Common use of Usual case Clause in Contracts

Usual case. If the Issuer is an "emerging 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 the date the Issuer’s securities are listed on a Canadian exchange (the "Listing Date") 1/10 of your Escrow Securities 6 months after the Listing Date 1/6 of your remaining Escrow Securities 12 months after the Listing Date 1/5 of your remaining Escrow Securities 18 months after the Listing Date 1/4 of your remaining Escrow Securities 24 months after the Listing Date 1/3 of your remaining Escrow Securities 30 months after the Listing Date 1/2 of your remaining Escrow Securities 36 months after the Listing Date All of your remaining Escrow Securities * In the simplest case, where there are no changes to the Escrow Securities initially deposited and no additional Escrow Securities, the release schedule outlined above results in the Escrow Securities being released in equal tranches of 15% after completion of the release on the listing date.

Usual case. If the Issuer is an "emerging issuer" issuer (as defined in section 3.3 of the Policy) and you have not sold any Escrow Escrowed Securities in a permitted secondary offering, your Escrow Escrowed Securities will be released as follows: On the date the Issuer’s securities are listed on a Canadian exchange (the "Listing Date"listing date) 1/10 of your Escrow Escrowed Securities 6 months after the Listing Date listing date 1/6 of your remaining Escrow Escrowed Securities 12 months after the Listing Date listing date 1/5 of your remaining Escrow Escrowed Securities 18 months after the Listing Date listing date 1/4 of your remaining Escrow Escrowed Securities 24 months after the Listing Date listing date 1/3 of your remaining Escrow Escrowed Securities 30 months after the Listing Date listing date 1/2 of your remaining Escrow Escrowed Securities 36 months after the Listing Date All of listing date your remaining Escrow Escrowed Securities * *In the simplest case, where there are no changes to the Escrow Escrowed Securities initially deposited and no additional Escrow Escrowed Securities, the release schedule outlined above results in the Escrow Escrowed Securities being released in equal tranches of 15% after completion of the release on the listing date.

Usual case. If the Issuer is an "emerging issuer" (and “Emerging Issuer”) (as defined in section 3.3 of the Policy) and you have not sold any Escrow Securities in a permitted secondary offeringPermitted Secondary Offering, your Escrow Securities will be released as follows: On the date the Issuer’s securities are listed on a Canadian exchange (the "Listing Date") 1/10 of your Escrow Securities 6 months after the Listing Date 1/6 of your remaining Escrow Securities 12 months after the Listing Date 1/5 of your remaining Escrow Securities 18 months after the Listing Date 1/4 of your remaining Escrow Securities 24 months after the Listing Date 1/3 of your remaining Escrow Securities 30 months after the Listing Date 1/2 of your remaining Escrow Securities 36 months after the Listing Date All of your remaining Escrow Securities * *In the simplest case, where there are no changes to the Escrow Securities initially deposited and no additional Additional Escrow Securities, the release schedule outlined above results in the Escrow Securities being released in equal tranches of 15% after completion of the release on the listing dateListing Date.