Common use of Transfer and Ownership of Subscription Receipts Clause in Contracts

Transfer and Ownership of Subscription Receipts. (a) Subject to Section 2.13(d), Section 2.14, and Section 2.15, there are no restrictions on the transfer of the Subscription Receipts; however, the Subscription Receipts may only be transferred on the register kept at one of the Designated Offices by the holder or his legal representatives or his attorney duly appointed by an instrument in writing: (i) in the case of a Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at the Designated Office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred; and (ii) in the case of Uncertificated Subscription Receipts, in accordance with procedures prescribed by CDS under the Book-Entry Only System. Upon surrender for registration of transfer of Subscription Receipts at one of the Designated Offices, the Corporation shall in the case of Subscription Receipt Certificates, issue and the Subscription Receipt Agent shall Authenticate and deliver, in accordance with its Internal Procedures, a new Subscription Receipt Certificate and in the case of Uncertificated Subscription Receipts, the Subscription Receipt Agent will confirm the electronic deposit in accordance with procedures prescribed by CDS in the Book-Entry Only System, in each case of like tenor and in the name of the designated transferee. If less than all the Subscription Receipts evidenced by the Subscription Receipt Certificate(s) so surrendered are transferred, the transferor shall be entitled to receive, in the same manner, a new Subscription Receipt Certificate registered in his name evidencing the Subscription Receipts not transferred; however, notwithstanding the foregoing provisions of this Section 2.13(a), Subscription Receipts shall only be transferred upon:

Appears in 3 contracts

Samples: Subscription Receipt Agreement, Subscription Receipt Agreement, Subscription Receipt Agreement

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Transfer and Ownership of Subscription Receipts. (a) Subject to Section 2.13(d), Section 2.14, and Section 2.152.15 and subject to the Subscription Agreement, including Section 10.1(c) of the Subscription Agreement, there are no restrictions on the transfer of the Subscription Receipts; however, the Subscription Receipts may only be transferred on the register kept at one of the Designated Offices by the holder or his legal representatives or his attorney duly appointed by an instrument in writing: (i) in the case of a Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at the Designated Office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred; and (ii) in the case of Uncertificated Subscription Receipts, in accordance with procedures prescribed by CDS under the Book-Entry Only System. Upon surrender for registration of transfer of Subscription Receipts at one of the Designated Offices, the Corporation shall in the case of Subscription Receipt Certificates, issue and the Subscription Receipt Agent shall Authenticate and deliver, in accordance with its Internal Procedures, a new Subscription Receipt Certificate and in the case of Uncertificated Subscription Receipts, the Subscription Receipt Agent will confirm the electronic deposit in accordance with procedures prescribed by CDS in the Book-Entry Only System, in each case of like tenor and in the name of the designated transferee. If less than all the Subscription Receipts evidenced by the Subscription Receipt Certificate(s) so surrendered are transferred, the transferor shall be entitled to receive, in the same manner, a new Subscription Receipt Certificate registered in his name evidencing the Subscription Receipts not transferred; however, notwithstanding the foregoing provisions of this Section 2.13(a), Subscription Receipts shall only be transferred upon:

Appears in 2 contracts

Samples: Subscription Receipt Agreement (Cae Inc), Subscription Receipt Agreement (Cae Inc)

Transfer and Ownership of Subscription Receipts. (a) Subject to Section 2.13(d), Section 2.14, 2.15(d) and Section 2.152.16, there are no restrictions on the transfer of the Subscription Receipts; however, the . The Subscription Receipts may only be transferred on the register kept at one of the Designated Offices by the holder Receiptholder or his such Receiptholder’s legal representatives or his attorney duly appointed by an instrument in writing: writing (i) in the case of a Subscription Receipt Certificate, by surrendering to the Subscription Receipt Agent at the Designated Office the Subscription Receipt Certificates Certificate representing the Subscription Receipts to be transferred; , and (ii) in the case of Uncertificated Subscription Receipts, in accordance with procedures prescribed by CDS under the Book-Entry Only System. Upon surrender for registration of transfer of Subscription Receipts at one of the Designated Offices, the Corporation shall shall, in the case of a Subscription Receipt CertificatesCertificate, issue and thereupon the Subscription Receipt Agent shall Authenticate and deliver, in accordance with its Internal Procedures, deliver a new Subscription Receipt Certificate and and, in the case of Uncertificated Subscription Receipts, the Subscription Receipt Agent will confirm the electronic deposit of Subscription Receipts in accordance with procedures prescribed by CDS in the Book-Entry Only System, in each case of like tenor and in the name of the designated transferee. If less than all the Subscription Receipts evidenced by the a Subscription Receipt Certificate(s) Certificate so surrendered are transferred, the transferor shall be entitled to receive, in the same manner, a new Subscription Receipt Certificate registered in his such Receiptholder’s name evidencing the Subscription Receipts not transferred; however, provided that, notwithstanding the foregoing provisions of this Section 2.13(a2.15(a), Subscription Receipts shall only be transferred upon:

