Subscription Receipts definition
Examples of Subscription Receipts in a sentence
Subject to applicable law and stock exchange rules, the Corporation may, from time to time, purchase by private contract or otherwise, for cancellation, any of the Subscription Receipts.
In the case of joint Holders, any one of them present in person or by proxy at the meeting may vote in the absence of the other or others; but in case more than one of them shall be present in person or by proxy, they shall vote together in respect of Subscription Receipts of which they are joint registered Holders.
The Corporation and the Subscription Receipt Agent may deem and treat the Holder of any Subscription Receipts as the absolute owner thereof for all purposes, and the Corporation and the Subscription Receipt Agent shall not be affected by any notice or knowledge to the contrary except where the Corporation or the Subscription Receipt Agent is required to take notice by statute or by order of a court of competent jurisdiction.
Subject to Section 7.2, all Subscription Receipts shall rank pari passu, whatever may be the actual dates of issue of the Subscription Receipts.
The Subscription Receipt Agent acknowledges that the Escrowed Proceeds in respect of the Subscription Receipts have been delivered to the Subscription Receipt Agent by the Subscription Receiptholders by electronic transfer of funds into a segregated account as directed by the Subscription Receipt Agent and the Corporation.