Terms of Subscription Receipts. Each Subscription Receipt shall evidence the right of the holder thereof to receive the securities and/or the amounts specified in Section 3.3 and Section 3.5 hereof, as applicable.
Terms of Subscription Receipts. (1) Subject to the provisions of Articles 4 and 5, each of the Subscription Receipts issued under section 2.1 shall entitle the holder thereof to receive from the Corporation, without payment of additional consideration, that number of Units that is equal to the Exchange Number in effect at the Exercise Date.
Terms of Subscription Receipts. Each Subscription Receipt shall evidence the right of the holder: (i) to receive, if the Escrow Release Time occurs at or before the Escrow Release Deadline, for no additional consideration, one (1) Underlying Share which shall be immediately exchanged for one (1) Resulting Issuer Share pursuant to the terms of the Amalgamation Agreement; and (ii) if a Termination occurs, to receive an amount equal to the sum of the Subscription Price per such Subscription Receipt and a pro rata share of the Earned Interest, less applicable withholding taxes, if any, all in the manner and on the terms and conditions set out in this Agreement.
Terms of Subscription Receipts. (a) Each Subscription Receipt shall evidence the right of the Receiptholder: (i) to receive, if the Escrow Release Time occurs on or before the Termination Date, for no additional consideration, one Underlying Common Share; and (ii) if Termination occurs, to receive an amount equal to the sum of the Subscription Price and a pro rata share of the Earned Interest, less applicable withholding taxes, if any, all in the manner and on the terms and conditions set out in this Agreement.
Terms of Subscription Receipts. The Subscription Receipts shall evidence the right of the Receiptholder: (i) to receive, if the Escrow Release Time occurs on or before the Escrow Release Deadline, for no additional consideration : (A) one (1) Unit for each Subscription Receipt – A held by the Receiptholder and
Terms of Subscription Receipts. 9 2.4 Fractional Subscription Receipts 9 2.5 Register for Subscription Receipts 9 2.6 Registers Open for Inspection 9 2.7 Receiptholder not a Shareholder 9 2.8 Subscription Receipts to Rank Pari Passu 9 2.9 Signing of Subscription Receipt Certificates. 9 2.10 [Intentionally Deleted] 10 2.11 Issue in Substitution for Subscription Receipt Certificates Lost, etc. 10 2.12 Exchange of Subscription Receipt Certificates. 10 2.13 Transfer and Registration of Subscription Receipts 11 2.14 U.S. Purchaser Subscription Receipt Certificates 12 2.15 Right of Rescission 15 ARTICLE 3 ISSUANCE OF UNDERLYING COMMON SHARES OR REFUND OF SUBSCRIPTION PRICE 15 3.1 Release of Funds from Escrow 15 3.2 Delivery of Underlying Common Shares 15
Terms of Subscription Receipts. Each Subscription Receipt shall evidence the right of the holder: (i) to receive, (A) if the First Escrow Release Time occurs on or before the First Escrow Release Deadline, for no additional consideration or further action, one (1) Unit for each Subscription Receipt that represents the Escrowed Proceeds released on the First Escrow Release Date as specified in the Conversion Notice, and (B) if the Second Escrow Release Time occurs on or before the Second Escrow Release Deadline, for no additional consideration or further action, one (1) Unit for each Subscription Receipt that represents the Escrowed Proceeds released on the Second Escrow Release Date as specified in the Conversion Notice; (ii) if a Termination Event occurs or if no Conversion Notice is delivered to the Subscription Receipt Agent by the Corporation and the Receiptholder prior to the First Escrow Release Deadline to receive an amount equal to the Termination Fee and the Earned Interest, less applicable withholding taxes, if any, all in the manner and on the terms and conditions set out in this Agreement plus the amount equal to the Subscription Price for each Subscription Receipt Held, and (iii) if a Termination Event occurs or if no Conversion Notice is delivered to the Subscription Receipt Agent by the Corporation and the Receiptholder after the First Escrow Release Deadline but prior to the Second Escrow Release Deadline, to receive an amount equal to the sum of the Subscription Price per unconverted Subscription Receipt and the Earned Interest, less applicable withholding taxes, if any. On the occurrence of a Termination Event or if no Conversion Notice is delivered to the Subscription Receipt Agent by the Corporation and the Receiptholder prior to the First Escrow Release Deadline or Second Escrow Release Deadline, as applicable, all unconverted Subscription Receipts shall be cancelled and become null and void, provided that the balance of the Escrowed Funds have been released to the Receiptholder.”
Terms of Subscription Receipts. Each Subscription Receipt shall evidence the right of the holder of record as of the Acquisition Closing Date or the Termination Date, as applicable, to receive, without payment of additional consideration and without any further action:
Terms of Subscription Receipts. Each Subscription Receipt shall evidence the right of the holder to receive the securities specified in Section 3.2 hereof. References in this Agreement to the issuance of Underlying Common Shares or Warrants “in exchange” for Subscription Receipts are intended only to reflect the issuance of such Underlying Common Shares or Warrants in accordance with the rights of Receiptholders to receive such securities hereunder.
Terms of Subscription Receipts. Each Subscription Receipt shall evidence the right of the holder: (i) to receive, if the Escrow Release Time occurs on or before the Escrow Release Deadline, for no additional consideration or further action, one (1) Unit; and (ii) if a Termination Event occurs or if no Conversion Notice is delivered to the Subscription Receipt Agent by the Corporation and the Receiptholder prior to the Escrow Release Deadline, to receive an amount equal to the sum of the Subscription Price per such Subscription Receipt and the Earned Interest, less applicable withholding taxes, if any, all in the manner and on the terms and conditions set out in this Agreement. On the occurrence of a Termination Event or if no Conversion Notice is delivered to the Subscription Receipt Agent by the Corporation and the Receiptholder prior to the Escrow Release Deadline, all Subscription Receipts shall be cancelled and become null and void, provided that the Escrowed Funds have been released to the Receiptholder.
