Common use of RIGHTS AND COVENANTS OF THE CORPORATION Clause in Contracts

RIGHTS AND COVENANTS OF THE CORPORATION. 12 4.1 General Covenants of the Corporation 12 4.2 Subscription Receipt Agent's Remuneration and Expenses 13 ARTICLE 5 ESCROWED FUNDS 13 5.1 Deposit of Subscription Proceeds 13 5.2 Placement of Escrowed Funds 14 5.3 Release of Escrowed Funds Upon Receipt of Release Certificate 15 5.4 Release of Escrowed Funds on Termination Event 15 5.5 Direction 15 5.6 Early Termination of any Deposit of the Escrowed Funds 15 5.7 Method of Disbursement and Delivery 15 5.8 Miscellaneous 16 ARTICLE 6 SUCCESSOR CORPORATION 17 6.1 Successor Corporation 17 ARTICLE 7 CONCERNING THE SUBSCRIPTION RECEIPT AGENT 17 7.1 Applicable Legislation 17 7.2 Rights and Duties of Subscription Receipt Agent 17 7.3 Indemnification 19 7.4 Evidence, Experts and Advisers 20 7.5 Subscription Receipt Agent Not Required to Give Security 21 7.6 Protection of Subscription Receipt Agent 21 7.7 Replacement of Subscription Receipt Agent; Successor by Xxxxxx 22 7.8 Role and Capacity of Subscription Receipt Agent 23 7.9 Documents, Moneys, etc. Held by Subscription Receipt Agent 23 7.10 Books and Records 23 7.11 Not Bound to Act 23 7.12 Privacy 24 7.13 Third Party Interests 24

RIGHTS AND COVENANTS OF THE CORPORATION. 12 4.1 22 Section 6.1 Optional Purchases by the Corporation 22 Section 6.2 General Covenants of the Corporation 12 4.2 22 Section 6.3 Subscription Receipt Agent's Remuneration ’s Remuneration, Expenses and Expenses 13 ARTICLE 5 ESCROWED FUNDS 13 5.1 Deposit Indemnification 23 Section 6.4 Performance of Subscription Proceeds 13 5.2 Placement of Escrowed Funds 14 5.3 Release of Escrowed Funds Upon Receipt of Release Certificate 15 5.4 Release of Escrowed Funds on Termination Event 15 5.5 Direction 15 5.6 Early Termination of any Deposit of the Escrowed Funds 15 5.7 Method of Disbursement and Delivery 15 5.8 Miscellaneous 16 ARTICLE 6 SUCCESSOR CORPORATION 17 6.1 Successor Corporation 17 ARTICLE 7 CONCERNING THE SUBSCRIPTION RECEIPT AGENT 17 7.1 Applicable Legislation 17 7.2 Rights and Duties of Subscription Receipt Agent 17 7.3 Indemnification 19 7.4 Evidence, Experts and Advisers 20 7.5 Subscription Receipt Agent Not Required to Give Security 21 7.6 Protection of Subscription Receipt Agent 21 7.7 Replacement of Subscription Receipt Agent; Successor by Xxxxxx 22 7.8 Role and Capacity of Subscription Receipt Agent 23 7.9 Documents, Moneys, etc. Held Covenants by Subscription Receipt Agent 23 7.10 Books and Records Section 6.5 Accounting 23 7.11 Not Bound to Act 23 7.12 Section 6.6 Payments by Subscription Receipt Agent 24 Section 6.7 Regulatory Matters 24 Section 6.8 Anti-Money Laundering & Privacy 24 7.13 Third Party Interests 24Section 6.9 Status in the United States 25 Section 6.10 Indemnity of Underwriters 25 ARTICLE 7 ENFORCEMENT 25 Section 7.1 Suits by Receiptholders 25 Section 7.2 Immunity of Shareholders, etc 25 Section 7.3 Limitation of Liability 26 ARTICLE 8 MEETINGS OF RECEIPTHOLDERS 26 Section 8.1 Right to Convene Meetings 26 Section 8.2 Notice 26 Section 8.3 Chairperson 26 Section 8.4 Quorum 26 Section 8.5 Power to Adjourn 27 Section 8.6 Show of Hands 27 Section 8.7 Poll and Voting 27 Section 8.8 Regulations 27 Section 8.9 Corporation and Subscription Receipt Agent may be Represented 28 Section 8.10 Powers Exercisable by Special Resolution 28 Section 8.11 Meaning of Special Resolution 29 Section 8.12 Powers Cumulative 30 Section 8.13 Minutes 30 Section 8.14 Instruments in Writing 30 Section 8.15 Binding Effect of Resolutions 31 Section 8.16 Holdings by Corporation Disregarded 31