Appears in 1 contract

Samples: Subscription Receipt Agreement (Pembina Pipeline Corp)

Transfer and Ownership of Subscription Receipts. (a) Subject to Section 2.13(d), Section 2.14, and Section 2.15, and, in the case of Subscription Receipts sold in the United States, Section 2.16, there are no restrictions on the transfer of the Subscription Receipts; however, the Subscription Receipts may only be transferred on the register kept at one of the Designated Offices by the holder or his legal representatives or his attorney duly appointed by an instrument in writing: (i) in the case of a Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at the Designated Office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred; and (ii) in the case of Uncertificated Subscription Receipts, in accordance with procedures prescribed by CDS under the Book-Entry Only System. Upon surrender for registration of transfer of Subscription Receipts at one of the Designated Offices, the Corporation shall in the case of Subscription Receipt Certificates, issue and the Subscription Receipt Agent shall Authenticate and deliver, in accordance with its Internal Procedures, a new Subscription Receipt Certificate and in the case of Uncertificated Subscription Receipts, the Subscription Receipt Agent will confirm the electronic deposit in accordance with procedures prescribed by CDS in the Book-Entry Only System, in each case of like tenor and in the name of the designated transferee. If less than all the Subscription Receipts evidenced by the Subscription Receipt Certificate(s) so surrendered are transferred, the transferor shall be entitled to receive, in the same manner, a new Subscription Receipt Certificate registered in his name evidencing the Subscription Receipts not transferred; however, notwithstanding the foregoing provisions of this Section 2.13(a), Subscription Receipts shall only be transferred upon:

Appears in 1 contract

Samples: Subscription Receipt Agreement

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Transfer and Ownership of Subscription Receipts. (a) Subject to Section 2.13(d), Section 2.14, The Subscription Receipt Trustee will keep at its Designated Office a register in which it will enter and Section 2.15, there are no restrictions on record: (i) the transfer names and addresses of Receiptholders and particulars of the Subscription ReceiptsReceipts held by them; however, and (ii) all transfers of Subscription Receipts and the date and other particulars of each transfer (the "REGISTER"). This Register is to be at all reasonable times during the regular business hours of the Subscription Receipt Trustee open for inspection by the Receiptholders. The Subscription Receipts may only be transferred on the register kept at one of the Designated Offices Register by the holder or his legal representatives or his attorney duly appointed by an instrument in writing: (i) in the case of a Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at the Designated Office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred; and (ii) in the case of Uncertificated Subscription Receipts, in accordance with procedures prescribed by CDS under the Book-Entry Only System. Upon surrender for registration of transfer of Subscription Receipts at one the Designated Office of the Designated OfficesSubscription Receipt Trustee, the Corporation shall in the case of Subscription Receipt Certificates, will issue and thereupon the Subscription Receipt Agent shall Authenticate Trustee will certify and deliver, in accordance with its Internal Procedures, deliver a new Subscription Receipt Certificate and in the case of Uncertificated Subscription Receipts, the Subscription Receipt Agent will confirm the electronic deposit in accordance with procedures prescribed by CDS in the Book-Entry Only System, in each case of like tenor and in the name of the designated transferee. If less than all the Subscription Receipts evidenced by the a Subscription Receipt Certificate(s) Certificate so surrendered are transferred, the transferor shall be is entitled to receive, in the same manner, a one or more new Subscription Receipt Certificate Certificates registered in his name evidencing the Subscription Receipts not transferred; however. However, notwithstanding the foregoing provisions foregoing, the Subscription Receipt Trustee and the Corporation will cause a transfer of this Section 2.13(a), Subscription Receipts shall to be entered and recorded on the Register only be transferred upon:

Appears in 1 contract

Samples: Subscription Receipt Agreement (Australian Canadian Oil Royalties LTD)

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