Examples of Broker Option Certificate in a sentence
The Holder may subscribe for and purchase any lesser number of Units than the number of Units expressed in any Broker Option Certificate.
The Corporation may deem and treat the registered holder of any Broker Option Certificate as the absolute owner of the Broker Options represented thereby for all purposes, and the Corporation shall not be affected by any notice or knowledge to the contrary except where the Corporation is required to take notice by statute or by order of a court of competent jurisdiction.
This Broker Option Certificate shall be governed by the laws of the Province of Ontario and the federal laws of Canada applicable herein.
On the happening of each and every such event set out in section 8 herein, the applicable provisions of this Broker Option Certificate, including the Exercise Price, shall, ipso facto, be deemed to be amended accordingly and the Corporation shall take all necessary action so as to comply with such provisions as so amended.
If one or more of the provisions contained herein shall, for any reason, be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of this Broker Option Certificate, but this Broker Option Certificate shall be construed as if such invalid, illegal or unenforceable provision or provisions had never been contained herein.
In the case of any subscription for a lesser number of Units than expressed in any Broker Option Certificate, the Holder hereof shall be entitled to receive, at no cost to the Holder, a new Broker Option Certificate in respect of the balance of Broker Options not then exercised.
If any Broker Option Certificate becomes stolen, lost, mutilated or destroyed, the Corporation shall, on such terms as it may in its discretion impose, acting reasonably, issue and sign a new Broker Option Certificate of like denomination, tenor and date as the Broker Option Certificate so stolen, lost, mutilated or destroyed for delivery to the Holder.
Such new Broker Option Certificate shall be mailed to the Holder by the Corporation or, at its direction, the transfer agent of the Corporation, contemporaneously with the mailing of the certificate or certificates representing the Common Shares and Warrants issued pursuant to section 5 herein.
Any Broker Option Certificate, subscription form and cash, certified cheque, money order or bank draft shall be deemed to be surrendered only upon delivery thereof to the Corporation at its principal office in the manner provided for in this section 4.
All Broker Option Certificates shall be signed by an officer of the Corporation holding office at the time of signing, or any successor or replacement of such person and notwithstanding any change in any of the persons holding said offices between the time of actual signing and the delivery of the Broker Option Certificate, the Broker Option Certificate so signed shall be valid and binding upon the Corporation.