Common use of Rights of Registered Holder Clause in Contracts

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Common Shares issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may shall act accordinglyin accordance to this agreement, and the issue and delivery to any such registered holder of Underlying Securities Shares issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Common Shares and Warrants issuable pursuant thereto upon satisfaction of the Release Conditions (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities the Common Shares issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof2.02(b)) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Convertible Debentures issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Units issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.3(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation Company and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Unit Shares and Warrants issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof2.2) will be a good discharge to the Corporation Company and the Subscription Receipt Agent therefor and neither the Corporation Company nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.. CONVERSION OF SUBSCRIPTION RECEIPTS

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities the Unit Shares and the Warrants issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereofsubsection 2.02(c)) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Special Warrants issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Common Shares and Warrants issuable pursuant thereto upon satisfaction of the Release Conditions (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof2.2(b)hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities the Special Warrants issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereofsubsection 2.02(b)) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Second Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities the Units issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Common Shares issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) 0 hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Shares issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Common Shares issuable pursuant thereto upon satisfaction of the Release Conditions (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation Company and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Unit Shares and Warrants issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof2.2(a)(ii)) will be a good discharge to the Corporation Company and the Subscription Receipt Agent therefor and neither the Corporation Company nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any FT Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities the FT Shares issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(c) hereof) will be a good discharge to the Corporation and the FT Subscription Receipt Agent therefor and neither the Corporation nor the FT Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Flow-Through Unit Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities FT Unit Shares issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities Subscription Shares and Warrants issuable pursuant thereto (or the payment of amounts payable in respect thereof pursuant to Section 2.2(2) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.

Rights of Registered Holder. The registered holder of any Subscription Receipt will be entitled to the rights represented thereby free from all equities and rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly, and the issue and delivery to any such registered holder of Underlying Securities issuable pursuant thereto upon satisfaction of the Escrow Release Conditions (or the payment of amounts payable in respect thereof pursuant to Section 2.2(22.2(b) hereof) will be a good discharge to the Corporation and the Subscription Receipt Agent therefor and neither the Corporation nor the Subscription Receipt Agent will be bound to inquire into the title of any such registered holder.