Common use of Usual case Clause in Contracts

Usual case. If the Issuer is an established issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On , 2 , the date the Issuer’s securities are listed on a Canadian exchange (the listing date) 25% of your escrow securities 6 months after the listing date 25% of your escrow securities 12 months after the listing date 25% of your escrow securities 18 months after the listing date 25% of your escrow securities

Appears in 1 contract

Sources: Escrow Agreement

Usual case. If the Issuer is an established issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On ________, 2 2___, the date the Issuer’s 's securities are listed on a Canadian exchange (the listing date) 25% 1/4 of your escrow securities 6 months after the listing date 25% 1/3 of your remaining escrow securities 12 months after the listing date 25% 1/2 of your remaining escrow securities 18 months after the listing date 25% of your remaining escrow securities

Appears in 1 contract

Sources: Escrow Agreement (Sutcliffe Resources Ltd.)

Usual case. If the Issuer is an established issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On , 2 , the date the Issuer’s securities are listed on a Canadian exchange (the listing date) 25% of your escrow securities 6 months after the listing date 25% of your escrow securities 12 months after the listing date 25% of your escrow securities 18 months after the listing date 25% 1/4 of your escrow securities

Appears in 1 contract

Sources: Escrow Agreement

Usual case. If the Issuer is an established issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On , 2 , the date the Issuer’s ' securities are listed on a Canadian exchange (the "listing date") 25% 1/4 of your escrow securities 6 months after the listing date 25% 1/3 of your escrow securities 12 months after the listing date 25% 1/2 of your escrow securities 18 months after the listing date 25% of your remaining escrow securities

Appears in 1 contract

Sources: Escrow Agreement (Alexco Resource Corp)