securities Shares to be issued at the Option Closing in the names and denominations reasonably requested by NBF, on behalf of the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters such documents set forth in subsection 6.1(l6.1(u) as the Underwriters may request. 11.4 If the Company has satisfied all of its obligations under this Agreement, Agreement that are required to be satisfied before or on the Over-Allotment Closing Date Date, the Underwriters shall pay to the Company by wire transfer the aggregate gross proceeds of the sale of the Additional SecuritiesShares. The Company shall then pay to the Underwriters by wire transfer of immediately available funds, less an amount equal to (i) the Underwriting Underwriters’ Fee and and, (ii) if so desired by the Underwriters, any costs and expenses owing to the Underwriters Underwriter pursuant to section 7.2. 11.5 The Company and Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Over- Allotment Option.

Option Closing. 11.1 10.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters Underwriter in such locations that NBF, on behalf of the Underwriters, advises Underwriter advise the Company the certificates (in physical or electronic form as NBF, on behalf of the Underwriters, Underwriter may advise in the notice) representing the Additional Securities Common Shares to be issued at the Option Closing in the names and denominations reasonably requested by NBF, on behalf of the UnderwritersUnderwriter. 11.2 10.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 10.3 At the Option Closing, the Company shall deliver to the Underwriters Underwriter such documents set forth in subsection 6.1(l‎6.1(l) as the Underwriters Underwriter may request. 11.4 10.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Closing Date the Underwriters Underwriter shall pay to the Company by wire transfer the gross proceeds of the sale of the Additional SecuritiesCommon Shares, less (i) the Underwriting Fee and (ii) if so desired by the UnderwritersUnderwriter, any costs and expenses owing to the Underwriters Underwriter pursuant to section 7.2‎7.2. 11.5 10.5 The Company and Underwriters Underwriter agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Allotment Option.

Option Closing. 11.1 10.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters Agents in such locations that NBF, on behalf of the Underwriters, Lead Agent advises the Company the certificates (in physical or electronic form as NBF, on behalf of the Underwriters, Lead Agent may advise in the notice) representing the Additional Securities Underlying Shares and/or Additional Warrants to be issued at the Option Closing in the names and denominations reasonably requested by NBF, on behalf of the UnderwritersAgents. 11.2 10.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Over- Allotment Option. 11.3 10.3 At the Option Closing, the Company shall deliver to the Underwriters Agent such documents set forth in subsection 6.1(l) 6.1(k), as the Underwriters Agents may request. 11.4 10.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Option Closing Date the Underwriters Agents shall pay to the Company by wire transfer transfer, certified cheque or bank draft the gross proceeds of the sale of the Additional SecuritiesUnits, Additional Underlying Shares and/or Additional Warrants, as the case may be, less (i) the Underwriting Agents’ Fee and (ii) if so desired by the UnderwritersNational Bank, any costs and expenses owing to the Underwriters Agents pursuant to section 7.2. 11.5 10.5 The Company and Underwriters Agents agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Over- Allotment Option.

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that NBF, on behalf of the Underwriters, advises Co-Lead Underwriters advise the Company the certificates (in physical or electronic form as NBF, on behalf of the Underwriters, Co-Lead Underwriters may advise in the notice) representing the Additional Securities Shares to be issued at the Option Closing in the names and denominations reasonably requested by NBF, on behalf of the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters such documents set forth in subsection 6.1(l6.1(u) as the Underwriters may request. 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Closing Date the Underwriters shall pay to the Company by wire transfer the gross proceeds of the sale of the Additional SecuritiesShares, less (i) the Underwriting Underwriters' Fee and (ii) if so desired by the Co-Lead Underwriters, any costs and expenses owing to the Underwriters pursuant to section 7.2. 11.5 The Company and Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s 's prior receipt of the notice in accordance with the Over-Over- Allotment Option.

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that NBF, on behalf of the Underwriters, advises Lead Underwriters advise the Company the certificates (in physical or electronic form as NBF, on behalf of the Underwriters, Lead Underwriters may advise in the notice) representing the Additional Securities Shares to be issued at the Option Closing in the names and denominations reasonably requested by NBF, on behalf of the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters such documents set forth in subsection 6.1(l6.1(k) as the Underwriters may request. 11.4 If the Company has satisfied all of its obligations under this Agreement, Agreement that are required to be satisfied before or on the Over-Allotment Closing Date Date, the Underwriters shall pay to the Company by wire transfer the gross aggregate proceeds of the sale of the Additional SecuritiesShares, less an amount equal to (i) the Underwriting Underwriters’ Fee and and, (ii) if so desired by the Underwriters, any costs and expenses owing to the Underwriters Underwriter pursuant to section 7.27.2 to be deducted from the gross proceeds of the offering of the Additional Shares. 11.5 The Company and the Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Allotment Option.