SURRENDER FOR CANCELLATION Sample Clauses

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer
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SURRENDER FOR CANCELLATION. If the principal amount due upon any Note shall become payable before the Stated Maturity thereof, the Person presenting such Note for payment shall surrender the same for cancellation to the Corporation and the Corporation shall pay or cause to be paid the interest accrued and unpaid thereon (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date).
SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange, (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years, (c) 5 years from the date that the Exchange accepts this Agreement for filing, or (d) where required by sections 6 (4) (5) and (6).
SURRENDER FOR CANCELLATION. If the Principal becomes payable by redemption or otherwise before the Maturity Date, the Holder must surrender this Note for cancellation. If the Holder fails to surrender the Note within a period of seven days from the Redemption Date or does not in such time accept payment of the Principal or give such receipt therefor, if any, as the Payor may require, the whole of the then outstanding Principal shall be set aside in trust for the Holder, without interest on account held with a bank licensed to carry on banking business under the Banking Xxx 0000 (Australia), and such setting aside shall for all purposes be deemed a payment to the Holder of the sum so set aside, and to that extent such Holder shall have no right except to receive payment out of the moneys so paid and deposited upon surrender and delivery up of this Note.
SURRENDER FOR CANCELLATION. If the principal amount due upon any Debenture shall become payable before the stated maturity thereof, the Person presenting such Debenture for payment shall surrender the same for cancellation to the Debenture Trustee’s office in the City of Vancouver, British Columbia or the City of Toronto, Ontario and the Company shall pay or cause to be paid the interest accrued and unpaid thereon (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date).
SURRENDER FOR CANCELLATION. The Principals shall surrender the Escrow Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Escrow Shares to the Issuer: (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Executive Director or the Exchange; (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years; (c) 10 years from the later of the date of issue of the Escrow Shares and the date of the receipt for the Issuer's prospectus on its initial public offering; or (d) where required by section 6(d). 9. Amendment Of Agreement (a) Subject to subsection (b), this Agreement may be amended only by a written agreement among the Parties and with the written consent of the Executive Director or the Exchange; (b) Schedule "C" to this Agreement shall be amended upon: (i) a transfer of Escrow Shares pursuant to section 6; (ii) a release of Escrow Shares from escrow pursuant to section 7; or (iii) a surrender of Escrow Shares for cancellation pursuant to section 8; and the Escrow Agent shall note the amendment on the Schedule "C" in its possession. 10.
SURRENDER FOR CANCELLATION. The Principals shall surrender the Escrow Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Escrow Shares to the Issuer: (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Executive Director or the Exchange; (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years; (c) 10 years from the later of the date of issue of the Escrow Shares and the date of the receipt for the Issuer's prospectus on its initial public offering; or (d) where required by section 6(d).
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SURRENDER FOR CANCELLATION. Without limiting the generality of Section 7.04, the Company may at any time deliver Notes to the Trustee for cancellation. The Registrar, the Paying Agent and the Conversion Agent will forward to the Trustee each Note duly surrendered to them for transfer, exchange, payment or conversion. The Trustee will promptly cancel all Notes so surrendered to it in accordance with its customary procedures. Without limiting the generality of Section 2.03, the Company may not originally issue new Notes to replace Notes that it has paid or that have been cancelled upon transfer, exchange, payment or conversion.
SURRENDER FOR CANCELLATION. In the event of the cancellation of the Shares pursuant to the terms of section 4.3 of the Assignment Agreement, PCR shall surrender the Shares and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer for cancellation.
SURRENDER FOR CANCELLATION. 8.1 The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Executive Director or the Exchange; (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years; and (c) any shares not released from the escrow hereby created before the expiration of five years from the date the Exchange accepts this agreement for filing shall be surrendered by the shareholder for cancellation forthwith and the Company and the Escrow Agent hereby agree to take all such actions as may be necessary to expeditiously effect such cancellation. 9. AMENDMENT OF AGREEMENT 9.1 Subject to subsection 9.2, this agreement may be amended only by a written agreement among the Parties and with the written consent of the Executive Director or the Exchange.
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