Common use of Securities Register Clause in Contracts

Securities Register. (i) With respect to each MEG Shareholder (other than Dissenting Shareholders and Purchaser), at the Effective Time: (a) such MEG Shareholder shall cease to be the holder of the MEG Shares so transferred and to have any rights as a MEG Shareholder other than the right to receive the Consideration issuable to such holder on the basis set forth in Section 3.1(c); (b) such MEG Shareholder's name shall be removed from the register of holders of ▇▇▇ ▇▇▇▇▇▇ maintained by or on behalf of MEG as it relates to the MEG Shares so transferred; and (c) Purchaser shall be deemed to be the transferee (free and clear of all Encumbrances) of the MEG Shares so transferred and shall, in respect of such MEG Shares, be added to the register of holders of ▇▇▇ ▇▇▇▇▇▇ maintained by or on behalf of MEG.

Securities Register. (i) With respect to each MEG Shareholder (other than Dissenting Shareholders and PurchaserShareholders), at the Effective Time: (a) such MEG Shareholder shall cease to be the holder of the MEG Shares so transferred and to have any rights as a MEG Shareholder other than the right to receive the Consideration issuable to such holder on the basis set forth in Section 3.1(c); (b) such MEG Shareholder's name shall be removed from the register of holders of ▇▇▇ ▇▇▇▇▇▇ maintained by or on behalf of MEG as it relates to the MEG Shares so transferred; and (c) Purchaser shall be deemed to be the transferee (free and clear of all Encumbrances) of the MEG Shares so transferred and shall, in respect of such MEG Shares, be added to the register of holders of ▇▇▇ ▇▇▇▇▇▇ maintained by or on behalf of MEG.