Common use of Use of Accounts Clause in Contracts

Use of Accounts. Each of the Corporation and the Agent hereby represents to the Subscription Receipt Agent that any account to be opened by, or interest to be held by, the Subscription Receipt Agent in connection with this Agreement, for or to the credit of such party other than the Receiptholders, either (i) is not intended to be used by or on behalf of any third party; or (ii) is intended to be used by or on behalf of a third party, in which case such party hereto agrees to complete and execute forthwith a declaration in the Subscription Receipt Agent's prescribed form as to the particulars of such third party.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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Use of Accounts. Each of the Corporation and the Lead Agent hereby represents to the Subscription Receipt Agent that any account to be opened by, or interest to be held by, the Subscription Receipt Agent in connection with this Agreement, for or to the credit of such party other than the Receiptholders, either (i) is not intended to be used by or on behalf of any third party; , or (ii) is intended to be used by or on behalf of a third party, in which case such party hereto agrees to complete and execute forthwith a declaration in the Subscription Receipt Agent's ’s prescribed form as to the particulars of such third party.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Use of Accounts. Each of party to this Indenture (other than the Corporation and the Agent Subscription Receipt Agent) hereby represents to the Subscription Receipt Agent that any account to be opened by, or interest to be held by, the Subscription Receipt Agent in connection with this AgreementIndenture, for or to the credit of such party other than the Receiptholdersparty, either (i) is not intended to be used by or on behalf of any third party; or (ii) is intended to be used by or on behalf of a third party, in which case such party hereto agrees to complete and execute forthwith a declaration in the Subscription Receipt Agent's ’s prescribed form as to the particulars of such third party.

Appears in 1 contract

Samples: www.otcmarkets.com

Use of Accounts. Each of the Corporation and the Agent hereby represents to the Subscription Receipt Agent that any account to be opened by, or interest to be held by, the Subscription Receipt Agent in connection with this Agreement, for or to the credit of such party other than the Receiptholders, either (i) is not intended to be used by or on behalf of any third party; , or (ii) is intended to be used by or on behalf of a third party, in which case such party hereto agrees to complete and execute forthwith a declaration in the Subscription Receipt Agent's prescribed form as to the particulars of such third party.

Appears in 1 contract

Samples: Receipt Agreement

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Use of Accounts. Each of party to this Agreement (other than the Corporation and the Agent Subscription Receipt Agent) hereby represents to the Subscription Receipt Agent that any account to be opened by, or interest to be held by, the Subscription Receipt Agent in connection with this Agreement, for or to the credit of such party other than the Receiptholdersparty, either (i) is not intended to be used by or on behalf of any third party; or (ii) is intended to be used by or on behalf of a third party, in which case such party hereto agrees to complete and execute forthwith a declaration in the Subscription Receipt Agent's ’s prescribed form as to the particulars of such third party.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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